just got a bonus check. $1500.00after taxes and ss, the check was only $900.00and the sad fact is that we all consider this normal. who do I have to vote for to get lower taxes?
11/14/2007 7:09:17 PM
you should move to some off shore Caribbean islandvoting wont change anything
11/14/2007 7:14:51 PM
well for the most part i like it just fine here, thanks. i just want lower taxes.
11/14/2007 7:15:30 PM
Do some research and get creative with your tax returns. There is no reason you should pay any more than about 25% or so in taxes unless you make 6 figures.
11/14/2007 7:19:31 PM
The Libertarians.So like jwb9984 said, voting won't change anything. The Republicans and Democrats will consistently strive to get more power, and wanting more power means they control more purse strings, and controlling more purse strings means those purses have to be filled. If you want less taxes, you should not ask for less taxes, you should ask for less spending. No politician has ever said "I have enough power, I don't want or need anymore." They can always start up a new think tank that is funded by the government, or file more pork barrel legislation to build a new museum back home that serves no purpose, or take care of their lobbyist buddies by giving them a billion-dollar contract in exchange for those lobbyists getting on their knees to give the politician a blowjob. That is why the politicians will never turn down more money.That's my sarcastic answer. I'm sick of politics in this country. The real answer is you need to vote for the party that will devolve power away from the federal government, cause if the government has less power, they have less avenues to spend money on. The Republicans and Democrats when in power have increasingly centralized the role of federal government in this country. So neither one of them is interested in lessening the individual's burden for the costs of government. And normal people have no voice in our democracy, so voting does nothing. Millionaires and billionaires do have a voice just cause they can give a ton of money to politicians in soft money, so they can buy off politicians to set up tax laws beneficial to them to the detriment of the rest of us who are middle-class.[Edited on November 14, 2007 at 7:50 PM. Reason : /]
11/14/2007 7:38:59 PM
three words:Ron.Motherfucking.Paul.[/thread]
11/14/2007 9:07:17 PM
Mitt Romney wants to get rid of capital gains taxes which is a start in the good direction.But yes, you should be a libertarian.Basically, repubs will stand pat until the actual conservatives make their voices heard enough to the point where they have to listen to reason instead of nutty religious people
11/14/2007 9:09:38 PM
I know the question is about lower taxes, so the details of what he was taxed isn't really the point, but I'm a little surprised you people failed to point out that he was most likely hit by the W2 calculation issue with most companies and bonus checks.We also have no clue about his 401k contribution, the number of witholdings he has (probably 0 or 1), etc.
11/14/2007 9:36:03 PM
Ron.Motherfucking.Paul.[/thread]
11/14/2007 9:43:19 PM
He makes more sense than anybody who's run in a long, long, time. Mainstream Democrats and Republicans are the same thing with a little different rhetoric.
11/14/2007 9:53:41 PM
Not that I favor it in the first place but I might be more accepting of Universal Health Care, and more social programs if we went to a Flat Tax.The poor benefit the most from social and government programs yet pay the least % of their income.Nothing burns me up more than people that will drink Hennessey every weekend, put 2K rims on their buick but lack the $$$ so thus living in tax-payer subsidized housing and get food stamps every week to buy groceries.
11/14/2007 10:04:39 PM
11/14/2007 10:18:45 PM
All poor people waste their money, not just black people. Sooooo...who is more racist?
11/14/2007 10:20:50 PM
I'm tired of these people always saying that all their tax dollars are going to lazy people who do nothing. People will overlook giving hundreds of billions of dollars to businesses in subsidies every years, but if few billion bucks are spent keeping people from starving to death or going homeless, all of a sudden government is the evil empire. How about this: you people go do some research and look at policy, instead of pulling out fact-less anecdotes out of your ass.... or shut the hell up.
11/14/2007 10:26:08 PM
11/14/2007 10:36:21 PM
The red States in the midwest would never allow their agricultural subsidy cash cow to be eliminated, no matter how "fiscally responsible" they claim to be. And the military industrial complex needs endless war to continue growing. Economic special interest groups and lobbyists outnumber public interest groups 3 to 1 in Washington. If you want an end to big government spending, significant political reform must be enacted, particularly campaign finance. Only when you end the reciprocal role of money for contracting preference will we reduce wasteful spending.[Edited on November 14, 2007 at 10:44 PM. Reason : .]
11/14/2007 10:43:37 PM
Here's the problem with the logic that "if we just got the money out of politics, everything would be okay." It takes money - gobs of it - to unseat incumbents. Generally it takes outspending an incumbent by large factors to have a chance at unseating them. And why? Because they can simply buy all the votes they need. They can bring home the bacon. They can buy off constituencies.So, yes we need fundamental political reform. But campaign finance reform ain't going to cut it - if anything, it will make the incumbency problem even worse. (Already we have a 90+% incumbency rate.) Instead... we may want to consider actually paring back the government such that there's no favors to be bought or dispensed. (Yes, I know, if only we had the right people in charge, we wouldn't have to worry about the powers of the government being abused. We never will. Deal with it.)
11/14/2007 11:04:07 PM
11/14/2007 11:20:08 PM
Huckabee is for the fair taxRon Paul is also against the income tax
11/14/2007 11:29:40 PM
11/14/2007 11:42:37 PM
^ then that's a concession to the fact that the Fairtax is regressive (ie punishes lower incomes). So the rich will pay less... the poor will pay nothing.... that means the middle class (that you and I will be a part of) will shoulder the increased tax burden. As someone who will never make over $500k a year, it would be irrational for me to support such a proposal. I would be supporting something that goes against my own interest. The whole issue definition of "FairTax" was a clever one, since it is not fair. It would be more appropriately defined as a "tax cut for the rich to the detriment of economic benefit of the working class".[Edited on November 14, 2007 at 11:53 PM. Reason : ...]
11/14/2007 11:47:54 PM
11/14/2007 11:53:08 PM
11/14/2007 11:53:40 PM
11/15/2007 12:06:39 AM
11/15/2007 12:21:17 AM
11/15/2007 12:35:03 AM
11/15/2007 12:43:58 AM
11/15/2007 12:48:31 AM
11/15/2007 1:15:55 AM
if you want to pay a shitload for gas elect a republican president [Edited on November 15, 2007 at 1:23 AM. Reason : .]
11/15/2007 1:23:15 AM
^^ surely you must concede that would create a huge black market within the US, and large luxury items could simply be acquired overseas in places with more favorable tax policies. Its unlikely the tariffs would be comparable to the taxes they would have avoided paying.[Edited on November 15, 2007 at 1:27 AM. Reason : .]
11/15/2007 1:26:55 AM
Which effect do you suppose is larger - tax avoidance in the current scheme (hiding income, under-the-table transactions, illegal transactions...), or tax avoidance through black market purchasing?Also, which do you suppose would be easier to enforce?
11/15/2007 1:29:06 AM
If it is a 20+% sales tax then the black market created will be uncontrollable, to the point of corrupting local political institutions for protection. Federal revenue officers will find themselves harassed by local law enforcement, perhaps even to the point of violence. Now, a Value Added Tax can be implimented up to 40+% before it engenders a black market, but it collects the same money per percentage tax (more, in fact, by preventing black markets). My ideal tax scheme at the federal level would be thus:1. A Visible Value Added Tax of 10% (V-VAT, the estimated tax paid is reported on all receipts after purchase)2. An income tax that is 0% until the $100k income level, rising to 25% above $200k3. A flat carbon tax applied to all mines, wells, and import terminals. 4. End the separate payroll tax for SS and MedicaidI suspect these rates are high enough that my scheme would be revenue neutral.
11/15/2007 3:03:06 AM
Funny on the gas comment. I thought the democrats were going to get us 1 dollar gas as promised. hahaFor those argueing agaisnt the fair tax, why I have no idea, please refer to what mike huckabee said about the current tax structure."Its time for our government to stop penalizing the productive, to subsidize the irresponsible"^best quote and summary of the current income tax.
11/15/2007 7:59:24 AM
11/15/2007 10:57:29 AM
What? My V-VAT is completely visible, no room for maneuver. Look, make it an amendment stating that it must be applied to all producers equally. That said, your statement is wrong: a Value Added Tax makes corruption and cheating not worth it to most people. This is because while the tax may be 20%, each individual in the chain is only paying around 6%, which is well below the inflection point of 10% (which countries with sales taxes quickly learned was the point the sales-tax system break down, collecting less revenue as good transition to the black market as the tax increases). And don't pretend your scheme is not just as much social engineering as a carbon tax. You are taxing consumption, so people will apply effort to avoid the tax by minimizing their consumption. This will include keeping durable goods around longer, repairing old houses instead of bulldozing to build new houses, repairing used cars to keep them on the road longer. At least a carbon tax would social engineer in a possitive way by reducing CO2 emissions. And my "ideal tax scheme" was ideal from an economic standpoint by minimizing social engineering, otherwise known as tax avoidance. No one is going to change what or how they do to avoid a 10% VAT tax. Similarly, an income tax that only applies to 15% of Americans would raise a lot of revenue without any of the current dislocations currently found in labor markets (employer provided healthcare, for example). You cannot have just one source of revenue without dramatic levels of economic distruction created by tax avoidance behavior. If you want, make the tax rates explicit in the amendment.
11/15/2007 12:12:22 PM
An income tax is simply not a fair tax. Esp when it is scaled.A consumption tax is fair, bc now YOU have the choice on what you want to consume. The money you make is the money you keep.
11/15/2007 12:24:23 PM
So suppose there was a 20% consumption tax on all goods. I'm rich, so I think I'm gonna buy a $5 million yacht. Now, I can buy one in America and pay $6 million total for it. Or, I can scoot on down to Mexico and purchase it with only a 10% tax on it. Which should I choose? Hmm...I hope you see where the fallacy of your argument lies.
11/15/2007 12:40:06 PM
that's simple... make all foreign purchases subject to the US tax.
11/15/2007 12:45:33 PM
Yeah, because that would be easier than just using an income tax...
11/15/2007 12:53:01 PM
11/15/2007 1:43:35 PM
11/15/2007 1:49:12 PM
My three-centsRon.Motherfucking.Paul.[/thread]
11/15/2007 2:37:06 PM
who is ron paul?
11/15/2007 2:45:29 PM
11/15/2007 3:47:02 PM
11/15/2007 5:05:30 PM
I do have a personal stake in it, no doubt. That doesnt make it any less fair though or make a flat tax (or fair tax) any more legit.
11/16/2007 10:55:35 AM
^but penalizing people for being productive/successful makes more sense?
11/16/2007 6:50:09 PM
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11/17/2007 10:55:13 AM