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Posted: 2/3/2016 10:12:50 PM EDT
[#1]
Quote HistoryQuoted:
Can we just have a 10% flat tax and be done with it please? This makes sense to me. I know some people hate the idea though. Can anyone elaborate as to why its a bad idea? |
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Posted: 2/3/2016 10:40:40 PM EDT
[#2]
Quote HistoryQuoted: This makes sense to me. I know some people hate the idea though. Can anyone elaborate as to why its a bad idea? Quote HistoryQuoted: Quoted: Can we just have a 10% flat tax and be done with it please? This makes sense to me. I know some people hate the idea though. Can anyone elaborate as to why its a bad idea? Because 10% of poor people's income hurts worse than 10% of the rich people's income when it comes to the gritty business of living. Not saying it as my reasoning, it's a reality. I don't think it's a reality that justifies disproportionate coercive taxation and then calling it "fair", but there it is. |
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Posted: 2/3/2016 10:42:52 PM EDT
[#3]
End all write offs and it would be perfectly fair....IMO.
Some argue that it hurts the poor more than the rich, so it isnt fair. And some argue that it would create a huge black market. |
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Posted: 2/3/2016 11:01:33 PM EDT
[#4]
No. They mostly pay way, way, way more than their fair share.
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Posted: 2/3/2016 11:03:17 PM EDT
[#5]
Quoted:
According to the IRS’s numbers for 2011: The top 10 percent of US wage-earners pay two-thirds of the income tax. The bottom 50 percent — all Americans with an income below the median — pay 3 percent. The top one percent earn 19 percent of the total income and pay 35 percent of the federal income tax. The top 0.1 percent pay 16 percent of the income tax. do you even wage earner bro? If you earn a wage, you aint rich. |
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Posted: 2/3/2016 11:08:14 PM EDT
[#6]
Quote HistoryQuoted:
The problem is that too many people don't have skin in the game.  Yep. 
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Posted: 2/3/2016 11:10:35 PM EDT
[#7]
I don't think that I'm rich but between my husband and I we have a combined income of $155,000. We pay (after every deduction I can squeeze) $7500 in taxes to Uncle Sam.
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Posted: 2/3/2016 11:10:43 PM EDT
[#8]
But proportionally, I don't think they do. Charlie Sheen paying his "goddesses" almost $100,000 each was, proportional to his worth, literally as though he went out and bought a McRib sandwich. Whereas if you make $70k, the taxes you pay are WAY more proportionally high for you than for someone who makes $3 million.
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Posted: 2/3/2016 11:13:01 PM EDT
[#9]
Quote HistoryQuoted: But proportionally, I don't think they do. Charlie Sheen paying his "goddesses" almost $100,000 each was, proportional to his worth, literally as though he went out and bought a McRib sandwich. Whereas if you make $70k, the taxes you pay are WAY more proportionally high for you than for someone who makes $3 million. But the question remains, have you ever given your McRib AIDS? |
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Posted: 2/3/2016 11:19:26 PM EDT
[#10]
Good place for this oldie but goodie:
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Posted: 2/3/2016 11:23:27 PM EDT
[#11]
Somebody is pulling the wagon.
Some day the wagon will just be full of assholes wondering why the wagon don't be moving no more. |
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Posted: 2/3/2016 11:23:42 PM EDT
[#12]
Yes, they pay their share and then some.
The poor actually love to "pay taxes", because for the poor "paying taxes" means that they get free money. The poor may not withhold anything all year, but get 10K back. |
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Posted: 2/3/2016 11:28:01 PM EDT
[#13]
Quote HistoryQuoted:
We paid low $100's k in federal taxes last year. First world pro--- 
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Posted: 2/3/2016 11:28:39 PM EDT
[#14]
unfair shares are all there is
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Posted: 2/3/2016 11:36:05 PM EDT
[#15]
Quote HistoryQuoted: I don't think that I'm rich but between my husband and I we have a combined income of $155,000. We pay (after every deduction I can squeeze) $7500 in taxes to Uncle Sam. |
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Posted: 2/3/2016 11:36:20 PM EDT
[#16]
I am middle class and still owed taxes this year. Single, no kids, no deductions...I get nailed for not making much. Meanwhile some asshole who probably paid less than a $1000 in taxes gets a $4000 tax return.
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Posted: 2/3/2016 11:38:07 PM EDT
[#17]
Quoted:
According to the IRS’s numbers for 2011: The top 10 percent of US wage-earners pay two-thirds of the income tax. The bottom 50 percent — all Americans with an income below the median — pay 3 percent. The top one percent earn 19 percent of the total income and pay 35 percent of the federal income tax. The top 0.1 percent pay 16 percent of the income tax. I'm in that paying two thirds part. Anyone complaining that the "rich" aren't "paying their fair share" is innumerate, dishonest, or entirely unreasonable. Pretty much the same as anyone trying to make use of the labor theory of value, or running afoul of the zero sum fallacy. It'll eventually be a self-correcting problem, though. I honestly wouldn't mind Sanders winning just to see people get what they voted for. Quoted:
Quoted:
Can we just have a 10% flat tax and be done with it please? This makes sense to me. I know some people hate the idea though. Can anyone elaborate as to why its a bad idea? Look at the OP's numbers, that tells you all you need to know. Almost half of "taxpayers" don't pay any income tax at all; in fact, most of those get free money back in the form of refundable tax credits. Those people would get absolutely slaughtered in terms of what they're paying in taxes. Everyone else is paying a disproportionate amount, so much so that while cutting their taxes would provide an economic boost, that boost may not help much in the face of the immediate, and fucking HUGE, budget shortfall that would result. We are simply spending way too much money we don't have, and Glorious Leader just spent the last 7 years wasting much of the debt capacity we could have used to unfuck things and instead spent it on magic beans and payouts to cronies. People keep asking this sort of question; I can only assume they don't quite understand what people mean when they say nearly half of tax payers pay no net income tax at all. |
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Posted: 2/3/2016 11:44:39 PM EDT
[#18]
Quote HistoryQuoted:
The problem is that too many people don't have skin in the game. There is always hope they will elect one of their vaunted commies. Then they WILL pay their share via labor or death. 
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Posted: 2/3/2016 11:48:50 PM EDT
[#19]
My wife and I are considered middle upper class. By no means rich. However we pay an assload of taxes. We are in the 35% federal tax bracket. And we owe about $5000 every year even though we both claim zero. Taxes are a fucking joke.
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Posted: 2/3/2016 11:53:49 PM EDT
[#20]
Quote HistoryQuoted:
I don't think that I'm rich but between my husband and I we have a combined income of $155,000. We pay (after every deduction I can squeeze) $7500 in taxes to Uncle Sam. We should eliminate tax breaks for married individuals. |
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Posted: 2/4/2016 11:46:14 PM EDT
[#21]
Quote HistoryQuoted:
The problem is that too many people don't have skin in the game. Yep |
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Posted: 2/4/2016 11:48:31 PM EDT
[#22]
How about the government has no right to information such as our wages, nor any right or justification to appropriate it, nor the right to discriminate between individuals thanks to equal protection under the law.
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Posted: 2/4/2016 11:52:09 PM EDT
[#23]
Quote HistoryQuoted: We should eliminate Federal income tax breaks for married individuals. Quote HistoryQuoted: Quoted: I don't think that I'm rich but between my husband and I we have a combined income of $155,000. We pay (after every deduction I can squeeze) $7500 in taxes to Uncle Sam. We should eliminate Federal income tax breaks for married individuals. Fixed. |
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Posted: 2/4/2016 11:52:47 PM EDT
[#24]
Wage earners pay most of the income tax, rich people do not get paid in wages.
A wage is paid to people who provide a labor or a skilled service.... That is everyone from the ditch digger to the CEO. The owners of large corporations and banks, and many others do not get paid a wage.
Yet wage earners (the middle class) pay the majority of income taxes. most of You confuse the middle class with the wealthy or rich. sorry fellers you ain't the rich, you just get the shit taxed out of you. and the government gives most of that money to rich...... lol |
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Posted: 2/4/2016 11:53:18 PM EDT
[#25]
Yes they do...
...but the more the left lies about it, the more idiots believe they don't. |
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Posted: 2/4/2016 11:56:12 PM EDT
[#26]
Quote HistoryQuoted:
Yep Quote HistoryQuoted:
Quoted:
The problem is that too many people don't have skin in the game. Yep And, the folks with no skin in the game can vote themselves a "pay" increase. |
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Posted: 2/5/2016 12:01:06 AM EDT
[#27]
It's usually those who arensoaking the system and pay nothing that say the wealthy don't pay their fair share.
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Posted: 2/5/2016 12:02:16 AM EDT
[#28]
why do you guys persist in thinking that we have some sort of civilization?
how come on Monday you think there is going to be a depression but on Friday you think the country is run by Ayn Rand heroes it's just a massive free-for-all there are no rules anymore up is down, left is right whoever is vulnerable for getting fucked is getting fucked by a vast army of people who have no rules and no morality and everyone is concerned with who's on "dancing with the stars" our country is being strip mined we're in a social, economic, and moral free fall it's total chaos read the book "1984" and it will all make sense |
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Posted: 2/5/2016 12:09:30 AM EDT
[#29]
It makes me crazy that the Republican party is terrible at getting this message out. They let the liberals tag them with the 'tax cuts for the rich' label, when in reality, any tax cut is going to benefit the rich. The people that the liberals define as rich are paying all the taxes.
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Posted: 2/5/2016 12:12:31 AM EDT
[#30]
Quote HistoryQuoted:
It makes me crazy that the Republican party is terrible at getting this message out. They let the liberals tag them with the 'tax cuts for the rich' label, when in reality, any tax cut is going to benefit the rich. The people that the liberals define as rich are paying all the taxes. the republicans want the money too. they arent going to piss off their donors by taxing them, where would they get their inside trading information if they pissed of their owners. |
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Posted: 2/5/2016 12:20:15 AM EDT
[#31]
Quote HistoryQuoted:
The rich pay everyone's share. |
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Posted: 2/5/2016 12:29:37 AM EDT
[#32]
Troll thread
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Posted: 2/5/2016 12:34:33 AM EDT
[#33]
Quote HistoryQuoted:
sadly... the regular"rich" get balled in with the mega -rich .001%. The .001% exploit the system and pay little tax in comparison with what they extract from the country. I talking about the infrastructure, resources, military... etc. small business owners who managed to make themselves millionaires are not the problem... in fact they are the backbone of the U.S. The only RICH that are not paying thier fair share are way beyond the bottom .999% of the top 1% Even thought the ultra rich are not paying in what they take out of the country... they are not the enemy. The politicians that do their bidding are the enemy. Quote HistoryQuoted:
Quoted:
The rich pay everyone's share. sadly... the regular"rich" get balled in with the mega -rich .001%. The .001% exploit the system and pay little tax in comparison with what they extract from the country. I talking about the infrastructure, resources, military... etc. small business owners who managed to make themselves millionaires are not the problem... in fact they are the backbone of the U.S. The only RICH that are not paying thier fair share are way beyond the bottom .999% of the top 1% Even thought the ultra rich are not paying in what they take out of the country... they are not the enemy. The politicians that do their bidding are the enemy. "extract from the country", "take out of the country"; when you use phrases like this to characterize how you believe wealthy people "steal" from the economy or from their fellow citizens, you sound like a socialist and you would probably be better off keeping your thoughts to yourself, or maybe get out to a Bernie rally. |
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Posted: 2/5/2016 12:40:17 AM EDT
[#34]
Quote HistoryQuoted:
The problem is that too many people don't have skin in the game. |
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Posted: 2/5/2016 12:45:28 AM EDT
[#35]
Quote HistoryQuoted: It is so wrong to get money back that was never paid in the first place. Quote HistoryQuoted: Quoted: I would like to see poor people pay their fair share, never gonna happen though. Yep. Used to do my kids and their friends taxes. All of them who had kids got around $5k refund. The earned income tax credit is the ultimate redistribution. |
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Posted: 2/5/2016 12:46:15 AM EDT
[#36]
Quote HistoryQuoted:
The problem is that too many people don't have skin in the game. |
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Posted: 2/5/2016 12:46:50 AM EDT
[#37]
Quote HistoryQuoted:
Can we just have a 10% flat tax and be done with it please? This please. |
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Posted: 2/5/2016 12:58:19 AM EDT
[#38]
This conversation is dumb. Problem really isn't how much some billionaire earns or what percent he pays in taxes, or how much some McDonald's fry cook earns and what percent he pays in taxes (or doesn't). The problem is politicians at every level of government who spend like drunken sailors thus forcing everyone to pay a shit ton of their earnings in income taxes, medicare taxes, social security taxes, sales taxes, payroll taxes, property taxes, gasoline taxes, utility taxes, cell phone taxes, healthcare taxes, etc. Cut government size and spending by 50%, and taxes by as much, and people won't argue about this crap anymore.
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Posted: 2/5/2016 1:01:03 AM EDT
[#39]
Quote HistoryQuoted:
This conversation is dumb. Problem really isn't how much some billionaire earns or what percent he pays in taxes, or how much some McDonald's fry cook earns and what percent he pays in taxes (or doesn't). The problem is politicians at every level of government who spend like drunken sailors thus forcing everyone to pay a shit ton of their earnings in income taxes, medicare taxes, social security taxes, sales taxes, payroll taxes, property taxes, gasoline taxes, utility taxes, cell phone taxes, healthcare taxes, etc. Cut government size and spending by 50%, and taxes by as much, and people won't argue about this crap anymore. Yep. |
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Posted: 2/5/2016 1:02:50 AM EDT
[#40]
Quote HistoryQuoted:
It is so wrong to get money back that was never paid in the first place. Quote HistoryQuoted:
Quoted:
I would like to see poor people pay their fair share, never gonna happen though. Yes, absolutely crazy. Person claims 6 on their w4. Makes 40k and then proceeds to get 8k back in taxes.
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Posted: 2/5/2016 1:07:26 AM EDT
[#41]
Quote HistoryQuoted:
Wisdom. Quote HistoryQuoted:
Quoted:
The problem is that too many people don't have skin in the game. Wisdom. Agreed. GE is a good example.
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Posted: 2/5/2016 1:18:20 AM EDT
[#42]
"they" pay too much.
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Posted: 2/5/2016 1:20:46 AM EDT
[#43]
The rich don't have to pay taxes because they don't have income. It's called trusts, foundations that are established off shore. Trust or foundation or what-not buys a car, clothes or house for them and is held by the trust or foundation.
Everytime they start the straw man argument of taxing the rich, it's about removing write offs for the middle class. Saw that happen when Reagan was president. |
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Posted: 2/5/2016 1:26:13 AM EDT
[#44]
Quote HistoryQuoted:
But some DemocRAT would give them the extra money so they could pay it, just to be fair. Quote HistoryQuoted:
Quoted:
I would like to see poor people pay their fair share, never gonna happen though. The fair tax kinda does this. Monthly "prebate" to the head of household, 1/12 of the poverty rate for their family size. Every month. Every household. |
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Posted: 2/5/2016 1:55:40 AM EDT
[#45]
Didn't the Facebook founder flee Estados Unidos to avoid taxes?
BTW, Goggle pocketed $30 billion in profits w/out taxes because they registered themselves in Bermuda. Best solution? Get rid of the income tax. |
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Posted: 2/5/2016 1:57:08 AM EDT
[#46]
They pay more than their fair share. The top 1% pay 27% of all the Income Taxes.
I think it's past the point where the bottom 50% don't pay anything at all. |
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Posted: 2/5/2016 2:00:02 AM EDT
[#47]
Quote HistoryQuoted:
The rich pay everyone's share. this |
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Posted: 2/5/2016 2:16:57 AM EDT
[#48]
Quote HistoryQuoted:
The problem is that too many people don't have skin in the game. That's a good portion of the issue, however the rich buy the tax laws they want in order to shelter their income from taxation. Or at least that's the only explanation I can come up for have 10s of thousands of pages of tax code. |
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Posted: 2/5/2016 2:17:21 AM EDT
[#49]
The millionaires are paying their fair share. Its the ultra rich millionaires who aren't paying their fair share.
It's funny how some of you think you're part of the upper class on incomes of $100-200k. |
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Posted: 2/5/2016 2:21:01 AM EDT
[#50]
Quote HistoryQuoted:
But proportionally, I don't think they do. Charlie Sheen paying his "goddesses" almost $100,000 each was, proportional to his worth, literally as though he went out and bought a McRib sandwich. Whereas if you make $70k, the taxes you pay are WAY more proportionally high for you than for someone who makes $3 million. Let's look at your example for a math lesson in proportionality. We will even take a flat 10% tax rate. So you are saying the $7000 the one guy is paying hurts more than the $300,000 the other guy is paying? Through in a graduated system plus rates proposed by Bern and the 'rich' guy will be paying over $1,500,000. You don't think that will hurt? Or are you saying there should be a limit on the amount a person can earn? Why would a person even try to make more when it is going directly to the government? |
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