The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.

Wednesday, November 4, 2015

The Daily GOP Ignominious: Carson, Trump, Rubio And The GOP Flat Tax



Let's start with the Monday morning GOP front runner.

Ben Carson has millions following him around, buying his book, and listen to his soft-spoken bull crap. We take no real exception if people want to follow a Pied Piper, conservative America has an ingrained core that includes following its demagogues to slaughter. Our chagrin with Carson is multi-faceted (including our perception of mental instability). Of particular concern is Carson's joining all GOP candidates in campaigning with a flat tax plan. A flat tax foretells real economic doom that will surpass any reckless economic policy via George W. Bush.  While all GOP candidates are paradigm devotees to a flat tax, Carson has frequented references to an analogy to religious tithing.   

Watch and Listen.

https://youtu.be/_HDYrxfCVmM




Carson's tax plan via a Politifact review:

Carson
False

Carson
FalseSays his tax plan wouldn't leave the federal government with a $1.1 trillion hole.
— Ben Carson on Wednesday, October 28th, 2015 in the third GOP primary debate.
Ben Carson’s tithe-based tax plan became the subject of a computational tussle between him and a CNBC moderator during the third GOP debate. 
Carson, a Seventh-day Adventist, has advocated for the federal government to adopt a tithing system across the board, referring to the Judeo-Christian practice of giving one-tenth of one’s income to the Church. "I think God is a pretty fair guy," he reasoned in the first Republican debate. 
Moderator Becky Quick pointed out that a 10 percent flat tax would bring in a lot less revenue and asked how would that work. Tithing was just an analogy and the rate would actually be closer to 15 percent, Carson responded, adding that he’d fill the gap through "strategic cutting."


But Quick continued to press him on the numbers. Here’s a snippet of their  exchange on Oct. 28: 
Quick: "You would have to cut government by about 40 percent to make it work with a $1.1 trillion hole."
Carson: "It's not true." 
Quick: "It is true. I looked at the numbers." 
Carson: "When we put all the facts down, you will be able to see that it's not true. It works out very well."
Read more linked above ("Politifact").

Carson's plan is no different than Cruz's plan, Paul's Plan, Bush's plan, et al. The flat tax for Republicans is as common as their misguided oral bantering as Ronald Reagan as the model president. Reaganomics and historic spending (against rhetoric to the contrary) aside, Ronald Reagan is their model guy. While I do not recall Reagan espousing a flat tax, someplace between 1981 and subsequent GOP history the flat tax has become a consistent campaign item. In some cases, GOP candidates like to *flash* eliminating the IRS. Ted Cruz recently stated potential use of postcards to facilitate annual tax requirements. 

As you look over the following graphic, you may want to ask,"why would any US politicians espouse and campaign on a flat tax. Moreover, why would the GOP to the person seek to instill such a tax system in our nation?

Flat Tax

DEFINITION OF 'FLAT TAX'

A system that applies the same tax rate to every taxpayer regardless of income bracket. A flat tax applies the same tax rate to all taxpayers, with no deductions or exemptions allowed. Supporters of a flat tax system propose that it would give taxpayers incentive to earn more because they would not be penalized with a higher tax bracket. In addition, supporters argue that a flat tax system is fairer because it imposed the tax on all taxpayers regardless of income.
BREAKING DOWN 'FLAT TAX'
In the United States, a progressive-rate tax system is used. In 2010, for example, people who earned up to $8,375 fell into the 10% tax bracket; people who earned greater than $373,650 fell into the 35% tax bracket.

In a progressive tax system, individuals who make more money are taxed at a higher rate. Many of the countries that have imposed a flat tax rate system on individuals and businesses, including Estonia, Lithuania and Latvia, have experienced economic growth since adopting flat tax rate policies.
Read More at Investopedia.

  No personal income tax   Flat personal income tax
Flat personal income tax.png





Carson has also perpetrated lies about his background and past. Why do you feel it is necessary for a presidential candidate to go to such lengths to pull the wool over your eyes? Could his lies relate to book sales?

CNN:Ben-carson-2016-childhood-violence
After viewing  three minutes of his neighborhood friends not recognizing his stories of urban hooliganism replete with its requisite temper, let's take a  wild ride on his 1998 commencement speech (eg. Egyptian Pyramids and grain storage).



How could a supposed learned professional take exception to Archeologists (scientists)? The answer is simple. The person is probably delusional and suffers from cognitive deficiencies coupled with a willingness to tell a lie. Carson 1998 speech reminds of a much more recent forum Rand Paul hosted a group of University of Louisville medical students. The strategic misinforming lies!

We move to the front-runner since Wednesady afternoon.

A quick hit regarding another 2016 GOP leader: the ever lying Donald Trump.


Anderson Copper, CNN A360 linked via Business Insider.

So much for Trump.  As usual nothing to report beyond his carnival barking oratory.


Let's move to a bit of "Credit Card" Rubio.  While the candidate disputes his use of credit purchases as being perpetrated on an American Express (AMEX) card vs a credit card, one would think he would have received much better advice. Splitting hairs on the difference between a credit card and an AMEX card is ridiculous.  AMEX also has a revolving credit pay option established within the period in which Rubio has been in public office.   His remarks about the methods of payment on a month-to-month basis have value but we can not assess the veracity of his remarks until he releases payment information. 

CNN broadcast an early morning piece regarding Rubio's potentially living life well beyond his financial means

Marco Rubio GOP credit card bash



And, think back to the 2012 GP nomination run up we thought Hermann Cain's issues with sexual allegations were deplorable. 

The GOP and conservative American continues to out-do itself.

.....AND THE BAND PLAYS ON.....

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