The Return of the Inflation Tax

[TheMercenary]

Originally Posted by Redux

The same bullshit assumption in your article:There has NEVER been 10 straight years of a 4% annual inflation rate. No where close.
Nearly 90% of businesses in the country will not be subject to the "penalty" and the smallest businesses are exempt...the others will not be penalized, but in fact, will get tax credits, if they provide (and share the cost with employees) of basic coverage.

I guess you think if you repeat it, it makes it more credible.

You have provided no evidence that the numbers do not add up or that the facts are false about Inflation Tax. You don't have the credibility to say it is false. I agree that inflation has not been 4% for 10 straight years. The tax still exists.

Originally Posted by TheMercenary

You have provided no evidence that the numbers do not add up or that the facts are false about Inflation Tax. You don't have the credibility to say it is false. I agree that inflation has not been 4% for 10 straight years. The tax still exists.

Over 99% of taxpayers will not face the surcharge on income....it would initially only impact the top 1/2 of one percent of taxpayers....those making over $500K.

In ten years, based on assuming more reasonable inflation rates, it may hit a very small percentage of additional taxpayers...perhaps another 1/2 percent to maybe as high as an additional two percent of all taxpayers....with at least 98% of taxpayers remaining unaffected.

Does it bother me that in 10 years, the top 2% of taxpayers (those now making approx. $300K, but who would see their income rise in 10 years), rather than just the top 1/2 of one percent (those now making over $500K), may face a small surcharge on their income?

Not in the least. I would charge those fat cats now if I had my way.

[TheMercenary]

Originally Posted by Redux

Does it bother me that in 10 years, the top 2% of taxpayers (those now making approx. $300K, but who would see their income rise in 10 years), rather than just the top 1/2 of one percent (those now making over $500K), may face a small surcharge on their income?

Not in the least. I would charge those fat cats now if I had my way.

That is exactly why you represent wealth redistribution programs.

[Urbane Guerrilla]

Originally Posted by Redux

Does it bother me that in 10 years, the top 2% of taxpayers (those now making approx. $300K, but who would see their income rise in 10 years), rather than just the top 1/2 of one percent (those now making over $500K), may face a small surcharge on their income?

Not in the least. I would charge those fat cats now if I had my way.

A small theft is theft nonetheless, Redux, however disguised in righteous-sounding language. Now I begin to see the core of your mentality -- that is, the thing that keeps you a Democrat when men of sense (for instance, registered independent voters) are abandoning the Donkey Party right, left, center, top, and bottom. You're fighting a class-war. This is the hobgoblin of the small and resentful mind.

So of course, I do not do what you do; I make a point of not going around fighting a class-war. It's unworthy of me, and should be unworthy of you as well -- but for some damnfool reason I can't plumb, you don't really want me to regard you as intelligent. Thing is, I'd really rather I could think of you as a smart, with-it kind of guy. Not, IOW, as a moderately dilute socialist.