In addition the bottom 40% of earners don’t pay a damned thing, but still get money back via things like earned income tax credits. So, not buying this bullchit.
Then why did the House vote for the elimination of the SALT ? It's like giving the rich a huge pay increase. Why ??
Oh yea, they are the ones who financed the "defeat" of Donald Trump. We were always told the republicans take care of the super rich. ("bankers" as my father in law called them) The super rich and democRATS make for strange bed fellows. But, anything to perpetuate the "swamp" in it's current form.
kwg
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
I don't want the wealthy to pay more, just pay an equal amount or equitable percent on income if we have to pay taxes. Just have it fair and not punishing anyone regardless of income amount.
That said I detest the wealthy and corporate tax structures that the tax system allows company executives to take stock option and other options and defer them and not qualify them as income. That is extremely unfair and a rigged system. If corporate execs can defer assets given to them for performance and employment then everyone should have the same structure. This is genuinely a class warfare move that should get addressed.
It gets worse with the real rich and their foindations and philanthropic programs. That's probably the biggest tax scam ever that the truly wealthy are involved in and they get painted as saints for not paying taxes on deferred and managed charity programs.
Still it would be wrong to penalize someone just because of income as the socialists aim for. Having equality is good enough for me
Everybody should pay 10% of every dime they earn if we are going to continue taxing income. Every dime! No exclusions. No deductions. You earn more, you pay more. Everybody should pay if anyone has to.
Over half the country does not pay anything! You want equity? Change this!
And that difference is what I think you might be alluding to.
The income you earn from an employer is treated differently than other income.
That other income is a Pandoras Box. It's how the well off avoid taxes on money they make. It also is a driver for investment that improves our economy and lives for everyone. And you are benefittting from it with retirement investments also.
Several years there was a push for The Fair Tax. Around 23% flat tax on every single thing you buy. That was a replacement for wage taxes for Federal Income and SS.
Every wage earner was entitled to a certain monthly stipend for essentials. So you would receive an automatic reimbursement from the IRS to cover taxes paid on necessities. This was food, clothes... It was too offset the policies of not paying taxes until a certain income level.
So your welfare rat paid taxes. If he was in the dole, working under the table, he got to help us foot the bill, finally.
The drug dealer had to pay when he bought a new Navigator. The guy buying properties as "investments" to protect money had to pay taxes.
It was a radical idea that I supported. But, it was doomed from the start. It was so simple, there was 0 paperwork. No need for tax lawyers, accountants, tax services, serious reduction in IRS staffing. Not hard to see why there was incentive to kill it, And who was against it.
Last edited by Dillonbuck; 11/20/21.
Parents who say they have good kids..Usually don't!
Typical SAcharlie style --- Make some ridiculously asinine post or comment without the slightest idea what he's talking about and then when he has his ass handed to him he slithers off like a intestinal parasitic worm.
You know, I don't even read any of your B.S. anymore, Suck A$$ Charley, but I'll pop in on as many of your stupid titles (they're easy to spot) as I see and just wish you a slow, painful death...
[quote=ShaunRyan]I really don't care how much the wealthy pay in taxes. I care about how much I pay in taxes, which is too damn much.[/quote]
So, what pray tell is the "right" amount of taxes?
about 1 percent,, federal state local combined
The government plans these shootings by targeting kids from kindergarten that the government thinks they can control with drugs until the appropriate time--DerbyDude
Whatever. Tell the oompa loompa's hey for me. [/quote]. LtPPowell
And that difference is what I think you might be alluding to.
The income you earn from an employer is treated differently than other income.
That other income is a Pandoras Box. It's how the well off avoid taxes on money they make. It also is a driver for investment that improves our economy and lives for everyone. And you are benefittting from it with retirement investments also.
Several years there was a push for The Fair Tax. Around 23% flat tax on every single thing you buy. That was a replacement for wage taxes for Federal Income and SS.
Every wage earner was entitled to a certain monthly stipend for essentials. So you would receive an automatic reimbursement from the IRS to cover taxes paid on necessities. This was food, clothes... It was too offset the policies of not paying taxes until a certain income level.
So your welfare rat paid taxes. If he was in the dole, working under the table, he got to help us foot the bill, finally.
The drug dealer had to pay when he bought a new Navigator. The guy buying properties as "investments" to protect money had to pay taxes.
It was a radical idea that I supported. But, it was doomed from the start. It was so simple, there was 0 paperwork. No need for tax lawyers, accountants, tax services, serious reduction in IRS staffing. Not hard to see why there was incentive to kill it, And who was against it.
Assuming we’re sticking with income tax, I meant ALL income. I’d prefer a national sales tax, or better yet, a flat yearly fee for the privilege of living here.
Tax it when your clients pay you for a job completed. Tax it again when you use it to buy supplies to do that job, or pay your employees. Tax it again when that employee pays for his groceries.
An entrepreneur should be taxed on NET income.
There should be ZERO corporate income tax. That dollar is taxed as income when paid out to shareholders.
People who choose to brew up their own storms bitch loudest about the rain.
I notice all the talk about "flat tax" a couple of election cycles ago sure disappeared fast. So taking that a step further, if the politicians wanted it dropped, probably the fat cats that buy and sell the politicians wanted it dropped, which means it's maybe a good thing for underachievers like me who have dirt under their fingernails.
Well this is a fine pickle we're in, should'a listened to Joe McCarthy and George Orwell I guess.
