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1 posted on 03/27/2013 5:45:56 AM PDT by SeekAndFind
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To: SeekAndFind
Even a miniscule financial transaction tax would make computerized stock churning untenable.

That may be a good thing.

2 posted on 03/27/2013 6:24:55 AM PDT by who_would_fardels_bear
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To: SeekAndFind

Our Founding Fathers knew of only one way to raise revenue. TARIFFS

Yes..tariffs...on foreign goods

Of course....your average Liberal Free Trader Communist Globalist would squeal like a legitimately raped Sean Hannity at the inauguration of President Todd Akin if we reinstituted foreign tariffs.....but when we ran our government strictly on tariffs....we did not have income taxes, property taxes, death taxes, or the other extreme taxes we have today

Of course....this is why people like Barack Obama , Al Gore, the Clintons, George Soros, and many other liberals are big Free Traders....because all the ways you can remove wealth from people....which you cannot do with foreign goods tariffs


3 posted on 03/27/2013 1:10:43 PM PDT by SeminoleCounty (GOP = Greenlighting Obama's Programs)
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To: SeekAndFind
Refining Our 'Theory' of Taxation (Is this really the way the Founders wanted it?)

Um.....NO!

Can a power, granted for one purpose, be transferred to another? If it can, where is the limitation in the constitution? Are not commerce and manufactures as distinct, as commerce and agriculture? If they are, how can a power to regulate one arise from a power to regulate the other? It is true, that commerce and manufactures are, or may be, intimately connected with each other. A regulation of one may injuriously or beneficially affect the other. But that is not the point in controversy. It is, whether congress has a right to regulate that, which is not committed to it, under a power, which is committed to it, simply because there is, or may be an intimate connexion between the powers. If this were admitted, the enumeration of the powers of congress would be wholly unnecessary and nugatory. Agriculture, colonies, capital, machinery, the wages of labour, the profits of stock, the rents of land, the punctual performance of contracts, and the diffusion of knowledge would all be within the scope of the power; for all of them bear an intimate relation to commerce. The result would be, that the powers of congress would embrace the widest extent of legislative functions, to the utter demolition of all constitutional boundaries between the state and national governments.
Joseph Story, Commentaries on the Constitution

4 posted on 03/27/2013 1:20:41 PM PDT by MamaTexan (Please do not mistake my devotion to fairness as permission to be used as a doormat)
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