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#16
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What bank is Person 1 and Person 2 using? I want that 10% ROR on my savings.
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2001 SLK 320 six speed manual 2014 Porsche Cayenne six speed manual Annoy a Liberal, Read the Constitution |
#17
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My question from my perspective still stands however. I believe it is not equitable to have high wage earners skip out on paying taxes on hundreds of thousands of dollars of income while the lower wage earners skip out on only the first $10k.
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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman |
#18
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So make it a flat tax. 10% of EVERYTHING. You make 10 grand, send in one grand. You make 10 million, send in one million. No deductions, no adjustments. No body gets out of paying. Then start doing away with all the excise taxes. And all the things they fund. No tax on phones to pay for cheap internet at the library. No cheap internet at the library. If it is important to them, let them put in a local tax to pay for it. In fact, don't give any money to localities. Feds pay for Fed things, States pay for State things, localities pay for local things.
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#19
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Bob,
I couldn't agree more. It should be the same percentage whether you make $10 or $10 Million a year. All this tax talk is mostly to create/aggravate class warfare. Even if you took 100% of the top 2 1/2% of the top wage earners money, it wouldn't even put a considerable dent in the now FIFTEEN TRILLION DOLLAR debt that's been racked up by these ne'r do wells in Washington.
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2001 SLK 320 six speed manual 2014 Porsche Cayenne six speed manual Annoy a Liberal, Read the Constitution |
#20
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As I have asked before, tell me how much YOU pay in taxes if you can. So far, nobody can simply because they are taxed in so many ways not even the best accountant can figure it out. I think the simplest is to have a POS tax. Whatever you buy, you get taxed at the POS. No deductions, rebates, excuses, etc, etc. Buy 10 million, get taxed say 2 million. Buy $1000, get taxed $200. At the end of the year, you see how much you earned and you can figure out the taxes. After all, for every purchase, you stress the infrastructure so it is fair you pay for it. Say you take a 20% POS tax. I earned $100000 last year I have $40000 left I paid out $60000 I bought $50000 in product I paid $10000 in taxes. Now, if Joe Politician wants to get more money, he has to raise the POS tax. So say he wants to do that, he has to explain to EVERYBODY why he is doing it and feel the heat. Instead, today, Joe P. can simply lower your taxes to the state or IRS and put a new tax onto a business and they can pass it to you. All unseen but the effect is not as easily felt but it is there. Now he cannot "divide and conquer" by pitting this group against that.
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#21
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BTW, according to the urban dictionary, "ne'r do well" is defined as: A person who always kicks back, kicks it, relaxes. One who rarely shoulders responsibility and avoids stress and anxiety. I submit to you that these people have a responsibility. TO THEMSELVES as we all do. Just because they don't do well for YOU doesn't mean they don't do well for themselves. Win, lose or draw, they win. Republican vs Democrat. Whoever wins, we lose, much like AVP. Why? Because we have the system that allows them to do this.
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#22
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Aklim, your point is well taken regarding "stealth" or other taxes. Ultimately, consumers and property owners pay the lions' share of taxes. Businesses and corporations may collect a tax and forward it to the government, but the consumer buying their product is actually the one paying it. The point is that the govenment collects a lot from us by stealth. Your suggestion is that we simply have a national sales tax that is right up front and there is much value in that idea.
The problem gets into do we do that at each government level? Do we have 10% for the Feds, plus 8% for the State, plus 3% for the County, plus 2% for the City (total 23% in this case)? Eventually, you reach a pointy where black market and smuggling become a big deal. We see that now with the differences in alcohol prices between Ky. and Ohio. I'm not sure what solution is best, but all of this is fodder for honest, civil debate. |
#23
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#24
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I LOVE IT! If I were a cartoonist, I would draw that cow. That's a great analogy.
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2001 SLK 320 six speed manual 2014 Porsche Cayenne six speed manual Annoy a Liberal, Read the Constitution |
#25
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I'm not sure that would work. Say the Feds really need 13% to run their stuff. Then maybe some states really need 6% for their stuff, but another only needs 3% and so on so that the total really needed for where you live is only 17% not the 20% you proposed. Where does the rest go? Never just give it to the govenment since they will spend it. No, I'll go with your system if each govenment gets to tack on their own percentage. Then they have to explain that amount to the voters.
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#26
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#27
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and we keep voting for these guys.....
don't worry brother, you and I are pretty much on the same page. Then again, some want govenment to be bigger and tax more. As long as they say so, I have no problem with them. All fair subject for debate. It's the thieves in the night I have trouble with. |
#28
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and I am fine with bigger govt that taxes more as long as it can do more efficiently. Bigger and cannot do the job well is like a guy, lets call him Robert, who has a huge flaccid penis and cannot get it more than half up. Looks good to the ladies, promises much but doesn't work more than half way Edited now that Robert is here and I don't have to talk behind his back.
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow Last edited by aklim; 11-09-2011 at 10:47 PM. |
#29
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You know I wonder how much it costs the IRS to process one return. There has to be a breakeven point below which it's probably better to not file.
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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman |
#30
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