Flat Tax

[PaintMyHouse]

Your signature was never required, just this:

Welcome to your birthright, and the social contract.

That's not a valid contract, numskull.

Oh, butt (pun/bun intended), it is. Right and Responsibilities. It's a package deal, that you were born to my little infant.

A contract you haven't explicitly agreed to is invalid. That's a fundamental principle of law.

Not in this case. You didn't have to agree to be American, you were simply born that way. The same with being a member of American society, like it or not.

You belief that being born within certain political boundaries imposes any obligations on me is fallacious. It has no support in fact or logic. It's pure political mythology.

So, you weren't born an American, you had to wait until you were 18 and agreed to be, signed a written contract? What were you for the first 18 years then?

See, unlike you, I live in the real world, which is why I dismiss your nonsense appropriately: Blame Queen Elizabeth for Birthright Citizenship

And, them by choice, you by birth: Citizenship Rights and Responsibilities

 

[Rouge Rover]

Flat taxes are regressive.

No they're not.

 

[hangover]

The interest on the national debt is almost a trillion dollars per year. Pay off the debt, and everyone's taxes will be lower. Don't pay it and money becomes worthless. The debt must be paid by those that have the money....corporations and the rich. They ran up the debt, and should pay it off instead of leaving it for future generations. THERE ARE NO POOR IN CONGRESS!!

Just curious

What interest rate do we pay on our debt?

Tax payers have paid over $10 trillion in interest on the national debt since 1988.
Government - Interest Expense on the Debt Outstanding

 

[PaintMyHouse]

Flat taxes are regressive.

No they're not.

By definition...

 

[PaintMyHouse]

The interest on the national debt is almost a trillion dollars per year. Pay off the debt, and everyone's taxes will be lower. Don't pay it and money becomes worthless. The debt must be paid by those that have the money....corporations and the rich. They ran up the debt, and should pay it off instead of leaving it for future generations. THERE ARE NO POOR IN CONGRESS!!

Just curious

What interest rate do we pay on our debt?

Tax payers have paid over $10 trillion in interest on the national debt since 1988.
Government - Interest Expense on the Debt Outstanding

So?

 

[Rouge Rover]

Flat taxes are regressive.

No they're not.

By definition...

By definition a flat tax is constant.

 

[PaintMyHouse]

Flat taxes are regressive.

No they're not.

By definition...

By definition a flat tax is constant.

And regressive. Learns what that means...

Regressive tax
From Wikipedia, the free encyclopedia

A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.[1][2][3][4][5] "Regressive" describes a distribution effect on income or expenditure, referring to the way the rate progresses from high to low, so that the average tax rate exceeds the marginal tax rate.[6][7] In terms of individual income and wealth, a regressive tax imposes a greater burden (relative to resources) on the poor than on the rich: there is an inverse relationship between the tax rate and the taxpayer's ability to pay, as measured by assets, consumption, or income. These taxes tend to reduce the tax burden of the people with a higher ability to pay, as they shift the relative burden increasingly to those with a lower ability to pay.
Regressive tax - Wikipedia, the free encyclopedia

 

[hangover]

The interest on the national debt is almost a trillion dollars per year. Pay off the debt, and everyone's taxes will be lower. Don't pay it and money becomes worthless. The debt must be paid by those that have the money....corporations and the rich. They ran up the debt, and should pay it off instead of leaving it for future generations. THERE ARE NO POOR IN CONGRESS!!

Just curious

What interest rate do we pay on our debt?

Tax payers have paid over $10 trillion in interest on the national debt since 1988.
Government - Interest Expense on the Debt Outstanding

So?

So those that have the money must pay off the debt, so that their taxes would be lower. The Poor don't have the money, corporations have it. They are the ones that ran up the debt, they must pay it off if their businesses are to survive. Lower taxes only runs up the debt more, makes the interest on the debt more. Interest on the debt for the last four months is $147 billion +...it's in the link.

 

[PaintMyHouse]

The interest on the national debt is almost a trillion dollars per year. Pay off the debt, and everyone's taxes will be lower. Don't pay it and money becomes worthless. The debt must be paid by those that have the money....corporations and the rich. They ran up the debt, and should pay it off instead of leaving it for future generations. THERE ARE NO POOR IN CONGRESS!!

Just curious

What interest rate do we pay on our debt?

Tax payers have paid over $10 trillion in interest on the national debt since 1988.
Government - Interest Expense on the Debt Outstanding

So?

So those that have the money must pay off the debt, so that their taxes would be lower. The Poor don't have the money, corporations have it. They are the ones that ran up the debt, they must pay it off if their businesses are to survive. Lower taxes only runs up the debt more, makes the interest on the debt more. Interest on the debt for the last four months is $147 billion +...it's in the link.

That happens, when you borrow money instead of raising taxes and cuttings expenses to pay the bills.

 

[Rouge Rover]

Flat taxes are regressive.

No they're not.

By definition...

By definition a flat tax is constant.

And regressive. Learns what that means...

Regressive tax
From Wikipedia, the free encyclopedia

A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.[1][2][3][4][5] "Regressive" describes a distribution effect on income or expenditure, referring to the way the rate progresses from high to low, so that the average tax rate exceeds the marginal tax rate.[6][7] In terms of individual income and wealth, a regressive tax imposes a greater burden (relative to resources) on the poor than on the rich: there is an inverse relationship between the tax rate and the taxpayer's ability to pay, as measured by assets, consumption, or income. These taxes tend to reduce the tax burden of the people with a higher ability to pay, as they shift the relative burden increasingly to those with a lower ability to pay.
Regressive tax - Wikipedia, the free encyclopedia

Are you high? A flat tax rate doesn't decrease as you earn more.

 

[g5000]

Flat taxes are regressive.

No they're not.

By definition...

By definition a flat tax is constant.

A flat tax is constant in the amount it charges a poor person and a rich person, and that makes it extremely regressive.

You need to learn some basic economics if you are going to be talking about taxes.

 

[Rouge Rover]

Flat taxes are regressive.

No they're not.

By definition...

By definition a flat tax is constant.

A flat tax is constant in the amount it charges a poor person and a rich person, and that makes it extremely regressive.

You need to learn some basic economics if you are going to be talking about taxes.

I've already studied basic economics, I have my doubts about you two chuckleheads though.

 

[g5000]

Flat taxes are regressive.

No they're not.

By definition...

By definition a flat tax is constant.

A flat tax is constant in the amount it charges a poor person and a rich person, and that makes it extremely regressive.

You need to learn some basic economics if you are going to be talking about taxes.

I've already studied basic economics, I have my doubts about you two chuckleheads though.

If you've studied economics, as you claim, then you would know a flat tax is a regressive tax.

 

[Rouge Rover]

No they're not.

By definition...

By definition a flat tax is constant.

A flat tax is constant in the amount it charges a poor person and a rich person, and that makes it extremely regressive.

You need to learn some basic economics if you are going to be talking about taxes.

I've already studied basic economics, I have my doubts about you two chuckleheads though.

If you've studied economics, as you claim, then you would know a flat tax is a regressive tax.

OK, explain how a flat tax is regressive.

 

[g5000]

Here is how to understand a tax is regressive:

If it takes $10,000 to survive on the bare necessities, and you earn $10,000 in income, then have ten percent taxed away from you, you are left with $9,000 and don't have enough to survive.

If you earn $500,000 and have $50,000 taxed away from you, you not only have enough left over to survive, you have $440,000 left over for luxuries.

Both people were taxed the same rate, but the impact is much greater on one than the other.

That's a regressive tax.

 

[PaintMyHouse]

Are you high? A flat tax rate doesn't decrease as you earn more.

No, but the bite it takes out of you does. Two men, one making $1,000 a month and one $2,000 both buy $200 worth of food taxed at 10% each month. Which one paid, as a percentage of their income, more in taxes? That's what regressive is. It hits the poor harder than the rich.

To do the math divide 20 by 1,000 and 20 by 2,000. Now pick the higher number...

 

[PaintMyHouse]

By definition...

By definition a flat tax is constant.

A flat tax is constant in the amount it charges a poor person and a rich person, and that makes it extremely regressive.

You need to learn some basic economics if you are going to be talking about taxes.

I've already studied basic economics, I have my doubts about you two chuckleheads though.

If you've studied economics, as you claim, then you would know a flat tax is a regressive tax.

OK, explain how a flat tax is regressive.

Two good examples above...

 

[hangover]

The interest on the national debt is almost a trillion dollars per year. Pay off the debt, and everyone's taxes will be lower. Don't pay it and money becomes worthless. The debt must be paid by those that have the money....corporations and the rich. They ran up the debt, and should pay it off instead of leaving it for future generations. THERE ARE NO POOR IN CONGRESS!!

Wrong. Politicians ran up the debt. You couldn't hit the broad side of a barn from the inside.

We need to decrease spending like anybody or business would do if they were in debt. Only in government do they think it will fix itself.

What is it about "there are no poor in congress" that is over your head? Your con candidates are all advocating spending more and tripling the debt with WWIII, and building stupid walls that will only be dug under, and wasting trillions more for concentration camps for Mexicans and Muslims. It will also cost much more to imprison the elderly when Social Security and Medicare is destroyed. Social Security pays for itself, except that your con "politicians" stole $3 trillion from the fund.

 

[Rouge Rover]

Here is how to understand a tax is regressive:

If it takes $10,000 to survive on the bare necessities, and you earn $10,000 in income, then have ten percent taxed away from you, you are left with $9,000 and don't have enough to survive.

If you earn $500,000 and have $50,000 taxed away from you, you not only have enough left over to survive, you have plenty left over for luxuries.

Both people were taxed the same rate, but the impact is much greater on one than the other.

That's a regressive tax.

That's not regressive. In fact in your example the rich person paid far more than the poor person. If you're going to go with the position that equality hurts then I think you have to see both sides.

For the sake of argument let's say the average income is $50K. The tax rate on your first $50K is 20%. Everyone pays that, it's not unfair. Then we tax every dollar above $50K at 10%. That's a regressive tax and it's still not unfair because people who don't make more than $50K aren't taxed at all on non-existent earnings.

A flat tax doesn't lower the rate for upper level income. It's not regressive.

 

[Iceweasel]

The interest on the national debt is almost a trillion dollars per year. Pay off the debt, and everyone's taxes will be lower. Don't pay it and money becomes worthless. The debt must be paid by those that have the money....corporations and the rich. They ran up the debt, and should pay it off instead of leaving it for future generations. THERE ARE NO POOR IN CONGRESS!!

Wrong. Politicians ran up the debt. You couldn't hit the broad side of a barn from the inside.

We need to decrease spending like anybody or business would do if they were in debt. Only in government do they think it will fix itself.

What is it about "there are no poor in congress" that is over your head? Your con candidates are all advocating spending more and tripling the debt with WWIII, and building stupid walls that will only be dug under, and wasting trillions more for concentration camps for Mexicans and Muslims. It will also cost much more to imprison the elderly when Social Security and Medicare is destroyed. Social Security pays for itself, except that your con "politicians" stole $3 trillion from the fund.

blah blah blah ... Christ, nothing but diarrhea comes off your keyboard.