Page 2 of 16 FirstFirst 123412 ... LastLast
Results 11 to 20 of 151
Thanks Tree38Thanks

Thread: The "fair and resonable" tax proposal

  1. #11
    Veteran Member bonehead's Avatar
    Joined
    Jan 2014
    Posts
    14,289
    Thanks
    5278

    From
    south
    Quote Originally Posted by Spookycolt View Post
    I have not.

    The point I was making was a pure flat tax on everyone. As I said, that 15% number could be adjusted if need be.
    as I pointed out before - your 15% becomes my 25% for some incomes. I do include SSA and Medicare as it has, for all intents and purposes, a mandatory tax.

  2. #12
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    45,968
    Thanks
    13341

    Quote Originally Posted by bonehead View Post
    please define your classifications by income level, if you don't mind.
    Probably similar to what they are now up to an income of a couple hundred thousand then an increase, by the time you get to a million 50% for every dime made over that with no deductions on anything.

  3. #13
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    45,968
    Thanks
    13341

    Quote Originally Posted by Spookycolt View Post
    I have not.

    The point I was making was a pure flat tax on everyone. As I said, that 15% number could be adjusted if need be.
    You haven't a clue concerning economics. 15% on those in poverty just means we give it back to them in welfare and the rich continue to fuck the country as bad if not worse than they do now. Most of the middle class will see a cut in taxes, our revenue would drop like a rock, it is wholistically fucking stupid.
    Thanks from NeoVsMatrix

  4. #14
    Inside Your Heads syrenn's Avatar
    Joined
    Feb 2015
    Posts
    13,517
    Thanks
    6651

    From
    the sadness of my soul
    Quote Originally Posted by bonehead View Post
    well, here's your chance to discuss a new tax plan for America. now, I'm not saying this is the best tax proposal ever, it's a fair and reasonable approach to taxes. this has everybody with a stake in the system without an attempt to punish anyone else. it doesn't have a "rich tax" to unfairly attempt to re-distribute wealth. maybe it's too simple - but that's what discussions are all about.

    for all citizens:
    income is considered any compensations received from others. plain and simple. wages, stock options, payments by others for goods or services for you - all included.

    for employees:
    all compensations are taxable in excess of $ 40,000 for individuals, $60,000 for families or individuals with dependents. individuals are subject to 10% tax stating from $0 to cover medicare and medicaid up till the limit based on current standards. after the excess deductible, all compensation will be taxed at 25% in excess of such applicable excess deductible. the EITC will be eliminated. there will be no deductions or exemptions for individuals.

    for employers:
    all businesses get the $60,000 deductible. they may deduct the actual cost of labor and raw materials used in their business. they may also deduct all compensations paid to employees for benefits. they may not deduct the 10% matching contribution for social security and medicare. all income from business will also be taxed at 25% for income over the deductible.

    so, there it is. it's not a tax plan - it's a proposal for discussion.


    Flat tax

    30% out of EVERYONE.... no exemptions or exceptions. If you are not paying taxes, and on entitlements.... all entitlements are cut back 30%.


    take the same skin off of everyone.
    Thanks from carpe diem

  5. #15
    Inside Your Heads syrenn's Avatar
    Joined
    Feb 2015
    Posts
    13,517
    Thanks
    6651

    From
    the sadness of my soul
    Quote Originally Posted by Spookycolt View Post
    How about this.

    We remove every tax law from the books.

    From now on everyone and every business pays a 15% tax on all income earned every year.

    The only ones exempted are those who get Social Security.

    15% is not enough.

  6. #16
    Veteran Member
    Joined
    Feb 2011
    Posts
    14,210
    Thanks
    3814

    From
    AK
    Liberal jackasses: "I refuse to acknowledge there is any such thing as a negative economic consequence of a too-high tax rate. Therefore I propose outrageously high tax rates on everyone who has more money than I personally feel like they need."

    Conservative jackasses: "I refuse to acknowledge there is any such thing as a negative economic or government-debt consequence of a too-low tax rate. Therefore I propose extremely low tax rates and declare government can and should simply slash its spending on anything and everything."
    Thanks from metheron and BigLeRoy

  7. #17
    Veteran Member
    Joined
    Feb 2011
    Posts
    14,210
    Thanks
    3814

    From
    AK
    Quote Originally Posted by Pragmatist View Post
    I have a better one. If you live in poverty you pay nothing because you can't.
    So consumption taxes, property taxes and excise taxes should be illegal?

    If the govt runs a deficit all those taxes go up and if we have a surplus it goes down.
    Every modern economist in the world will tell you you have that wrong/backwards, as far as the federal government is concerned. In recessionary times, the federal government wants, no, needs to run a deficit, and uses tax cuts to achieve that, including the Obama & Pals.

    We pay our fucking bills.
    Not at the federal level we don't.
    Thanks from BigLeRoy

  8. #18
    Moderator libertariat720's Avatar
    Joined
    Oct 2015
    Posts
    7,106
    Thanks
    2227

    From
    ohio
    I like the idea of having a negative income tax and getting rid of entitlements.

  9. #19
    Veteran Member
    Joined
    Feb 2011
    Posts
    14,210
    Thanks
    3814

    From
    AK
    Quote Originally Posted by libertariat720 View Post
    I like the idea of having a negative income tax and getting rid of entitlements.
    Repeal SS, Medicare, Medicaid, SCHIP, PPACA, EMTALA, SNAP, all of it? Really?
    Thanks from BigLeRoy

  10. #20
    Proud deplorable Bigot Outdraw Poker Champion, Colinks :Swap Champion
    Joined
    Nov 2006
    Posts
    14,247
    Thanks
    3080

    From
    MI
    Quote Originally Posted by Pragmatist View Post
    I have a better one. If you live in poverty you pay nothing because you can't.
    If you have a modest income you pay a modest income tax.
    If you are incredibly rich you pay an incredibly high tax rate.

    If the govt runs a deficit all those taxes go up and if we have a surplus it goes down. We pay our fucking bills.
    What I appreciate about your response is that you give no figures or percentages. We don't have clue what we would need per taxpayer. I have a hard time having a serious discussion arguing dollar amounts or percentages when none of us have a clue.

Page 2 of 16 FirstFirst 123412 ... LastLast

Similar Threads

  1. do u think bill clinton's affairs are "fair game" in this election.
    By the watchman in forum Political Discussion
    Replies: 202
    Last Post: 4th October 2016, 01:01 PM
  2. Replies: 79
    Last Post: 16th July 2016, 05:30 PM
  3. Replies: 18
    Last Post: 14th December 2014, 02:01 PM
  4. Replies: 48
    Last Post: 6th December 2012, 06:17 AM
  5. A new "Modest Proposal" for American politicsl
    By Rasselas in forum Political Discussion
    Replies: 2
    Last Post: 5th February 2012, 02:19 PM

Search tags for this page

Click on a term to search for related topics.

Tags for this Thread


Facebook Twitter RSS Feed