LoneLaugher
Diamond Member
If you own you own biz . What's your income ?
Nobody knows that but me and my accountant.
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If you own you own biz . What's your income ?
If you own you own biz . What's your income ?
Nobody knows that but me and my accountant.
Not if the accountant can help it.If you own you own biz . What's your income ?
Nobody knows that but me and my accountant.
Can you fit it on a postcard?
If you own you own biz . What's your income ?
Nobody knows that but me and my accountant.
Can you fit it on a postcard?
Basically, we today have a tax structure chock full of tax expenditures, and several tax rates which depend on your income.
With the current system, we have managed to run up an 18 trillion dollar debt, give or take.
With Ted Cruz's tax plan, you still have those tax expenditures (itemized deductions, plus tax credits), and a LOWER tax rate for everyone.
Gee, will that increase or decrease deficits?
D'oh!
Yep. That is an annual $80 billion transfer of wealth from the pockets of homeowners into the pockets of bankers, realtors, and home builders.Basically, we today have a tax structure chock full of tax expenditures, and several tax rates which depend on your income.
With the current system, we have managed to run up an 18 trillion dollar debt, give or take.
With Ted Cruz's tax plan, you still have those tax expenditures (itemized deductions, plus tax credits), and a LOWER tax rate for everyone.
Gee, will that increase or decrease deficits?
D'oh!
It obviously keeps the mortgage interest deduction, the not-poor man's welfare.
I like it if everyone is paying the same 10%.
Every American has a vested interest in America equally, so we should all pay.
I like it if everyone is paying the same 10%.
Every American has a vested interest in America equally, so we should all pay.
I think we should all split the federal tax bill equally. That's the only fair method. Take the total required tax amount, divide it by the number of adult citizens, and that's the amount that everyone pays.
That's because you're mentally retarded.
That's because you're mentally retarded.
Argumentum ad hominem. That's really all you've got? Pathetic.
You want to charge Americans a tax amount that exceeds the amount of income they actually have.
That makes you a retard.
You want to charge Americans a tax amount that exceeds the amount of income they actually have.
Perhaps the federal government could offer loans to those who don't have the ability to pay their fair share. Or concerned citizens like yourself could form charitable foundations that could pay the taxes of those who can't pay their fair share.
That makes you a retard.
Again with the ad hominem. Weak sauce.
Sure they do. When Congress refused to pass Reagan's tax cuts, he went to the people and told them to call their Congressman and tell them to vote for it. They did, and Congress passed the tax cuts. Tip O'neill was livid but there wasn't a damn thing he could do about it. The people have the final say (so far).The thing is an outsider doesn't have the ability to force congress to do anything anymore than an insider does.We hear that every four years and it never happens. This is why the voters are fed up and want an outsider. Nobody seems to get that.“Imagine 4.9 million new jobs. Instead of Obama’s income stagnation, imagine average wages rising 12.2 percent over the next decade. Capital investment rising 43.9 percent. And every income-level seeing double-digit increases in after-tax income. Imagine exports and manufacturing jobs booming. Our trade deficit falling as the tax bias against American made goods is eliminated. Imagine a 10 percent income tax, with every American filling out his or her taxes on a postcard or iPhone app. And abolishing the IRS as we know it.” – Ted Cruz
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The Simple Flat Tax Plan | Cruz for President
You're the idiot who proposed a tax system that would take ALL of the income of many low income people and additionally would leave some owing money.
You're the idiot who proposed a tax system that would take ALL of the income of many low income people and additionally would leave some owing money.
I'm laying out the fairest way of dividing the cost of the federal government, namely splitting the cost equally among all adult citizens. If the federal tax burden is too much for some, it seems reasonable that those who can't pay their share might be subsidized in some way, either by the federal government or by private organizations.
What are you, ten years old?I like it if everyone is paying the same 10%.
Every American has a vested interest in America equally, so we should all pay.
I think we should all split the federal tax bill equally. That's the only fair method. Take the total required tax amount, divide it by the number of adult citizens, and that's the amount that everyone pays.
You want to charge Americans a tax amount that exceeds the amount of income they actually have.
Or concerned citizens like yourself could form charitable foundations that could pay the taxes of those who can't pay their fair share.