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View Diary: Ways & Means chief David Camp wants to return to 1931 tax rate (110 comments)

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  •  OK - sounds like you have better facts (0+ / 0-)

    than the made-up example I used.  

    And every tax deduction, expemption and credit made sense to someone at some point in time.

    It still begs the question of why the government should collect taxes from everyone for a limited benefit to the few who install solar roofs (or buy houses, or Priuses, or earn capital gains, or, or, or......)

    As I said, I don't know the answers, but would love to see some serious policy discussions with experts who  might, or who might be able to stumble on the right answers together.

    •  Just one example of why this makes... (1+ / 0-)
      Recommended by:

      ...sense. If the nation took Bernie Sanders's proposal for 10 million solar roofs (or mine for 20 million) by 2020, it would not only build infrastructure, it would also reduce the price of solar roofing via economies of scale and innovation. In 10 years, those roofs might cost half as much, or a third, to install. We would all benefit from that (even if we didn't install of solar roof ourselves) because it would mean reduced CO2 in the atmosphere.

      Or, we could stop subsidizing people's gasoline prices via the $200 billion or so of the Defense budget that goes to protecting our access to foreign oil. That would send more people to buy hybrids or electric vehicles.

      Don't tell me what you believe. Tell me what you do and I'll tell you what you believe.

      by Meteor Blades on Thu Mar 17, 2011 at 02:14:30 PM PDT

      [ Parent ]

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