Europe Dumps Old Money Before Ringing In the New

Adam L. Beberg beberg@mithral.com
Mon, 31 Dec 2001 11:59:33 -0800 (PST)


On Mon, 31 Dec 2001, John Hall wrote:

> > From: Adam L. Beberg [mailto:beberg@mithral.com]
>
> > On Sun, 30 Dec 2001, John Hall wrote:
> >
> > > By all means get rid of corporate welfare.  Start with Ethanol
> > > subsidies, milk price fixing, sugar subsidies, peanut quotas ...
> >
> > I used to agree with that, but then realized it's the last
> > thing between us and a huge corprate farm monopoly growing a
> > continent full of monogenetic crops.
>
> The primary beneficaires of farm price supports are the corporate
> farmers.  The people who pay are the poor and (especially in Florida)
> the environment.

Isn't that what I said?

> > And the only fair thing is a flat tax, no deductions. Of
> > course then you end up with cheating on the scale Europe
> > apparently has, so either way people can get around it.
>
> Most flat tax proposals I've seen would be exceptionally hard to evade
> beyond cash-only small scale transactions.
>
> When the bank and corporation deduct your tax off the top before
> crediting interest, dividends, or pay it gets hard to duck.

All the more reason it will never happen, congresscriters having as much
to hide as anyone else.

- Adam L. "Duncan" Beberg
  http://www.iit.edu/~beberg/
  beberg@mithral.com