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posted ago by mikethemarine ago by mikethemarine +1620 / -0

The President just said if he is re-elected, the first thing he is going to do is eliminate the federal employment payroll tax. The way that can be done is have corporate taxes and a flat 2-3% sales tax and that gives us the choice if we want to pay any federal taxes.that's great cause the money we save from not paying fed. tax would save us 8-15% even paying the 2-3% that's for people making less than 100K this well also stop the blue states from steeling our money for their communist ways for their states. EDIT everyone needs too know the president never said he was going to start a new user tax, that was my assumption to make up the revenue

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Statetheism_Sucks 2 points ago +2 / -0

Why do we need taxes? Can't they just keep counterfeiting the currency?

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james43552352345 1 point ago +1 / -0

In theory, yes, but that's assuming people keep trusting it. If you print too much of it too quickly then people lose faith in it and will switch to something else. Inflation will be high. The USD holds a lot of value because alot of people use it and alot of people save in USD as well.

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mikethemarine [S] 1 point ago +1 / -0

LOL