Since it's that time of year, and I know how much you all love politics, I thought i'd go over the United States tax-code.
Do you think it would be a good idea to reduce federal income-tax rates by 1, 2, and 3 % for lower, middle, and upper brackets respectively, while also adding a new federal sales tax which would run at 1, 2, and 3 % respectively along the same margins? You might think, how could we create a bracketed sales-tax? To skip straight to the point: the answer is simple - computers and the internet. We all have identification cards. If you simply run your card through the machine, it tells it which bracket you are in and auto-calculates your sales-tax %.
The fact is, sales-tax is typically a preferable taxation format. The downside has historically been the inability to differentiate between income-levels, and therefore, it always had a strong tendency to favor the wealthy. With modern technology, that problem is solved, and an effective sales-tax could easily be implemented.
Also, I wanted to congratulate the Mayans, and everyone who misinterpreted their calculations. Good job.
Do you think it would be a good idea to reduce federal income-tax rates by 1, 2, and 3 % for lower, middle, and upper brackets respectively, while also adding a new federal sales tax which would run at 1, 2, and 3 % respectively along the same margins? You might think, how could we create a bracketed sales-tax? To skip straight to the point: the answer is simple - computers and the internet. We all have identification cards. If you simply run your card through the machine, it tells it which bracket you are in and auto-calculates your sales-tax %.
The fact is, sales-tax is typically a preferable taxation format. The downside has historically been the inability to differentiate between income-levels, and therefore, it always had a strong tendency to favor the wealthy. With modern technology, that problem is solved, and an effective sales-tax could easily be implemented.
Also, I wanted to congratulate the Mayans, and everyone who misinterpreted their calculations. Good job.
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