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Old 12-01-2006, 01:01 PM   #12 (permalink)
Doku
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Join Date: Nov 2006
Location: Central MD
Posts: 382
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Estate tax: Personally, I think that there should be zero estate tax. Reason? I earned the money. I paid the taxes on it. Why should my child have to pay taxes on it as well?

Minimum Wage: Evil. It creates an artificially stupid society. Society improves itsself by everyone trying to make their own situation better. That's what creates innovation/invention/... Let's take an example. If you HATED learning anything new, and the only job you could find with your skills paid $1 per hour, you'd learn a new damn skill and get another job. If, however, minimum wage was high enough that you could survive well enough doing that job, you'd never learn a new skill, never innovate, etc. thus creating a more stupid/complaicent society.

Tax rates: I'm all for a flat tax in the form of sales tax. That way, all share the pain. Example: you can afford, and want a $1k used car, and the tax is 10%, you pay $100 in taxes. On the other hand, if I want a $1M car, I would pay $100k in taxes. And the cool part is that the system for the collection of that tax is already in place. Another benefit of this is that most all Americans have a big problem with saving money... If they only pay taxes when they spend the money, then they will realize that the way to make money and avoid taxes is to save money.
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