Fair Tax Nation

Replace All Federal Taxes on Income with the Fair Tax Act , HR 25

Famous Economist Joseph Schumpeter wrote the book, mid last century entitled Can Capitalism Survive? (see http://www.amazon.com/Can-Capitalism-Survive-Joseph-Schumpeter/dp/1...). We live in the era of Capital.  Land is a small contributor to economic output measured by Gross Domestic Product (GDP), and Labor is rapidly declining due to production technology.  The driver is Capital. 

The question is not whether Capital will be the dominant input to production.  But whether it will be concentrated in the hands of a few elite powerful and rich (measurement of "power") Communists, Fascists, or Muslim Caliphates enslaving the masses through taxes and government edicts (any of which could easily result from the "fundamental transformation" underway in the United States of America).  Or whether many people IN THE MARKET will have some control over their "share" of the Capital operating with and "against" others including competitors and other share holders. 

The propaganda that "rich people" should give up their property is the fraud of those hypocrites who want that property themselves to wield that power in monopoly, alone, not answering to anyone else. 

-ABE

Views: 26

© 2024   Created by Marilyn Rickert.   Powered by

Badges  |  Report an Issue  |  Terms of Service