Flat Tax

[The Rabbi]

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.

G5k is one of the biggest shitheads on here. He doesnt know what he's blabbering about half the time. The other half he can get it right though so you have to read carefully,
Here his claim is that proportional taxation is actually regressive is simply laughable. Especially where every proposal calls for a base exemption.

 

[9aces]

Where is it then? When did I sign it?

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.

Oh? Well my people were born here. Yours immigrated, killed mine and stole what they had. Such is the way of the victors, as they write the history.

But don't tell me we agreed to be Americans under your rules.

 

[9aces]

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.

They aren't the ones who ran up the debt. Massive amounts of social spending on those who are NOT paying for it did. Your argument is they're not paying enough of other people's bills.

 

[9aces]

What about using taxes to encourage good behavior (investing in rural or downtrodden areas) or discourage bad behaviors (smoking ) .?

Don't u lose that in a flat system?

No. Because specific use taxes, such as as cigarette taxes, gas taxes are not affected.

 

[9aces]

Regressive = hurts the poor more, boys. That's not up for debate, just how to deal with that.

Which points out that a flat tax is not regressive. As no proposal I've seen is without an exemption for lower income earners.

So your little 10k argument is dead on arrival.

 

[The Rabbi]

What about using taxes to encourage good behavior (investing in rural or downtrodden areas) or discourage bad behaviors (smoking ) .?

Don't u lose that in a flat system?

THAT"S EXACTLY THE POINT!!!!

 

[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.

Oh? Well my people were born here. Yours immigrated, killed mine and stole what they had. Such is the way of the victors, as they write the history.

But don't tell me we agreed to be Americans under your rules.

My people were here to found the place. And you were born to both being an American, and the social contract that comes with such a thing. You can always leave but it didn't require you to do anything but breathe on your own...

 

[PaintMyHouse]

Regressive = hurts the poor more, boys. That's not up for debate, just how to deal with that.

Which points out that a flat tax is not regressive. As no proposal I've seen is without an exemption for lower income earners.

So your little 10k argument is dead on arrival.

The regressive tax isn't open for debate, just how to make it less so. Flat tax = regressive, not open for debate. Sun rises in the east, not open for debate.

 

[Rouge Rover]

Regressive = hurts the poor more, boys. That's not up for debate, just how to deal with that.

Which points out that a flat tax is not regressive. As no proposal I've seen is without an exemption for lower income earners.

So your little 10k argument is dead on arrival.

The regressive tax isn't open for debate, just how to make it less so. Flat tax = regressive, not open for debate. Sun rises in the east, not open for debate.

Sun rises in the East = not open for debate
You being economically illiterate = not open for debate

 

[PaintMyHouse]

How a tax becomes regressive:

The Payoff China Tax, each adult pays $100 per month.

Tax per year:
Adult A = $1,200 per year.
Adult B = $1,200 per year.
Adult C = $1,200 per year.

Income per year:
Adult A = $12,000 per year.
Adult B = $24,000 per year.
Adult C = $60,000 per year.

Effective tax rate:
Adult A = 10%
Adult B = 5%
Adult C = 2%

So, is someone paying 10% while others pay 5% and 2%. Is that fair, yes or no?

 

[PaintMyHouse]

Regressive = hurts the poor more, boys. That's not up for debate, just how to deal with that.

Which points out that a flat tax is not regressive. As no proposal I've seen is without an exemption for lower income earners.

So your little 10k argument is dead on arrival.

The regressive tax isn't open for debate, just how to make it less so. Flat tax = regressive, not open for debate. Sun rises in the east, not open for debate.

Sun rises in the East = not open for debate
You being economically illiterate = not open for debate

See above, my little moron. And, you're wrong, dead wrong.

 

[Rouge Rover]

How a tax becomes regressive:

The Payoff China Tax, each adult pays $100 per month.

Tax per year:
Adult A = $1,200 per year.
Adult B = $1,200 per year.
Adult C = $1,200 per year.

Income per year:
Adult A = $12,000 per year.
Adult B = $24,000 per year.
Adult C = $60,000 per year.

Effective tax rate:
Adult A = 10%
Adult B = 5%
Adult C = 2%

So, is someone paying 10% while others pay 5% and 2% fair, yes or no?

This relates to the flat tax proposal in what way? You don't wear desperation well.

 

[PaintMyHouse]

How a tax becomes regressive:

The Payoff China Tax, each adult pays $100 per month.

Tax per year:
Adult A = $1,200 per year.
Adult B = $1,200 per year.
Adult C = $1,200 per year.

Income per year:
Adult A = $12,000 per year.
Adult B = $24,000 per year.
Adult C = $60,000 per year.

Effective tax rate:
Adult A = 10%
Adult B = 5%
Adult C = 2%

So, is someone paying 10% while others pay 5% and 2% fair, yes or no?

This relates to the flat tax proposal in what way? You don't wear desperation well.

I'm not desperate at all. A flat tax can be a flat fee or a flat rate of tax. You need to understand "effective" tax rates, which mean after the tax is applied. That is how you understand the difference between a progressive tax and regressive tax. Believe it or not, it has to do with the price of an apple, and anything else. It's why graduated income taxes are, by definition, progressive while flat taxes (or fees) are always regressive.

 

[Rouge Rover]

How a tax becomes regressive:

The Payoff China Tax, each adult pays $100 per month.

Tax per year:
Adult A = $1,200 per year.
Adult B = $1,200 per year.
Adult C = $1,200 per year.

Income per year:
Adult A = $12,000 per year.
Adult B = $24,000 per year.
Adult C = $60,000 per year.

Effective tax rate:
Adult A = 10%
Adult B = 5%
Adult C = 2%

So, is someone paying 10% while others pay 5% and 2% fair, yes or no?

This relates to the flat tax proposal in what way? You don't wear desperation well.

I'm not desperate at all. A flat tax can be a flat fee or a flat rate of tax. You need to understand "effective" tax rates, which mean after the tax is applied. That is how you understand the difference between a progressive tax and regressive tax. Believe it or not, it has to do with the price of an apple, and anything else. It's why graduated income taxes are, by definition, progressive while flat taxes (or fees) are always regressive.

Which one are we talking about in America?

 

[PaintMyHouse]

How a tax becomes regressive:

The Payoff China Tax, each adult pays $100 per month.

Tax per year:
Adult A = $1,200 per year.
Adult B = $1,200 per year.
Adult C = $1,200 per year.

Income per year:
Adult A = $12,000 per year.
Adult B = $24,000 per year.
Adult C = $60,000 per year.

Effective tax rate:
Adult A = 10%
Adult B = 5%
Adult C = 2%

So, is someone paying 10% while others pay 5% and 2% fair, yes or no?

This relates to the flat tax proposal in what way? You don't wear desperation well.

I'm not desperate at all. A flat tax can be a flat fee or a flat rate of tax. You need to understand "effective" tax rates, which mean after the tax is applied. That is how you understand the difference between a progressive tax and regressive tax. Believe it or not, it has to do with the price of an apple, and anything else. It's why graduated income taxes are, by definition, progressive while flat taxes (or fees) are always regressive.

Which one are we talking about in America?

Doesn't matter. The logic is always the same. It's why progressive income taxes are considered fair, and flat taxes are not.

If a fishing license is $20 a year, and three people buy them but one makes a $1,000 a month, one $2,000 a month, and one $5,000 a month, as a percentage of their income, who paid more?

20/12,000 = ?
20/24,000 = ?
20/60,000 = ?

 

[The Rabbi]

How a tax becomes regressive:

The Payoff China Tax, each adult pays $100 per month.

Tax per year:
Adult A = $1,200 per year.
Adult B = $1,200 per year.
Adult C = $1,200 per year.

Income per year:
Adult A = $12,000 per year.
Adult B = $24,000 per year.
Adult C = $60,000 per year.

Effective tax rate:
Adult A = 10%
Adult B = 5%
Adult C = 2%

So, is someone paying 10% while others pay 5% and 2% fair, yes or no?

This relates to the flat tax proposal in what way? You don't wear desperation well.

Why are you bothering with someone who has the IQ of moldy jello? It is absurd to say a proportional tax is regressive.

 

[PaintMyHouse]

It is absurd to say a proportional tax is regressive.

It is, by definition. All flat taxes and fees are. The more you make, the less it hurts. See above.

 

[Rouge Rover]

How a tax becomes regressive:

The Payoff China Tax, each adult pays $100 per month.

Tax per year:
Adult A = $1,200 per year.
Adult B = $1,200 per year.
Adult C = $1,200 per year.

Income per year:
Adult A = $12,000 per year.
Adult B = $24,000 per year.
Adult C = $60,000 per year.

Effective tax rate:
Adult A = 10%
Adult B = 5%
Adult C = 2%

So, is someone paying 10% while others pay 5% and 2% fair, yes or no?

This relates to the flat tax proposal in what way? You don't wear desperation well.

Why are you bothering with someone who has the IQ of moldy jello? It is absurd to say a proportional tax is regressive.

Because I'm bored.

 

[PaintMyHouse]

Taxes, in the real world: Texas has the Third Most Regressive Tax System in the U.S.


Texas has the Third Most Regressive Tax System in the U.S.

By Emily Cadik on January 26, 2015 Featured, Social Justice

High-income earners in Texas pay some of the lowest state and local taxes compared to other states. But low-income earners pay for it.

The New York Times recently reported on the latest data from the Institute on Taxation and Economic Policy (ITEP) on how income relates to the share paid in state and local taxes.

Nationwide, the poorest 20 percent of Americans will pay an average of 10.9 percent of their income in state and local taxes in 2015, while the top 1 percent will pay an average of 5.4 percent. That means the share of income that the wealthiest are paying towards state and local taxes is roughly half the share of the lowest-income earners.

In Texas, the inequality is even worse. The top 1 percent only pay, on average, 2.9 percent of their income in state and local taxes – one of the lowest rates in the nation. Meanwhile, the lowest 20 percent of earners pay an average of 12.5 percent of their income in state and local taxes – one of the highest rates in the nation. That comes out to a tax burden for low-income earners that’s roughly 4.3 times as high as for the top 1 percent.

 

[The Rabbi]

How a tax becomes regressive:

The Payoff China Tax, each adult pays $100 per month.

Tax per year:
Adult A = $1,200 per year.
Adult B = $1,200 per year.
Adult C = $1,200 per year.

Income per year:
Adult A = $12,000 per year.
Adult B = $24,000 per year.
Adult C = $60,000 per year.

Effective tax rate:
Adult A = 10%
Adult B = 5%
Adult C = 2%

So, is someone paying 10% while others pay 5% and 2% fair, yes or no?

This relates to the flat tax proposal in what way? You don't wear desperation well.

Why are you bothering with someone who has the IQ of moldy jello? It is absurd to say a proportional tax is regressive.

Because I'm bored.

Try midget porn instead.