Melton Milton Freedman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Melton milton freedman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Melton Milton Freedman Today - Breaking & Trending Today

CSPAN2 Key Capitol Hill Hearings June 22, 2024

Of these tax changes. So no net cost to the government over time. And you have peoples income up about 10 and additional jobs so more people are working. Now that is close to a free lunch as you can get. And thats the damage done by the current tax system. All the neutral tax systems are a means of getting the three layers of tax. Some are collected at business level. Some collected only at retail. Now my favorite, the personal expenditure tax is put down your income subtract your savings pay tax and whats left . That way each year you sit down and fill out a form and you say, they took what . And then you dont vote for them again. Where laz the retail sales tax might be nickelled and dimed and you may not save all your sales receipts and realize what has happened to you. But there are conveniences of doing it one way or the other. We have to take a look at those. These are all efforts to get away from the horrible horrible effects of the income tax and moving to a more sensible neutra ....

New York , United States , District Of Columbia , Central China , Cayman Islands , North Korea , Marco Rubio , Ben Carson , Steve Moore , Scott Walker , Jack Kemp , David Ricardo , Bernie Sander , Melton Milton Freedman , Joe Biden , Jesse Jackson , Ronald Reagan , Lee Rubio , Jon Edwards , Jeb Bush , Jerry Brown , Barack Obama , Steve Forbes , Las Vegas , Steve Hays , Reed Pelosi ,

CSPAN3 Key Capitol Hill Hearings June 22, 2024

Prosperity. And you heard alvin just say over and over again, consumption based tax. My job on the panel is to try to explain why thats important. Its important because the current tax system treats income that you sai and invest much much worse than the income you can consume. Think about it in this very simple fashion. You make some money. You pay tax on that money. Whats left . Disposable income. Aftertax income. You have two choices of what to do tw the aftertax income. You can consume it right away, or you can consume it in the future. Whats consuming in the future . Its saving and investing. Now, lets think about how the federal tax system theets though two choices. If you consume your aftertax income right away, the federal government, by and large leaves you alone. Yeah we have a federal excise tax on gasoline. We have a federal excise tax on bows and arkansas rowrows, but theres really no federal tax on your income. What happens if you save and invest your income instead . Bet ....

New York , United States , District Of Columbia , Central China , Cayman Islands , North Korea , Marco Rubio , Ben Carson , Steve Moore , Scott Walker , Jack Kemp , David Ricardo , Bernie Sander , Melton Milton Freedman , Joe Biden , Jesse Jackson , Ronald Reagan , Lee Rubio , Jon Edwards , Jeb Bush , Jerry Brown , Barack Obama , Steve Forbes , Las Vegas , Steve Hays , Reed Pelosi ,