Ron Paul on Taxes

Ron Paul discusses the Income Tax and the Fair Tax "national sales tax" Part five of a Ron Paul Series

• Category

  News & Politics

[toberses11]

i rli like Ron Paul. He's so incredibly genuine and i normally hate that about ppl but he backs it up with facts and logic and reasoning that his genuiness is a good thing.

He is revolutionary not just his ideas, and a good revolution it would be to

[Tim Fulton]

Ron Paul 2012!  END THE FED!!!

[extradutyfelt1]

Ron Paul is an extremely honest, decent, truth full, caring, sincere human being and politician, that is more than enough reason to trust him and vote for him.

[greycloud24]

in order of tax from most fair to least fair, the kind that has a reduced burden only on those who are already wealthy is the least fair. the capital needed for those businesses should be born out of hard work, not investment by already wealthy people trying to become even more wealthy.

it would be like dividing out a pizza among 4 children and giving 2/3 of the pizza to one child and dividing the other third among the other 3.

[bobdole57]

On the order of taxation types from worst to least bad, taxes on investment are the worst type.

Investment provides capital. To run a business you need capital. Taxing investment is taxing the fundamental SOURCE of economic growth.

It would be like taxing you for making a deposit in a savings account because you didn't spend it on some pre-torn, pre-faded designer jeans at the local mall that were made in the Philippines and you're only going to wear once before you throw them out.

[bobdole57]

The government can't create jobs. All the money the government spends comes out of the private sector. Any job in the federal government, statistically means more than 1 less job in the private sector. (More than 1 less because the public sector has an incredible ability to waste massive amounts of money while doing nothing).

The net effect, averaged out, if that the more Government "jobs" you have, the fewer TOTAL jobs there are.

[Troforso]

yes indeed the gov can create jobs. yes the free marked also creates jobs, but it will be limmited in the future and we are seing this right now. The use off manpower in many jobsectors are going down, do to use off uatomated machines.

I see no other way than taxing she shit out of theese billioners.

[jazzman77790]

the gov doesn't create jobs. The free market does.

[Troforso]

how can zero taxes work now and in the future?? i mean, in fabrication etc, the work aint being done by people but with machines. If there is no goverment jobs, where are people gone work??

[sickasso72]

ABOLISH THE IRS!!!

[greycloud24]

right, but whenever you see someone offer a "fair tax" they always seem to forget to tax all those investments. purchasing a stock or bond is much like purchasing a collectible item. you buy it in hopes that you can sell it later for a better price. so its not a "fair tax" unless it also taxes all of those stocks and bonds and other investment options. those are items as well and also need to be taxed in order for it to be fair.

[kcountry Littlepage]

It would affect the rich and the poor.because the more something cost the higher the tax would be on that product.So we could decide ourselves how much tax we want to pay,by weather we bought name brand or generic.I like the idea of a fair tax.It would even the odds