They Don’t Pay Their Fair Share

#452
#452
McDad said:
Income tax will never go away.

Let's discuss sturcture.
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Then in my opinion a flat rate with zero deductions, credits, differentiating types of income and withholding is where we need to focus our attention.
 
#456
#456
hog88 said:
Then in my opinion a flat rate with zero deductions, credits, differentiating types of income and withholding is where we need to focus our attention.
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Does the flat rate start at $1?
 
#459
#459
hog88 said:
Then in my opinion a flat rate with zero deductions, credits, differentiating types of income and withholding is where we need to focus our attention.
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You have to allow deductions otherwise you’re decentivizing private business and incentivizing employment

For example I have to deduct all the materials and labor I pay on this rental I’m working on. Otherwise you’re disadvantaging me by taxing me at a greater rate than an employee of someone else who earns similar income
 
#460
#460
Vol8188 said:
If the argument is regarding wealth, income; and taxes, it seems like the most important metric. Is that not this so all about?
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We are talking about wealth, income, and taxes in conjunction with the effects of wealth/income inequalities. The effects of those inequalities would be paramount to the discussion.
 
#462
#462
McDad said:
What's the percentage or the range you'd set?
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Bear in mind I would eliminate all other forms of federal taxation (not including tariffs and fees) so I would say between 15 and 20%. Individuals and corporations would fill out a 2 line tax return and mail a check once per year.
 
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#463
#463
luthervol said:
We are talking about wealth, income, and taxes in conjunction with the effects of wealth/income inequalities. The effects of those inequalities would be paramount to the discussion.
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So you think it’s more beneficial to be poor or earn less money? Or can we agree the increasing wages of the lower and middle class overtime have been a major positive?
 
#464
#464
hog88 said:
Just call it what it is, wealth or income envy. The actual gap in wealth or income between what person one has vs person two does not affect their lives. Their envy of what person 1 has is leading to their poor decisions.
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lol....The massive wealth/income inequalities invariably and understandably lead to wealth envy. The two are inseparable, especially when the system is perceived as unfair.
 
#465
#465
Vol8188 said:
What specific aspect would you like to discuss
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Should we have a head tax? Take the budget and divide among everyone of voting age and that is the tax paid? We all benefit from national defense, roads, courts, etc. Why should anyone overpay for the services equally benefitting everyone?
 
#466
#466
SpaceCoastVol said:
Did you know the average smoker spends almost $2300/year on cigs?
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Can’t do it right now but I’d love to know what that comes out to if invested from 18-65 at 5% a year. The point being leaving the lower class and becoming a millionaire is well within the reach of anyone
 
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#467
#467
Vol8188 said:
You have to allow deductions otherwise you’re decentivizing private business and incentivizing employment

For example I have to deduct all the materials and labor I pay on this rental I’m working on. Otherwise you’re disadvantaging me by taxing me at a greater rate than an employee of someone else who earns similar income
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But would I? What is your incentive for being in business?
 
#468
#468
hog88 said:
Bear in mind I would eliminate all other forms of federal taxation (not including tariffs and fees) so I would say between 15 and 20%. Individuals and corporations would fill out a 2 line tax return and mail a check once per year.
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Simple. Straightforward. Equal.

Why doesn't anyone campaign and win on this idea?
 
#469
#469
McDad said:
Should we have a head tax? Take the budget and divide among everyone of voting age and that is the tax paid? We all benefit from national defense, roads, courts, etc. Why should anyone overpay for the services equally benefitting everyone?
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It’s an interesting concept but what about those who truly can’t pay their fair share?
 
#471
#471
luthervol said:
lol....The massive wealth/income inequalities invariably and understandably lead to wealth envy. The two are inseparable, especially when the system is perceived as unfair.
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Then we need to work on peoples perception and stop feeding their jealousies.
 
#472
#472
Vol8188 said:
It’s an interesting concept but what about those who truly can’t pay their fair share?
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They would owe the government money. The government would garnish wages and sell assets.

I suppose a system of tax tribute could be arranged where those who lamented the unfairness could pay the taxes on behalf of those who couldn't pay. I am certain there are enough Ds in the country to cover the tax liability.
 
#473
#473
McDad said:
Should we have a head tax? Take the budget and divide among everyone of voting age and that is the tax paid? We all benefit from national defense, roads, courts, etc. Why should anyone overpay for the services equally benefitting everyone?
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I've brought up the idea that no one pays taxes directly to the federal government, all responsibility for social services (medicare/medicaid/social security ext) is transferred to the states and the states pay tax to the federal government for the services it is constitutionally mandated to provide.
 
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#474
#474
McDad said:
Should we have a head tax? Take the budget and divide among everyone of voting age and that is the tax paid? We all benefit from national defense, roads, courts, etc. Why should anyone overpay for the services equally benefitting everyone?
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I think the "equally benefitting everyone" concept would generate a little dissention
 
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