american ignorance on how our tax system works

[BSAM]

Quote from Free Thinker:

that was brilliant. how long did that take you to think up? isnt it about time you throw out the fair tax bs you are selling? funny thing. every fair tax idea you guys propose has a common theme. the rich get to pay less while the poor get to pay more. sounds fair doesnt it?

You cut me down, now blow me back up.
Every citizen should pay something.

 

[Lucrum]

Quote from CaptainObvious:

The stupidity is in the thinking that if we give them more money that somehow, by a miraculous event never before seen in the history of man, the government will suddenly become more efficient, will spend less, and not be coming back hat in hand next year asking for more. At what point do we tell these criminals in congress that they have to work with what they have stolen from us already and the game is over?

+ $16.2 Trillion...and counting...

 

[Lucrum]

Quote from Free Thinker:

the government provides a lot of services the people demand.

Most of those demanding the services aren't the one paying for them

everybody pays the same tax on dollars earned.

Except of course for the ones who pay no income tax.

 

[Free Thinker]

Quote from kmgilroy89:

Right now poor people don't contribute to anything other than their own social security. With the payroll tax credit they're barely contributing to that as well. How is it fair that they don't have to pay a dime in income tax when people are paying an effective rate that's well over 30% right now?

everyone pays the same rate on a given income. even the person who earns a million recieves the same treatment on the first 30k as the person who makes 30k. that is how a marginal tax system works.

 

[Free Thinker]

Quote from BSAM:

You cut me down, now blow me back up.
Every citizen should pay something.

and everyone does.

 

[BSAM]

Quote from Free Thinker:

and everyone does.

I don't mean the gasoline tax.
I want a consumption tax that everybody pays.
(I know, I know, me and you have discussed this before, but there's always new eyes lurking.)

 

[kmgilroy89]

Quote from Free Thinker:

everyone pays the same rate on a given income. even the person who earns a million recieves the same treatment on the first 30k as the person who makes 30k. that is how a marginal tax system works.

And the system is unfair. Specifically it's rigged against successful small businesses. They are who has to pay the 35% tax rate. Hence why I think it's time we have serious tax reform where we lower the rates and close loopholes. You say we can't close loopholes, we should raise the rates, and further tax successful small businesses at an absurd rate. You're basically reiterating the Democratic Party talking points. Free think much?

 

[BSAM]

Although I don't agree with all aspects of the plan, we need something similar to this: www.fairtax.org

 

[BSAM]

Quote from kmgilroy89:

And the system is unfair. Specifically it's rigged against successful small businesses. They are who has to pay the 35% tax rate. Hence why I think it's time we have serious tax reform where we lower the rates and close loopholes. You say we can't close loopholes, we should raise the rates, and further tax successful small businesses at an absurd rate. You're basically reiterating the Democratic Party talking points. Free think much?

Brother Gilroy, let me get this straight.
You don't think it's right for a successful person to have his money taken by the confiscation cartel (aka the IRS) to give to some lazy asses who won't work and some welfare queens who just wanna have sex and babies?

 

[Free Thinker]

Quote from kmgilroy89:

And the system is unfair. Specifically it's rigged against successful small businesses. They are who has to pay the 35% tax rate. Hence why I think it's time we have serious tax reform where we lower the rates and close loopholes. You say we can't close loopholes, we should raise the rates, and further tax successful small businesses at an absurd rate. You're basically reiterating the Democratic Party talking points. Free think much?

speaking of thinking. have you ever thought about all the bennies in the tax code for small business? most pay next to nothing.
if they do pay its based on profits. if you declare 250k,the point at which obama wants to increase a couple of percent,in income after all the deductions available to small business you have made a lot of money.