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Default Marching off a cliff

On 4/19/2011 10:56 AM, Frogwatch wrote:
Here is where the USA is headed:
https://danieljmitchell.wordpress.co...ng-to-america/
Knowing this is happening, what do you do? They could tax the rich at
100% and not come close to paying the govt bills for even a year. The
"tax compliance industry" is bigger than the entire retail sector of
the US economy, that is, collecting taxes consumes more people than
all of Wal Mart, Target, Costco, etc combined. Can the beast be
reformed or should we kill it?


I don't know what your day job is, but I hope you are better at it than
economic prognostication.
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Default Marching off a cliff

paul@byc wrote:
On 4/19/2011 10:56 AM, Frogwatch wrote:
Here is where the USA is headed:
https://danieljmitchell.wordpress.co...ng-to-america/

Knowing this is happening, what do you do? They could tax the rich at
100% and not come close to paying the govt bills for even a year. The
"tax compliance industry" is bigger than the entire retail sector of
the US economy, that is, collecting taxes consumes more people than
all of Wal Mart, Target, Costco, etc combined. Can the beast be
reformed or should we kill it?


I don't know what your day job is, but I hope you are better at it than
economic prognostication.



Froggy is a political nutcase.
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Default Marching off a cliff

On 19/04/2011 10:10 AM, Harryk wrote:
paul@byc wrote:
On 4/19/2011 10:56 AM, Frogwatch wrote:
Here is where the USA is headed:
https://danieljmitchell.wordpress.co...ng-to-america/


Knowing this is happening, what do you do? They could tax the rich at
100% and not come close to paying the govt bills for even a year. The
"tax compliance industry" is bigger than the entire retail sector of
the US economy, that is, collecting taxes consumes more people than
all of Wal Mart, Target, Costco, etc combined. Can the beast be
reformed or should we kill it?


I don't know what your day job is, but I hope you are better at it than
economic prognostication.



Froggy is a political nutcase.


Not at all. Just another person realizing how pooched the system is by
the feabaggers.
--
I can assure you that the road to prosperity is not paved with
fleabagger debt.
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