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sdrc92126
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Comments by "sdrc92126" (@sdrc92126) on "Trump Introduces ERS: Ending Income Tax as We Know It?" video.
@darcykendler932 The poor person doesn't have to pay anything if they buy locally produced things like food. A 1% increase in oil prices typically leads to a roughly 0.2% increase in food commodity prices. A 50% increase n oil, would lead to 10% increase in food price. I'd take that for no income tax.
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@subspace666 I buy very little stuff, and the US is a net energy exporter. Maybe it's not good to be so reliant on consumption for the economy. From the list of the top imports to the United States, the US had been the worlds largest producer in recent memory. Pharma and electronics...cars. I've worked in or personally know people who worked in all of these fields. So we had a business, sold it over seas so we could consume its production for 30% less in exchange for income tax to pay for unemployment benefits for the now jobless workers....
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