V.I. Lenin
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Why would that be fair, becuase it would make you feel better to see wealthy people sniped by high taxation. That is jealousy and there is no excuse to take almost or over half of someone's income under any circumstances. How would you like it if after a hard days work your government decided to "allow you" enough for rent, bills, and a beer when you know your check could have gone to much more, like savings, investment, maybe even some kind of entertainment or transportation. This isn't "Robin Hood" there is nothing noble about over-taxation,socialization, or communisation.Redcommie said:Tax should be progressive, because the rich can pay more and still be comfortable. To a poor person, the flat tax might slip them under, and that isn't fair to them, while the rich people can still have comfortable lives and pay more.
LaMidRighter said:Why would that be fair, ...
LaMidRighter said:Normally Stump I agree with you, but we'll have to disagree on this one.
Right! well then, moving along :cheers:stump said:No worries, I had no delusions that you would see the wisdom in my thinking. :lol:
LaMidRighter said:I think that was my mention of the 4 tier "flat tax" Fonz. Admittedly, that would not be a flat tax, more of a combination of the flat and progressive, sure, it would treat higher brackets according to ability to pay, but, the flat part would be a solid monetary amount that all in that bracket should be able to afford. That was just a thought, I am heavily favoring the national sales tax though.
Arthur Fonzarelli said:.Amen! :applaudAlthough there is a gray area when dealing with corporate taxes & that of the small business owner as well as the self-employed. I believe an incentive for entrepreneurship is always a great idea.
LaMidRighter said:That was just a thought, I am heavily favoring the national sales tax though.
There could be exemptions made on necessities like food or breaks on clothing built into the tax, I am thinking more towards taxing luxury items(electronics, cars, and the like).stump said:Problem with sales taxes is that they are regressive. The poor pay a higher percentage than the rich (because they spend 100% of their income). Doesn't make sense.
stump said:Problem with sales taxes is that they are regressive. The poor pay a higher percentage than the rich (because they spend 100% of their income). Doesn't make sense.
Should people be taxed based on their income (rich more, poor less) or should their be a flat, equal tax that all should pay? Why?
Read the link and love the idea. Thanks for the info.IndiConservative said:There is currently a bill before the house and senate for the "Fair Tax" HR 25 & SB 25 . Its like the Flat tax only it answers questions about how it affects poor people and other problems take a look at the link. If you like it tell your congressmen/women and senators you want it.
Neal Bortz is also starting to go around the country to hype it up
http://www.myfairtax.org/index.html
Here is the problem with those who feel the wealthy get all of the breaks...
This is a VERY simple way to understand the tax laws. It DOES make you think.
Let's put tax cuts in terms everyone can understand:
Suppose that every day, ten men go out for dinner.
The bill for all ten comes to $100. If they paid their bill the way we pay our
taxes, it would go something like this:
The first four men (the poorest) would pay nothing, the fifth would pay $1, the
sixth would pay $3, the seventh $7, the eighth $12, the ninth $13, and the tenth
man (the richest) would pay $59. That's what they decided to do.
The ten men ate dinner in the restaurant every day and seemed quite happy with
the arrangement ..... until one day, the owner threw them a curve (in tax
language, a 'tax cut'). "Since you are all such good customers," he said, "I'm
going to reduce the cost of your daily meal by $20." So now dinner for the ten
only cost $80. The group still wanted to pay their bill the way we pay our
taxes. The first four men were unaffected. They would still eat for free. But
what about the other six - the paying customers? How could they divvy up the $20
windfall so that everyone would get his "fair share?" The six men realized that
$20 divided by six is $3.33. But if they subtracted that from everybody's share,
the fifth man and the sixth man would end up being PAID to eat their meal. So
the restaurant owner suggested that it would be fair to reduce each man's bill
by roughly the same amount, and he proceeded to work out the amounts each should
pay. And so the fifth man paid nothing, the sixth pitched in $2, the seventh
paid $5, the eighth paid $9, the ninth paid $12, leaving the tenth man with a
bill of $52 instead of his earlier $59.
Each of the six was better off than before, and the first four continued to eat
for free. But once outside the restaurant, the men began to compare their
savings. "I only got a dollar out of the $20," declared the sixth man. "But he
(pointing to the tenth man) got $7!". "Yeah, that's right," exclaimed the fifth
man. "I only saved a dollar, too. It's unfair that he got seven times more than
me!". "That's true!" shouted the seventh man. "Why should he get $7 back when I
got only $2? The wealthy get all the breaks!". "Wait a minute," yelled the first
four men in unison. "We didn't get anything at all. The system exploits the
poor!". The nine men surrounded the tenth and beat him up. The next night the
tenth man didn't show up for dinner, so the nine sat down and ate without him.
But when it came time to pay the bill, they discovered a little late what was
very important. They were FIFTY-TWO DOLLARS short of paying the bill! Imagine
that!
And that, boys and girls, journalists and college instructors, is how the tax
system works. The people who pay the highest taxes get the most benefit from a
tax reduction. Tax them too much, attack them for being wealthy, abuse them in
some way, and they just may not show up at the table anymore. Where would that
leave the rest? Unfortunately, most taxing authorities cannot seem to grasp this
rather straight-forward logic!
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