Only problem is that the govt is so much bigger today that tariffs alone could never fund the current govt. Yes, the Federal Government is way too big now, but even if we managed to cut it by 50% (lol), we still couldn't use tariffs alone.
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Replying to @HbdNrx @MarcherValiant and
Here's what I would support in a tax system (pick some combination thereof): 1. Land value tax (look it up) 2. Fair tax 3. Estate tax (on estates over say $10M) 4. Wealth tax (on very high (over ~$200 million?) individual wealth only) Not sure what to do about corp tax yet.
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Unless government spending were very low, printing wouldn't be sufficient to fund the government without runaway inflation. Some of the others I mentioned will be necessary if spending levels are kept up, and it's probably even harder to lower spending than change taxing.
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not actually worth much
1:24 PM - 15 Aug 2018
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