new progressive income tax

The suggestion is to establish a Regressive not progressive tax rate. Making more money is incitement enough.
 
There are several things wrong with a progressive tax.

1. It is unfair. Why should one person pay at a different rate than somebody else?

2. It punishes productivity and rewards non productivity.

3. It takes too much money out of the productive economy and finances the bloated unproductive government.

4. It is simply a greedy thing to do.
 
The suggestion is to establish a Regressive not progressive tax rate. Making more money is incitement enough.

The problem with a progressive income tax that increases is this. When a person makes more revenue they are not paying the same rate on old revenue. They are paying the new higher rate on revenue they were previously paying a lower rate. Let's say the increments are 10, 30, 70. Once a person crosses from 10 to 30 they now pay 30% on revenue they were only paying 10% on. So if you are only one dollar into the higher tax bracket you end upmoaying that rate on every other dollar before it which ends up being a huge tax increase.
 
Why not abolish the 16th Amendment entirely?

It's the worst cancer infecting our system. It needs to be cut out.


So, how do we pay for things, genius?


Idiots like you are the cancer.

Um, we don't...that's the whole point.

All of the bare necessities are already taken care of by specialized taxes (gas tax for highways for instance) and tariffs.

The federal government would be forced back to its Constitutional role.
 
And the far right now come out at noon, because they can no longer feed in the dark. The JBS Manifesto is no more accepted in America than is the Communist Manifesto.
 
And the far right now come out at noon, because they can no longer feed in the dark. The JBS Manifesto is no more accepted in America than is the Communist Manifesto.

That is a lie because the left and their messiah seems to be quite familiar with it.
 
Why not abolish the 16th Amendment entirely?

It's the worst cancer infecting our system. It needs to be cut out.


So, how do we pay for things, genius?


Idiots like you are the cancer.

Um, we don't...that's the whole point.

All of the bare necessities are already taken care of by specialized taxes (gas tax for highways for instance) and tariffs.

The federal government would be forced back to its Constitutional role.

The Military's ~$570 billion dollar budget is taken care of by what specialized tax?
 
Why not start out with a flat rate for everyone like 10% and as you make more money that rate declines to 9' 8, 6, etc etc etc. what better way to encourage businesses to grow and still collect monumental amounts of tax revenue to grow the size of government.

Because, little one, that isn't a "progressive" tax rate, it would be called a "regressive" tax rate, and it wouldn't be a flat rate either, since you're changing the rate by level of income.
We also already have a regressive tax rate, the more you earn, the more money you have to use to move money around so you don't have to pay tax on it.
 
This government is totally out of control. It is corrupt, debt ridden and a tremendous burden on the economy.

At this point it is so far gone that just electing Republicans over Democrats isn't going to fix it.

The only that would come close to putting it on the right track is to defund it. No money no corruption and inefficiency. Take the money away from the bureaucrats and only fund the minimal necessary government functions like defense, courts, police etc. No welfare, subsidies , bailouts or entitlements.

Abolishing both the corporate and income taxes would be a good start.
 
And the far right now come out at noon, because they can no longer feed in the dark. The JBS Manifesto is no more accepted in America than is the Communist Manifesto.

That is a lie because the left and their messiah seems to be quite familiar with it.
SD, you far righties see to have the Communist Manifesto down pat.

Compare our GOP platform to the Russian Constitution. :lol:
 
This government is totally out of control. It is corrupt, debt ridden and a tremendous burden on the economy.

At this point it is so far gone that just electing Republicans over Democrats isn't going to fix it.

The only that would come close to putting it on the right track is to defund it. No money no corruption and inefficiency. Take the money away from the bureaucrats and only fund the minimal necessary government functions like defense, courts, police etc. No welfare, subsidies , bailouts or entitlements.

Abolishing both the corporate and income taxes would be a good start.

politicians won't commit suicide by defunding their own creation anymore than corporations give up taxes without a fight.
 
Why not start out with a flat rate for everyone like 10% and as you make more money that rate declines to 9' 8, 6, etc etc etc. what better way to encourage businesses to grow and still collect monumental amounts of tax revenue to grow the size of government.
Flat taxes are regressive, not progressive.

How do,we define that? Who came up with that definition.
 
The suggestion is to establish a Regressive not progressive tax rate. Making more money is incitement enough.

The problem with a progressive income tax that increases is this. When a person makes more revenue they are not paying the same rate on old revenue. They are paying the new higher rate on revenue they were previously paying a lower rate. Let's say the increments are 10, 30, 70. Once a person crosses from 10 to 30 they now pay 30% on revenue they were only paying 10% on. So if you are only one dollar into the higher tax bracket you end upmoaying that rate on every other dollar before it which ends up being a huge tax increase.

Uh, that's not how it works.
 

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