Politics The Marginalization of Ron Paul (or How Media Plays Favorites)

You havent answered either question. You simply keep repeating the same rhetoric and ignoring the facts.

If you support a flat tax, provide a specific proposal, hopefully not Cain's, and we can discuss it and see who wins and who loses.

 

Factual data? Come on man, it's was a white grid with a bunch colored pixels on it and without a single reference to an actual proven statistic.

 

And yet you've provided us with so many links, graphs, and facts that it makes my head spin

Oh right, you go by "actions", not "words"

Sounds like Ace saying he goes by his "gut"

 

Hey, if you want me to get on photoshop real quick and whip you up a graph, I will.

 

Nah, it doesn't fit his narrative, therefore it's made up numbers with no substance, worthy only of his ridicule.

 

http://www.ronpaul2012.com/the-issues/taxes/
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According to who? You?

 

I can read the Paul site but I want you to explain how Ron Paul's proposal of eliminating the federal income tax competently and not replacing it would work.

Eliminating nearly half of total federal revenue would barely leave enough to cover the cost of servicing the debt, basic defense , significant cuts (gutting) to Medicare and eliminate ALL other discretionary spending.

Or if you want to eliminate Medicare to make it marginally more revenue neutral, please explain how the elderly are expected to find affordable health care.

 

Mighty short on details. Our income tax will reach 0%? AWESOME!!!! How will he do that? Oh, umm, well....

 

So to what degree of leftness would the king of liberals be, in your estimation? You call him a socialist. If that were true, wouldn't that mean he was pretty far left?

I'm a liberal who believes that capitalism is a pretty darn good idea as long as it doesn't step out of line and start believing that it's greater than the society that permits it to operate.

Obama is not as liberal as I.

Where are you getting this stuff?

Oh, I see, Ron Paul's website. No taxes, no revenue, no government spending. Does that mean he'll step down when there's no Fed govt left to be President of?

 

Did you read the link?

 

I am well aware of Paul's tax policy and explained the results.

Iwould ask that you explain how eliminating all federal income tax w/o replacing it would not result in gutting Medicare and eliminating all other discretionary spending. It is voodoo economics.

 

I said some of his policies are socialist.
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By taxing consumer goods.

 

Please point to the specific policy of his calling for a national sales tax and what that tax rate would be. I dont see it anywhere on his position page.

I dont think you can find it, because he would only "consider" supporting a national sales tax, the rate of which would have to be in the 25% plus range to even approach the level of revenue needed to cover the basics as I outlined above, which is why he wont come out and support it more definitively.

 

Wasn't it Reagan who expanded the Earned Income Tax Credit ? I'm not sure - will have to look that up

 

I gotta go to bed. I'll see y'all tomorrow. I want you guys to do lots of research while I'm away so that I don't continue to make you all look so stupid.

 

So, sales tax would be the answer? Let's set aside how high a sales tax would need to be and look at how it impacts different groups.

Let's say the average family has a weekly food bill of $200 before tax. Let's say, for the purpose of argument, that the sales tax would need to be 50%. It doesn't matter what it will be, it's the principle we are looking at here.

So, the tax paid is $100.

Let's say I earn $500,000 a year. The tax on that weekly food bill will amount to just over 1% of my income

Let's say I earn $100,000 a year. The tax on that weekly food bill will amount to 5.2% of my income.

Let's say I earn $50,000 a year. The tax on that weekly food bill will amount to 10.4% of my income.

Let's say I earn $20,000 a year. That tax on that weekly food bill will amount to 26% of my income.

Does that seem fair to you? Can you see why the wealthiest might support it? How might it affect those living on a pension, or with no income for whatever reason.. long-term illness, students, etc.?

Regressive taxation is not an answer.