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just paid my debt to support whatever we call what is going on in the Iraq sand, sick and tired of the outlay we pay every year..about 13% of my total income, which does not increase that much because we are retired...and after reviewing the taxes of GWB and Cheney, makes me want to puke. Time and time again, I read about multinational companies who pay little or nothing because of the engineered tax breaks of this administration, and who are making millions off of this little skirmish in the sand.
My son in law, who I do not like, has 4 kids and 2 apartment bldgs. he keeps 3 apartments empty(so he can write off the loss and expense), and writes the whole thing off and this year got an $8,000 return on an income of $52,000...the gov't gives him extra money for having potent sperm..people can yell and complain about a lot of stuff, but this tax crap makes me nutz.
I have favored Steve Forbes plan in the past, and if I ever have the opportunity it is probably the only thing I feel soo passionate about that I could stand on a streetcorner with a sign about. The whole thing is so out of whack it makes me absolutely crazy, so much so I try not to think about it. I often read in the liberal blogs about the demise of the middle class because of the tax system, and though I try hard not to believe it, a lot of times it seems true.
Gotta go work out, to get rid of this rage I feel towards the IRS and this whold corrupt governmental system that is spending more money than I can imagine, all the while coddling and giving tax breaks to our biggest companies who are profiting from their gov't ventures.
__________________ "Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.
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just paid my debt to support whatever we call what is going on in the Iraq sand, sick and tired of the outlay we pay every year..about 13% of my total income, which does not increase that much because we are retired...and after reviewing the taxes of GWB and Cheney, makes me want to puke. Time and time again, I read about multinational companies who pay little or nothing because of the engineered tax breaks of this administration, and who are making millions off of this little skirmish in the sand.
My son in law, who I do not like, has 4 kids and 2 apartment bldgs. he keeps 3 apartments empty(so he can write off the loss and expense), and writes the whole thing off and this year got an $8,000 return on an income of $52,000...the gov't gives him extra money for having potent sperm..people can yell and complain about a lot of stuff, but this tax crap makes me nutz.
I have favored Steve Forbes plan in the past, and if I ever have the opportunity it is probably the only thing I feel soo passionate about that I could stand on a streetcorner with a sign about. The whole thing is so out of whack it makes me absolutely crazy, so much so I try not to think about it. I often read in the liberal blogs about the demise of the middle class because of the tax system, and though I try hard not to believe it, a lot of times it seems true.
Gotta go work out, to get rid of this rage I feel towards the IRS and this whold corrupt governmental system that is spending more money than I can imagine, all the while coddling and giving tax breaks to our biggest companies who are profiting from their gov't ventures.
I was present at a presentation by Steven Forbes last fall as he talked about his tax plan. Alot of it does make sense.
Start by scrapping the tax code. Don't fiddle with it. Junk it. Throw it out. Bury it. Replace it with a pro-growth, pro-family tax cut that lowers tax rates to 17% across the board and expands exemptions for individuals and children so that a family of four would pay no taxes on the first $36,000 of income.
Not one cent to the IRS on the first $36,000. Anything over that would be taxed at a flat, fair 17%.
The flat tax would be simple. You could fill it out on a postcard. It would be honest. It would eliminate the principal source of political corruption in Washington. It would be fair. Millions of people would be off the federal income tax rolls.
There would be no tax on Social Security. No tax on pensions. No tax on personal savings. It would zero out capital gains taxes. It would set off a boom by letting people keep more of what they earn and by lowering barriers to risk taking.
__________________ "Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.
Without Taxes,
How would we pay welfare
How would we supply "free condoms"
How would we support Illegal Aliens
How would we provide "free houses" for Somalians
How would we provide money for "Al Gore's spotted owls"
How would we buy "Basketballs" for Pedophiles & Murderers in Folsom Prison.
How would we buy new Brass Doorknobs every month for Housing Projects
How would we Pay Cops to chase "Carjackers"
How would we Support Israel
How would we pay for Cynthia McKinney's ID Card
How would we pay for Uncle Teddy's pension.
How would we send Illegal Aliens to College
How would we get money to "Beat Up Jesus"
How would we save the f-cking Whales?
Why should the rich have to pay so much more when they get essentially the same services as everyone else? The flat tax is just as unfair as the progressive income tax.
Start by scrapping the tax code. Don't fiddle with it. Junk it. Throw it out. Bury it. Replace it with a pro-growth, pro-family tax cut that lowers tax rates to 17% across the board and expands exemptions for individuals and children so that a family of four would pay no taxes on the first $36,000 of income.
Not one cent to the IRS on the first $36,000. Anything over that would be taxed at a flat, fair 17%.
The flat tax would be simple. You could fill it out on a postcard. It would be honest. It would eliminate the principal source of political corruption in Washington. It would be fair. Millions of people would be off the federal income tax rolls.
There would be no tax on Social Security. No tax on pensions. No tax on personal savings. It would zero out capital gains taxes. It would set off a boom by letting people keep more of what they earn and by lowering barriers to risk taking.
I would support that plan over the complex IRS code we have today.
However, I feel that a consumption tax is fairer.
Start with a refund to anyone grossing under $36,000 or whatever.
Then tax consumption. Rich folks like the Kennedys and Kerrys would pay for their SUVs, private club memberships, 2nd, 3rd and 4th homes and sailing craft. Plus the taxes on their expensive private jet flights. What could be fairer?
Why should the rich have to pay so much more when they get essentially the same services as everyone else? The flat tax is just as unfair as the progressive income tax.
This again? The last time you commented on this, you were of the opinion that paying the same amount is fair, while paying the same percentage (but a higher amount) is not fair. And since we can't do what's fair, then fairness shouldn't even be considered in constructing a tax system, and your final vote was for the "progressive" tax system, where rich people pay a higher percentage and a far higher amount, and somehow you're OK with that.
Why you can't see the inconsistancy of that will forever be a mystery to me.
BlueTalon, if we agree that you cannot argue taxes in terms of "fairness," then we have a starting point. That was the point behind my facetious question. While the flat tax creates simplicity, it doesn't create fairness. Now, which is more important? Simplicity or health care, affordable college, shelters for the homeless, a safety net for our retirees, armor for our soldiers, clean air and water, etc.?
Rants and Rave about Federal Taxes...
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