Page 6 of 16 FirstFirst ... 45678 ... LastLast
Results 51 to 60 of 151
Thanks Tree38Thanks

Thread: The "fair and resonable" tax proposal

  1. #51
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    45,136
    Thanks
    13077

    Quote Originally Posted by bonehead View Post
    I would use the current expenditures to make an estimate. any cuts in that would make an improvement. there is a history of expenditures we can use. but, my goal is to provide the revenues to fund the programs we are all discussing for the citizens, so my numbers are high based on the current ones.
    What are our current expenditures and how much revenue will your tax plan generate? All you have to do is multiply the numbers have you done that yet?

  2. #52
    Veteran Member bonehead's Avatar
    Joined
    Jan 2014
    Posts
    14,172
    Thanks
    5251

    From
    south
    Quote Originally Posted by Pragmatist View Post
    All you have to do is multiply the numbers? How many are in each group and what are the deductions? How many in each of those groups get what deductions and how much are they going to be? If all you have to do is multiply the numbers then what will be our total revenue with your tax code? Now, what is our total spending?
    you didn't read the initial proposal? there are no deductions or exemptions for all taxpayers. that's none - nada.

  3. #53
    Veteran Member Pragmatist's Avatar
    Joined
    Nov 2006
    Posts
    45,136
    Thanks
    13077

    Quote Originally Posted by bonehead View Post
    you didn't read the initial proposal? there are no deductions or exemptions for all taxpayers. that's none - nada.
    So the single guy pays 30% and the one with four children and a wife to support pays the exact same tax? That doesn't appear ludicrously fucking stupid to you?

  4. #54
    Veteran Member bonehead's Avatar
    Joined
    Jan 2014
    Posts
    14,172
    Thanks
    5251

    From
    south
    Quote Originally Posted by Pragmatist View Post
    So the single guy pays 30% and the one with four children and a wife to support pays the exact same tax? That doesn't appear ludicrously fucking stupid to you?
    read the proposal. understand what was written. taxes do not care if you have one child or twenty - that's a personal decision which you can control. if you can't, don't expect to be rewarded for your mistake. personal responsibility is required.

  5. #55
    Veteran Member TNVolunteer73's Avatar
    Joined
    Nov 2014
    Posts
    29,398
    Thanks
    7611

    From
    TN
    8-12% sales tax, (food, housing exempt) no other taxes cut freeze spending at 2014 levels.

  6. #56
    Veteran Member TNVolunteer73's Avatar
    Joined
    Nov 2014
    Posts
    29,398
    Thanks
    7611

    From
    TN
    Quote Originally Posted by bonehead View Post
    read the proposal. understand what was written. taxes do not care if you have one child or twenty - that's a personal decision which you can control. if you can't, don't expect to be rewarded for your mistake. personal responsibility is required.
    or if you give to charity, or not, or if you invest to not.

    Sales taxes also promote SAVING, which the nation is in vital need of people to SAVE money in case of hard times, and future purchases, emergencies.

  7. #57
    Veteran Member bonehead's Avatar
    Joined
    Jan 2014
    Posts
    14,172
    Thanks
    5251

    From
    south
    Quote Originally Posted by TNVolunteer73 View Post
    8-12% sales tax, (food, housing exempt) no other taxes cut freeze spending at 2014 levels.
    I'm talking federal taxes only. and, although I didn't state that in the opening comment, I would propose a limit on the amount states could tax their citizens.

  8. #58
    Veteran Member bonehead's Avatar
    Joined
    Jan 2014
    Posts
    14,172
    Thanks
    5251

    From
    south
    Quote Originally Posted by TNVolunteer73 View Post
    or if you give to charity, or not, or if you invest to not.

    Sales taxes also promote SAVING, which the nation is in vital need of people to SAVE money in case of hard times, and future purchases, emergencies.
    are you saying that taxation is a method the regulate how the citizens are to conduct their personal affairs? I'm kinda confused here.

  9. #59
    RNG
    RNG is offline
    Moderator RNG's Avatar
    Joined
    Jan 2015
    Posts
    8,142
    Thanks
    4705

    From
    Canada, West Coast
    Quote Originally Posted by Pragmatist View Post
    If one really wants to know the biggest reason we are 20 trillion in debt all they have to do is look at this chart.





    Everyone on the right likes to say Reagan was great for cutting taxes. That's right, he cut the tax rate on the rich to 50%. What is it now?

    My proposition? Go back to the tax rates we had in 1970 and those saying we can't do that or the rich will leave I would say what the fuck were they doing here in 1970?
    Those numbers are meaningless without a detailed view of what is considered taxable income and what deductions are allowed. What was the actual percentage of all income and revenue the "rich" paid when the nominal rate was 90%?

  10. #60
    RNG
    RNG is offline
    Moderator RNG's Avatar
    Joined
    Jan 2015
    Posts
    8,142
    Thanks
    4705

    From
    Canada, West Coast
    Quote Originally Posted by Pragmatist View Post
    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.
    A flat tax with a base deductible and as I said, an all inclusive definition of income and an elimination of deductions, IMO would work.
    Thanks from bonehead

Page 6 of 16 FirstFirst ... 45678 ... 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, 12:01 PM
  2. Replies: 79
    Last Post: 16th July 2016, 04:30 PM
  3. Replies: 18
    Last Post: 14th December 2014, 01:01 PM
  4. Replies: 48
    Last Post: 6th December 2012, 05:17 AM
  5. A new "Modest Proposal" for American politicsl
    By Rasselas in forum Political Discussion
    Replies: 2
    Last Post: 5th February 2012, 01:19 PM

Search tags for this page

Click on a term to search for related topics.

Tags for this Thread


Facebook Twitter RSS Feed