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Thousands of wealthy earners manage to zero out tax bills
- Thread starter Free Thinker
- Start date
Quote from Free Thinker:
whats fault got to do with it? many people just are not capable of earning enough to escape the poverty level.
This is the free thinking that you and all your liberal friends use to keep poor people poor.
Poor usually equals stupid which equals Democrat voters.
Gotta hand it to you; it works. (puns intended)
Quote from Free Thinker:
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to give you a thought exersize consider this. you and your neighbor have a similar house. you find out that he pays no property tax but you have a large tax bill. would you say good for him?
Way back when houses were assesed at the time of sale, obvioulsy people who owned there house for 10 or 20 years paid a lower tax rate than a new home built next door.
Along came equalization, now everybody supposedly pays a fair share, let me ask you this, Where's the additional money...
(And it's gone.)
Fair share? I thought the prior system was much fairer, kind of like a longevity discount on taxes. Because one day, that guy who pays less is going to be me.
Quote from BSAM:
Huh?
You started this thread by saying that 35,000 people in 2009 paid no income tax.
So, I want those rich people to pay for everything they buy.
How's that giving them a break???
a consumption tax would be nirvana for savy rich people. for one thing they probably already have everything they need. under a consumption tax scheme they just stop spending.
look at warren buffett. he still lives in the same house for 40+ years and he drives old cars. a consumption tax would not touch him. others would do the same.
those that spend everything they make just to cover their living expenses would be hit the hardest.
another problem with a consumption tax is it would hurt consumption. the american economy is built around consumption. consumption tax = depression.
How many times do you have to read it before it sinks in? A consumption tax would disproportionately penalize the poor, who must spend most, if not all, of their income just to survive. It would keep the poor...poor.Quote from Arnie:
...I agree with BSAM. A flat consumption based tax, and NO deductions. None. That would give people an incentive to save.
the government does not promote work. after years of republican leadership it promotes job shifting overseas through tax policy.Quote from BSAM:
There's always going to be poor people, but a lot of poor people in this country could better themselves if the US government would promote work instead of government handouts; which we can't even afford.
even still in your mind jobless people are just supposed to get out there and find a job.
Quote from Free Thinker:
a consumption tax would be nirvana for savy rich people. for one thing they probably already have everything they need. under a consumption tax scheme they just stop spending.
look at warren buffett. he still lives in the same house for 40+ years and he drives old cars. a consumption tax would not touch him. others would do the same....
LOL---Rich people won't spend money?
Too funny.
So if a consumption tax was put into place, rich people wouldn't eat, go on vacations or buy cars, etc., etc., etc., etc., etc.???
I wonder if Warren Buffet eats every day or uses toilet paper when he takes a shit?
LOL
Quote from nutmeg:
Way back when houses were assesed at the time of sale, obvioulsy people who owned there house for 10 or 20 years paid a lower tax rate than a new home built next door.
Along came equalization, now everybody supposedly pays a fair share, let me ask you this, Where's the additional money...
(And it's gone.)
Fair share? I thought the prior system was much fairer, kind of like a longevity discount on taxes. Because one day, that guy who pays less is going to be me.
i am not in favor of property taxes. i think they are the worst kind of tax. taxes should come from excess income.
i am betting you are already one who pays less.