So Joe... what is the "fair share"???

[rightwinger]

We need a consumption tax.

Property taxes are just as bad if not worse than the income tax. Do you really want some government stooge taking inventory of your personal possessions and bank accounts?

Agree
Tax every stock and Real Estate Transaction
The wealthy can not avoid that

 

[Blues Man]

Agree
Tax every stock and Real Estate Transaction
The wealthy can not avoid that

Sure they can just stop buying stocks and real estate.

Why do you want the average person buying stocks for his IRA to have to pay more taxes?

Aren't property taxes high enough ? Why do you want a middle class family to pay extra tax on their home or land?

 

[DBA]

We need a consumption tax.

Property taxes are just as bad if not worse than the income tax. Do you really want some government stooge taking inventory of your personal possessions and bank accounts?

Property tax is the single WORST tax of all. They tax you for the property you already bought with post-tax money and they can increase them on a whim by reassessing. Even worse, because property tax is based on a percentage of the value, you pay more tax on a BMW M5 than a Dodge Dart and 5x more tax on a 500k house than a 100k house. If I may also add, second homes are taxed at a higher rate as well. Leftists forget this little tidbit when considering who pays their "fair share".

 

[DBA]

Agree
Tax every stock and Real Estate Transaction
The wealthy can not avoid that

Do you make more than min. wage?

 

[hadit]

What is so crazy about an increase from 39 percent to 50 percent?
We have taxed well above that rate in the past and our country prospered

And when we did that, we also had in place a lot more tax shelters. Very few actually paid the very high rates.

 

[hadit]

It goes beyond living

It is a wage you can raise a family on, buy a home, take vacations, send your kids to college, retire someday

Used to be known as the American Dream

Which was possible to have because at the time we were the only functioning manufacturing power in the world. We aren't any more and those days are gone.

 

[rightwinger]

And when we did that, we also had in place a lot more tax shelters. Very few actually paid the very high rates.

Very few pay today’s rate or even close

 

[rightwinger]

Which was possible to have because at the time we were the only functioning manufacturing power in the world. We aren't any more and those days are gone.

Agree

It is no longer possible for most
But we subsidize the wealthy instead of the working class

 

[jc456]

You know what that tells me, dumb fuck? That the upper ten percent get way to much of the income in this nation. Time for the middle class and working poor to get their share of the wealth that they create.

how did you draw that conclusion? how much money is there in the world? Who determined who gets it? Are you saying sport figures making hundreds of million a year make too much? what about actors and singers?

 

[jc456]

And when we did that, we also had in place a lot more tax shelters. Very few actually paid the very high rates.

some pushed money off shore.

 

[Blues Man]

Very few pay today’s rate or even close

Lots of people pay the rate of the top tax bracket.

 

[rightwinger]

Sure they can just stop buying stocks and real estate.

Why do you want the average person buying stocks for his IRA to have to pay more taxes?

Aren't property taxes high enough ? Why do you want a middle class family to pay extra tax on their home or land?

Yes
And working people will just stop working because of income tax
We can exempt retirement funds

 

[hadit]

Very few pay today’s rate or even close

Sounds like we need a simple flat tax that everyone pays. Every dollar over the official poverty line gets a set percentage applied to it, and while we're at it, let's do these:

1. Eliminate payroll withholding. Everyone pays quarterly.
2. Election day falls the day after one of those quarterly payment days.

 

[hadit]

Agree

It is no longer possible for most
But we subsidize the wealthy instead of the working class

"subsidize the wealthy". Sounds like a cliche.

 

[jc456]

Property tax is the single WORST tax of all. They tax you for the property you already bought with post-tax money and they can increase them on a whim by reassessing. Even worse, because property tax is based on a percentage of the value, you pay more tax on a BMW M5 than a Dodge Dart and 5x more tax on a 500k house than a 100k house. If I may also add, second homes are taxed at a higher rate as well. Leftists forget this little tidbit when considering who pays their "fair share".

has fair share been defined?

 

[jc456]

"subsidize the wealthy". Sounds like a cliche.

demofks always have a mantra.

 

[jc456]

Sounds like we need a simple flat tax that everyone pays. Every dollar over the official poverty line gets a set percentage applied to it, and while we're at it, let's do these:

1. Eliminate payroll withholding. Everyone pays quarterly.
2. Election day falls the day after one of those quarterly payment days.

demofks don't understand the difference between 10 percent of one thousand and one million. It's evidence they don't do math.

 

[M14 Shooter]

Food, shelter, transportation to work, clothing, ET CETERA...the basics of life...eat up all their earnings.

Are you intentionally obtuse?
Only if they choose to spend the entire income on these things.

 

[Blues Man]

Yes
And working people will just stop working because of income tax
We can exempt retirement funds

You don't seem to understand that the rich people you hate so much don't have to buy more stocks or realestate they can simply hold a higher cash position.

Tell me how much do you want to tax a stock purchase?

And what about the tax on real estate? You want a young couple to pay more tax on their home?

 

[M14 Shooter]

What you're talking about is a MASSIVE shift of wealth from those who already HAVE the least to those that have the most

Letting people keep more of their money is not a shift of wealth from anyone to anyone.