Let's say you made $40,000 per year. If the government taxed us at a reasonably just rate, then you could double your income. You'd be making $80,000 a year over night. If only the government did what was right. And then guess what? The prices of the goods and services you bought would go down. Things would be cheaper. Your income would double and the things you purchased would be cheaper. Now wouldn't that be a step in the right direction to alleviate the difficulties and the poverty in this country? You bet it would be a step in the right direction. But then, the democrats woudn't get your vote.
You actually think 1 hour of a surgeon's time is equal in value to 1 hour of a ditch diggers time? That surgeon had to study in medical school until he was 30 years old. In other words, he was 30 before he was allowed to make his first penny in his chosen career.Originally posted by billwald
I propose that all money be eliminated and replaced by "man-hours." One MH would be the economic value of one healthy man digging with one shovel for one hour.