- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
The federal government thrived with no income taxes for 137 years.
Posted on 7/8/18 at 10:35 am
Posted on 7/8/18 at 10:35 am
Would you be okay going back to that system of no income taxes?
FWIW the average tariff was 15% during that time period.
LINK
FWIW the average tariff was 15% during that time period.
LINK
Posted on 7/8/18 at 10:37 am to GumboPot
But it's thriving even more today with all those wonderful income taxes!
Posted on 7/8/18 at 10:39 am to GumboPot
Prepare thy anus to end up with both within a generation.
Posted on 7/8/18 at 10:41 am to Joshjrn
quote:
Prepare thy anus to end up with both within a generation.
We already have “both”.
Technically we don’t have a value added tax but we have excise taxes. I don’t see a difference between the two.
Posted on 7/8/18 at 10:43 am to GumboPot
I actually think there would be real riots, not just larp riots, if this were actually being pushed.
I don’t think the current generation could comprehend the idea of a no income tax system, they would think the apocalypse was nigh.
I don’t think the current generation could comprehend the idea of a no income tax system, they would think the apocalypse was nigh.
Posted on 7/8/18 at 10:48 am to GumboPot
a simple point of sale tax on all transactions nte 12% with state and local combined nte 8%. No income or estate taxes.
tarriffs per reciprocal trade deals with individual countries.
tarriffs per reciprocal trade deals with individual countries.
Posted on 7/8/18 at 10:49 am to GumboPot
Internet Sales Tax ruling by SCOTUS kinda does pave the way for a Euro style VAT and/or elimination of income tax via sales/use taxation.
Sales/use/VAT taxes all people in the nation too. No more freeloading welfare people, and the wealthy still pay more since they buy more stuff, especially expensive stuff. (How much tax are any of us paying for John Travolta personal 747? How much is Travolta paying? Answer 0/100%)
Sales/use/VAT taxes all people in the nation too. No more freeloading welfare people, and the wealthy still pay more since they buy more stuff, especially expensive stuff. (How much tax are any of us paying for John Travolta personal 747? How much is Travolta paying? Answer 0/100%)
Posted on 7/8/18 at 10:55 am to PetroBabich
quote:
But it's thriving even more today with all those wonderful income taxes!
Ignorance on display
Posted on 7/8/18 at 10:57 am to GumboPot
Elimination of the tax on labor and the complex calculation system that goes with it has always been my #1 issue
Posted on 7/8/18 at 11:23 am to autodd03
I have always thought that a small percentage of income tax, depending on the individual's pay amount, would be fair. And no refunds. The government would have to operate on a budget based on that much smaller tax revenue, as opposed to continually expanding government and the cost of it, and then having to find new and exotic ways of paying for said govt expansion.
But to answer OP- yes, I would be fine with no income taxes. I could sure as hell use the extra 20% pay.
But to answer OP- yes, I would be fine with no income taxes. I could sure as hell use the extra 20% pay.
Posted on 7/8/18 at 11:47 am to GumboPot
THIS WOULD BE AMAZING.
Also amazing would be the people who have 10s of babies to get higher refunds who now have no refund, but are stuck taking care of 20 kids they didn't want.
It would stop a lot of people from having so many babies and being a burden on the welfare system. WIN WIN.
Also amazing would be the people who have 10s of babies to get higher refunds who now have no refund, but are stuck taking care of 20 kids they didn't want.
It would stop a lot of people from having so many babies and being a burden on the welfare system. WIN WIN.
This post was edited on 7/8/18 at 11:48 am
Posted on 7/8/18 at 11:51 am to GumboPot
So the right wing wants us to go back to the days of the hillbillies in the holler fighting the revenuers. But instead of living on dirt roads with no electricity, phone or gas service, they want all the benefits of modern society for free.
Posted on 7/8/18 at 11:53 am to TBoy
No. We don't want to pay the government, and in turn paying those who don't work through government welfare programs, for the right to work.
This post was edited on 7/8/18 at 11:54 am
Posted on 7/8/18 at 12:33 pm to TigerAxeOK
quote:
have always thought that a small percentage of income tax, depending on the individual's pay amount, would be fair.
Who determines what is fair?
Tax on labor is not moral.
Posted on 7/8/18 at 12:44 pm to GumboPot
AND back then we didn't have millions of FedGov employees sucking up enough tax dollars to build the most wealthy counties in the whole USA -- the ones right around Washington DC !
Posted on 7/8/18 at 5:49 pm to GumboPot
More than 40 million Americans were not on some sort of social welfare at that time either.
Posted on 7/8/18 at 5:56 pm to Sidicous
quote:
Internet Sales Tax ruling by SCOTUS kinda does pave the way for a Euro style
Just think the revenue if there was a 1% or even .5% federal tax on internet purchases. It’s never enough for these people.
Popular
Back to top
Follow TigerDroppings for LSU Football News