Budget live

stewil18

sunshinetours wrote: »

No insult intended - but read back and your points just make no real sense in most of the case

I never have and never would say that we or any other large/wealthy economies have an optimal system in place, nor would i be so blinkered to suggest that there is not other ways of doing things. The one thing i would say , and you brought this up not me, is that a flat rate income tax based taxation system simply is so flawed in so many ways, that its wrong on all levels

Debt is not bad per se - too much debt or too much bad debt can be/is bad however. Poor fiscal planning on behalf of governments and poor worldwide economic conditions can and do combine to affect all and sundry

I'll leave this one now I think

Thanks for leaving it, but i'll respond anyway.

I bought up the flat rate system as an afterthought and it was jumped on like i was the first person to think of the idea and had all the answers to every scenario.

And the fact that the flat rate system has been used successfully in other parts of the world would suggest that it isn't flawed on so many levels.

I would genuinely like to know if economists/government/whoever have looked into other forms of income taxation to see if there are viable alternatives to the current system

sunshinetours

stewil18 wrote: »

Thanks for leaving it, but i'll respond anyway.

I bought up the flat rate system as an afterthought and it was jumped on like i was the first person to think of the idea and had all the answers to every scenario.

And the fact that the flat rate system has been used successfully in other parts of the world would suggest that it isn't flawed on so many levels.

I would genuinely like to know if economists/government/whoever have looked into other forms of income taxation to see if there are viable alternatives to the current system

http://en.wikipedia.org/wiki/Flat_tax