Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Why are the Tories talking about flat taxes again?" video.

  1. Why do facts dont suddenly don't matter? You have a leaking pipe leaking enough to rot your house slowly from the inside, and your solution is to make the leak bigger by sticking a crude, flat headed tool, like a screwdriver into the hole, making it bigger. Magical thinking about reality is a road to hell. Instead of fixing income and wealth being extracted to to the already asset wealthy, Flat taxes, would accelerate that process, because far more speculation than productive investment is going on in the economy. What you ignore is that the asset wealthy don't deserve the tax breaks they are given, because they aren't investing it to help the economy create more jobs, build more infrastructure, or to increase the quality of services so that the economy can grow sustainably, they are effectively extracting it, hoarding it, and speculating with it. That's why the economy is tanking, because there is no money being spent on keeping the economy stable and sustainable. Taxes on the wealthy are the only tool to prevent the whole economy sinking further into dysfunction. FYI we have a debt based economy, and the asset wealthy own all of that debt, and by debt farming, they're actually preventing the economy from being stable and secure. That's why asset bubbles instead of productive investment dominate our economy, and why more people are getting poorer. And the only tool to stop this madness is to tax those profits, and distribute them away from asset bubbles and asset stripping into the real, productive economy. Cause and effect cannot simply be wished away, and the effects of misininvestment are what you see. And it's not good to accelerate that through demonstrably bad policies like flat taxes.
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