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Posted: 8/14/2022 9:23:57 PM EDT
Forgot any other pros and cons. If everyone payed the exact same percentage of their income in Fed taxes, wouldn't it make it impossible to use the IRS to target enemies of any administration?
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Aside from the mathematical issues that make it a nonstarter, it doesn’t work well at all for businesses, you haven’t made it clear that you’re going to extend it to nonprofits, and they can call ways accuse you of lying about your income.
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no, it wouldn't. you still have to deal with the businesses that expense stuff
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How would it be different that way?
Not that flat tax is a bad idea. |
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Quoted: Forgot any other pros and cons. If everyone payed the exact same percentage of their income in Fed taxes, wouldn't it make it impossible to use the IRS to target enemies of any administration? View Quote No. The problems all come from calculating income for people that aren't all W2. If you want a tax that can't be weaponized (easily at least) then look at the land tax. |
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Quoted: No. The problems all come from calculating income for people that aren't all W2. If you want a tax that can't be weaponized (easily at least) then look at the land tax. View Quote A tax that discourages property ownership? Fine institute that then tie voting rights to it. Unless you own real property (as an individual) and pay the tax on it you do not get to vote in local/state/national elections. |
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Without taxes what would the politicians talking points be when they run for office? All part of the fucking game
these cocksuckers play. |
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FairTax was an interesting idea but it would be fought against tooth and nail...
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National sales tax locked in forever at 8%. Nothing else, ever.
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View Quote Again, that’s the easy way to have a smaller economy. |
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You are always going to have some percentage of people that lie or refuse to remit no matter what the structure is. National sales tax shrinks the number of remitters significantly but a flat tax with no deductions in theory should be easier to live with policywise.
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Quoted: Forgot any other pros and cons. If everyone payed the exact same percentage of their income in Fed taxes, wouldn't it make it impossible to use the IRS to target enemies of any administration? View Quote The tax laws are written to allow deductions and loopholes for the "haves", not the "have nots". The elites have no interest in a flat tax that makes them pay a full percentage, with no way of getting out of it. |
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Quoted: A tax that discourages property ownership? Fine institute that then tie voting rights to it. Unless you own real property (as an individual) and pay the tax on it you do not get to vote in local/state/national elections. View Quote I think we lost the right to do this—brilliant as it may be—when Lee failed to take the high ground on June 1, 1863 at Gettysburg. |
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Quoted: Would you buy more things or fewer things with a 23% sales tax? View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Quoted: National sales tax. Stop taxing productivity. If your major goal is having a smaller economy that’s a good one. No, not really. Would you buy more things or fewer things with a 23% sales tax? More, because I’d be paying less in income taxes, not to mention property taxes, existing sales taxes, capital gains taxes, etc. I’d come out ahead net net. |
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No. We should end the taxation of personal income altogether, and reduce the size and scope of government to something more like what the founding by fathers envisioned.
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Quoted: A tax that discourages property ownership? Fine institute that then tie voting rights to it. Unless you own real property (as an individual) and pay the tax on it you do not get to vote in local/state/national elections. View Quote There is no deadweight loss from land taxes. Except the actual cost of collection. |
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Percentage is irrelevant. Reported income is another matter.
Sales tax would probably be the best way but i bet lots of people would skate on that. The only real way to solve the problem is no taxes at all. |
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Flat tax rate is wrong wrong wrong. Whenever you get away from everyone paying the same AMOUNT, you are embracing socialism.
As it is, we need to cap the amount that people pay taxes on or at least reduce the rate with increasing income. |
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Quoted: National sales tax. Stop taxing productivity. View Quote This. The rich would pay more, the poor would pay less. Undocumented workers would pay taxes. Tourists would pay taxes. Drug dealers would pay taxes. Meanwhile, the IRS, which costs how many billions to keep running, would no longer be needed. |
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Quoted: More, because I’d be paying less in income taxes, not to mention property taxes, existing sales taxes, capital gains taxes, etc. I’d come out ahead net net. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Quoted: Quoted: National sales tax. Stop taxing productivity. If your major goal is having a smaller economy that’s a good one. No, not really. Would you buy more things or fewer things with a 23% sales tax? More, because I’d be paying less in income taxes, not to mention property taxes, existing sales taxes, capital gains taxes, etc. I’d come out ahead net net. You pay most of those other taxes to state, county, municipality and other jurisdictions. They aren’t going away. We know from places that have the VAT that people reduce their consumer spending, increase their savings, and the economies tend to be smaller. So it 1% growth is for you, by all means. |
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Quoted: More, because I’d be paying less in income taxes, not to mention property taxes, existing sales taxes, capital gains taxes, etc. I’d come out ahead net net. View Quote The only people that pay that rate are the top 0.1%. But if that's you then I could see why you'd want to shift the tax burden off you and onto people that work for a living. |
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Quoted: The tax laws are written to allow deductions and loopholes for the "haves", not the "have nots". The elites have no interest in a flat tax that makes them pay a full percentage, with no way of getting out of it. View Quote The full 10% or whatever? That would be a huge tax cut for the 1% and a huge tac increase for basically everyone else. |
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Quoted: This. The rich would pay more, the poor would pay less. Undocumented workers would pay taxes. Tourists would pay taxes. Drug dealers would pay taxes. Meanwhile, the IRS, which costs how many billions to keep running, would no longer be needed. View Quote Bullshit. A 25% sales tax would hit about 90% of people harder and the only people that would benefit are people that invest their money rather than consume it. The IRS was only like $14B last year. |
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Quoted: The only people that pay that rate are the top 0.1%. But if that's you then I could see why you'd want to shift the tax burden off you and onto people that work for a living. View Quote View All Quotes View All Quotes Quoted: Quoted: More, because I’d be paying less in income taxes, not to mention property taxes, existing sales taxes, capital gains taxes, etc. I’d come out ahead net net. The only people that pay that rate are the top 0.1%. But if that's you then I could see why you'd want to shift the tax burden off you and onto people that work for a living. Add up what you pay in federal, state, sales tax, property tax, capital gains, etc. You may be surprised. |
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Quoted: Flat tax rate is wrong wrong wrong. Whenever you get away from everyone paying the same AMOUNT, you are embracing socialism. As it is, we need to cap the amount that people pay taxes on or at least reduce the rate with increasing income. View Quote Can you afford to pay $24,000 for yourself and each member of your family? Or assuming spending is halved, and you afford to pay $12,000 each? |
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Quoted: Add up what you pay in federal, state, sales tax, property tax, capital gains, etc. You may be surprised. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: More, because I’d be paying less in income taxes, not to mention property taxes, existing sales taxes, capital gains taxes, etc. I’d come out ahead net net. The only people that pay that rate are the top 0.1%. But if that's you then I could see why you'd want to shift the tax burden off you and onto people that work for a living. Add up what you pay in federal, state, sales tax, property tax, capital gains, etc. You may be surprised. Why are you assuming that a new federal tax structure will replace taxes you pay to your municipality, county and water district? |
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Quoted: The full 10% or whatever? That would be a huge tax cut for the 1% and a huge tac increase for basically everyone else. View Quote View All Quotes View All Quotes Quoted: Quoted: The tax laws are written to allow deductions and loopholes for the "haves", not the "have nots". The elites have no interest in a flat tax that makes them pay a full percentage, with no way of getting out of it. The full 10% or whatever? That would be a huge tax cut for the 1% and a huge tac increase for basically everyone else. I don't believe that it would stop at 10%. According to the data, the top 50% pay at least 16%, and they also pay 96.9% of all taxes paid. A 10% tax would be a cut for the entire top half, and it would NOT create as much tax revenue as we currently take in. You and I both know that .gov ain't gonna go without its money, so if we wanted a flat tax that matched current revenue, the tax rate would have to be at least 20%, if not higher. |
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Quoted: What hard choices are you willing to make and how are you going to keep the people who will literally starve to death from stopping you? View Quote Vastly reduce useless government programs and employees. Reduce representative pay by 50%. Death penalty for taking a bribe or kickback. No one will starve. The amount of money the government wastes is insane. |
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