eagle1462010
Diamond Member
- May 17, 2013
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Everyone should have skin in the game............and the business taxes would still be there..................It is inhumane to make everyone have a "stake" in the game on Federal Taxes....when State taxes are regressive and a much higher percentage of the person making 20k a year is going towards State sales taxes and state income taxes and State Property taxes in many many States....this also is running our government....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?
and cigarette taxes are collected primarily from the poor and liquor taxes and lotto money is taxes on those working for a living as well although voluntary...it is still funding the gvt....both federal and State.
the progressive federal income tax, levels the playing field when combining what the government collects from us.
Also, someone making 20 k is also paying 15% of their salary in social security and medicare taxes with employer contributions included, on every dime they make, verses the wealthiest only paying those taxes up to 100k of salary or so, if NOT paying any at all, like a Romney or a Clinton now....
And on top of all of this, the person making 20k GROSS, can hardly survive...
we should be taxed according to ones means...and those at the bottom should NOT be taxed federally, they are already being taxed by the State government and the federal government for SS and Medicare, and ciggie taxes and liquor taxes,....they never were taxed when income taxes were instituted...the Standard Deduction was the equivalent of $65,ooo per person, before any income was taxed, even for the very wealthy, their first $65k was not taxed....
It's bull crud that you guys think
No representation without taxation!
(so everyone has a stake in the game you claim)
You are turning our History on it's head.
the Term our founder's stood by was,
NO TAXATION WITHOUT REPRESENTATION
I don't think those who earn the least should have to pay federal income taxes, because they don't have the means to do such....after all the other government taxes collected from them....it's inhumane.
It's inhumane to continue spending beyond our means and destroying the value of the dollar...............
It's also about creating jobs......and under regressive tax systems it kills jobs....................what the poor need are opportunities to advance...............and there has to be jobs to do so..........so they can make more money................
Big money is investing overseas and not here..............a lot being the regs, cost of production and tax rates.....................in combination with straight forward flat taxes we can start raising revenue via tariffs again............which worked for 200 years.............but it is a different discussion..........
Government - Interest Expense on the Debt Outstanding
430 Billion spent on Interest payments on the debt and rising.............
Destroy our economy and the value of the dollar and you destroy the nation...............which is the path we are on................and EVERY AMERICAN has SKIN IN THAT GAME..................
We need to reverse course....................What's not fair is kicking the can down the road so it's even worse......................which needs ending the spending beyond means in Gov't and restoring our economic viability.............
We strenghten the dollar we increase it's buying power..........but today we and other countries are puposely devaluating the currency for trade purposes....................It's like we are dummies in a crash test knowing the end but refusing to hit the brakes.