Actually, it doesn't. Cutting taxes means more economic growth, which means an expanded tax base, which translates to more tax revenue. I've already given examples earlier, but I could give additional examples if you'd like.Originally Posted by Xander
This is largely a myth as well. 95% of the wealth that's passed down is lost by the 3rd generation.Originally Posted by Xander
The fairest tax would be a consumption tax; I'm ok with that as well if it means eliminating the income tax.I do think the jump points are a little vicious. If you only marginally cross over you don't tend to see much in return. Mind you its often only a short stopping point for many so what's the end cost?
Pretty much all legal costs are great in the USA. 'Loser pays' legislation would discourage "ambulance chasing" or frivolous/ shakedown lawsuits.Originally Posted by Xander
The NHS is terrible, as is every government run healthcare system. If you eliminate the 3rd party, you force hospitals and doctors to respond directly to the customer ---the patient. Currently, there is little interest in serving the patient because the patient is not the customer. This is why we hear stories of people dying of thirst and ignored for days while waiting for care in the UK.You mean the pretty much world renowned NHS does nothing for you? I hope you don't get sick when you're abroad.
Empirical evidence. Each idea is backed up by dozens of examples of success, plus it's just common sense.You must be amazingly sure of your own worth to support such ideas. Rich family maybe? Perhaps an accountant?