24hourcampfire.com
24hourcampfire.com
-->
Previous Thread
Next Thread
Print Thread
Hop To
Page 4 of 5 1 2 3 4 5
Joined: Apr 2006
Posts: 9,548
H
Campfire Outfitter
Offline
Campfire Outfitter
H
Joined: Apr 2006
Posts: 9,548
Originally Posted by The_Real_Hawkeye
They should exempt food and medicine.

Where do you draw the line between SPAM and Lobster? Twinkies vs/ grapes or bananas?

How about Cholesterol meds vs. Viagra?

Our tax system is a complete 180 from where it should be. Your greatest tax burden SHOULD be to your municipality/township, then county, then state, then Federal. Think of how much more accountable politicians would be if your biggest $$ amount each month was being managed by the person you see at church, in the grocery store, etc, etc, etc.


I can walk on water.......................but I do stagger a bit on alcohol.

Joined: Jan 2010
Posts: 9,623
Likes: 1
F
Campfire Outfitter
Offline
Campfire Outfitter
F
Joined: Jan 2010
Posts: 9,623
Likes: 1
Nothing the gooberment is Clean or Easy.
They screw everything up that they touch.

I do not mean to muddy the waters but think about this.

If we have a flat tax (what ever the Rate) with no exclusions.

A Company , Business and or Corporation when they purchase anything whould pay the flat tax and then just add it on to the next guy.

The next Guy (not the end Guy) purchase the Item from a Business that just added the flat tax and tey pay the flat tax and add something to what they purchased from the Business before them and they add the flat tax they paid onto the product the next Guy does the same thing pays the flat tax and passes that onto the next guy.

By the time some products get the the last guy that has to pay the end all flat tax that tax has been inflated how much 30% , 40% , maybe 100+% who knows what it would be. It would depend on how many hands a product or even a Service had went threw.

I do not like the IRS but I do not see them being dismantled 100%.

A flat tax could and should shrink the IRS to a manageable size unlike what we have today with all of the run away agency's.

Joined: Dec 2002
Posts: 25,921
Likes: 2
I
Campfire Ranger
Online Happy
Campfire Ranger
I
Joined: Dec 2002
Posts: 25,921
Likes: 2
Who said anything about taxing goods meant for production?
Or any Corporate tax at all.

Corporate taxes are the most stupid thing this country has ever done.

If a corporation makes profits, that money is distributed as dividends. Those dollars should only be taxed as they are spent for consumer goods.


People who choose to brew up their own storms bitch loudest about the rain.
Joined: Sep 2014
Posts: 21,816
Likes: 2
Campfire Ranger
Offline
Campfire Ranger
Joined: Sep 2014
Posts: 21,816
Likes: 2
Originally Posted by rcamuglia
Quite a few here need to get more information before commenting as usual.


The Fair Tax is the way to go.

It’s a consumption tax.

If your salary is $1000/week, you will receive a check from your employer for $1000 with no withholding

Consumers will pay taxes by spending. Like stated previously, no taxes will be levied on the basic necessities for anyone.

If you don’t want to pay a bunch of tax, you have that choice by not buying things. It insures that people with higher incomes generally will pay more tax based on luxury purchases

It eliminates the IRS because all taxes are collected and paid by businesses which they already do now. Business owners are unpaid tax collectors for the government

Neal Boortz had great discussions about it after he coauthored the book.



With a monthly rebate to everyone to offset buying necessities.
So that the poorest weren't weren't unnecessarily harmed.

The original was around 28%.
Not as bad as it sounds considering SS was rolled into it.
And only money spent was taxed.

So every dollar not spent was like a 401k.
Tax free, to earn more tax free dollars. Until spent.

It has 0 chance of passing.

No IRS.
No tax preparation industry.
Severely decreased need for CPAs.
Same for tax attorneys.
These people aren't going to give up their gravy train without out a fight.


Parents who say they have good kids..Usually don't!
Joined: Jan 2010
Posts: 3,989
J
Campfire Tracker
Offline
Campfire Tracker
J
Joined: Jan 2010
Posts: 3,989
Originally Posted by Riverc
What's y'all opinion on this??

It'll never happen. What will all those IRS agents do them.


“No one in hell can ever say I went to Christ and He rejected me.

C.H. Spurgeon
IC B2

Joined: Jan 2006
Posts: 69,390
Likes: 4
Campfire Kahuna
Online Content
Campfire Kahuna
Joined: Jan 2006
Posts: 69,390
Likes: 4
The IRS will never go away but it can be radically trimmed.

A tax on investments? An investment is just a number in a computer. It's worthless until it's cashed in and spent. Tax the spending. If the investor wants to buy a 12' fishing boat, he can pay tax on that. If he wants a 30'er with 4 250hp motors, he can pay a lot more tax on that. No matter what he buys, he'll pay the tax when he spends the investment.


“In a time of deceit telling the truth is a revolutionary act.”
― George Orwell

It's not over when you lose. It's over when you quit.
Joined: Jun 2006
Posts: 16,393
Likes: 1
M
Campfire Ranger
Online Content
Campfire Ranger
M
Joined: Jun 2006
Posts: 16,393
Likes: 1
Originally Posted by Swifty52
Originally Posted by BillyGoatGruff
Originally Posted by Idaho_Shooter
No exemptions, no refunds, 10% on every purchase made in America. With exception of real estate, that is an investment. We would even get 10% back from welfare recipients. Hoo Rah.

Services? To be determined? Possibly if the budget requires it.

Why exempt real estate? Opens the door. It’s either exemptions or no exemptions. wink

Amen, I am paying 3K+ in property taxes, with 2700 of that to educate somebody else’s kids and illegals.

Brings up another tax issue.
Bond issues should be funded by a sales tax - instead of a property tax!
Renters, leasors, and "little Bobby, living in his parents basement" have no skin in the game. Therefore should have NO say!
Bond issues are taxation without ADEQUATE representation!


I've always been a curmudgeon - now I'm an old curmudgeon.
~Molɔ̀ːn Labé Skýla~
Joined: Jun 2006
Posts: 16,393
Likes: 1
M
Campfire Ranger
Online Content
Campfire Ranger
M
Joined: Jun 2006
Posts: 16,393
Likes: 1
Originally Posted by funshooter
Nothing the gooberment is Clean or Easy.
They screw everything up that they touch.

I do not mean to muddy the waters but think about this.

If we have a flat tax (what ever the Rate) with no exclusions.

A Company , Business and or Corporation when they purchase anything whould pay the flat tax and then just add it on to the next guy.

The next Guy (not the end Guy) purchase the Item from a Business that just added the flat tax and tey pay the flat tax and add something to what they purchased from the Business before them and they add the flat tax they paid onto the product the next Guy does the same thing pays the flat tax and passes that onto the next guy.

By the time some products get the the last guy that has to pay the end all flat tax that tax has been inflated how much 30% , 40% , maybe 100+% who knows what it would be. It would depend on how many hands a product or even a Service had went threw.

I do not like the IRS but I do not see them being dismantled 100%.

A flat tax could and should shrink the IRS to a manageable size unlike what we have today with all of the run away agency's.


I've always been a curmudgeon - now I'm an old curmudgeon.
~Molɔ̀ːn Labé Skýla~
Joined: Jun 2006
Posts: 16,393
Likes: 1
M
Campfire Ranger
Online Content
Campfire Ranger
M
Joined: Jun 2006
Posts: 16,393
Likes: 1
Originally Posted by mark shubert
Originally Posted by funshooter
Nothing the gooberment is Clean or Easy.
They screw everything up that they touch.

I do not mean to muddy the waters but think about this.

If we have a flat tax (what ever the Rate) with no exclusions.

A Company , Business and or Corporation when they purchase anything whould pay the flat tax and then just add it on to the next guy.

The next Guy (not the end Guy) purchase the Item from a Business that just added the flat tax and tey pay the flat tax and add something to what they purchased from the Business before them and they add the flat tax they paid onto the product the next Guy does the same thing pays the flat tax and passes that onto the next guy.

By the time some products get the the last guy that has to pay the end all flat tax that tax has been inflated how much 30% , 40% , maybe 100+% who knows what it would be. It would depend on how many hands a product or even a Service had went threw.

I do not like the IRS but I do not see them being dismantled 100%.

A flat tax could and should shrink the IRS to a manageable size unlike what we have today with all of the run away agency's.


I've always been a curmudgeon - now I'm an old curmudgeon.
~Molɔ̀ːn Labé Skýla~
Joined: Jun 2006
Posts: 16,393
Likes: 1
M
Campfire Ranger
Online Content
Campfire Ranger
M
Joined: Jun 2006
Posts: 16,393
Likes: 1
Originally Posted by mark shubert
Originally Posted by funshooter
Nothing the gooberment is Clean or Easy.
They screw everything up that they touch.

I do not mean to muddy the waters but think about this.

If we have a flat tax (what ever the Rate) with no exclusions.

A Company , Business and or Corporation when they purchase anything whould pay the flat tax and then just add it on to the next guy.

The next Guy (not the end Guy) purchase the Item from a Business that just added the flat tax and tey pay the flat tax and add something to what they purchased from the Business before them and they add the flat tax they paid onto the product the next Guy does the same thing pays the flat tax and passes that onto the next guy.

By the time some products get the the last guy that has to pay the end all flat tax that tax has been inflated how much 30% , 40% , maybe 100+% who knows what it would be. It would depend on how many hands a product or even a Service had went threw.

I do not like the IRS but I do not see them being dismantled 100%.

A flat tax could and should shrink the IRS to a manageable size unlike what we have today with all of the run away agency's.

This is EXACTLY what we suffer in our state.
Politicians are govt approved thieves, who think they are Robin Hood (take from the rich & give to the poor)
The cumulative tax rate is astronomical - unless you're "poor".
Therefore NO incentive to work. 56% of our population work, the rest are supported by the workers.


I've always been a curmudgeon - now I'm an old curmudgeon.
~Molɔ̀ːn Labé Skýla~
IC B3

Joined: May 2008
Posts: 5,173
Likes: 5
D
Campfire Tracker
Online Content
Campfire Tracker
D
Joined: May 2008
Posts: 5,173
Likes: 5
Originally Posted by rcamuglia
Quite a few here need to get more information before commenting as usual.


The Fair Tax is the way to go.

It’s a consumption tax.

If your salary is $1000/week, you will receive a check from your employer for $1000 with no withholding

Consumers will pay taxes by spending. Like stated previously, no taxes will be levied on the basic necessities for anyone.

If you don’t want to pay a bunch of tax, you have that choice by not buying things. It insures that people with higher incomes generally will pay more tax based on luxury purchases

It eliminates the IRS because all taxes are collected and paid by businesses which they already do now. Business owners are unpaid tax collectors for the government

Neal Boortz had great discussions about it after he coauthored the book.
I'll be damned! I actually agree with you on something.

Joined: Jan 2002
Posts: 10,606
Campfire Outfitter
Offline
Campfire Outfitter
Joined: Jan 2002
Posts: 10,606
Originally Posted by Riverc
What's y'all opinion on this??

Government doesn’t need more money , they need less spending and less money.



[Linked Image from ]
Joined: Feb 2010
Posts: 16,076
G
Campfire Ranger
Offline
Campfire Ranger
G
Joined: Feb 2010
Posts: 16,076
A fair tax would be something like everybody in the United States send in like $5000 a year. No exemptions; no exclusions.

Joined: Mar 2013
Posts: 3,599
Likes: 1
Dre Online Content
Campfire Tracker
Online Content
Campfire Tracker
Joined: Mar 2013
Posts: 3,599
Likes: 1
Haven’t read all the replies or specifics on the bill.
But I’d be happy to pay one flat rate sales tax. Let’s say 15%?
But! no more federal, State, property or any kind of tax.
People get their full pay checks. Everyone would be so much better off and the $ would go right back into the economy as Americans love to buy and spend.
This would also solve the illegals and side hustle or drug money. Simply no way getting around as everyone pays the same tax on all items purchased.


All of them do something better than the 30-06, but none of them do everything as well.
Joined: Sep 2014
Posts: 21,816
Likes: 2
Campfire Ranger
Offline
Campfire Ranger
Joined: Sep 2014
Posts: 21,816
Likes: 2
Originally Posted by mark shubert
Originally Posted by Swifty52
Originally Posted by BillyGoatGruff
Originally Posted by Idaho_Shooter
No exemptions, no refunds, 10% on every purchase made in America. With exception of real estate, that is an investment. We would even get 10% back from welfare recipients. Hoo Rah.

Services? To be determined? Possibly if the budget requires it.

Why exempt real estate? Opens the door. It’s either exemptions or no exemptions. wink

Amen, I am paying 3K+ in property taxes, with 2700 of that to educate somebody else’s kids and illegals.

Brings up another tax issue.
Bond issues should be funded by a sales tax - instead of a property tax!
Renters, leasors, and "little Bobby, living in his parents basement" have no skin in the game. Therefore should have NO say!
Bond issues are taxation without ADEQUATE representation!



Renters don't pay real estate taxes?


Parents who say they have good kids..Usually don't!
Joined: Jan 2011
Posts: 1,761
J
Campfire Regular
Offline
Campfire Regular
J
Joined: Jan 2011
Posts: 1,761
Originally Posted by AdventureBound
Some questions to ask:

For people living paycheck-to-paycheck, do they end up effectively paying a higher tax rate because they have no money to save, (assuming that savings are not taxed)

Are luxury items taxed at a higher rate? (Talking about opening a can of worms - who decides what is a luxury item)

Are unhealthy items such as cigarettes and liquor taxed at a higher rate?

Are medicines exempt from taxes?

Many questions like these …. I don’t disagree with the concept, but I don’t think the implementation is simple.

One thing to consider is it will only be on new items, as least thats how I understood it when this was floated some 10 - 15 years ago. With that said, a person would have some control on how much tax they pay, buy used and fix thongs3, if one has to have new, pay the tax.

I would support it and hopefully downsize the IRS.

Also anyone making money on the blackmarket and buying new things will be taxed.

Apologies if this has been covered, haven't read it all yet.


For those without thumbs, it's s Garden fookin Island, not Hawaii
Joined: Jun 2007
Posts: 112
M
Campfire Member
Offline
Campfire Member
M
Joined: Jun 2007
Posts: 112
This idea presents a real problem for disabled veterans. Currently their meager compensation is not taxable. A tax that high on top of local taxes would be devastating.

Joined: Feb 2013
Posts: 21,786
Likes: 7
C
Campfire Ranger
Online Content
Campfire Ranger
C
Joined: Feb 2013
Posts: 21,786
Likes: 7
Originally Posted by Riverc
What's y'all opinion on this??

Pipe Dream...


If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.



Joined: Nov 2004
Posts: 10,010
Likes: 1
B
Campfire Outfitter
Offline
Campfire Outfitter
B
Joined: Nov 2004
Posts: 10,010
Likes: 1
I hate property tax. You're always renting from the government. I paid sales tax on all the materials to built just tax the labor too once and call it good. The problem is they'll just keep taxing everything else too.

Bb

Joined: Aug 2007
Posts: 115,424
Likes: 13
Campfire Sage
Offline
Campfire Sage
Joined: Aug 2007
Posts: 115,424
Likes: 13
I like the idea of a sales tax and believe both income and property taxes are criminal.


Originally Posted by Geno67
Trump being classless,tasteless and clueless as usual.
Originally Posted by Judman
Sorry, trump is a no tax payin pile of shiit.
Originally Posted by KSMITH
My young wife decided to play the field and had moved several dudes into my house
Page 4 of 5 1 2 3 4 5

Moderated by  RickBin 

Link Copied to Clipboard
AX24

629 members (007FJ, 160user, 10ring1, 10gaugeman, 10Glocks, 12344mag, 64 invisible), 2,620 guests, and 1,377 robots.
Key: Admin, Global Mod, Mod
Forum Statistics
Forums81
Topics1,192,213
Posts18,485,446
Members73,966
Most Online11,491
Jul 7th, 2023


 


Fish & Game Departments | Solunar Tables | Mission Statement | Privacy Policy | Contact Us | DMCA
Hunting | Fishing | Camping | Backpacking | Reloading | Campfire Forums | Gear Shop
Copyright © 2000-2024 24hourcampfire.com, Inc. All Rights Reserved.



Powered by UBB.threads™ PHP Forum Software 7.7.5
(Release build 20201027)
Responsive Width:

PHP: 7.3.33 Page Time: 0.171s Queries: 54 (0.007s) Memory: 0.9164 MB (Peak: 1.0235 MB) Data Comp: Zlib Server Time: 2024-05-03 00:56:31 UTC
Valid HTML 5 and Valid CSS