Thursday, December 21, 2017

Why I Stopped Blogging. BTW the Tax Reform Bill is Lame

I've been writing blog posts. I've just stopped posting them.

People have become shrill. People don't seem interested in engaging in substantive debate. It is all about attacking enemies and diverting attention for the flaws of one's friends.

Anyway, the Trump administration is pretty much going as I feared. The left has gone berserk. To make things worse. The Trump Administration has not created any substantive legislation.

The GOP passed a tax reform bill, but the bill doesn't take the steps necessary to restore the small business sector of our economy.

It is better than nothing, but not much better.

The GOP's tax plan is a basic effort to flatten a tax. The mathematics of a flat tax is compelling. A flat tax reduces deductions allowing the government to lower the over all tax rate.

Deductions are created by powerful groups. A flat tax reduces the deductions used by powerful groups to maintain their wealth.

The problem with a flat tax is that powerful forces that created the deductions still exist. These groups will slowly weasel their way back into power and will recreate the jagged tax structure.

Tax flattening is only a temporary fix.

The GOP's tax reform is only a temporary fix.

I would love to go into a dissertation about how we could fix taxes and health care in ways that would lead to substantive changes in our society. Such a dissertation would involve a substantive debate about taxation and money. I fear that people in the conservative movement aren't up to such a discussion.

Anyway, I decided last night to work on a less substantive issue which I will announce in the next blog post.

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