I know this is just a proposal, but could you imagine what would happen to Grover Norquist's head if this was proposed in the US?

http://www.cnbc.com/id/39265847

This can't be real -- can it?

(09-20-2010 03:10 PM)georgewebb Wrote:  This can't be real -- can it?

Of course it can.

Remember, though, that they have a whole different concept. Divine right of kings is conceptually 180 degrees out from "We hold these truths to be self-evident..."

(09-20-2010 03:12 PM)Owl 69/70/75 Wrote:  

(09-20-2010 03:10 PM)georgewebb Wrote:  This can't be real -- can it?

Of course it can.

Remember, though, that they have a whole different concept. Divine right of kings is conceptually 180 degrees out from "We hold these truths to be self-evident..."

I didn't vote for him!

Really though, how is what they are proposing any different from our current withholding tax? Effectively, our income is already nationalized.

Perhaps most depressing is that Milton Friedman, who was then a Treasury Dept. grunt, came up with the idea as a temporary wartime measure to fund WWII.

(09-20-2010 06:09 PM)Sleepy Owl Wrote:  Really though, how is what they are proposing any different from our current withholding tax? Effectively, our income is already nationalized.

Perhaps most depressing is that Milton Friedman, who was then a Treasury Dept. grunt, came up with the idea as a temporary wartime measure to fund WWII.

The govt. needed a steady supply of income. But supposedly, there was a psychological aspect to it, also. People wouldn't notice the tax as much if it was already withheld, as opposed to having to write one large check every year.

So true. Imagine the outrage if people had to write a check to pay their taxes once per month/quarter.