If every dollar I earned was a whole dollar - not net, if I only paid for the product, not and the tax and the interest on the credit card I get slow about paying -- my economic situation would be so much better. Or, so I thought as I rode my motorcycle to work. Just take away taxing everything and it would mean I get to spend and invest more of my work in caring for me and those I love.
The first comment is without taxes the government can't exist and take care of the stuff it does -- which isn't exactly true but almost. I see a government that could make, print, create more dollars depending on the economy - when it expands and contracts. Just a thought.
And about the banks charging interest on consumer spending, smarter consumers and they will die on the vine - the cards are convenient, but the interest rate is terrible and for consumption just not the way to pay on time - you are paying for that Big Mack and fries long after they gone from your system...
Aren't you glad I am not helping the Treasury Department fix the current Crisis - I have already declared it a raid on the pockets of working Americans, by those that want theirs NOW.
1 comment:
Good points Earl!
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