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#16
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Warren Buffet. Bill Gates, Donald Trump and a few other have been vocal about how unfair the tax code is. A person would think that a billionaire uses less Gov services than Joe blow while its the opposite. The courts protect their companies, the FBI protects their products, so on and so forth. |
#17
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Well it all comes down to source of income as you know. If you get paid from one source like a job you get slammed, if you get paid from a business you can reduce your taxes a lot. Or other investments, trusts ect. A mortgage broker was telling me a joke the other day, about how all plumbers and electritions make $18k a year according to their income tax statements. Yet they want to buy $500k houses and drive new $50k trucks. And the Indians that run 7-11's all make $30k a year.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#18
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That's why income should not be taxed, period. Tax spending instead, and keep the gov out of our personal finances.
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1985 380SE Blue/Blue - 230,000 miles 2012 Subaru Forester 5-speed 2005 Toyota Sienna 2004 Chrysler Sebring convertible 1999 Toyota Tacoma |
#19
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Also where did their money come from. There are perfectly legal ways to get your hands on un taxable income you can spend any way you like. And no you dont need to be a millionair to do it. |
#20
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Agree 100% That would force people to save more too.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#21
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Yes.
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#22
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The heck with his ideas, its the money that gets him coverage on Fox News.
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1985 380SE Blue/Blue - 230,000 miles 2012 Subaru Forester 5-speed 2005 Toyota Sienna 2004 Chrysler Sebring convertible 1999 Toyota Tacoma |
#23
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
#24
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2 months ago was 12-1 now 6-1
Ron Paul was listed with odds on becoming the next President at 18/1 at the online betting company Bodog Sports, but now Paul could be found among the top dogs with odds cut down to the astonishing 6/1.
http://www.ogpaper.com/news/news-01369.html
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1985 300D Turbo "Evolution is God's way of giving upgrades" Francis Collins |
#25
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Taxing spending won't work, especially in a credit economy.
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1984 300TD |
#26
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Yes.
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#27
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B |
#28
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#29
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Good to have a scorekeeper. Most people don't give a damn.
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#30
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The top 20% of people in the country, based upon income, pay 80% of the tax. If you eliminate the tax structure as we currently have it.......and tax spending........the burden of the tax shifts toward the lower economic classes. This is exactly what is not desirable. Naturally, you can argue that the current system whereby the top wage earners pay the largest tax burden is unfair. But, the alternative is to have folks earning $50K per year paying $20K in taxes. Don't believe the BS that the flat tax on consumption can survive on a rate of 17% or so........as claimed. That'll never happen. |
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