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1/22/2020 12:12:56 PM
Posted: 10/9/2007 5:28:44 PM EST
What percentage?
Link Posted: 10/9/2007 5:29:18 PM EST
15%
Link Posted: 10/9/2007 5:30:45 PM EST
10%, no deductions for anything, you pay if you make over $30k.

(remember along with the 10% goes sales tax and state income tax is some states).
Link Posted: 10/9/2007 5:31:59 PM EST
[Last Edit: 10/9/2007 5:35:45 PM EST by agreendale]
there oughta be a sliding scale... from around 10 to 25%

eta
Link Posted: 10/9/2007 5:32:53 PM EST

Originally Posted By agreendale:
there oughta be a sliding scale... from around 10 to 25%




Wow....lol.

Link Posted: 10/9/2007 5:33:55 PM EST
Flat tax is flat tax.
15 percent sounds about right, and usually the first 20-40K is exempt in most plans..
Link Posted: 10/9/2007 5:34:27 PM EST

Originally Posted By krpind:

Originally Posted By agreendale:
there oughta be a sliding scale... from around 10 to 25%




Wow....lol.







I'm sorry teach, could you repeat the question?
Link Posted: 10/9/2007 5:34:37 PM EST
Ask Steve Forbes
Link Posted: 10/9/2007 5:35:31 PM EST
A flat 15%.

To be paid in addition to everything you're already paying.
Link Posted: 10/9/2007 5:36:34 PM EST
95%
Link Posted: 10/9/2007 5:39:36 PM EST
If you make the first 40 exempt (and that makes a certain amount of sense, although I'd tax peole for the value of welfare recieved) you have to put a floor on it. Otherwise people who make 41 will make less then they'd have made if they'd slacked off.
Link Posted: 10/9/2007 5:41:29 PM EST
Too much and too little, but never enough.
Link Posted: 10/9/2007 5:44:54 PM EST
Why would anything be exempt?

If you make 20,000, why not pay tax on it?

Probably needs to be about 18 to 20% with NO exemptions, except MAYBE interest on your home up to mortgages of $500,000. I think it is good for the .gov to encourage home ownership.

Then it would be fair and equal.
Link Posted: 10/9/2007 5:46:16 PM EST
Taxing low incomes... you'll never get that through, and you'll probably pay more in welfare than you'd make in taxes from the under 30K crowd.
Link Posted: 10/9/2007 5:47:05 PM EST
Fuck a flat tax.

www.fairtax.org FTW
Link Posted: 10/9/2007 5:48:08 PM EST
23.5%
That about what we all pay on income...
so it would work out just fine. ASSuME ing it is the "Fair Tax".

Link Posted: 10/9/2007 5:49:49 PM EST
We should shit can income tax, and institute a National Sales Tax.
Link Posted: 10/9/2007 5:50:51 PM EST
17% was estimated to cover all needed income taxes in 2001. This was before Bush's spending binge. That number would now need to be 30% higher, at 22-23%. All of that increase is Bush.
Link Posted: 10/9/2007 5:51:46 PM EST

Originally Posted By TruckinAR:
23.5%
That about what we all pay on income...
so it would work out just fine. ASSuME ing it is the "Fair Tax".



I pay a lot more than that on income. I would kill for 23.5%.
Link Posted: 10/9/2007 5:53:36 PM EST
[Last Edit: 10/9/2007 5:57:42 PM EST by mjmjr1312]
I would start paying 30+% tomorrow no problem if it was an across the board tax regardless of bracket.

assuming they can get it down to just a one time income tax and stop double fucking me on income and purchase.

I like the fair tax but I think basing it off a percent of income rather than purchase would work out better in the long run

I would be happy with either one but I dont think it will ever happen

-Mike
Link Posted: 10/9/2007 5:54:46 PM EST

Originally Posted By DPeacher:
We should shit can income tax, and institute a National Sales Tax.


This is the correct answer.
Link Posted: 10/9/2007 5:58:33 PM EST
[Last Edit: 10/9/2007 5:58:53 PM EST by badfish274]

Originally Posted By mjmjr1312:
I would start paying 30+% tomorrow no problem if it was an across the board tax regardless of bracket.

assuming they can get it down to just a one time income tax and stop double fucking me on income and purchase.

I like the fair tax but I think basing it off a percent of income rather than purchase would work out better in the long run

I would be happy with either one but I dont think it will ever happen

-Mike


Do you have any idea how much capital would flow back into this country if the income tax would go the way of the dodo?
Link Posted: 10/9/2007 6:02:06 PM EST
Screw the flat tax

Enact The FairTax!!
Link Posted: 10/9/2007 6:02:45 PM EST

Originally Posted By mjmjr1312:
I would start paying 30+% tomorrow no problem if it was an across the board tax regardless of bracket.

assuming they can get it down to just a one time income tax and stop double fucking me on income and purchase.

I like the fair tax but I think basing it off a percent of income rather than purchase would work out better in the long run

I would be happy with either one but I dont think it will ever happen

-Mike
You do know that taxing income is one of the planks of the communist manifesto don't you?
Link Posted: 10/9/2007 6:03:40 PM EST

Originally Posted By VTHOKIESHOOTER:
Screw the flat tax

Enact The FairTax!!


Right on time.
Link Posted: 10/9/2007 6:09:24 PM EST
It's coming soon and it'll be a flat 100%. Just ask Hillery...
Link Posted: 10/9/2007 6:11:49 PM EST
We should just have a head tax.

Every person pays $2000/year.

That would be enough.

Link Posted: 10/9/2007 6:23:29 PM EST
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