Message from @mattforney

Discord ID: 555122875426799639


2019-03-12 19:50:17 UTC  

@phinami Trump's tried to do that, but by favoring national companies at the expense of global companies.

2019-03-12 19:50:33 UTC  

I like getting rid of income taxes and going to sales type taxes. A VAT isn't my first choice but can live with it. Even better the CiC style vat

2019-03-12 19:51:01 UTC  

or hell, changing the income tax to a flat tax would be an acceptable compromise

2019-03-12 19:51:16 UTC  

Hungary has a 15 percent flat tax and it boosted the economy big time

2019-03-12 19:51:19 UTC  

Agree CiC, now we need more of that type of thing

2019-03-12 19:51:19 UTC  

Just be careful about my type of vat. You don't want to make a bunch of Jokers.

2019-03-12 19:52:48 UTC  

I'd favor tariffs over taxes. Replace import quotas with tarriffs and use the additional income to lower personal income taxes.

2019-03-12 19:54:20 UTC  

Agree CiC but I'm being pragmatic and am ok with a mixture of things if we can get rid of income taxes. Income taxes unfairly target what is left of the middle class

2019-03-12 19:55:23 UTC  

And cut aid and foreign military adventures. A lot of countries would be fine with us cutting aid as long as it meant we got out of their hair at the same time.

2019-03-12 19:55:42 UTC  

Only working and middle really have income. The top brackets make their money on their ownership/stock/options

2019-03-12 19:56:08 UTC  

May I ask what a VAT is?

2019-03-12 19:56:18 UTC  

Value-Added Tax

2019-03-12 19:56:30 UTC  

@phinami Florida does that. A modest corporate income tax, moderate sales taxes, and no personal income taxes.

2019-03-12 19:57:19 UTC  

@ian, it is like a sales tax but takes place all through the supply chain, not just at retail

2019-03-12 19:57:40 UTC  

^ What @phinami said.

2019-03-12 20:15:43 UTC  

I'm not an economist, but wouldn't raising taxes on companies just cause them to jack up their prices to equalize it out

2019-03-12 20:16:40 UTC  

corporations were taxed heavily during the New Deal era yet prices didn't mysteriously explode

2019-03-12 20:18:01 UTC  

I agree that is likely what happens Immune to Coochie, which is why I favor the sales tax, but because of that, they are essentially the same thing. Probably easier to sell VAT as it is 'going after the corporations'

2019-03-12 20:19:12 UTC  

Matt I think there are other factors to pricing in the depression. The Youtuber Academic Agent made some vids on that recently

2019-03-12 20:19:49 UTC  

I'm not talking about just the Depression but the New Deal Coalition era in general: 1932 to 1980

2019-03-12 20:20:07 UTC  

prices didn't inflate in the 1940's or 1950's in response to high corporate taxation

2019-03-12 20:20:45 UTC  

I don't think VATs lead to inflation

2019-03-12 20:21:03 UTC  

given that most of the big companies are multinationals now with their corporate HQs in other countries (Apple is based in Ireland, for example), there are a myriad of ways they could be dealt with

2019-03-12 20:21:06 UTC  

Inflation is more a monetary phenomenon

2019-03-12 20:22:11 UTC  

there's also a social element to these kinds of arguments

2019-03-12 20:22:15 UTC  

Again though, I don't really have a big problem with VAT

2019-03-12 20:22:38 UTC  

corporations that jack up their prices in response to increased taxation could be labeled "unpatriotic" and be boycotted

2019-03-12 20:23:25 UTC  

corporations are birthed by the government and can be punished or killed by that same government

2019-03-12 20:24:56 UTC  

shaming corporations and businessmen into serving the nation was big in the 1930's and 1940's: "price gouging" and the like were powerful accusations

2019-03-12 20:25:04 UTC  

I don't see companies as evil and don't want the US to turn into like doing business in Europe which is a pain in the ass, and in general then favors big companies

2019-03-12 20:25:34 UTC  

I don't see them as inherently evil but they should be reminded who butters their bread

2019-03-12 20:26:07 UTC  

I'd personally go a step further and abolish corporate personhood

2019-03-12 20:26:13 UTC  

which is one of the most retarded things ever

2019-03-12 20:38:46 UTC  

one thing for sure is they really deserve to get stuck with high taxes

2019-03-12 20:38:54 UTC  

all they do is abuse workers and push globohomo shit

2019-03-12 20:39:21 UTC  

another bullshit ad from gilette and "the taxes just got 10% higher" motherfuckers

2019-03-12 20:39:55 UTC  

that inventory robot video on twitter i saw earlier is scary

2019-03-12 20:39:57 UTC  

walmart

2019-03-12 20:42:37 UTC  

opened the browser this morning at work and had a giant fat "women in the workplace" on the homepage of our intranet

2019-03-12 20:43:03 UTC  

2019-03-12 20:44:02 UTC  

also high taxes on luxury items like expensive cars and stupid fashion shit women buy