It is nice and equal, the difference is what you choose to buy and how much you buy. If everyone is taking home 100% of what they make, whats the problem? I understand that thier is a basic cost for necessities, but that occurs with any rate. We dont have progressive state sales taxes, and somehow people are able to eat. This isnt seperate but equal, its one law. Everyone is treated equally.The increased cost is a concern. Some say the increase wont be much and could be lower. Im not so sure about the costs coming down. But we would have consumers with more money on payday. And businesses with less costs and HOPEFULLY overseas companies actually coming here because of the tax advantages.You kinda proved my point with your tax holiday. You put off normal spending to wait for the day you can save on tax. Now why not move that towards your INCOME tax, everyday?
1/11/2010 4:55:51 PM
1/11/2010 4:59:27 PM
I'd love to be able to drop the income tax rate to 0% for everyone, but until we pay down the deficit and reign the government back in to a reasonable size there is no way to make it happen, and as long as we have the same yahoos running things as we currently do there is no way that either will happen.The sad fact is that the American people don't have the collective stones to take some short term pain for long term gain.
1/11/2010 5:02:03 PM
1/11/2010 5:03:03 PM
1917 AD
1/11/2010 5:09:34 PM
Yeah, not quite.
1/11/2010 5:14:05 PM
1/11/2010 5:15:19 PM
It's not your grammar that's the problem like I said. It's just very indicative of how poor your reading comprehension skills are. I'm giving you the benefit of the doubt that you're actually an intelligent person, but the fact that you can't grasp the fact that $10000 means a fuck ton lot more to someone who makes $50000 than it does to someone who makes $1,000,000 doesn't say a whole lot about your critical thinking ability.
1/11/2010 5:19:37 PM
Oh, i'd be in favor something like that too, but it'll never happen because then the 1/3 of Americans currently paying $0 or less would have to pay something and they'll never agree to that. You need a plan that would be good for the top 60%+ of voting tax payers in order for it to ever even have a chance of making it through the legislature.IMO, the fairtax, a flat tax, and a national income tax are all a pipe dream.
1/11/2010 5:20:48 PM
1/11/2010 5:29:55 PM
1/11/2010 5:55:26 PM
1/11/2010 6:15:59 PM
1/11/2010 6:27:31 PM
He is pointing out the difference between income and wealth. An income tax only taxes legal income. A sales tax would tax legal income, illegal income, and both inherited and imported wealth.
1/11/2010 6:45:21 PM
No, I think he's talking about responsible spending and investment. Think about all the lottery winners who end up in abject poverty, or all the former pro athletes who are now janitors. On the flip side, there are people like my roommates father who was a truck driver for 30 years and is now retired and worth well over a million dollars, despite never making a six figure salary. There are tons of examples like both cases.
1/11/2010 7:15:05 PM
^exactly, its impossible to state how much or little one needs based on income alone. What im arguing is that we shouldnt. Let everyone keep what they earn, just tax it when they spend. People can control their level of spending, which is something they have more control over. (to an extent)Loneshark is right about now collecting taxes on those who previously avoided them. There is a reason why illegals are attractive hires. Now everyone is a federal tax payer, including tourists, illegals, and under the table workers in many different professions.
1/11/2010 7:36:29 PM
Oh no doubt, that's why so frequently those in favor of legalizing marijuana frequently add the addendum, and tax it. There is a HUGE black market that is going totally untaxed at the moment as well as a huge amount of income being paid "under the table." A national sales tax would certainly fix some of this, but we'll never see the income tax go away completely. People have gotten far to use to all the "free" government services, and frankly why should they want it changed, for about 60 million Americans it is free.
1/11/2010 7:41:33 PM
The Fair Tax is a great idea. But I think it would get corrupted pretty badly by today's politicians. I doubt they would pass it in any form that would fulfill its potential. And we may clap our hands in glee as we raise taxes on the high producers of this country. We may cheer as we stick it to those greedy rich, who got their money by ripping off the poor. We have to strip away their property so that the poor won't revolt. But a basic rule is that whatever activity you tax, you get less. And if you continue to raise taxes on the job creating people who make life much more bearable for the rest of us...you will get less jobs, less innovation, less ambition. You end up with a bored, depressed population of uncreative and unmotivated serfs who eek out a meager living on the scraps that their centralized gov't throws them.
1/11/2010 10:56:57 PM
my pay went down about $10 this year due to paying more fed taxes - clearly something is wrong with the system
1/11/2010 10:58:26 PM
1/11/2010 11:35:28 PM
1/11/2010 11:38:48 PM
1/12/2010 12:02:46 AM
1/12/2010 3:23:10 AM
I wonder why Robert Mugabe is still in power.
1/12/2010 8:02:57 AM
ok, I have to go back to this:
1/12/2010 9:59:23 AM
Yes, shelby county is what I meant.And I was talking long term effects Pink, Tenn has been open longer than the last 10 months. And as long as I can remember they have been struggling with TennCare (or whatever they rename it after it bankrupts every couple years) Tennessee spents the majority of its money on health and human services followed by education. More people are becoming used to buying online, which hurts states revenue. (even longer than a 10 month downturn)I lived and went to school in shelby county(memphis). yeah, the outsiders not giving a shit about memphis is the problem.
1/12/2010 12:06:01 PM