Making people and ideas findable
Can we break the cycle of tax insanity?
- Constant redevelopment creates jobs and lower and middle class income tax (the only kind that is really paid) for the federal and state government and increases the property tax base for local and state government.
- High fuel prices result in increased income for states from gas taxes. Lower gas prices and highways, bridges and so on can't be maintained.
- Sales of expensive new items like cars create more sales tax for the State and create scads of jobs that create income tax.
- Disposable products that don't last generate more income in the form of property taxes and jobs making, distributing and selling them
- Undeveloped land does not produce as much property tax as developed land does.
- Farms produce less taxes than factories and office buildings.
- Trees don't pay taxes. People who own property with just trees pay less in tax than land with lots of stick built McMansions.
- Oh, and turning over houses and other large appreciating assets generates capital gains - capital gains isn't paid until someone converts an investment into cash.
- Wealth isn't created (and taxed at death) without cheap property to develop into expensive property
- Utilites like electricity are heavily taxed. If you use more, the government gets paid more.
- Consumer debt generates growth in asset value for banks, income and jobs
- Try to be healthy and without vice? stop drinking gambling and smoking? Thanks, you just cut the government's revenues.
So, it's kind of crazy. In many ways, in our quest to use taxes to encourage economic growth and to force certain behaviors has created the worst situation of all: a government that is financed by waste, destroying the environment and abusing the people's health. Maybe it's time to look at limiting where the governement can collect taxes.
Add a Comment
-
Comment by Tino Marquez Jr. on June 10, 2009 at 11:12pm
-
Try to be healthy and without vice? stop drinking gambling and smoking? Thanks, you just cut the government's revenues.
I've always found this to be a bit of an odd game plan for those we elect to initiate. Lets pay for this gov. program by raising the tax on cigarettes, and lets BAN smoking every where we can. What?? If anything our elected officials should be encouraging everyone to smoke and even have cigarette machines in the cafeterias of schools to fund all their initiatives. Yes, this is sarcasm.
My favorite thing is the logic in closing anything to save money. If we close these plants and dealerships down, we will save this much money…not to mention the ripple effect of those towns suffering from the closure of said plants or dealerships. So the money you saved theoretically is now being pumped back into the town or community in the form of welfare or some other assistance. Beautiful.
I think Gary nailed it though, only a revolution, collapse or a huge asteroid is going to end all this. In the mean time, to see how America is going to end up, rent the movie Idiocracy.
-
Comment by Chris Flener on June 10, 2009 at 1:44pm -
Gary, that's what I said, lol. The government is spending to much. They spend first, and tax later. If we stop the spending (as I said), you don't have to tax later.
Your explanation was more detailed though...very nice!
-
Comment by Chris Flener on June 9, 2009 at 10:07pm
-
Yes, we can easily break the cycle...stop spending so much money!!!
If the government spends less, they need less tax money...and therefore, the impact of having less tax revenue is no longer an issue!
Groups
-
Smaller Food Indiana
357 members
-
Greater Indy Innovatio...
19 members
-
Indianapolis CoWorking
42 members
-
REFERRALS, REFERRALS, ...
348 members
-
Writers Group
328 members
Forum
When is the last time you changed your mind about something really important? 4 Replies
Started by Pat Coyle in Questions and Answers. Last reply by Chris Tomlinson 6 hours ago.
Do you have a story about R L Stevens? 1 Reply
Started by Amy Stark in Classifieds - Help Wanted. Last reply by Amy Stark 6 hours ago.
Copenhagen Climate Conference Doesn't Matter 3 Replies
Started by Steve Stuck in Green Issues & Environment. Last reply by Marita Topmiller 10 hours ago.
The New Email? Google Wave 12 Replies
Started by Kyle Lacy in 2.0 thinking (on marketing, branding, experience, etc). Last reply by Chris Tomlinson 10 hours ago.
Sally Brown asks, "Where in the World Are You?" 2 Replies
Started by Pat Coyle in Events for the creative class. Last reply by Ben McCann 1 day ago.
Are you buying soft power? 13 Replies
Started by Pat Coyle in Politics. Last reply by Marita Topmiller 1 day ago.
Is "real time" killing real news? 17 Replies
Started by Pat Coyle in Media: mass and social. Last reply by Steve Stuck 1 day ago.
Networking
Started by Darlene Freeman in Non Profit: events, news, ideas Dec 4.
Hidden Paycheck Revealed 3 Replies
Started by Ann Clifford in Business. Last reply by Chris Theisen Dec 4.
Hidden Paycheck Revealed 4 Replies
Started by Drew Smith in Business. Last reply by Chris Theisen Dec 4.
About
Help
1. Please use your real name (first and last) when you sign up, or we cannot open your account
2. Please do not use logos or commercial images for your profile photo
3. Events should be posted in the events calendar
4. You can post pretty much anything you want on your own personal page (self promotion, etc), and you can change the style of your personal profile page to reflect your corporate identification if you so choose.
5. Please keep all comments civil and polite. It's OK to feel strongly about a subject, and it's OK to be critical of ideas, but please refrain from personal attacks of any kind.
If you witness or experience any issues, please contact admin@smallerindiana.com and we will look into the matter.
6. Smaller Indiana is supported by its members, and by corporate sponsors. If you're interested in learning more about sponsorship, please call Pat Coyle at 317 332 7878.
© 2009 Created by Pat Coyle
You need to be a member of Smaller Indiana to add comments!
Join this Ning Network