re: If Trump ends income taxes for those under $200k per year..

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raise taxes. Any argument beside that w/r/t deficits and public debt is fairy tale fantasies that hang with the best of the left's.

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Laffer curve.

I think it should be all of us or none of us. If the CEO is paying money in, the bank clerk should be too. Once you remove the cost/benefit analysis from the voting booth, it just becomes 88% voting to take the 12%'s money.

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Taxes are the price to pay for living in an organized society. Most folks don't want to live in your lolbertarian fantasy world.

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Agreed that Taxes are the price to pay for a government. The method of taxation does not have to be income taxation. It’s been allowed by a passive citizenry.

If we shift from an income tax base to a consumption tax base, it will attract wealthy productive citizens. Why would we not want that?
The wealthy hardly get any return for carrying the load. They are responsible for the majority of the income tax that is received by the government and what do they get on reform? Curses. Politicians like Obama, Hillary, Biden, Bernie, AOC, Warren all curse the wealthy. They blame the wealthy. They get little in return for their income theft in the way of service from the government.

As for it being unfairly burdensome on the poor, we still have social systems to care for our poor. It doesn’t have to be eliminated. And it can be levied differently on different products. Food doesn’t need to be taxed the same as televisions or cars.

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quote: Isnt it essentially that anyone under 100,000 isnt paying any taxes anyway...

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What?

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SFP, you don't seem to be too familiar with tax code. The above is pretty close to actual.

$100,000 of W2 income, MFJ, with 4 dependents not only doesn't pay any Fed Income Tax, they get a check for $458.

Three kids and $87,000 income is no tax FIT.

So no, not 'anyone' (need to have dependents), but it is fairly common.


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