Simplifying the Tax System Is Easy in the Real World

[Weatherman2020]

Bill Gates earned $11.5 billion, and was taxed $6 billion under the current system.

He would pay MUCH less under a flat tax system. That's a hard, unavoidable fact.

Especially if he was able to still declare the same deductions he currently does.

You're a gullible idiot to think Gates pays over 50% in Fed taxes.

 

[Weatherman2020]

47% or so of Americans do not pay Federal taxes. They have no vested interest in how America does?

According to the Census Population Clock, in July the total population in the U.S. was 325,365,189
According the Bureau of Labor Statistics Table A1, the total number of people age 16+ (excluding military and prison labor) who were working was 153,513,000
So that's over 50% of the population not working. That doesn't mean no income, but it does raise the question of where you think all those not currently paying Federal taxes would get the money from?

Democrats in Calif have made significant increases in energy, gas, and sales taxes, increased fees for mass transportation.

All which hits the poor the hardest.

The narrative that Democrats want to help the poor and are concerned about increasing their taxes is a fallacy.

And what does that have to do with anything I wrote? I'm neither a Democrat, nor in California, and I would agree that the energy and sales taxes, and increased transportation fees are regressive.

Then stop whining that the bottom earners will have to pay more. They get jabbed with higher taxes by libs all the time.

Who's whining? I'm pointing out facts. A flat income tax disproportionately affects those with lower income in that it affects their ability to purchase necessities, while it would not for higher incomes. If you're ok with that, fine, but don't pretend a flat tax is "fair" or equal.

Other taxes are irrelevant to a discussion of income taxes, unless you want to talk about total taxes paid. The number one regressive tax is, of course, the lottery.

And a gas tax going up 50% affects low income workers more than Barbara Streisand. Your point is moot.

 

[g5000]

Bill Gates earned $11.5 billion, and was taxed $6 billion under the current system.

He would pay MUCH less under a flat tax system. That's a hard, unavoidable fact.

Especially if he was able to still declare the same deductions he currently does.

You're a gullible idiot to think Gates pays over 50% in Fed taxes.

He pays sales taxes, property taxes, and income taxes which added up to over $6 billion.

His income tax is obviously much higher now that it would be under a flat tax system. And he sure as shit is not able to deduct 90 percent of his gross as you ridiculously tried to posit earlier.

 

[Weatherman2020]

Here's How Much 10 Of The Richest People In The World Made Per Minute In 2013

Bill Gates: He earned $11.5 billion this year

Same year:

“I paid over $6 billion in US taxes, glad to have done it,” he added.

Bill Gates ‘glad’ to pay taxes


So, in reality, Bill Gates paid more than 50% of his income in taxes.

He was not able to deduct 90 percent, as was so ridiculously premised in your post, Weatherman.

If you include State and local he does. But that's just another strawman. Topic is Fed taxes.

 

[Weatherman2020]

Bill Gates earned $11.5 billion, and was taxed $6 billion under the current system.

He would pay MUCH less under a flat tax system. That's a hard, unavoidable fact.

Especially if he was able to still declare the same deductions he currently does.

You're a gullible idiot to think Gates pays over 50% in Fed taxes.

He pays sales taxes, property taxes, and income taxes which added up to over $6 billion.

His income tax is obviously much higher now that it would be under a flat tax system. And he sure as shit is not able to deduct 90 percent of his gross as you ridiculously tried to posit earlier.

All you have are stupid strawman arguments.

 

[g5000]

As I said earlier, there is no magical property in a flat tax which prevents the exact same deductions billionaires get today. This simple fact is what the rubes do not grasp.

So it is the simplest of math to realize that a lower flat tax rate than the current progressive tax rate on billionaires will result in them paying much less in taxes. They will bribe our politicians, just like they do now, to keep the same tax deductions they currently enjoy. Even more millionaires will end up paying no taxes.

This means the tax load will be shifted onto the middle class, and higher deficits.

The problem is deductions, not tax rates.

Eliminate tax expenditures, THEN you can lower tax rates.

 

[Care4all]

Unfortunately the DC elitists require everything be so complex and you need to hire lawyers for everything so they can maintain control over you.

A flat tax on gross income, no deductions. Period.

You earn X dollars, you pay a percentage. Same percentage for all. I have no idea what that percentage should be, but for the sake of discussion say it is 10%. You earn $100,000, you pay $10,000. You earn $1,000 you pay $100.

But weatherman, the lowest earners are paying the same percentage as millionaires!

Yep. Everyone has a vested interest in America. The same vested interest on how America does.

You can eliminate the complexity and deductions without going to a flat tax. A simple progressive tax would do the same thing.

Leftists hate equality. Why?

that isn't equality, that is inhumane and if you can't see that, then may God help you and show his mercy.

 

[Weatherman2020]

Unfortunately the DC elitists require everything be so complex and you need to hire lawyers for everything so they can maintain control over you.

A flat tax on gross income, no deductions. Period.

You earn X dollars, you pay a percentage. Same percentage for all. I have no idea what that percentage should be, but for the sake of discussion say it is 10%. You earn $100,000, you pay $10,000. You earn $1,000 you pay $100.

But weatherman, the lowest earners are paying the same percentage as millionaires!

Yep. Everyone has a vested interest in America. The same vested interest on how America does.

You can eliminate the complexity and deductions without going to a flat tax. A simple progressive tax would do the same thing.

Leftists hate equality. Why?

that isn't equality, that is inhumane and if you can't see that, then may God help you and show his mercy.

Inhumane to have low income people pay more to the government?

Democrats do that weekly here in Calif.

 

[Weatherman2020]

As I said earlier, there is no magical property in a flat tax which prevents the exact same deductions billionaires get today. This simple fact is what the rubes do not grasp.

So it is the simplest of math to realize that a lower flat tax rate than the current progressive tax rate on billionaires will result in them paying much less in taxes. They will bribe our politicians, just like they do now, to keep the same tax deductions they currently enjoy. Even more millionaires will end up paying no taxes.

This means the tax load will be shifted onto the middle class, and higher deficits.

The problem is deductions, not tax rates.

Eliminate tax expenditures, THEN you can lower tax rates.

So you support a small limited government run by common citizens.

 

[AntonToo]

what equation? i'm asking you a simple question:

We KNOW Obama paid 20%, how much would he pay under your flat tax?

He paid 20% after deductions, Dufus.

RETARD I KNOW HOW MUCH HE PAID.

I'm asking how much he WOULD HAVE PAID UNDER YOUR FLAT TAX.

WTF is wrong with you?

$94,585.

You are saying your proposed flat tax is 20%?

You have no clue what net and gross are. Please go to a thread about statues and stop bothering the adults.

You are fucking moron that can't answer even most basic question in straight forward manner, jerking people around with your bullshit, while saying something about them not knowing.


Is your proposed flat tax 20%? It is a SIMPLE, YES OR NO QUESTION. What the fuck is your malfunction that you can't answer that?

 

[TNHarley]

Unfortunately the DC elitists require everything be so complex and you need to hire lawyers for everything so they can maintain control over you.

A flat tax on gross income, no deductions. Period.

You earn X dollars, you pay a percentage. Same percentage for all. I have no idea what that percentage should be, but for the sake of discussion say it is 10%. You earn $100,000, you pay $10,000. You earn $1,000 you pay $100.

But weatherman, the lowest earners are paying the same percentage as millionaires!

Yep. Everyone has a vested interest in America. The same vested interest on how America does.

You can eliminate the complexity and deductions without going to a flat tax. A simple progressive tax would do the same thing.

Leftists hate equality. Why?

that isn't equality, that is inhumane and if you can't see that, then may God help you and show his mercy.

Imagine that. A leftist raping the meaning of words

 

[Syriusly]

Unfortunately the DC elitists require everything be so complex and you need to hire lawyers for everything so they can maintain control over you.

A flat tax on gross income, no deductions. Period.

You earn X dollars, you pay a percentage. Same percentage for all. I have no idea what that percentage should be, but for the sake of discussion say it is 10%. You earn $100,000, you pay $10,000. You earn $1,000 you pay $100.

But weatherman, the lowest earners are paying the same percentage as millionaires!

Yep. Everyone has a vested interest in America. The same vested interest on how America does.

I have a simple tax- a flat tax on wealth.

No deductions.

Everyone has a vested interest in America- the same vested interest on how America does.

I would be all for a flat tax on wealth.

 

[Weatherman2020]

He paid 20% after deductions, Dufus.

RETARD I KNOW HOW MUCH HE PAID.

I'm asking how much he WOULD HAVE PAID UNDER YOUR FLAT TAX.

WTF is wrong with you?

$94,585.

You are saying your proposed flat tax is 20%?

You have no clue what net and gross are. Please go to a thread about statues and stop bothering the adults.

You are fucking moron that can't answer even most basic question in straight forward manner, jerking people around with your bullshit, while saying something about them not knowing.


Is your proposed flat tax 20%? It is a SIMPLE, YES OR NO QUESTION. What the fuck is your malfunction that you can't answer that?

Read the OP. I don't know what percent is required so Obama pays the same taxes.
Dufus.

 

[Weatherman2020]

Unfortunately the DC elitists require everything be so complex and you need to hire lawyers for everything so they can maintain control over you.

A flat tax on gross income, no deductions. Period.

You earn X dollars, you pay a percentage. Same percentage for all. I have no idea what that percentage should be, but for the sake of discussion say it is 10%. You earn $100,000, you pay $10,000. You earn $1,000 you pay $100.

But weatherman, the lowest earners are paying the same percentage as millionaires!

Yep. Everyone has a vested interest in America. The same vested interest on how America does.

I have a simple tax- a flat tax on wealth.

No deductions.

Everyone has a vested interest in America- the same vested interest on how America does.

I would be all for a flat tax on wealth.

So you want the government assessing your 1981 Yugo car being worth $70,000? That's what will occur.

 

[AntonToo]

How does one measure "income ".

Take Donald Trump . Think of how complicated it is to measure his income .

But let's take a simpler example . Some guy who has his own plumbing business . Works for himself , no employees . You've eliminated all deductions right? No depreciation or anything .

My home value is going up $30K a month.

But it's funny money, not income.

RETARD I KNOW HOW MUCH HE PAID.

I'm asking how much he WOULD HAVE PAID UNDER YOUR FLAT TAX.

WTF is wrong with you?

$94,585.

You are saying your proposed flat tax is 20%?

You have no clue what net and gross are. Please go to a thread about statues and stop bothering the adults.

You are fucking moron that can't answer even most basic question in straight forward manner, jerking people around with your bullshit, while saying something about them not knowing.


Is your proposed flat tax 20%? It is a SIMPLE, YES OR NO QUESTION. What the fuck is your malfunction that you can't answer that?

Read the OP. I don't know what percent is required so Obama pays the same taxes.
Dufus.

20% RETARD, THAT IS THE FLAT RATE REQUIRED FOR OBAMA TO PAY SAME FEDERAL TAX.

20%, would also mean a huge tax hike on low and low middle class income and a tax cut to top 1%.

Do you fucking get it now?

 

[RDD_1210]

Unfortunately the DC elitists require everything be so complex and you need to hire lawyers for everything so they can maintain control over you.

A flat tax on gross income, no deductions. Period.

You earn X dollars, you pay a percentage. Same percentage for all. I have no idea what that percentage should be, but for the sake of discussion say it is 10%. You earn $100,000, you pay $10,000. You earn $1,000 you pay $100.

But weatherman, the lowest earners are paying the same percentage as millionaires!

Yep. Everyone has a vested interest in America. The same vested interest on how America does.

You can eliminate the complexity and deductions without going to a flat tax. A simple progressive tax would do the same thing.

Leftists hate equality. Why?

The progressive tax is equality. Everyone pays the same rate for whatever income they have in each of the brackets.

Why is making $1 a year more which requires you to pay $1,000 in additional taxes equality?

Wait, is this how you think a progressive tax system works?

 

[Weatherman2020]

How does one measure "income ".

Take Donald Trump . Think of how complicated it is to measure his income .

But let's take a simpler example . Some guy who has his own plumbing business . Works for himself , no employees . You've eliminated all deductions right? No depreciation or anything .

My home value is going up $30K a month.

But it's funny money, not income.

$94,585.

You are saying your proposed flat tax is 20%?

You have no clue what net and gross are. Please go to a thread about statues and stop bothering the adults.

You are fucking moron that can't answer even most basic question in straight forward manner, jerking people around with your bullshit, while saying something about them not knowing.


Is your proposed flat tax 20%? It is a SIMPLE, YES OR NO QUESTION. What the fuck is your malfunction that you can't answer that?

Read the OP. I don't know what percent is required so Obama pays the same taxes.
Dufus.

20% RETARD, THAT IS THE FLAT RATE REQUIRED FOR OBAMA TO PAY SAME FEDERAL TAX.

20%, would also mean a huge tax hike on low and low middle class income.


Do you fucking get it now?

Go learn what net and gross are. Get back to us with a report in an hour.

 

[Weatherman2020]

Unfortunately the DC elitists require everything be so complex and you need to hire lawyers for everything so they can maintain control over you.

A flat tax on gross income, no deductions. Period.

You earn X dollars, you pay a percentage. Same percentage for all. I have no idea what that percentage should be, but for the sake of discussion say it is 10%. You earn $100,000, you pay $10,000. You earn $1,000 you pay $100.

But weatherman, the lowest earners are paying the same percentage as millionaires!

Yep. Everyone has a vested interest in America. The same vested interest on how America does.

You can eliminate the complexity and deductions without going to a flat tax. A simple progressive tax would do the same thing.

Leftists hate equality. Why?

The progressive tax is equality. Everyone pays the same rate for whatever income they have in each of the brackets.

Why is making $1 a year more which requires you to pay $1,000 in additional taxes equality?

Wait, is this how you think a progressive tax system works?

I know it's how a progressive tax works. At some point you transition into a higher bracket. And that's based upon a fixed dollar amount.

 

[rightwinger]

I'd rather see him lose his exemption for making a bad investment

Now THAT's easy

So you don't like people investing in a possible cure for cancer?

Trump invested in an overpriced casino and airline with TRUMP on it

Hardly a cure for cancer

So you support my no deductions

I could work that....but I do not trust that deductions for the wealthy would slowly work their way back into the tax code while my deductions are gone for good

Yes, that's why a small limited government with common citizens being elected instead of career politicians is required.

We just elected a common citizen....He is an inept moron

 

[AntonToo]

How does one measure "income ".

Take Donald Trump . Think of how complicated it is to measure his income .

But let's take a simpler example . Some guy who has his own plumbing business . Works for himself , no employees . You've eliminated all deductions right? No depreciation or anything .

My home value is going up $30K a month.

But it's funny money, not income.

You are saying your proposed flat tax is 20%?

You have no clue what net and gross are. Please go to a thread about statues and stop bothering the adults.

You are fucking moron that can't answer even most basic question in straight forward manner, jerking people around with your bullshit, while saying something about them not knowing.


Is your proposed flat tax 20%? It is a SIMPLE, YES OR NO QUESTION. What the fuck is your malfunction that you can't answer that?

Read the OP. I don't know what percent is required so Obama pays the same taxes.
Dufus.

20% RETARD, THAT IS THE FLAT RATE REQUIRED FOR OBAMA TO PAY SAME FEDERAL TAX.

20%, would also mean a huge tax hike on low and low middle class income.


Do you fucking get it now?

Go learn what net and gross are. Get back to us with a report in an hour.

Fuck you retard. Get back to us when you can carry a straight forward, intellectually honest, non-retard discussion.