In response to:

An Overdue Book

GatoLuchador Wrote: Nov 28, 2012 11:15 AM
If the people want "fairness", then I propose a 1% alternative minimum tax on everyone -- no deductions or exemptions. So, the guy earning $18,000 has to pay $180 no matter what. That way, everyone has skin in the game. After all, isn't that "fair"?
Corbett_ Wrote: Nov 28, 2012 12:27 PM
Actually, we need a poll tax. Divide the amount spent by the number of people over 18. Everyone over 18 pays the same. Spending would come to a SCREECHING halt.
RodT Wrote: Nov 28, 2012 11:21 AM
That would put a big crimp in our dear leaders class warfare. His only policy that seems to work.

But this AMT you suggest should be increased proportionately to any tax increase, to provide everyone an incentive to vote.
Doug5049 Wrote: Nov 28, 2012 11:19 AM
No. It's still theft. As Ron Paul said, the correct income tax rate is zero.
Don664 Wrote: Nov 28, 2012 11:33 AM
The correct tax is that tax system which collects enough money to finance the legitimate duties of the government. No more. Those duties are found in the Constitution. How they are collected, and from whom is easy to answer. Either a flat tax or a sales tax. But not before the amount is written into the Constitution so it can't be raised at the whim of the Congress. There are many taxes, from sales taxes to tariffs. All of them could be reduced or eliminated if the government would stay within the confines of the Constitution. I know, I know. I'm preaching to the choir.
GatoLuchador Wrote: Nov 28, 2012 11:44 AM
I agree. But I'm calling Obama's bluff. Is he really about fairness or not? How is it fair to take more from the rich while half the country pays nothing? Isn't it everyone's "patriotic duty" to contribute during economic hardship. Throw the argument back at him and see the people and the mainstream media respond. It's time to make an irrational argument.
If everyone in America had read Stephen Moore's new book, "Who's The Fairest of Them All?", Barack Obama would have lost the election in a landslide.

The point here is not to say, "Where was Stephen Moore when we needed him?" A more apt question might be, "Where was the whole economics profession when we needed them?" Where were the media? For that matter, where were the Republicans?

Since "Who's The Fairest of Them All?" was published in October, there was little chance that it would affect this year's election. But this little gem of a book exposes,...