[lbo-talk] cruise report

Shane Mage shmage at pipeline.com
Wed Aug 1 09:54:54 PDT 2007


Doug wrote:
>
>> Why does nobody mention Gravel?
>
>He supports a consumption tax.
>
But what's wrong with that? A Value-Added tax, with an advance rebate (for which Americans would be quick to invent the barbarous neologism "prebate") equivalent to the tax on consumption of the requisites for a basic level of health and comfort, would be the most progressive tax possible--not least because it would be largely evasion-proof. It would also have a profound political effect by exerting continuous upward pressure on the level of consumption that Americans would define as the minimum acceptable level of health and comfort for everyone.

Of course advocating sensible policies is a death-trap for US politicians. Who remembers Milton Schaap and his call for Federal budgeting to recognize the kindergarten-level concept of different Capital and Expense budgets?

Shane Mage

"This cosmos did none of gods or men make, but it always was and is and shall be: an everlasting fire, kindling in measures and going out in measures."

Herakleitos of Ephesos, fr. 30



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