Alternate reality

[cvfd1399 0]

The 13% flat tax was a massive success in Russia.

Quote

Last year, President Vladimir Putin introduced a flat tax on income of 13 percent - the lowest rate in Europe - designed to draw more Russians out of the "shadow economy" and make them honest taxpayers.

[headoverheels 334]

They also pay quite a high VAT (18% on many items), which is the largest source of federal tax revenue. Second is taxes on mineral extraction -- oil companies being the majority of that.

Some interesting differences in tax structure vs. US seems to be that the great majority (like 90%) of corporate tax goes to the regions, rather than to the feds. The only local taxes seems to be land/real estate taxes. So, no "state sales tax" helps decrease the pain of VAT.

All in all a regressive tax structure.

[BIGUN 1,503]

Sorry for coming back to the game a little late, Don.

While I was being somewhat tongue in cheek; I was also not. As was stated later; it's pretty sad that it takes 73k pages to explain the 6700.

And... that doesn't include the state & local tax codes.

I very much appreciate the duration and depth of your response.

Nobody has time to listen; because they're desperately chasing the need of being heard.

[bdawk 0]

kallend

Gerard Baker, the editor in chief of the Wall Street Journal and debate moderator: “In seven years under President Obama, the U.S. has added an average of 107,000 jobs a month. Under President Clinton, the economy added about 240,000 jobs a month. Under George W. Bush, it was only 13,000 a month. If you win the nomination, you’ll probably be facing a Democrat named Clinton. How are you going to respond to the claim that Democratic presidents are better at creating jobs than Republicans?”

Fiorina: “Yes, problems have gotten much worse under Democrats.”

What this fails to mention is that during 6 of Clinton's 8 years republicans held the majority of both the house and the senate.

[kallend 2,175]

bdawk

***Gerard Baker, the editor in chief of the Wall Street Journal and debate moderator: “In seven years under President Obama, the U.S. has added an average of 107,000 jobs a month. Under President Clinton, the economy added about 240,000 jobs a month. Under George W. Bush, it was only 13,000 a month. If you win the nomination, you’ll probably be facing a Democrat named Clinton. How are you going to respond to the claim that Democratic presidents are better at creating jobs than Republicans?”

Fiorina: “Yes, problems have gotten much worse under Democrats.”

What this fails to mention is that during 6 of Clinton's 8 years republicans held the majority of both the house and the senate.

And despite that, he still did better than Bush. Makes his achievements even more remarkable then.

(After all, this WAS a question in a debate among candidates for the presidency, not for Congress.)

...

The only sure way to survive a canopy collision is not to have one.

[bdawk 0]

kallend

******Gerard Baker, the editor in chief of the Wall Street Journal and debate moderator: “In seven years under President Obama, the U.S. has added an average of 107,000 jobs a month. Under President Clinton, the economy added about 240,000 jobs a month. Under George W. Bush, it was only 13,000 a month. If you win the nomination, you’ll probably be facing a Democrat named Clinton. How are you going to respond to the claim that Democratic presidents are better at creating jobs than Republicans?”

Fiorina: “Yes, problems have gotten much worse under Democrats.”

What this fails to mention is that during 6 of Clinton's 8 years republicans held the majority of both the house and the senate.

And despite that, he still did better than Bush. Makes his achievements even more remarkable then.

(After all, this WAS a question in a debate among candidates for the presidency, not for Congress.)

Unlike the executuve power overreach of Obama's administration, Congress are the ones primarily responsible for writing laws/policy.

They can just as easily be given credit for the jobs created under Clinton. I'm pretty sure you knew that was the point I was making.