Page 4 of 16 FirstFirst ... 2345614 ... LastLast
Results 31 to 40 of 151
Thanks Tree38Thanks

Thread: The "fair and resonable" tax proposal

  1. #31
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    46,498
    Thanks
    13577

    Quote Originally Posted by metheron View Post
    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.
    It's a little more complex than spitting out numbers without answering numerous questions concerning what we currently spend and what our current revenue is. You want numbers go to the chart I posted, I'd start with immediately returning to the tax rates of 1975 when our GDP was twice what it is now and see how things shake out.

  2. #32
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    46,498
    Thanks
    13577

    Quote Originally Posted by libertariat720 View Post
    You wouldn't be able to do that over night but if there was a basic income, yeah.
    Sounds like a good way to see just how high we can drive the poverty rate in this country. With any luck we could drive it to 50% and the next election put a Hugo Chavez in office.

  3. #33
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    46,498
    Thanks
    13577

    Quote Originally Posted by libertariat720 View Post
    I'm not an anarcho-capitalist, but maybe an AnCap sympathizer. The Machinery of Freedom is one of my favorite books.
    No, I'd say you are just a blithering idiot.

  4. #34
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    46,498
    Thanks
    13577

    Quote Originally Posted by RNG View Post
    These numbers are somewhat out of date but about 5 years ago there was a surprisingly strong movement to implement a VAT in the US called FairTax.org. I'm not sure if they exist any more. They did some fairly serious calculations and came up with the following.

    First, everyone, paupers and billionaires would be given a "prebate" of $25,000 each year, IIRC. Then all other taxes would be revoked and a VAT on ALL purchases would be set at 27%.

    They had calculations to show that the 27% would be revenue neutral.

    I didn't like it because the wealthy, who put their cash into offshore entities of any type, even buying a French-built yacht would escape the tax. If they included putting the VAT on purchases of investments and offshore purchases it might work but then why not just flat tax ALL income and revenue. Simpler and would amount to the same thing in the end unless people just put their money in a savings account or their mattress.
    A flat tax at any rate will never work. The poor will never be able to pay what a flat tax would have to be in order to keep our heads above water and the rich would never be paying enough. A VAT would be a failure because the rich have the luxury of doing all their purchasing from their home in Bermuda or some other place outside the country.

  5. #35
    Established Member libertariat720's Avatar
    Joined
    Oct 2015
    Posts
    7,128
    Thanks
    2240

    From
    ohio
    Quote Originally Posted by Pragmatist View Post
    I like the idea of having a test you must pass in order to vote so we don't have complete dumbshits having any say in how our country is run.
    And what would that test be, oh wise one?

    The Are You A Fascist? Test

  6. #36
    Established Member libertariat720's Avatar
    Joined
    Oct 2015
    Posts
    7,128
    Thanks
    2240

    From
    ohio
    You're on a roll there @Pragmatist. Late night bender or first call?

  7. #37
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    46,498
    Thanks
    13577

    Quote Originally Posted by libertariat720 View Post
    And what would that test be, oh wise one?

    The Are You A Fascist? Test
    I suppose Reagan was a fascist?

  8. #38
    Veteran Member bonehead's Avatar
    Joined
    Jan 2014
    Posts
    14,331
    Thanks
    5298

    From
    south
    Quote Originally Posted by Pragmatist View Post
    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.
    well, I was actually looking for hard numbers based on your idea of the classifications - not a textbook description. what are your numbers?

  9. #39
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    46,498
    Thanks
    13577

    Quote Originally Posted by Pragmatist View Post
    I suppose Reagan was a fascist?
    This is what the right has morphed in to. I'm sitting here saying we need to do practically the exact same thing Reagan did and today the right calls me a fascist for saying so. I thought they liked the guy?

  10. #40
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    46,498
    Thanks
    13577

    Quote Originally Posted by bonehead View Post
    well, I was actually looking for hard numbers based on your idea of the classifications - not a textbook description. what are your numbers?
    I am a chemist not an economist. Without knowing some hard numbers I can't speculate with hard numbers, that would be kinda stupid. Like I said, start with returning to the tax rates we had in 1975, is that hard enough?

Page 4 of 16 FirstFirst ... 2345614 ... 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