[MD] Are we the people stupid?
Arlo Bensinger
ajb102 at psu.edu
Mon Apr 24 13:22:08 PDT 2006
Hi DM,
Go with a 100% consumption tax. Higher rates for luxury items, lower rates
for necessities. Low rates for your first car/home, higher rates for
subsequent or luxury cars/homes, zero tax on cars/homes in the lowest 5% of
the average local market. High rates for dining out, low rates for
unprepared produce, zero for produce that's grown/raised within a 50 mile
radius of the store.
Interest rates on loans can be lowered by agreeing to do public service.
For example, a loan offered at 5.5% could be brought down to 4% by someone
willing to spend 10 hours a week helping kids learn how to read, or
delivering meals on wheels, or assisting in eldercare. Those willing to do
public work, then, would pay less. This runs counter to the current system
that makes poorer people pay more for the same loan.
Eliminate bankruptcy, private and business.
Just a few thoughts...
Well, these and a free bottle of vodka every week for my Marxist comrades!
Arlo
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