Enough with the big-government central planning of our lives. Stop using the tax code for social engineering.https://twitter.com/reason/status/1021477559383420928 …
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1. I appreciate your reply, Mr. Amash. But I am perplexed that you would make the perfect the enemy of the good. Ultimately, everyone would get a huge (100%?) tax cut....
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2. But in the meantime you are arguing that it is better for that money to remain in the government coffers than to be returned to its rightful owner? You'd rather the government keep that money to waste on some crony project than the gym member to spend in the free market?
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3. There is no scenario where the gym member voting with his own (tax refunded) money in the free market is worse than the government keeping the money (and the power over us that goes with it). The gym member buying a new suit is not better than the govt buying a junk F-35?
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We should oppose both the targeted tax break and the crony project. To allow the government to provide special tax treatment for social engineering is to encourage and empower the government to raise everyone’s taxes so it has the room to provide that special treatment.
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I concur!! Targeted tax cuts are the government’s way of manipulating the market. Broad-based tax cuts (with a balanced budget) are much better. No government interference in the market!!
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Completely understand both your deeper points; hard to make them on Twitter. This is one example where I’d hate to be a politician. I’m sure we can all agree: just
#Repeal16A and#AbolishTheIRS -
I have much respect for the Rep.
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Please run for President sir.
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Ok, I am kind of stuck with this one. How is this a broken window fallacy?
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Unlike the massive corporatate give aways w/transfer of wealth on the future generations US tax “credit card” your party recently passed under the label “tax reform”? Why do we pay Exxon citizens tax to be one of the most profitable MULTI NATIONAL companies in history?
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>The opportunity cost is a broad-based tax cut that was forgone. You are mixing up concepts. If someone has to repair a broken window, he or she MUST miss out on other opportunities. But gov can give both specific AND broad-based tax cuts.
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But if the state is handing us back money it expropriated from us, who cares if it's targeted? It's still returning me money that was mine. How is it guaranteed that a targeted cut means other cuts, broadbased or otherwise, won't come in the future? Nothing is guaranteed.
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Targeted tax cuts are a way for governments to interfere in the market thus picking winners (the industry getting the tax cut) & the losers (the industry not getting the tax cut)
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I get that, but they already interfered in the market when they took our money. Give it back to us so we can pick winners and losers in the market. If a thief is going to give us back some of our money who cares what the reason is?
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