Jarlaxle
Gold Member
Now let's say the government raised its revenue needs to 30 bucks from each of us, because a majority of dipshits voted for the government to give hookers free puppies.
If you earn 100 dollars, the tax rate would have to be 30 percent to get your "fair share" out of you.
But let's chuck in that 10 dollar "standard deduction".
Now the tax rate would have to be raised from 30 percent to 33.33 percent.
That's how our system works.
It is further complicated when other tax expenditures are added in. Breeding, large mortgages, the right kind of refrigerators, employee health insurance exemptions, etc.
These add up to $1.4 trillion the government has to make up for by raising tax rates further and further.
Eventually, tax rates became so high because of this, the American people started complaining. So the tax rates were raised just so high, and then the rest of that $1.4 trillion has to be borrowed every fricking year.
And people earning identical incomes are paying radically different tax amounts, which is not just insane but also grossly unjust. This is massive government interference in our lives.
The whole problem could be solved by simply eliminating tax expenditures, and drastically lowering tax rates, and everyone earning identical incomes would pay identical taxes.
There are two reasons we have deficits;
1. The American Worker doesn't make enough.
2. The wealthy and Corporate America don't pay enough.
Couldn't be more wrong if you were paid to be.
There is one -and ONLY ONE- reason for debt and deficits: TOO MUCH SPENDING.
There are two reasons we have deficits;
1. The American Worker doesn't make enough. That would be you.
2. The wealthy and Corporate America don't pay enough. That would be me.
Yep, that must be the reason why you whine so much about free healthcare and free college...because you're wealthy.
I suspect he is either a trust-fund baby, who never worked a day in his life and was born with a silver spoon up his ass...or a trolling child.