Slade3200
Diamond Member
- Jan 13, 2016
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The economy is a game of numbers. Our elected leaders pass budgets and decide what sectors of industry need funding and investment. This is going to be done in one of two ways, through taxation and government spending or by private spending. You can drop all tax credits and incentives but you'd be a fool if you think the end result is going to be lower taxes for everybody and the suffering industries that i mentioned in my previous post will be allowed to die out. Taxes would stay the same and government investments in those areas would increase. Charity/biz grants, environment and safety, tech R&D etc. I personally would rather have the individuals making these investments rather than an ineffficient government.when more people keep more of their own money it's always good for the countryWell maybe Trump will get rid of all the credits and deductions when he drops the tax rates. Doubt it though.Then explain it for us simple folk, please.That's fine, you can have that opinion. Personally I think the less they take the better.
This is why it won't change. People can't see past the end of their noses and actually like being told how to live.
I support lower taxes. I also support tax credits that the "people" aka our elected leaders decide promote initiatives that spur business growth, innovation and environmental safety... If my business can spend 20K less on taxes in return for developing a new product or installing some solar panels, then it is a win for my business. I win and my community wins.
So you think it's a good idea for the governemnt to take more in taxes than it needs so it can give incentive money to some people?
If all these government giveaways were gone the tax rates could be lowered for everyone
end result of your plan is a large percent of charities get shut down, innovation slows, start up businesses decline, and safety/environment initiatives go down... more money gets spent on consumer products resulting in china and the 1% getting even more richer.... our nation as a whole ends up being worse off.I'd like to see the tax rate lowered for the poor, middle class and businesses and I also don't mind giving less in taxes for investing in my business or helping the community. I'd rather choose where to invest my money over giving it to the government.Then explain it for us simple folk, please.
I support lower taxes. I also support tax credits that the "people" aka our elected leaders decide promote initiatives that spur business growth, innovation and environmental safety... If my business can spend 20K less on taxes in return for developing a new product or installing some solar panels, then it is a win for my business. I win and my community wins.
So you think it's a good idea for the governemnt to take more in taxes than it needs so it can give incentive money to some people?
If all these government giveaways were gone the tax rates could be lowered for everyone
Take Charity for example. If there wasn't a tax incentive for businesses and individuals to donate to charities, do you know how many charities would be out of business? Many of them... Given the choice to give to the government or invest in an individuals business or give to charity, most people choose the later options, which is a benefit to our communities. Why would you rather have the government collect more money and then waste it with their inefficient programs?
I disagree with you on charities so what if people give because they want to they shouldn't get an income tax break for it
get rid of all this crap and we'll be able to lower the tax rate across the board and people will have more of their own money to do with as they will
why should we as taxpayers pay more than we have to subsidize anyone else with tax incentives