Wednesday, April 16, 2014

Thought for the Day (Post Tax Day Thoughts)

Government's view of the economy could 
be summed up in a few short phrases:
If it moves, tax it. If it keeps moving, regulate it. 
And if it stops moving, subsidize it.

“………consumption comes from three 
sources: income, savings, and
 borrowings. Stating the obvious,
 income comes only from income. 
Our point? FairTax opponents
will tell you that the consumption base, 
the base for national sales tax, 
isn’t stable and can’t be trusted—
but in reality it’s the 
income tax base that’s unstable
and can’t be trusted. 
The consumption base is much more predictable.” 

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