Thursday, February 23, 2017


A reasonable person recognizes every tax of anyone is a tax everyone's consumption, salaries, and earnings from investment.  There are no taxes without costs to consumers, employees, and their retirement plans.

If you have a retirement system, you have earnings on investment. If you have a salary, taxes on employers is a tax on your salary.

If you consume foreign goods, then a border tax is a tax on your consumption  Whether it is of the individual or second-hand through border taxes or corporate taxes, consumers pay.

A reasonable person understands we can only afford a certain level of government and cannot afford  to do without one.

At 15% of GDP for government, we prosper. At 20% we cannot generate revenues enough to pay for government.  Corporations are a legal fiction for collecting taxes from investors, employees, and consumers. Raising taxes from corporations raises taxes for all in reality

We need tax reform to recognize these factors.  Certainly, we need to revenues all can afford. Individuals and corporations should have equal taxes for those who can afford it.

If individual incomes above the poverty level and corporations paid a 20% of their net with tax credits for employing US citizen, it can be argued to be equal; if not fair.

If corporations received a flat tax of 20%, but tax credits for US citizen employees of $10,000 for US citizens and $10,000 health care for them could compete. If we want to create and keep jobs, the cost of labor must be reduced.

When citizens are employed, we have more revenue and less demand on social services. This is why the tax cuts need to come before a health care replacement.

Taxes not considering employer provision of insurance which amounts to 15% of our GDP is a mistake. What you cannot measure you cannot manage.

 If a corporation or individual does not benefit by their production because of government, then they should not pay for it. So those at poverty level should pay NO taxes.

A border tax raises some consumer costs and any tax not controlled grows. A border tax should be based on the percentage of GDP government consumes.

 If the government consumes 20% of the GDP rather than 15%, then the border tax should be 100% of what is over 15% of GDP or 5% border tax.  If the government spends 15% of the GDP, then NO border tax would be assessed.