May 28, 2015
https://www.facebook.com/mehtarahulc/posts/10152807049406922
Excise vs Wealth tax ; Regressive vs Progressive vs Flat tax-laws ; Jefferson vs Hamiliton . Washinton ; whiskey rebellion.
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Thomas Jefferson supported wealth tax , and a progressive wealth tax . He said ""Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise." --Thomas Jefferson to J. Madison, 1785. " (seehttp://eyler.freeservers.com/JeffPers/jefpco28.htm ).
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So Jefferson supports progressive tax, which I oppose . I support flat tax. But at leastm Jefferson didnt support regressive taxes.
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Thomas Jefferson also opposed excise tax in general. Hamilton had imposed a whiskey excise tax a few years back. The tax was regressive. Also whiskey manufacturer had option of paying flat tax or pay tax per gallon. So if manufacturer was making large amount of whiskey, then per gallon tax will be LESSER !!! The tax met armed resistance from many small whiskey manufacturer a,d the tax collectors could NOT collect taxes in more than half the then USA. Jefferson openly opposed this tax , and he didnt legitimized the armed rebellion, but he blamed hamilton for the Whiskey Rebellion (see http://en.wikipedia.org/wiki/Whiskey_Rebellion ).
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Washington supported regressive taxes and so was about to expel Jefferson from his administration (Jefferson was Secretary of State back then). and so Jefferson himself resigned. The relation became so bitter that later Jefferson refused to attend funeral of Washington !!!
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In the third election, Jefferson promised repeal of Whiskey Excise Tax . He won Presedential Elections and his Party also won majority in US Parliament aka Congress . Excise collection stopped from the day he became President. And within weeks. the whiskey excise was officially removed.
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Suffices to say --- the clash between those who support flat tax law-drafts and those who support regressive tax law-drafts is in EVERY country across the world, across the time.
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The paideconomists (*) oppose the proposal that 9th class or even FY students should be informed about various tax laws and which tax laws are progressive and which tax laws are regressive.
.
The clash between regressive tax law and flat tax laws has taken new dimension now. The elitemen who want regressive taxes promote politicians and senior activists, who claim they are pro-poor, support progressive tax "concept", but in reality, they support regressive tax law-drafts !!! And that makes it difficult for pro-poor junior activists to decide who is pro-poor. The junior activist often thinks that the senior-activists who support flat tax (like myself) are pro-rich / anti-poor while senior activists who promote progressive tax concepts are pro-poor !!! The junior activists doesnt immediately see that the senior activist, who support progressive tax concept in reality supports regressive tax law-drafts !!! Solution is easy , but VOLUMINIOUS. The Junior activists has to be told about tax law-drafts' DETAILS , and shown that politician he supports and senior activists he supports in reality support regressive tax law-draft.
.
Coming back to USA ---- In USA, in 1780s, regime of regressive taxes started under the rule of Washington, and ended after Jefferson became President. But after 1930s , regressiveness increased in many ways (Fed Banks are main reasons, and Foundation Capitalism or Charity Capitalism or Cronyism via Charities being second most important cause of regressiveness). But till now, the tax code in USA is LEAST regressive compared to any other country !!! And of many reasons why USA rules the world, including India, is because the tax code is less regressive. A less regressive tax code leaves money with bottom to consume and leaves more money with middle to start new factories !!! This improves technology and thus military and makes the nation more powerful than those who have more regressive tax law-drafts.
.
In India, we at Right to Recall Group are the ONLY activists working to bring FLAT TAX law-drafts --- such as (wealth tax minus income tax paid minus other credits) , (30% - x%) compulsory medical savings plus x% income tax on income, ending regressive tax laws like SEZ abd plethora of tax breaks, ending tax deductions to CSR , ending 80G / 35AC etc. Whereas all other political parties including CoBhAp , and all political leaders including SoMoKe , and all senior activists like Anna / Arke in reality support REGRESSIVE tax law-drafts
.
https://www.facebook.com/mehtarahulc/posts/10152807049406922
Excise vs Wealth tax ; Regressive vs Progressive vs Flat tax-laws ; Jefferson vs Hamiliton . Washinton ; whiskey rebellion.
.
Thomas Jefferson supported wealth tax , and a progressive wealth tax . He said ""Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise." --Thomas Jefferson to J. Madison, 1785. " (seehttp://eyler.freeservers.com/JeffPers/jefpco28.htm ).
.
So Jefferson supports progressive tax, which I oppose . I support flat tax. But at leastm Jefferson didnt support regressive taxes.
.
Thomas Jefferson also opposed excise tax in general. Hamilton had imposed a whiskey excise tax a few years back. The tax was regressive. Also whiskey manufacturer had option of paying flat tax or pay tax per gallon. So if manufacturer was making large amount of whiskey, then per gallon tax will be LESSER !!! The tax met armed resistance from many small whiskey manufacturer a,d the tax collectors could NOT collect taxes in more than half the then USA. Jefferson openly opposed this tax , and he didnt legitimized the armed rebellion, but he blamed hamilton for the Whiskey Rebellion (see http://en.wikipedia.org/wiki/Whiskey_Rebellion ).
.
Washington supported regressive taxes and so was about to expel Jefferson from his administration (Jefferson was Secretary of State back then). and so Jefferson himself resigned. The relation became so bitter that later Jefferson refused to attend funeral of Washington !!!
.
In the third election, Jefferson promised repeal of Whiskey Excise Tax . He won Presedential Elections and his Party also won majority in US Parliament aka Congress . Excise collection stopped from the day he became President. And within weeks. the whiskey excise was officially removed.
.
Suffices to say --- the clash between those who support flat tax law-drafts and those who support regressive tax law-drafts is in EVERY country across the world, across the time.
.
The paideconomists (*) oppose the proposal that 9th class or even FY students should be informed about various tax laws and which tax laws are progressive and which tax laws are regressive.
.
The clash between regressive tax law and flat tax laws has taken new dimension now. The elitemen who want regressive taxes promote politicians and senior activists, who claim they are pro-poor, support progressive tax "concept", but in reality, they support regressive tax law-drafts !!! And that makes it difficult for pro-poor junior activists to decide who is pro-poor. The junior activist often thinks that the senior-activists who support flat tax (like myself) are pro-rich / anti-poor while senior activists who promote progressive tax concepts are pro-poor !!! The junior activists doesnt immediately see that the senior activist, who support progressive tax concept in reality supports regressive tax law-drafts !!! Solution is easy , but VOLUMINIOUS. The Junior activists has to be told about tax law-drafts' DETAILS , and shown that politician he supports and senior activists he supports in reality support regressive tax law-draft.
.
Coming back to USA ---- In USA, in 1780s, regime of regressive taxes started under the rule of Washington, and ended after Jefferson became President. But after 1930s , regressiveness increased in many ways (Fed Banks are main reasons, and Foundation Capitalism or Charity Capitalism or Cronyism via Charities being second most important cause of regressiveness). But till now, the tax code in USA is LEAST regressive compared to any other country !!! And of many reasons why USA rules the world, including India, is because the tax code is less regressive. A less regressive tax code leaves money with bottom to consume and leaves more money with middle to start new factories !!! This improves technology and thus military and makes the nation more powerful than those who have more regressive tax law-drafts.
.
In India, we at Right to Recall Group are the ONLY activists working to bring FLAT TAX law-drafts --- such as (wealth tax minus income tax paid minus other credits) , (30% - x%) compulsory medical savings plus x% income tax on income, ending regressive tax laws like SEZ abd plethora of tax breaks, ending tax deductions to CSR , ending 80G / 35AC etc. Whereas all other political parties including CoBhAp , and all political leaders including SoMoKe , and all senior activists like Anna / Arke in reality support REGRESSIVE tax law-drafts
.
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