[657] in libertarians
Re: there is hope yet.
daemon@ATHENA.MIT.EDU (Vernon Imrich)
Mon Feb 13 00:40:02 1995
To: libertarians@MIT.EDU
Date: Mon, 13 Feb 1995 00:38:21 EST
From: Vernon Imrich <vimrich@MIT.EDU>
|> I don't know what the official Libertarian position is
|> on the proposed tax cut- but I firmly believe it is much
|> more economically sound to fix the debt *before* cutting
|> the income. And it gives me great hope that apparently
|> the so-called ignorant masses agree. If only the congress
|> would *listen*!
They favor replacing the income tax with user fee style
taxes, or a flat tax. For interim purposes, the switch
is supposed to be revenue neutral. If you had to choose
between cutting government and cutting taxes, libertarians
would choose government first IMHO (though they want both)
because government is both expensive AND invasive and
we don't kid ourselves about "growing out" of deficits.
Of course, once you had a balanced budget, it would be
difficult to downsize government without also cutting
taxes (unless you wanted revenue surpluses).
|> [some headers deleted]
|> Subject: Majority at budget hearing opposes tax cuts
|> Copyright: 1995 by Reuters, R
|> Date: Sat, 11 Feb 95 15:20:06 PST
|>
|> MANVILLE, N.J. (Reuter) - The vast majority of 1,000 people
...
|> For example, while Social Security is considered sacrosanct
|> by members of Congress, Carol Kasabach of Hamilton Township,
|> N.J. suggested affluent people such as herself should not
|> receive benefits.
|> ``Wouldn't that be turning it into welfare?'' asked Rep.
|> Robert Walker, R-Pa., noting everyone would still pay but not
|> everyone would receive benefits.
As if it already isn't. This is why we have all this garbage.
A bunch of crap just to hide the fact that what we've been doing
for the last 70 years is wealth redistribution on a grand scale.
Thing is, we'd be far better off if we just scrapped all this
nonsense and made direct cash payments. At least there would
be less middlemen and less unitended consequences. Also, we
might have to actually face what it was that we were up to.
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| Vernon Imrich | market failure, n. The inabilty of the |
| MIT, Dept. OE | market to recover from a blow by |
| Cambridge, MA 02139 | intervention. (The Exchange) |
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| MIT LP: http://www.mit.edu:8001/activities/libertarians/home.html |
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