patrick.net

ZipperTits says

Ceffer says

This guy is really genius in abstract thinking.

Patrick says

I would absolutely vote for Thomas Sowell as well.

He would not run if nominated and he would not serve if elected. He's a wise man.

Onvacation says

not run if nominated and he would not serve if elected

Anybody know who I was paraphrasing above?

Wow. Espousing facts and common sense is "owning the Libs."

cisTits says

richwicks says

He's living in the past, nearly nobody has a cell phone AND a land line. They have one or the other. He just doesn't realize this.

I do.

I said NEARLY nobody, some do. My parents do, they are in their 80's.

cisTits says

I use the number when I have to provide one on a firm. Spam callers hit that instead of either of our cell phones.

Well, it's only 5 bucks a month or so.

My parents have theirs because it's easier to have both my mom and dad on the line at the same time, and they ran a business off that number for a long time. It's not really a phone line either, it's a cell line that connects to standard phones. It's kind of neat in a way, when the power goes down, it's got a battery backup and will continue to run for several days - so it acts as a lifeline. That being said, it's a bit buggy.

I also have a land line. The wife wanted it because she wanted something that would work when the power went out. Oddly enough, my daughter bought a rotary phone at an antique shop, I plugged it in and it worked - even calling someone using that dial. I am surprised that touch tone copper still supports the old rotary system.

For "centuries?" I wonder if meant "for decades."

Sowell new book out:



https://a.co/d/1YpRjWu

PumpingRedheads says

Is this true? Is there some documented history of this?

GNL says

Is this true? Is there some documented history of this?

@GNL Yes, it's true. Easy to look up.

GNL says

Is this true? Is there some documented history of this?

Arab slaver/pirates terrorized shipping in the Mediterranean for hundreds of years, stealing cargo and selling crew and passengers into slavery. They raided coastal cities in Italy etc. kidnapping entire villages. The numbers over centuries was in the millions.

UkraineIsFucked says

The_Deplorable says

Saying the government is dependent on you is like saying the wolf is dependent on the sheep.

HeadSet says

"Saying the government is dependent on you is like saying the wolf is dependent on the sheep."

Only if you believe that the tail is wagging the dog.

HeadSet says

Saying the government is dependent on you is like saying the wolf is dependent on the sheep.

When people stop paying taxes, the government goes bye-bye pretty damn fast.

UkraineIsFucked says

HeadSet says

Saying the government is dependent on you is like saying the wolf is dependent on the sheep.

When people stop paying taxes, the government goes bye-bye pretty damn fast.

That is like the sheep telling the wolf "I forbid you to eat me." The wolf then helps himself to a few bites. In the same manner, people who refuse to pay taxes get their assets seized and jail time. Even the Amish pay taxes.

HeadSet says

That is like the sheep telling the wolf "I forbid you to eat me." The wolf then helps himself to a few bites. In the same manner, people who refuse to pay taxes get their assets seized and jail time. Even the Amish pay taxes.

Tax revenue receipts are dependent upon monetary velocity.

The more transactions that go on, especially between businesses, the more tax revenue is raised.

This is true for both VAT and corporate income tax.

Income taxes on individuals is likewise the cream on top of that.

Contrast that with property taxes that can only be taxed once per year.

This is why states like California go from having huge revenues one year and collapse in said revenue in the next.

This is why cities are far better tax revenue generators both in total $$$ and per capita $$$ than rural areas, with few exceptions (Permian Basin oil/gas fields or Black Hils gold mines).

Overall monetary velocity has been been falling the past 30 years, btw.

So, this is how people can stop or severely reduce overall taxes to the government. By reducing activity that lead to taxeable transactions. This will require a reduction in the hyperspecialization that our modern economy has become. But tech is developing that will make that possible. Both that and reducing cost of production a lot.

Simple example: Just by cutting down eating from home 50% per month, you are fucking with the government's tax revenue cow. Less revenue for restaurants = less taxes they pay. Employees get hours cut/not hired, so less taxes from them, top. Less sales taxes.

Sure, you are buying more groceries to help make up for SOME of that loss. But if you are saving the net savings - especially in the form of assets that don't get taxed (much) like land or gold, or (later) an eDrexler NanoFab - you are fucking this up.

This is why GDP growth is important. GDP is calculated by transactions. Difference betwen 3% vs 2% annual GDP growth is even a big ass deal.

So when we have localized homesteading of the kind not seen in 100 years, the era of Big Government will truly be fucked.

And that day is coming because of technology. Indeed, most of us will be forced into it.

So yes, the Amish pay taxes. But not as much as they would generate if they bought all their clothes at the store instead of making them themselves, ate at McDonald's instead of cooking for themselves or bought all kinds of shit on Amazon with internet service they would pay for but are not doing.

Wolf starves when the sheep doesn't produce enough lambs, dude.

UkraineIsFucked says

So, this is how people can stop or severely reduce overall taxes to the government. By reducing transactions.

That is like the sheep going on a starvation diet in order to get so skinny the wolf won't eat him.

HeadSet says

That is like the sheep going on a starvation diet in order to get so skinny the wolf won't eat him.

Almost. See above. I think my last edit occurred before you wrote this.

UkraineIsFucked says

But if you are saving the net savings -

They'll just tax your savings.

GNL says

UkraineIsFucked says

But if you are saving the net savings -

They'll just tax your savings.

So? $1 in buying shit generates far more in collective tax revenue than a $1 in savings does. Esp if you buy crypto, gold, stocks or art. Those only get taxed when sold.

UkraineIsFucked says

1 in buying shit generates far more in collective tax revenue than a $1 in savings

What exactly is your point? In order to have savings, one must have income, and income is taxed. Also, the point of making money is to buy stuff. People want income so they can purchase houses, cars, food, books, et al. The purpose of savings is to set aside money so you can buy things in the future, hopefully earning interest or dividends along the way. Burying gold in the back yard that will never be spent does not sound logical.

UkraineIsFucked says

Wolf starves when the sheep doesn't produce enough lambs, dude.

So, your philosophy is everyone should become a childless hobo to starve the government of taxes? That will show 'em!

The government will just print to infinity because it's the people who suffer not the pols. I do not think the government ever will give up an inch when it comes to spending what they want to spend. The $ has to implode or something. Much pain in the future. Fiat, imo, is the lifeblood of evil.

HeadSet says

Also, the point of making money is to buy stuff

Not of you can produce it on your own. Bitch to the Amish.

HeadSet says

order to have savings, one must have income, and income is taxed.

So? I never said otherwise.

UkraineIsFucked says

UkraineIsFucked says

HeadSet says

Also, the point of making money is to buy stuff

Not of you can produce it on your own. Bitch to the Amish.

HeadSet says

order to have savings, one must have income, and income is taxed.

So? I never said otherwise.

Patrick says