Comments on: The power of the flat tax, Bulgarian style http://www.freedomtalks.org/2008/07/22/the-power-of-the-flat-tax-bulgarian-style/ The FreedomWorks blog dedicated to lower taxes and more freedom. Sat, 22 Nov 2008 18:46:54 +0000 http://wordpress.org/?v=2.6.3 By: Bulgarian properties http://www.freedomtalks.org/2008/07/22/the-power-of-the-flat-tax-bulgarian-style/#comment-112692 Bulgarian properties Wed, 19 Nov 2008 21:50:25 +0000 http://www.freedomtalks.org/?p=1591#comment-112692 Bulgaria is a fast growing country at the moment but word financial crisi can be a catastrophic if the governament do not take a proper steps. At the moment there is a big savings in the country budget and it can be used for saving big companies from bankrupt. Bulgaria is a fast growing country at the moment but word financial crisi can be a catastrophic if the governament do not take a proper steps. At the moment there is a big savings in the country budget and it can be used for saving big companies from bankrupt.

]]> By: TheNightFly http://www.freedomtalks.org/2008/07/22/the-power-of-the-flat-tax-bulgarian-style/#comment-103864 TheNightFly Mon, 29 Sep 2008 11:21:19 +0000 http://www.freedomtalks.org/?p=1591#comment-103864 "To no surprise, it is often that those very naysayers are the ones who are promoting other policies like the fair tax." That's because the fair tax is a consumption tax- the direct opposite of the flat tax which is an income tax. The power to tax income is absolute. And absolute power corrupts absolutely. "In May, Bulgaria was accepted into the “Reformers Club of the World Bank,” a group which honors countries that have made considerable changes to promote business growth." That's no surprise. Income tax systems provide unchecked governments with guaranteed revenue streams which they use as collateral to borrow unlimited funds from national banks. Governments that tax the incomes are "unchecked" because income taxes leave people with no means of keeping their governments in check. The people are nothing but slaves to their governments under income taxes, just like I am here in America. Government leaders spare no expense in supporting big businesses in order to keep us all employed rather than self employed. They will claim that they are only trying to help people by preserving jobs but, the simple truth is that it's easier to garnish taxes from hundreds of millions of wages than it is to haggle with hundreds of millions of financially independent business owners. Especially when they don't approve of their leader's objectives. This 700 billion dollar bail out of the loan industry is proof of that. We might as well be marched to work in chain gangs lead by federal police every morning. “To no surprise, it is often that those very naysayers are the ones who are promoting other policies like the fair tax.”

That’s because the fair tax is a consumption tax- the direct opposite of the flat tax which is an income tax. The power to tax income is absolute. And absolute power corrupts absolutely.

“In May, Bulgaria was accepted into the “Reformers Club of the World Bank,” a group which honors countries that have made considerable changes to promote business growth.”

That’s no surprise. Income tax systems provide unchecked governments with guaranteed revenue streams which they use as collateral to borrow unlimited funds from national banks.

Governments that tax the incomes are “unchecked” because income taxes leave people with no means of keeping their governments in check. The people are nothing but slaves to their governments under income taxes, just like I am here in America. Government leaders spare no expense in supporting big businesses in order to keep us all employed rather than self employed. They will claim that they are only trying to help people by preserving jobs but, the simple truth is that it’s easier to garnish taxes from hundreds of millions of wages than it is to haggle with hundreds of millions of financially independent business owners. Especially when they don’t approve of their leader’s objectives. This 700 billion dollar bail out of the loan industry is proof of that. We might as well be marched to work in chain gangs lead by federal police every morning.

]]> By: Anonymous http://www.freedomtalks.org/2008/07/22/the-power-of-the-flat-tax-bulgarian-style/#comment-103801 Anonymous Mon, 29 Sep 2008 00:34:44 +0000 http://www.freedomtalks.org/?p=1591#comment-103801 United state Congress should pass the fair tax bill,effective immediately. United state Congress should pass the fair tax bill,effective immediately.

]]> By: Mister Guy http://www.freedomtalks.org/2008/07/22/the-power-of-the-flat-tax-bulgarian-style/#comment-94239 Mister Guy Tue, 22 Jul 2008 23:06:00 +0000 http://www.freedomtalks.org/?p=1591#comment-94239 "Bulgaria went from having an unemployment rate of 12% to 6% In the first six months of 2008, Bulgaria experienced record GDP growth (7%) Inflation is projected to drop from 14% to 9% by the end of 2008" Well, congrats to Bulgaria! Our highest historical unemployement rate that I could find in the USA was 9.71% back in 1982, and it's currently around 5.5% now. The USA's record GDP growth that I could find was 7.188% back in 1984. The max U.S. inflation rate that I could find was 23.67% way back in 1920, and right now it's about 5.02%. Let us know when the Bulgarians are on the same playing field that we are. Since when do we need a massive amount of more cars in the USA?? I would think that automobile sales would be up in eastern Europe but were they that high to begin with?? "What is one correlation between the three countries?" There are probably many that you would *never* list here. “Bulgaria went from having an unemployment rate of 12% to 6%
In the first six months of 2008, Bulgaria experienced record GDP growth (7%)
Inflation is projected to drop from 14% to 9% by the end of 2008″

Well, congrats to Bulgaria! Our highest historical unemployement rate that I could find in the USA was 9.71% back in 1982, and it’s currently around 5.5% now. The USA’s record GDP growth that I could find was 7.188% back in 1984. The max U.S. inflation rate that I could find was 23.67% way back in 1920, and right now it’s about 5.02%. Let us know when the Bulgarians are on the same playing field that we are. Since when do we need a massive amount of more cars in the USA?? I would think that automobile sales would be up in eastern Europe but were they that high to begin with??

“What is one correlation between the three countries?”

There are probably many that you would *never* list here.

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