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Started By
Message
re: President Trump is considering abolishing federal income tax
Posted on 1/22/25 at 9:39 pm to Seldom Seen
Posted on 1/22/25 at 9:39 pm to Seldom Seen
They all flirt with it for votes.
I'm all for it, but something needs to replace it.
Were you thinking Goodwill?
I'm all for it, but something needs to replace it.
Were you thinking Goodwill?
This post was edited on 1/22/25 at 9:43 pm
0
Posted on 1/22/25 at 9:44 pm to St Augustine
quote:
It’s still not going to happen
Their system instills, fosters, and absolutely counts on a defeatist attitude like this.
Posted on 1/22/25 at 9:44 pm to TrueTiger
quote:
Their system instills, fosters, and absolutely counts on a defeatist attitude like this.
He speaks of basic math. There aren't the votes in Congress for this, and there may never be.
Posted on 1/22/25 at 9:55 pm to Indefatigable
The problem is that the ruling class have implemented a revenue system that is designed to trap and control us.
You get that reframe into the heads of enough people and things could change.
Posted on 1/22/25 at 9:58 pm to TrueTiger
quote:
You get that reframe into the heads of enough people and things could change.
Maybe so. But the funding has to come from somewhere, and our system of perpetual elections removes all incentive for Congress (the House in particular) to undertake something as monumental as re-orienting the entire federal fiscal apparatus.
They can't even pass a budget or pass basic legislation through regular order. They take ten months to get anything of consequence through committee and on to the floor. Remaking the entire way the fedgov operates can't happen in 18 months with the modern Congress.
Posted on 1/22/25 at 10:06 pm to Indefatigable
If only the Founders had been smart enough to provide we the people a legislative safety valve to subvert federal politicians who consistently acted against the will of their constituents....
If the paper solution doesn't work, the lead one would.
If the paper solution doesn't work, the lead one would.
Posted on 1/22/25 at 10:22 pm to VoxDawg
quote:
If only the Founders had been smart enough to provide we the people a legislative safety valve to subvert federal politicians who consistently acted against the will of their constituents....
If you're referring to elections or the amendment process, I forgive them. 250 years is too much to ask from a foresight perspective.
Their particular legislative system doesn't work anymore, and its not their fault.
Posted on 1/22/25 at 10:25 pm to Indefatigable
quote:
But the funding has to come from somewhere, and our system of perpetual elections
The Fair tax would provide the same levels of revenue without the intrusions into our private lives.
Posted on 1/22/25 at 10:30 pm to TrueTiger
quote:
The Fair tax would provide the same levels of revenue without the intrusions into our private lives.
Not disputing that. My point is that there is no one in Congress willing or able to do the work of setting that up.
Given the current state of how Congress operates, they literally cannot do it in their 15 month legislative window from being sworn in to having to run for reelection.
Posted on 1/22/25 at 10:48 pm to Indefatigable
quote:
they literally cannot do it in their 15 month legislative window from being sworn in to having to run for reelection.
They grew this colosus system but by bit.
It may have to be destroyed incrementally as well. Start with no tax on tips. Then no tax on overtime. Then Social security and so on. Keep that and before long the income tax will be pretty much gutted.
Posted on 1/22/25 at 10:51 pm to TrueTiger
quote:
Start with no tax on tips. Then no tax on overtime.
I'm out on that. I oppose carve-outs. If any income is taxed, all of it should be. If anyone gets exemptions, everyone should. Obviously scale will be different based on individual numbers, but not taxing tips or overtime is nothing more than vote-buying. There is no policy behind it.
Posted on 1/22/25 at 10:52 pm to momentoftruth87
I don't love it bc people paying now are still the same ppl that are going to be paying the new way whatever it is
Posted on 1/22/25 at 10:56 pm to Indefatigable
quote:
I'm out on that. I oppose carve-outs.
If what you say is true, that is simply too big to be ripped out by the roots in the 15 months that Congress currently operates, then incrementalism is really the only way.
It will have to be eaten one bite at a time.
Posted on 1/22/25 at 10:59 pm to TrueTiger
quote:
f what you say is true, that is simply too big to be ripped out by the roots in the 15 months that Congress currently operates, then incrementalism is really the only way.
Those incremental changes face the same challenge that total change faces. Those things aren't happening either. Plus it is just bad policy.
If income tax is half of federal receipts, why are we exempting a huge amount of income? What is the policy reason for not taxing tips or overtime?
Posted on 1/22/25 at 11:01 pm to thelawnwranglers
quote:
don't love it bc people paying now are still the same ppl that are going to be paying the new way whatever it is
This is the American reality. Middle income families will continue to share the majority of the tax burden. The money WILL come from somewhere, and that somewhere is the average person that pays their taxes and works a 9-5 job.
All the while we wonder why home ownership is down, birth rates are down, the education system is shattered, and the social contract is hanging by a thread.
Posted on 1/22/25 at 11:37 pm to Indefatigable
quote:
What is the policy reason for not taxing tips or overtime?
The policy is a commitment to strengthen and place a value on property rights.
What you earn with your time is your property and you should keep as much of it as possible.
That incentivizes productivity and productivity helps to create a thriving nation.
Posted on 1/22/25 at 11:43 pm to dakarx
Just a regular bill through Congress could do it. But then it a future Congress and POTUS could just as easily undo it the same way.
Constitutional amendment is a more permanent way to do it
Constitutional amendment is a more permanent way to do it
Posted on 1/23/25 at 6:16 am to Indefatigable
No, I'm referring to the Article V Convention of the States.
We don't need Congress's permission to do a damned thing that many simply bitch and moan about Congress not doing themselves.
Term limits
Balanced budget
Abolition of the income tax & replacement with the NRST
We don't need Congress's permission to do a damned thing that many simply bitch and moan about Congress not doing themselves.
Term limits
Balanced budget
Abolition of the income tax & replacement with the NRST
Posted on 1/23/25 at 6:21 am to VoxDawg
quote:
No, I'm referring to the Article V Convention of the States.
WRT income tax, you will not get 38 states to agree to abolishing the ability to tax income federally.
Posted on 1/23/25 at 7:25 am to liquid rabbit
quote:
Start with zero-based budgeting. Get rid of unnecessary spending.
Mandated spending eats up all of the tax revenue they collect now. You'd have to repeal social security to do what you're saying.
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