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slapass 12-24-2015 05:25 AM

Quote:

Originally Posted by OldJeff (Post 20677117)
10% of Net Income, this is "personal income taxes" corporations are another animal all together, and 10% would actually be too low, but it is an easy number to work with.

And it would be on all income, probably about 20% would do nicely, Wages and Salary, Corporate profits, Capital Gains.

Simple math says 20% tax on all income combined with an actual 10% cut in spending (not the typical cut down on the rate we are increasing)

I am also not opposed to "The Donalds" one time wealth tax on billionaires going straight into the National debt, although I doubt it would eliminate it it would take a very healthy bite out of it and skyrocket the USD value

The flat tax is much harder on the working poor then the wealthy as written. Maybe that is ok.
The detail thing is the hard part. Do you deduct education? Private planes? You still have to define income and deductions. That is where all the hanky panky is. Off shore earnings? Etc.

Robbie 12-24-2015 10:58 AM

Quote:

Originally Posted by slapass (Post 20677987)
The flat tax is much harder on the working poor then the wealthy as written. Maybe that is ok.

Isn't there a cutoff point on income in the flat tax idea? Where people who make less than a certain amount would pay no tax?

Honestly, I'm thinking that ALL income tax needs to go. Replace it with a sales tax and stop penalizing people for working and trying to make money.

National sales tax would be a much fairer tax on everyone. No tax on food or utilities or housing. But everything else.

That way, people who get paid in cash under the table (waitresses, strippers, escorts, drug dealers, people selling shit at the flea market, bands, etc.) would pay tax when they use that money to buy something.

And the wealthy buy much more expensive things than people with less money so they would pay more taxes.

I'm starting to think that would be the way to go.

epitome 12-26-2015 01:15 PM

It was littered with libtard. Who's the kindergartener? Kindergarteners also always think they're right and see the world in black and white. They're also sore losers. Shall I go on?

How about the truth: both parties are right about 50% of the time. When one is wrong, the other is usually right.

mikesouth 12-26-2015 03:18 PM

When are y'all gonna figure it out the Democrats and The Republicans are the same people.

They are in a very real sense one very large corporation whose goal is to make themselves more powerful over time and if that means ignoring the constitution or redefining the meaning of the words "Shall not be infringed" then so be it.

They pretend to be giving you a choice but no matter which choice you make you are still empowering the corporation.

Look at the anamoly called Donald Trump had he been a part of the corporation he would be long gone, the Republican Party clearly doesnt want him, but they cant withold funds or play money games with his campaign because he is entirely self financed...It's throwing a wrench into the works of the corporation I hope and pray that his popularity is the result of people finally "getting it"

Whether he makes it to election day or not the best case scenarion is that people wake up and start seeing the democrats and the republicans, not as adversaries but as the co-conspirators they are and their real adversary is us.

$money$ 12-26-2015 04:53 PM

http://outofedenwalk.nationalgeograp...es-salopek.jpg

You guys in Canada are sooo welcoming!

escorpio 12-26-2015 04:57 PM

Quote:

Originally Posted by Robbie (Post 20678226)
Isn't there a cutoff point on income in the flat tax idea? Where people who make less than a certain amount would pay no tax?

Honestly, I'm thinking that ALL income tax needs to go. Replace it with a sales tax and stop penalizing people for working and trying to make money.

National sales tax would be a much fairer tax on everyone. No tax on food or utilities or housing. But everything else.

That way, people who get paid in cash under the table (waitresses, strippers, escorts, drug dealers, people selling shit at the flea market, bands, etc.) would pay tax when they use that money to buy something.

And the wealthy buy much more expensive things than people with less money so they would pay more taxes.

I'm starting to think that would be the way to go.

:thumbsup:thumbsup:thumbsup

mce 12-26-2015 05:04 PM

http://i.imgur.com/IUqdaAC.png

2MuchMark 12-26-2015 06:04 PM

Quote:

Originally Posted by $money$ (Post 20679511)
http://outofedenwalk.nationalgeograp...es-salopek.jpg

You guys in Canada are sooo welcoming!

The picture you linked to is from February 2015. It was taken near the Mürşitpınar border crossing in Turkey.

If you want to know what Canada is really doing, what it looks like and what the real effects are so far, here are a few links for you.

#WelcomeRefugees
Canada's welcoming refugee response praised in Arab media - World - CBC News


And then there's this: "Syrian refugees now in Toronto look forward to 'beautiful future'" Syrian refugees now in Toronto look forward to 'beautiful future' - Toronto - CBC News

And now some real pictures.

http://rack.2.mshcdn.com/media/ZgkyM...darefugees.jpghttps://s1.yimg.com/bt/api/res/1.2/6...7_10205456.jpghttp://www.cic.gc.ca/english/refugee...07_665x335.jpghttp://i.huffpost.com/gen/3769748/im...U-facebook.jpghttps://s.yimg.com/bt/api/res/1.2/kq...-Refugees1.JPGhttp://pixel.nymag.com/imgs/daily/in....w529.h352.jpg

PornDiscounts-V 12-26-2015 10:04 PM

Quote:

Originally Posted by ezgirl (Post 20675876)
Please provide your source that conservatives make it "...the bread and butter directive of the party." Since you say it is "the bread and butter directive" this should be easy for you. I'm assuming by conservatives you actually mean Republican Party since there is no "Conservative Party". So let's see that "directive", or anything close, and your source please. Thanks.

Quote:

HARWOOD: How do you think people who live paycheck to paycheck will receive that your tax plan eliminates taxes on estates, capital gains, and dividends?

RUBIO: First of all, capital gains and dividends is investment. My father had a job as a bartender at a hotel. And the reason why he had a job as a bartender is because someone with money invested in that hotel. Thatâ??s why he had a salary, and thatâ??s why he had tips.
And there you go...

Robbie 12-26-2015 11:48 PM

Quote:

Originally Posted by vvvvv (Post 20679622)
And there you go...

If you don't mind me asking...what does tax law pertaining to OTHER people have to do with people "living paycheck to paycheck"?

Just curious. I don't see how taxes paid or not paid by someone else has anything to do with me

Do you think that estate taxes and capital gain taxes and such are fair and that the govt. has a right to tax you when you die?

Paul Markham 12-27-2015 02:33 AM

50 liberals replying.

Quote:

Originally Posted by OldJeff (Post 20676336)
You are missing it Paul, I do not in any way claim to be conservative

And a flat tax does not create less revenue, in fact with the elimination of bullshit loopholes, and a simpler tax code it would create more. (like no you can't write off the private plane you took to Fiji to fuck your secretary undisturbed)

Among the left sided policies I could get behind are free healthcare are opposed to the Insurance company protection act, as well as free college.

All this as well as police, military, etc could be maintained with a true balanced budget, but special interest on both sides have long ago made that impossible.

It is much better to say fuck it and blame the other side for obstructing things like we do now

So a plane journey is not tax deductible. How about a trip to the mall in the car we claim as a business expense?

A balanced budget is the key phrase. Would that be the US Government cutting half a trillion in spending by closing huge swathes of the public sector, defence spending, roads, and whatever. so they no longer exist, or the private sector taking them over? And we pay at the point of delivery? For instance road tolls on every road, fireman ask for your credit card details before putting out the fire on your house, etc? Like the US healthcare system.

And of course, defence. Close all those massive factories and shipyards, sack the workers and soldiers. Then their local economy collapses, and more are out of work. And before we know it, sales are dropping because people who were further up the food chain, aren't doing so great.

Or just raise more taxes to pay for the bloated overspending that now funds so much of the economy.

This has to be the first step. Vote for politicians who will pass laws to limit how much politicians can spend campaigning. AND include businesses and individuals. Or get the Government people like the Koch brothers decide you deserve.

Paul Markham 12-27-2015 02:56 AM

The core problem for the West's debt is the way manufacturing has developed in the last 60 years.

Increasingly we have lost the economic powerhouses of Empires pouring in $millions every day. While manufacturing everything "industrial" in the West. Often from cut-price raw materials from the Empires.

In 1955, we never saw a Japanese, Korean or Chinese manufactured car, white goods, clothing, etc. Today we see so many. We buy so many goods we couldn't afford, if made in the West, we pay for it by borrowing money we haven't earned to buy goods we don't need.

How Much Would the iPad 2 Cost If It Were Made in the U.S.? About $1,140. Instead of $488.

It's not about Government spending or taxes. It's about whether we will pay more for goods to be made here by well-paid workers who buy from us. Or keep importing cheap goods made by people who can't afford to buy from us?

They promised us modern technology jobs to replace the labour intensive jobs we would lose to the East. All that appeared were jobs in Malls selling Third World goods. And now they're under threat as we buy direct from China via amazon.

slapass 12-27-2015 04:33 AM

Quote:

Originally Posted by Paul Markham (Post 20679710)
The core problem for the West's debt is the way manufacturing has developed in the last 60 years.

Increasingly we have lost the economic powerhouses of Empires pouring in $millions every day. While manufacturing everything "industrial" in the West. Often from cut-price raw materials from the Empires.

In 1955, we never saw a Japanese, Korean or Chinese manufactured car, white goods, clothing, etc. Today we see so many. We buy so many goods we couldn't afford, if made in the West, we pay for it by borrowing money we haven't earned to buy goods we don't need.

How Much Would the iPad 2 Cost If It Were Made in the U.S.? About $1,140. Instead of $488.

It's not about Government spending or taxes. It's about whether we will pay more for goods to be made here by well-paid workers who buy from us. Or keep importing cheap goods made by people who can't afford to buy from us?

They promised us modern technology jobs to replace the labour intensive jobs we would lose to the East. All that appeared were jobs in Malls selling Third World goods. And now they're under threat as we buy direct from China via amazon.

And how would this be controlled? The govt can't force us to pay more. Consumers look for the best deal and labor has become fungible.

If you take the long term view, at some point the whole world with have to have the same standard of living more or less. That is not possible if the developed world doesn't take abreather and let them catch up.

Paul Markham 12-27-2015 05:55 AM

Quote:

Originally Posted by slapass (Post 20679728)
And how would this be controlled?

Import controls. Trade will be balanced or taxes will be imposed to cover the cost of paying people not to work or work in jobs with low skills. Look at the balance of trade without the financial markets. OTOH look at US trade restrictions on farm produce. Remove them and farmers go out of business, so they elect politicians who won't do what they did to the Car, clothing, White goods and others industries.

But that doesn't work for the 0.05%. So don't expect it to happen.

As for everyone having the same standard of living, dream on. The 0.5% have no intention of that. You and I might though.

slapass 12-27-2015 06:45 AM

Free trade has proven to be good even for the lowly. In the US everything is super cheap since we do not tax imports hardly at all. In Brazil they have a 100% import tax and everything is very expensive. Just the examples I know well.

In the EU and the US, we can't erect walls to keep stuff out since this would then allow other countries to do the same. Once you enter the free trade system is sort of a treadmill where you have to keep up.

Paul Markham 12-27-2015 11:22 AM

Quote:

Originally Posted by slapass (Post 20679786)
Free trade has proven to be good even for the lowly. In the US everything is super cheap since we do not tax imports hardly at all. In Brazil they have a 100% import tax and everything is very expensive. Just the examples I know well.

In the EU and the US, we can't erect walls to keep stuff out since this would then allow other countries to do the same. Once you enter the free trade system is sort of a treadmill where you have to keep up.

Cheap imports have put the lowly out of jobs.

Comparing the US economy with Brazil isn't a sound argument.

I said balanced trade, not keeping stuff out.

We can't keep up with workers on $2 an hour.

Paul Markham 12-27-2015 11:53 AM

Once Detroit was a thriving city, now not so.

Ss more good are made by workers on $2 an hour, our customer base shrinks. Yes, we still have money to buy lots of stuff made by people on $2 an hour. The US is now in debt to the tune of, 100%, and it's rising.

This is why people can keep buying goods made by those $2 an hour workers. Should it ever end. Look at Greece for an example of what happens. Of course, the 0.05% will be fine, instead of being worth a 100 million, they will only be worth 80 million.

Look at US debt in the long term.

http://www.culture-war.info/Nat%20Debt-GNP.gif

Falling fast until Reagan, who it's claimed was a great President. now match those figures to trade balance. Yes, everything is fine while the credit cards work. Try living without them.


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