- 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
What if we taxed the half of the population that pays nothing?
Posted on 2/13/19 at 5:35 pm
Posted on 2/13/19 at 5:35 pm
Just a little bit.
How much revenue would that generate?
How much revenue would that generate?
14
Posted on 2/13/19 at 5:36 pm to TigerBait1971
Not much
A national sales tax is by far the most fair tax. Everybody pays their fair share.
Rich people that buy lots of shite pay lots more taxes.
A national sales tax is by far the most fair tax. Everybody pays their fair share.
Rich people that buy lots of shite pay lots more taxes.
This post was edited on 2/13/19 at 5:37 pm
Posted on 2/13/19 at 5:37 pm to TigerBait1971
quote:
How much revenue would that generate?
Next to nothing. I'd prefer that more people's tax liability essentially be zero, though the EITC does need to get the frick out.
Posted on 2/13/19 at 5:38 pm to Cosmo
quote:
Rich people that buy lots of shite pay lots more taxes.
Yes but it impacts a significantly smaller portion of their income.
It would be fairer only if essentials were not subject to sales tax.
Posted on 2/13/19 at 5:41 pm to TigerBait1971
How about just not give them any money to begin with?
Posted on 2/13/19 at 5:41 pm to TigerBait1971
If you want to decrease something, tax it.
We could win the war on poverty by taxing poor people.
We could win the war on poverty by taxing poor people.
Posted on 2/13/19 at 5:42 pm to Cosmo
quote:
Not much
bullshite
All those "refunds" add up.
Posted on 2/13/19 at 5:44 pm to TigerBait1971
quote:
Just a little bit.
How much revenue would that generate?
Seriously?
Very little
Posted on 2/13/19 at 5:46 pm to TOKEN
quote:
Seriously?
Very little
How much revenue over time do you think would be generated if you tax us 70%?
Posted on 2/13/19 at 5:46 pm to Cosmo
quote:
A national sales tax is by far the most fair tax. Everybody pays their fair share.
Rich people that buy lots of shite pay lots more taxes.
I’ve been advocating this for years
This post was edited on 2/13/19 at 5:49 pm
Posted on 2/13/19 at 5:48 pm to DisplacedBuckeye
quote:
How much revenue over time do you think would be generated if you tax us 70%?
I’m not following, whose “us” in this instance and 70% of what - ordinary income?
This post was edited on 2/13/19 at 5:49 pm
Posted on 2/13/19 at 5:49 pm to TOKEN
quote:
I’m not following, whose “us” in this instance and 70% of what - ordinary income?
He is placing himself in the highest percentile, I imagine.
Posted on 2/13/19 at 5:53 pm to TOKEN
quote:
I’m not following
Then you should read the news.
There's even a video...with potatoes.
Posted on 2/13/19 at 5:55 pm to HempHead
Taxing anyone at 70% is going be counterproductive because people will change behaviors. Any accountant worth their salt will move the money to a place where less than 70% liability must be paid to the guberment.
Posted on 2/13/19 at 5:55 pm to HempHead
quote:
It would be fairer only if essentials were not subject to sales tax.
The FairTax has a prebate mechanism to address this.
Posted on 2/13/19 at 5:57 pm to TOKEN
Their proposal doesn't even meet their goals. They think they're taking wealth and redistributing it, but what they're doing is slowing the growth of new wealth.
Posted on 2/13/19 at 6:03 pm to TigerBait1971
Not from not, is not.
Posted on 2/13/19 at 6:04 pm to TigerBait1971
quote:
How much revenue would that generate?
just a little bit
Posted on 2/13/19 at 6:05 pm to DisplacedBuckeye
I’d trade them 70% tax on those making 20 million or more in ordinary income for something I really wanted like National ID Cards or the Wall
They are so blood thirsty you give them a mirage and make out like a bandit.
They are so blood thirsty you give them a mirage and make out like a bandit.
This post was edited on 2/13/19 at 6:08 pm
Posted on 2/13/19 at 6:06 pm to TigerBait1971
Next time someone advocates going back to the 90% tax brackets of the late 50s - early 60s, remind them that people who earned $0 to $2000 annually were taxed at 20%.
A Truly "Progressive" Federal Income Tax System, circa 1960
A Truly "Progressive" Federal Income Tax System, circa 1960
This post was edited on 2/13/19 at 6:07 pm
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News