We could then completely eliminate ALL taxes. /s
He would still have to tax the rich. Taxes are for punishment and social control, not for revenue. < /no longer sarcasm in this insane government>
posted on 01/12/2013 7:33:23 PM PST
(Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
He would still have to tax the rich.
Hyper-inflation, which would be the ultimate result of this, is a tax, if by a different name. Money printing transfers wealth from savers to government expenditure.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson