tag:blogger.com,1999:blog-3360697570873499457.post8317932695457135630..comments2023-10-26T06:32:56.972-07:00Comments on Lost in America: You Ready To Pay $40,000 For That $25,000 Honda Accord?A Modest Scriblerhttp://www.blogger.com/profile/07698092153994590787noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3360697570873499457.post-16554276110008019192019-10-31T07:59:06.895-07:002019-10-31T07:59:06.895-07:00The only way I support that is if the 16th Amendme...The only way I support that is if the 16th Amendment is repealed. Otherwise, you get both an income tax and a VAT. Not gonna happen because the confiscatory nature of how the income tax is collected cannot be replicated by a VAT.TheRandyGuynoreply@blogger.comtag:blogger.com,1999:blog-3360697570873499457.post-58572272532261154662019-10-31T06:50:41.797-07:002019-10-31T06:50:41.797-07:00Randy, the Dems have never much cared for our Cons...Randy, the Dems have never much cared for our Constitution, except when it benefits them in some way. i do appreciate your legal points though. I would love it if those crooks in Washington and abandon the income tax, instead adopting a national sales tax that would sweep hundreds of billions now being hidden in the underground economy. OMB says half a trillion a year is not being taxed.A Modest Scriblerhttps://www.blogger.com/profile/07698092153994590787noreply@blogger.comtag:blogger.com,1999:blog-3360697570873499457.post-82924930588032707852019-10-30T17:27:50.186-07:002019-10-30T17:27:50.186-07:00You have not heard one Democrat Presidential candi...You have not heard one Democrat Presidential candidate mention the Constitution. Warren was a law professor. Yet, she spouts off repeatedly about her "wealth tax" proposal. What she isn't telling you is a wealth tax is unconstitutional. A wealth tax is a direct tax (one an individual cannot avoid, unlike a sales tax). Her idea is to selectively tax only certain citizens based upon their net worth. The Constitution is explicit upon how direct taxes must be levied. Art. 1, Sec. 2 requires direct taxes be apportioned among the states by population. Art. 1, Sec. 9 reiterates that requirement. There is NO grant of authority to tax based upon net worth or wealth. Remember, the federal government was prohibited from taxing income until the 16th Amendment was passed and ratified by the states. Unless lyin' Lizzie can pass another amendment to the Constitution, a wealth tax is a pipe dream.TheRandyGuynoreply@blogger.comtag:blogger.com,1999:blog-3360697570873499457.post-57458203700636434942019-10-30T08:02:53.205-07:002019-10-30T08:02:53.205-07:00I believe Liz is dead serious also. And if the De...I believe Liz is dead serious also. And if the Dems win both the House and Senate we will see a spending spree like never before in our history.A Modest Scriblerhttps://www.blogger.com/profile/07698092153994590787noreply@blogger.comtag:blogger.com,1999:blog-3360697570873499457.post-36724745865305034972019-10-30T07:21:14.158-07:002019-10-30T07:21:14.158-07:00ANTONE thinking these are "Good Ideas" s...ANTONE thinking these are "Good Ideas" should be examined immediately. I worked for a Company that was sold to a Danish Company so I had the opportunity to talk to a lot of Danes. At the time, their tax rate was 50%(it's now 55% and has been as high as 66%). I can tell you first hand, they HATED it and many took jobs here to get away from it.<br /> Personally, I think all these "wonderful ideas" are hogwash. Candidates for President are "prone to lie a LOT" although Bernie is scary. He actually believes this crap. The rest are pandering. This might just be the beginning of the end for this Country. The Liberals have been grooming Childrens thoughts in school for a long time. And it might finally pay off for them. We can only hope not, and that the "Trump Base" stays strong. This will be the most interesting election in my lifetime. There is so many things for the Republicans to run on, it wouldn't surprise me if the House turns back to the Right side of the aisle.Frank R. Krzesowiakhttps://www.blogger.com/profile/03132631971321564129noreply@blogger.com