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Jahel
Member since Nov 2011
5576 posts
| The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:28 pm)
1988,1991,1992,1994,1995,1998-2001,2005....are safe years
If you filed in any other year between 1980-2010, you owe more than you paid.
Your share of the national debt is equivalent to what tax rates would have needed to be adjusted to , to bring revenue=cost that given year.
if you were at the 17% bracket and another was at a 23% bracket, then a 10% increase to tax rates that year would bring you up to a 18.7% and the other to 25.3%...of your Income for that year.
A bit of research would have to be done on filings to see how much %tax rate increase would be necessary each individual year, but all is available in the IRS database and not much effort.
The idea behind this is that those responsible for the accrual of the debt should be held responsible for the debt.
Before you say it's wrong to back tax people, do you think it's right that they now get to push the burden down to others instead?
A lien is put onto your estate until the debt is repaid.
This post was edited on 1/4 at 2:30 pm
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Antonio Moss 
LSU Fan
Baton Rouge
Member since Mar 2006
25303 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:31 pm to Jahel)
This is the third time you advocated this and it's the third time its been a terrible idea.
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Jahel
Member since Nov 2011
5576 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:32 pm to Antonio Moss)
please tell me why...this time
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MSMHater
LSU Fan
Houston
Member since Oct 2008
10952 posts
 Online
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:33 pm to Jahel)
quote:
Your share of the national debt is equivalent to what tax rates would have needed to be adjusted to , to bring revenue=cost that given year.
So all the governments spending in a given year were constitutional, neccessary expenditures? And you want me to retroactively pay for that abuse, excuse me...allocation, of funds, because you don't think I was taxed enough when the abuse occured?
This post was edited on 1/4 at 2:36 pm
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coloradoBengal
LSU Fan
Member since Sep 2007
32608 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:33 pm to Jahel)
quote:
The idea behind this is that those responsible for the accrual of the debt should be held responsible for the debt.
How's that me?
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constant cough 
New Orleans Saints Fan
Lafayette
Member since Jun 2007
28432 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:33 pm to Jahel)
quote:
Your share of the national debt
The federal governments debt is not my debt. Only in the sense that I use their currency. Which won't be worth much for much longer.
quote:
A lien is put onto your estate until the debt is repaid.
Or maybe the government can stop wasting money and/or you GFY.
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Carlton Banks
LSU Fan
Bel-Air, Los Angeles, California
Member since Feb 2008
1578 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:33 pm to Jahel)
How about we just get rid of the income tax, like before 1913, and be done with all of this b.s.
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Kissinger11
Member since Jul 2011
1939 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:34 pm to Jahel)
worst.idea.ever.. I think you might be legally retarded 
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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
16738 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:34 pm to Jahel)
quote:
The idea behind this is that those responsible for the accrual of the debt should be held responsible for the debt.
Congressional members don't have that kind of money in reality, those receiving entitlements and transfer payments make up a majority of the budget. Don't think you'll collect from them either.
quote:
Before you say it's wrong to back tax people, do you think it's right that they now get to push the burden down to others instead?
Works for SSA and MEDI. 
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Antonio Moss
LSU Fan
Baton Rouge
Member since Mar 2006
25303 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:36 pm to Jahel)
quote:
please tell me why...this time
When you max out your credit card, do you run to your employer and tell him/her that he/she needs to retroactively adjust your salary to cover your debt?
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Jahel
Member since Nov 2011
5576 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:36 pm to Kissinger11)
So the plan now is that:
1. Decrease spending
2. Maintain Higher taxes so that we can try to pay down someone else's debt
I can see why that's a better idea 
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tylercsbn9 
USA Fan
Tomball, TX
Member since Feb 2004
51604 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:36 pm to Jahel)
lolz
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ZZTIGERS
Member since Dec 2007
10035 posts
Online
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:38 pm to Jahel)
So, you want to force law abiding citizens who played by the rules at the time, paid the taxes they owed, and go back as far as 30+ years & force them to pay more in taxes, because now you feel they didn't pay enough at the time? And if they don't pay, you're gonna take their property? You see nothing wrong with scenario? This may be the most fricking retarded proposal I have ever heard.
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Jahel
Member since Nov 2011
5576 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:39 pm to tylercsbn9)
crap gotta go
I'm not finished with this
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Beachtiger
LSU Fan
Bomba Shack
Member since Apr 2007
3511 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:39 pm to Jahel)
quote:
The Idea of Retro-Income Taxation
and when you finish with the back taxes owed to people,lets charge them the cost of the IRS to figure this back tax out. Just figure who many more government workers we can hire to do this enforcement it will just grow and grow until.....
or how about cutting all federal government spending by 25% across the board every year until the debt is zeroed out.
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constant cough
New Orleans Saints Fan
Lafayette
Member since Jun 2007
28432 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:40 pm to Jahel)
quote:
I'm not finished with this
But we're all finished with you.
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coloradoBengal
LSU Fan
Member since Sep 2007
32608 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:40 pm to Jahel)
quote:
I'm not finished with this
Wanna bet?
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jamboybarry
LSU Fan
Rill talk
Member since Feb 2011
8314 posts
Online
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:40 pm to Jahel)
quote:
do you think it's right that they now get to push the burden down to others instead?
First off, you're a fricking moron. Secondly, who is "they"?
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BBONDS25
LSU Fan
Member since Mar 2008
11724 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:40 pm to Jahel)
Irs has 3 years from the date you file your return or 3 years from april 15th of the year following the taxable year to audit or adjust your returns. After that, the statute of limitations has run. You cannot retroactively change a statute of limitation...this will never ever ever ever happen. Sorry.
This post was edited on 1/4 at 2:46 pm
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constant cough
New Orleans Saints Fan
Lafayette
Member since Jun 2007
28432 posts
| re: The Idea of Retro-Income Taxation (Posted on 1/4/12 at 2:44 pm to Kissinger11)
quote:
worst.idea.ever.. I think you might be legally retarded
If only he was functionally retarded.
This post was edited on 1/4 at 2:45 pm
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