Phil, on 16 March 2013 - 08:33 AM, said:
We do need to scrap crony capitalism and get back to free market capitalism. No more capitalizing gains and socializing losses, no more central planning picking winners and losers, no more too big to fail. Government's job is to prevent monopolies, set the rules, make sure everyone obeys them, then get the hell out of the way. One of the biggest arguments for a flat tax is to get rid of all the special breaks various industries have managed to get included in tax law over the years.
We are certainly in agreement here. Usually when I hear free market, it's without the qualifier of preventing monopolies and setting rules. I agree with your definition because it fosters true competition and sustainable growth of markets.
Phil, on 16 March 2013 - 08:33 AM, said:
That being said, anything you slap on corporations just gets passed on to it's customers resulting in higher prices. That hits the poor the worst. If anything we need to lower corporate taxes to compete on the world stage.
I understand that corporations pass costs on to customers, that is not new, and it is not necessarily bad. I also understand that there are countries out there that will lower their corporate taxes to zero, just to lure corporations in. In the end though, the lowballing countries do not help their people. They help the wealthy, but they do not raise the standard of living for the rest of their country. Also, on the business side, lowballers rarely if ever provide quality. They are the WallyWorld's, or Dollar General's of products and services. US businesses are far too busy racing China and India to the bottom instead of letting them race each other to the bottom and themselves competing with the quality producers through innovation, education and the mass production of highly educated and highly skilled people.
Phil, on 16 March 2013 - 08:33 AM, said:
China may have no other choice, but a better idea is just to set pollution limits and lower them over time as we've done. Here we rejected the carbon tax and have instead increased controls on emissions and increased fleet mileage. That does not allow corporations to just continue to pollute and pass costs on to consumers as a carbon tax would. Our method is working as we have been lowering our carbon footprint for years.
China has painted themselves into a corner, but that does not mean that what we're doing is acceptable. Rejecting the carbon tax was just giving into the those businesses racing to the bottom with their golden parachutes. Giving into businesses just because they demand it is not a brave solution, but a cowardly excuse. And as we have found, our government is full of cowards looking for excuses.
Phil, on 16 March 2013 - 08:33 AM, said:
We'll have to agree to disagree because cheap energy favors the poor the most since it keeps costs down which keeps the economy healthy. That has allowed us to clean the environment because a humming economy brings in the tax revenue to support a cleaner environment. It also creates jobs which gets more people out of poverty.
Cheap energy favors the cheap energy industry that sucks billions in corporate welfare out of taxpayer's wallets. If cheap energy is destructive to the environment (which hits the poor the hardest), then it is not doing them any favors. Those billions of tax dollars that are going into cheap energy's offshore accounts would be much more productive as incentives to new technology and as energy vouchers (did a progressive just suggest a voucher system?) for the poor to use to pay temporarily higher energy costs.
Phil, on 16 March 2013 - 08:33 AM, said:
Again, our country has been doing it right. By far our biggest health concern is not the environment, it is obesity. Nothing else even comes close.
Obesity is costing our country far too much, but it isn't even close to being our top concern.