Europe Dumps Old Money Before Ringing In the New
Mon, 31 Dec 2001 10:42:08 -0800
> From: Adam L. Beberg [mailto:firstname.lastname@example.org]
> On Sun, 30 Dec 2001, John Hall wrote:
> > By all means get rid of corporate welfare. Start with Ethanol
> > subsidies, milk price fixing, sugar subsidies, peanut quotas ...
> I used to agree with that, but then realized it's the last
> thing between us and a huge corprate farm monopoly growing a
> continent full of monogenetic crops.
The primary beneficaires of farm price supports are the corporate
farmers. The people who pay are the poor and (especially in Florida)
> And the only fair thing is a flat tax, no deductions. Of
> course then you end up with cheating on the scale Europe
> apparently has, so either way people can get around it.
Most flat tax proposals I've seen would be exceptionally hard to evade
beyond cash-only small scale transactions.
When the bank and corporation deduct your tax off the top before
crediting interest, dividends, or pay it gets hard to duck.