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Re: Marriage - Wouldn't it be better to eliminate all tax deductions?

Posted on 7/29/14 at 8:59 pm
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 7/29/14 at 8:59 pm
Rephrasing an earlier thread that didn't get much airtime.

Why aren't we discussing a more fundamental question of eliminating the government's ability to influence behavior through the tax code? In the marriage debate everyone seems to be assuming that it is just for the government to dole out incentives for behavior.

Implement the FairTax - problem solved.
Posted by John McClane
Member since Apr 2010
36692 posts
Posted on 7/29/14 at 9:01 pm to
quote:

Re: Taxes - wouldn't it be better to have a flat tax and eliminate all tax deductions?


Yes.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123920 posts
Posted on 7/29/14 at 9:11 pm to
quote:

Marriage - Wouldn't it be better to eliminate all tax deductions?
yes.

the deductions are insufficient to drive behavior, and there is really no other rationale for them to exist.
Posted by Five0
Member since Dec 2009
11354 posts
Posted on 7/29/14 at 9:26 pm to
quote:

Implement the FairTax - whole $hit load of problems solved


FIFY.
Posted by DaGarun
Smashville
Member since Nov 2007
26184 posts
Posted on 7/29/14 at 9:27 pm to
Amen
Posted by imjustafatkid
Alabama
Member since Dec 2011
50496 posts
Posted on 7/29/14 at 9:30 pm to
Yes
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 7/29/14 at 9:37 pm to
Yup
Posted by AUX3
Member since Dec 2010
3450 posts
Posted on 7/30/14 at 12:52 am to
by Fair - you must mean Flat.
Posted by OneFifty
No favorite team now
Member since Aug 2012
3872 posts
Posted on 7/30/14 at 7:44 am to
quote:

by Fair - you must mean Flat.


I haven't looked into the numbers of fair tax proponents but inevitably they are all demagogued with the 'benefits the rich' / 'hurts the poor' choruses.

All I know is that I am NOT rich or poor, and the amount that I was left on the hook for could have purchased a new vehicle or a couple of years of higher education.

I am literally sickened when I hear the 'we don't have a spending problem we have a revenue problem' bullshite.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 7/30/14 at 8:03 am to
quote:

the deductions are insufficient to drive behavior, and there is really no other rationale for them to exist.
This may be true with respect to marriage, but it is not true with respect to other tax incentives aimed at families. When the number of children used to determine the earned income credit was increased from two to three there were millions of instances when children were claimed by a different person than the taxpayer who had claimed the third child the year before.

Ask any H&R Block employee about the earned income credit claims for 2012. They will tell you tales of returns rejected by the IRS because more than one taxpayer tried to claim the same child as a dependent.
Posted by BestBanker
Member since Nov 2011
17478 posts
Posted on 7/30/14 at 8:13 am to
Flat works for me.
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