Republicans offer fraudulent tax reform, the alleged FairTax

[JustAGuy1]

Skewsie is just another Prog whack job.

 

[francoHFW]

I'm all for a flat tax, not a VAT

we basically have a flat tax now, a huge giveaway to the rich and a GOP screw job for you, super duper

 

[Meister]

we basically have a flat tax now, a huge giveaway to the rich and a GOP screw job for you, super duper

Sure Francis, sure.

 

[JustAGuy1]

we basically have a flat tax now, a huge giveaway to the rich and a GOP screw job for you, super duper

Speaking of whack jobs.

 

[francoHFW]

Tax the rich again and invest in America and Americans again. This trickle down stuff is baloney. And I do mean cheap college and training, and infrastructure.

 

[kyzr]

Yes! Because cutting spending is crazy talk. We must have the Moochele Obama hiking trail right now at any cost!

My prior recommendations included a Grace Commission-II to weed out waste in government. organizationally.
If you think that pols will ever stop "earmarks" you aren't serious. Its what they do.

The only options we have are:
1. No action, then the economic system collapses
2. Try to cut spending and raise revenue to balance the budget. Like Newt did in 1993.

 

[Orangecat]

I'm for a clean progressive tax scale with as few deductions, loopholes, and tax credits redeemable for cash as possible. I support consumption taxes, like on recreational drugs mostly to help mitigate the effects of that use. Gasoline tax for roadways, (some kind of user fees for EV too.)

Why progressive? I’m not into hitting the successful with higher rates. I’m fine with no deductions, loopholes, credits, but punishing the successful with higher rates reeks of Marxist wealth redistribution to me. Truth be told, I’d really prefer a flat fee, not a flat rate. We all exist under the exact same governance, why shouldn’t we all pay the exact same amount?

 

[francoHFW]

Sure Francis, sure.

That is if you count all taxes and not just the GOP propaganda federal income tax they go on and on and on about, our only progressive tax.

 

[francoHFW]

Why progressive? I’m not into hitting the successful with higher rates. I’m fine with no deductions, loopholes, credits, but punishing the successful with higher rates reeks of Marxist wealth redistribution to me. Truth be told, I’d really prefer a flat fee, not a flat rate. We all exist under the exact same governance, why shouldn’t we all pay the exact same amount?

Actually, the first thing you learn in economics is you have to tax the rich a higher percentage or else they get way too rich like they are here now. You people know nothing- just propaganda, in this case about the federal income tax.... Our only progressive tax.

 

[francoHFW]

My prior recommendations included a Grace Commission-II to weed out waste in government. organizationally.
If you think that pols will ever stop "earmarks" you aren't serious. Its what they do.

The only options we have are:
1. No action, then the economic system collapses
2. Try to cut spending and raise revenue to balance the budget. Like Newt did in 1993.

Tax the rich again and invest in America again for crying out loud. I'm talking cheap college and training and good infrastructure, like every other modern country for crying out loud lol

 

[Ray From Cleveland]

So you have a sales tax.

Yes, that's what a consumption tax is, a sales tax. You pay tax every time you buy something. The rich pay more because they buy more things and more expensive things at that.

 

[Ray From Cleveland]

Tax the rich again and invest in America again for crying out loud. I'm talking cheap college and training and good infrastructure, like every other modern country for crying out loud lol

That's because you are a commie mooch like all the others. Give me this, give me that, but I don't want to pay a dime. Send the bill to the rich people for my goodies.

 

[Clipper]

That's because you are a commie mooch like all the others. Give me this, give me that, but I don't want to pay a dime. Send the bill to the rich people for my goodies.

The top 1% have in the past 30 years amassed more wealth in that timeframe then in the entire history of this Country combined. So spare us your propganda bullshit how everyone else expects the rich to pay for other people's "goodies". No rich person ever paid for my "goodies", I busted my ass to pay for them. Did the rich pay for your "goodies"?

 

[Ray From Cleveland]

The top 1% have in the past 30 years amassed more wealth in that timeframe then in the entire history of this Country combined. So spare us your propganda bullshit how everyone else expects the rich to pay for other people's "goodies". No rich person ever paid for my "goodies", I busted my ass to pay for them. Did the rich pay for your "goodies"?

Of course they do. The top 20% of our income earners pay close to 90% of all collected income taxes. It's income taxes that pay for our government, our military, many of our social programs, all of it.

If 87% is not their fair share, what is?

 

[Orangecat]

Actually, the first thing you learn in economics is you have to tax the rich a higher percentage or else they get way too rich like they are here now. You people know nothing- just propaganda, in this case about the federal income tax.... Our only progressive tax.

There’s no such thing as “way too rich” for a free person. That’s a propaganda phrase fed to useful idiots who aren’t competent enough to get ahead in life.

 

[Clipper]

Of course they do. The top 20% of our income earners pay close to 90% of all collected income taxes. It's income taxes that pay for our government, our military, many of our social programs, all of it.

If 87% is not their fair share, what is?

They've ammassed so much wealth in the past three decades that paying a high share of taxes when they're not dodging them doesn't seem to have effected their bottom line, now has it?

Your concern for the wealthy & them holding on to it because of taxes is sorely misplaced.

 

[francoHFW]

That's because you are a commie mooch like all the others. Give me this, give me that, but I don't want to pay a dime. Send the bill to the rich people for my goodies.

So you think the greatest inequality the worst upward mobility and homelessness are great? It's only getting worse... Perfect chump of the greedy idiot GOP lie mega rich swine.

Of course they do. The top 20% of our income earners pay close to 90% of all collected income taxes. It's income taxes that pay for our government, our military, many of our social programs, all of it.

If 87% is not their fair share, what is?

As a GOP base dupe, you cannot talk about anything but the federal income tax, our only progressive tax. Everybody's paying about 27% in all taxes on average and that is a huge giveaway to the rich and a screw job for you and the country which is getting Dumber and Dumber and poorer and poorer.

 

[Ray From Cleveland]

So you think the greatest inequality the worst upward mobility and homelessness are great? It's only getting worse... Perfect chump of the greedy idiot GOP lie mega rich swine.

And you think it's right that when people create wealth, it should be taken from them to support Democrat vote buying and pork?

"When people find they can vote themselves money, that will herald the end of our Republic.
Benjamin Franklin

As a GOP base dupe, you cannot talk about anything but the federal income tax, our only progressive tax. Everybody's paying about 27% in all taxes on average and that is a huge giveaway to the rich and a screw job for you and the country which is getting Dumber and Dumber and poorer and poorer.

Yes, federal income tax because it's the only tax that supports everything we have today. SS payroll deductions only support Social Security. Medicare payroll deductions only support Medicare. FICA supports Social Security and our disability program. None of your payroll taxes support the federal government.

And even if you consider all these other taxes, if you live the average lifespan in the US, you not only get all of that back, but more in return, so it's not really a tax at all. It's more like a savings account the government manages.

You are not rich or poor because of government, you are rich or poor based on your decisions in life.

 

[johnwk]

We need a balanced budget amendment with a plan to pay down the National debt to a reasonable % of the GDP not somewhere near 100% of it.

Well then, how about the Fair Share Balanced Budget Amendment?

The Fair Share Balanced Budget Amendment

“SECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay any tax or burden calculated from sales, profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money.

NOTE: these words would return us to our founding father’s original tax plan as they intended it to operate! They would also end the experiment with allowing Congress to lay and collect taxes calculated from lawfully earned “incomes” which now oppresses America‘s economic engine and robs the bread which working people have earned when selling the property each has in their own labor, not to mention they would end federal taxation being used as a political weapon to harass and attack political opponents!

“SECTION 2. Congress ought not raise money by borrowing, but when the money arising from imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress has raised money by borrowing during the course of a fiscal year, Congress shall then lay a direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the preceding fiscal year’s deficit, and apply the revenue so raised to extinguishing said deficit.”

NOTE: Congress is to raise its primary revenue from imposts and duties, [taxes at our water’s edge], and may also lay miscellaneous internal excise taxes on specifically chosen articles of consumption. But if Congress borrows and spends more than is brought in from imposts, duties and miscellaneous excise taxes during the course of a fiscal year, then, and only then, is the direct apportioned tax to be laid in order to balance the budget on an annual basis.

“SECTION 3. When Congress is required to lay a direct tax in accordance with Section 1 of this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate each State’s apportioned share of the total sum being raised by dividing its total population size by the total population of the united states and multiplying that figure by the total being raised by Congress, and then provide the various State Congressional Delegations with a Bill notifying their State’s Executive and Legislature of its share of the total tax being collected and a final date by which said tax shall be paid into the United States Treasury.”

In reference to the above Section see: FIRST DIRECT TAX LAID BY CONGRESS, 1798

NOTE: our founder’s fair share formula to extinguish an annual deficit would be:

States’ population

---------------------------- X SUM TO BE RAISED = STATE’S FAIR SHARE

Total U.S. Population

The above formula, as intended by our founding fathers, is to ensure that each state’s share towards extinguishing an annual deficit is proportionately equal to its representation in Congress, i.e., representation with a proportional financial obligation! And if the tax is laid directly upon the people by Congress, then everybody taxpayer across the United States pays the exact same amount!

Note also that each State’s number or Representatives, under our Constitution is determined by the rule of apportionment:

State`s Pop.

------------------- X House size (435) = State`s No. of Representatives
U.S. Pop.

“SECTION 4. Each State shall be free to assume and pay its quota of the direct tax into the United States Treasury by a final date set by Congress, but if any State shall refuse or neglect to pay its quota, then Congress shall send forth its officers to assess and levy such State’s proportion against the real property within the State with interest thereon at the rate of ((?)) per cent per annum, and against the individual owners of the taxable property. Provision shall be made for a 15% discount for those States paying their share by ((?))of the fiscal year in which the tax is laid, and a 10% discount for States paying by the final date set by Congress, such discount being to defray the States’ cost of collection.”

NOTE: This section respects the Tenth Amendment and allows each state to raise its share of a direct tax in its own chosen way in a time period set by Congress, but also allows the federal government to enter a state and collect the tax if a state is delinquent in meeting its obligation.

"SECTION 5. This Amendment to the Constitution, when ratified by the required number of States, shall take effect no later than (?) years after the required number of States have ratified it.

 

[johnwk]

Conservative analyst Steve Forbes tore into Republicans on Thursday over their plan to vote on a radical redesign of the entire federal tax system — one of the key concessions House Speaker Kevin McCarthy (R-CA) made as part of a deal with roughly 20 far-right lawmakers who spent a week blocking the votes for him to take office.

The plan, known as Fair Tax, has been kicking around the fringes of the GOP and libertarian communities for decades, and has been introduced in Congress several times, albeit without any serious backing. It calls for completely abolishing the federal tax system and replacing it with a 30 percent sales tax on every good and service in the United States.

"Payroll taxes, which finance Social Security and Medicare, would also get axed," explained Forbes. "The IRS would go. States would collect the sales levy and remit proceeds to Washington."

How, particularly in these inflationary times, are voters going to react to paying a 30% sales tax on what they buy? A typical new house would cost an additional $125,000, not to mention the thousands of extra dollars people would pay for food, fuel, electricity and countless other items," wrote Forbes. "Proponents say incomes would go up because Federal levies on earnings would disappear, but since that wouldn’t make most people whole, the Fair Tax would pay a rebate each month to every household to help pay for necessities

'Huge present' to Democrats: Conservative critic slams GOP's new federal tax plan

Conservative analyst Steve Forbes tore into Republicans on Thursday over their plan to vote on a radical redesign of the entire federal tax system — one of the key concessions House Speaker Kevin McCarthy (R-CA) made as part of a deal with roughly 20 far-right lawmakers who spent a week blocking...

www.rawstory.com

A rebate to help pay for necessities?

Bye Republicans.

The problem with the "Family Consumption Allowance" SEC. 301 is, it only allows for a monthly rationed supply of tax-free articles, and more importantly, it creates another entitlement which will be used by our socialist politicians as a wedge issue to buy votes during elections, not to mention it makes a very large group of people more dependent on our gangster federal government.

JWK