01-04-2017, 11:05 AM
(01-04-2017, 04:08 AM)Eric the Green Wrote:(01-04-2017, 12:57 AM)Warren Dew Wrote:(01-04-2017, 12:56 AM)pbrower2a Wrote:(01-04-2017, 12:41 AM)Warren Dew Wrote:(01-04-2017, 12:19 AM)pbrower2a Wrote: Sales taxes are regressive, and they are tolerated to the extent that they do obvious services (like schools, medical care, roads, law enforcement). Because most people get little tangible benefit from federal government (like the huge military expenditures for defending American corporate interests abroad, the feds must rely heavily upon income taxes.
If you want to tax the robots, though, income taxes won't do it, since robots have no income.
The owners typically extract the income. To tax consumption is shakier. Taxing the conspicuous consumption of elites is far trickier than taxing income.
Taxing the income of the elites is virtually impossible, though. Buffett pays an effective tax rate of less than one tenth of one percent.
That's a strange statement lol
Of course it's possible, but not with Republicans in power.
It's the Democrats that protect Buffett and Soros, and the investment billionaires in general.
The Democrats had filibuster proof power for a while, and they certainly didn't do anything about that then.
Quote:Quote:If you want to tax the robots, though, income taxes won't do it, since robots have no income.
Tax the robots! I like it! Hey, robots are taking over, and getting all the good jobs; they should pay their fair share!
That's why I suggested sales tax on what they produce. If people have other ideas, I'm interested.