Max income tax rate

Shrugs......the birther fantasy just gets more and more emotional. And less and less plausible.

Pity you weren't able to read His book - "Dreams FROM My Father". Maybe you could find an adult who wouldn't mind sounding out the words for you!

And where in his book did he talk about how learning from his father a 100% tax rate?

Because I'm pretty sure you made that shit up.

But again, I'm speaking to a birther. Batshit comes with the territory.
 
15% flat tax for everyone - for income, dividends, and capital gains. Get rid of SS and medicare taxes. No deductions. No tax credits. No complicated tax code. No favors for Big Government Cronies. No politicized IRS.

Period.


agree, but 15% is probably too low, maybe 17% or 18%, and it should apply to all income, from $1 to the maximum income of any american, no exemptions, no deductions, ALL income.


15% is not too low. If anything, it might be too high. Once the federal apparatus used to redistribute income is removed, the cost of government will drop. Add to that the economic growth that will arise from tax simplification...and overall tax receipts should increase, although they will be a lower ratio of the economy.


I hope you are right, but history says otherwise.


History shows the government debasing currency, taking on excessive debt, and funneling money to its cronies. Unless we remove the opportunities for graft, then the problem will continue.
The Russians adopted a flat 13% rate. It's been plenty.
Lower rates reduce incentives to cheat, use loopholes or otherwise engage in behavior that reduces both revenue to the government and output to the economy.
 
15% flat tax for everyone - for income, dividends, and capital gains. Get rid of SS and medicare taxes. No deductions. No tax credits. No complicated tax code. No favors for Big Government Cronies. No politicized IRS.

Period.


agree, but 15% is probably too low, maybe 17% or 18%, and it should apply to all income, from $1 to the maximum income of any american, no exemptions, no deductions, ALL income.


15% is not too low. If anything, it might be too high. Once the federal apparatus used to redistribute income is removed, the cost of government will drop. Add to that the economic growth that will arise from tax simplification...and overall tax receipts should increase, although they will be a lower ratio of the economy.


I hope you are right, but history says otherwise.


History shows the government debasing currency, taking on excessive debt, and funneling money to its cronies. Unless we remove the opportunities for graft, then the problem will continue.
The Russians adopted a flat 13% rate. It's been plenty.
Lower rates reduce incentives to cheat, use loopholes or otherwise engage in behavior that reduces both revenue to the government and output to the economy.

What is it with our little Pravda that modern conservatives have become. Its almost fawning hero worship of Russia, and loathing of the United States. With our conservatives siding with Russia on everything from their treatment of minorities, their criminalization of gays, their military invasions.....and now their tax system.

Anything you want to tell us, comrade?
 
agree, but 15% is probably too low, maybe 17% or 18%, and it should apply to all income, from $1 to the maximum income of any american, no exemptions, no deductions, ALL income.


15% is not too low. If anything, it might be too high. Once the federal apparatus used to redistribute income is removed, the cost of government will drop. Add to that the economic growth that will arise from tax simplification...and overall tax receipts should increase, although they will be a lower ratio of the economy.


I hope you are right, but history says otherwise.


History shows the government debasing currency, taking on excessive debt, and funneling money to its cronies. Unless we remove the opportunities for graft, then the problem will continue.
The Russians adopted a flat 13% rate. It's been plenty.
Lower rates reduce incentives to cheat, use loopholes or otherwise engage in behavior that reduces both revenue to the government and output to the economy.

What is it with our little Pravda that modern conservatives have become. Its almost fawning hero worship of Russia, and loathing of the United States. With our conservatives siding with Russia on everything from their treatment of minorities, their criminalization of gays, their military invasions.....and now their tax system.

Anything you want to tell us, comrade?
Yes. You are an idiot of the first order. You cannot deny that Russia, which spends plenty of money, has benefitted by adopting a flat tax lower than the one proposed here. You merely deflect to irrelevance. Because you're stupid. Oops, look! Squirrel!
 
15% flat tax for everyone - for income, dividends, and capital gains. Get rid of SS and medicare taxes. No deductions. No tax credits. No complicated tax code. No favors for Big Government Cronies. No politicized IRS.

Period.

That probably wouldn't cover our tax needs.
Proof?

Like it will matter. You don't read. But for those who do:

Ted Cruz s flat tax couldn t even work in your imagination - The Washington Post
 
15% flat tax for everyone - for income, dividends, and capital gains. Get rid of SS and medicare taxes. No deductions. No tax credits. No complicated tax code. No favors for Big Government Cronies. No politicized IRS.

Period.

That probably wouldn't cover our tax needs.
Proof?

Like it will matter. You don't read. But for those who do:

Ted Cruz s flat tax couldn t even work in your imagination - The Washington Post
Wow a partisan hit piece in a block that whines incessantly about "cutting taxes for the rich" but never gets around to substantiating why it wouldnt work.
Fail.
You're really an embarassment.
 
And where in his book did he talk about how learning from his father a 100% tax rate?

Because I'm pretty sure you made that shit up.

But again, I'm speaking to a birther. Batshit comes with the territory.

Sad to see there was no adult available to help you even find His book let alone sound out the words for you. That's so pitiful that I'll, just this once, help just a bit......

Here is a tool to allow you to answer your own question. I do hope you can figure out how to use it.

How Obama Thinks - Forbes
Sep 9, 2010 ... Notice that his title is not Dreams of My Father but rather Dreams from ... is nothing that can stop the government from taxing 100% of income so ...
www.forbes.com/.../politics-socialism-capitalism-private-enterprises-obama- business-problem.html


Perhaps there is somebody at the public library where you blog who can help you if the challenge is too great......they generally don't expect tips.
 
And where in his book did he talk about how learning from his father a 100% tax rate?

Because I'm pretty sure you made that shit up.

But again, I'm speaking to a birther. Batshit comes with the territory.

Here is a tool to allow you to answer your own question. I do hope you can figure out how to use it.

How Obama Thinks - Forbes
Sep 9, 2010 ... Notice that his title is not Dreams of My Father but rather Dreams from ... is nothing that can stop the government from taxing 100% of income so ...
www.forbes.com/.../politics-socialism-capitalism-private-enterprises-obama- business-problem.html


Perhaps there is somebody at the public library where you blog who can help you if the challenge is too great......they generally don't expect tips.

And where in the book does it say that Obama learned a 100% tax rate from his father?

Name the page. I've a PDF of the book right here. I'll check to see if you're right.
 
And where in the book does it say that Obama learned a 100% tax rate from his father?

Name the page. I've a PDF of the book right here. I'll check to see if you're right.

Your inability to read is not my concern.

Pity there are no adults around to assist.

Maybe tomorrow?

Your link is dead. So there's nothing to read. You haven't cited Obama on a '100% tax rate'. You haven't cited his book.

You've cited yourself. And you're nobody.

Try again. This time with the actual quote and the actual page number.
 
Your link is dead. So there's nothing to read. You haven't cited Obama on a '100% tax rate'. You haven't cited his book.

You've cited yourself. And you're nobody.

Try again. This time with the actual quote and the actual page number.

Really?

I just tried the link and it worked fine. BUT there is a header which tells you my must wait 3-seconds before continuing to the content. An inability to count might explain your difficulty?

But, OK, I'm moved by your plight and do understand that you may find "exercising" a link beyond your ability.

So I'll throw you a bone:

Like Father, Like Son – Obama’s Father: Government 100% Taxation of Income OK

October 27, 2008 by Editor
Investor’s Business Daily | Aug. 14, 2008


As a Nairobi bureaucrat, Barack Hussein Obama Sr. advised the pro-Western Kenyan government there to “redistribute” income through higher taxes. He also demonized corporations and called for massive government “investment” in social programs.


Writing in a 1965 scholarly paper, Obama’s late father slammed the administration of then-President Jomo Kenyatta for moving the Third World country away from socialism toward capitalism. He chafed at the idea of relying on private investors — who earn “dividends” on their venture capital — to develop the country’s fledgling economy.


“What is more important is to find means by which we can redistribute our economic gains to the benefit of all,” said the senior Obama, a Harvard-educated economist. “This is the government’s obligation.”


The “means” he had in mind were confiscatory taxes on a scale that redefines the term “progressive taxation.”


“Theoretically,” he wrote, “there is nothing that can stop the government from taxing 100% of income so long as the people get benefits from the government commensurate with their income which is taxed.”


Therefore, he added, “I do not see why the government cannot tax those who have more and syphon some of these revenues into savings which can be utilized in investment for future development.”


As Obama’s father saw it, taxes couldn’t be high enough, so long as the collective benefited. “Certainly there is no limit to taxation if the benefits derived from public services by society measure up to the cost in taxation which they have to pay,” he said. “It is a fallacy to say that there is this limit, and it is a fallacy to rely mainly on individual free enterprise to get the savings.”


Now it is true that this SECOND source does not make the book connection so you'll just have to figure out how to use the one I so graciously provided. Or, just go back to the couch and play a video game instead.
 
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Tax rate oughta be such that everybody has skin in the game. So that everybody pays income tax whether employed or not. All at the same rate. That way nobody gets a free ride; everybody feels it when their elected representatives try to grab more. Within two election cycles the whole outlook of government would change.
NO IT SHOULD NOT, and it has NEVER in the History of the USA been that way....

When Income tax began, the income tax Standard Deduction was the equivalent of $65,000....in today's dollars. MOST Americans DID NOT have to pay any income tax.... it was only those with the MEANS to pay income tax that had to pay income tax....otherwise, it was thought of as INHUMANE.
And now everyone pays income tax from the lowest worker to the highest – they just pay a higher percentage if they are at the bottom and do not make capital gains.
And a flat tax rate is bad how?
 
And where in his book did he talk about how learning from his father a 100% tax rate?

Because I'm pretty sure you made that shit up.

But again, I'm speaking to a birther. Batshit comes with the territory.

Here is a tool to allow you to answer your own question. I do hope you can figure out how to use it.

How Obama Thinks - Forbes
Sep 9, 2010 ... Notice that his title is not Dreams of My Father but rather Dreams from ... is nothing that can stop the government from taxing 100% of income so ...
www.forbes.com/.../politics-socialism-capitalism-private-enterprises-obama- business-problem.html


Perhaps there is somebody at the public library where you blog who can help you if the challenge is too great......they generally don't expect tips.

And where in the book does it say that Obama learned a 100% tax rate from his father?

Name the page. I've a PDF of the book right here. I'll check to see if you're right.
ctrl+f
If you have the book it should be easy to locate.
 
15% flat tax for everyone - for income, dividends, and capital gains. Get rid of SS and medicare taxes. No deductions. No tax credits. No complicated tax code. No favors for Big Government Cronies. No politicized IRS.

Period.


agree, but 15% is probably too low, maybe 17% or 18%, and it should apply to all income, from $1 to the maximum income of any american, no exemptions, no deductions, ALL income.


15% is not too low. If anything, it might be too high. Once the federal apparatus used to redistribute income is removed, the cost of government will drop. Add to that the economic growth that will arise from tax simplification...and overall tax receipts should increase, although they will be a lower ratio of the economy.


I hope you are right, but history says otherwise.


History shows the government debasing currency, taking on excessive debt, and funneling money to its cronies. Unless we remove the opportunities for graft, then the problem will continue.
The Russians adopted a flat 13% rate. It's been plenty.
Lower rates reduce incentives to cheat, use loopholes or otherwise engage in behavior that reduces both revenue to the government and output to the economy.

Russia also has a VAT tax that accounts for almost a third of its revenue.

Do you really want a flat tax AND a VAT tax in the US?

lol
 
15% is not too low. If anything, it might be too high. Once the federal apparatus used to redistribute income is removed, the cost of government will drop. Add to that the economic growth that will arise from tax simplification...and overall tax receipts should increase, although they will be a lower ratio of the economy.


I hope you are right, but history says otherwise.


History shows the government debasing currency, taking on excessive debt, and funneling money to its cronies. Unless we remove the opportunities for graft, then the problem will continue.
The Russians adopted a flat 13% rate. It's been plenty.
Lower rates reduce incentives to cheat, use loopholes or otherwise engage in behavior that reduces both revenue to the government and output to the economy.

What is it with our little Pravda that modern conservatives have become. Its almost fawning hero worship of Russia, and loathing of the United States. With our conservatives siding with Russia on everything from their treatment of minorities, their criminalization of gays, their military invasions.....and now their tax system.

Anything you want to tell us, comrade?
Yes. You are an idiot of the first order. You cannot deny that Russia, which spends plenty of money, has benefitted by adopting a flat tax lower than the one proposed here. You merely deflect to irrelevance. Because you're stupid. Oops, look! Squirrel!

This is an awful lot of argument over the actual number when that really is irrelevant. The percentage is whatever it needs to be. If it is to high people will demand it be lowered and spending adjusted. Right now that never happens because the tax code is a convoluted mess that no one actually knows what they pay in taxes.
 
You want tax simplification?

Make it a flat progressive tax with no itemized deductions, only the same Standard deduction for everyone...you can lower the tax rates on all brackets.
 
15% flat tax for everyone - for income, dividends, and capital gains. Get rid of SS and medicare taxes. No deductions. No tax credits. No complicated tax code. No favors for Big Government Cronies. No politicized IRS.

Period.
I second this post.
 
15% flat tax for everyone - for income, dividends, and capital gains. Get rid of SS and medicare taxes. No deductions. No tax credits. No complicated tax code. No favors for Big Government Cronies. No politicized IRS.

Peri
15% flat tax for everyone - for income, dividends, and capital gains. Get rid of SS and medicare taxes. No deductions. No tax credits. No complicated tax code. No favors for Big Government Cronies. No politicized IRS.

Period.
I second this post.
The thing is, a 15% flat rate is impossible....right now our payroll taxes and employer matches on social Security and Medicare is over 15% and that's without paying for a single thing other than Social Security and Medicare, and doesn't even pay for the pill bill part of Medicare.

Where's the money to actually run the federal government come from?
 
You want tax simplification?

Make it a flat progressive tax with no itemized deductions, only the same Standard deduction for everyone...you can lower the tax rates on all brackets.


Just wondering. Why do you feel that rich people should pay a higher tax rate? What is the objection to the same tax rate for everyone?

Lets just use 10% to make the math easy, OK?

Now a person making $20,000 would pay $2000, a person making $200,000,000 (like the clintons and romneys) would pay $20,000,000. The rich would pay more but everyone whould have skin in the game.

What specifically is your objection to a flat tax rate?
 

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