Monday, June 19, 2006

Alex Jones Ranting

2 comments:

Anonymous said...

So, Weaz, what's your take on this Alex Jones character? Is he sane? Is he speaking the truth?

To me, it seems that he has some stuff right, but then he rants like a nutcase and talks about a national sales tax as if it was a profoundly evil thing.

Da Weaz said...

He's sane, he delivers the truth, but I would agree, his delivery undercuts his credibility.

But a national sales tax is not a good thing: it is a regressive tax that hurts poorer people disproportionately because it would presumably discount or exclude areas of wealth that poor people don't engage in, such as capital gains taxes and estate taxes. And poor people cannot simply reduce their consumption of food, for example, in amounts that they would consume in relative proportion to the wealthy. So, for example, if national sales taxes were placed on food, poorer people would pay a much higher percentage of their income on such taxes than would rich people.

Admittedly, a national sales tax on luxury goods would hit harder on richer people, but the exclusion of capital gains and estate taxes would more than offset the difference.

But Alex is definitely on the front lines of finding very important stuff. And weazl thinks that he needs other people, such as weaz himself, to explain with a little less vitriol the substance of his observations.