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what should the tax rate be realistically?
Posted on 10/7/21 at 2:32 pm
Posted on 10/7/21 at 2:32 pm
Democrats always say they are not high enough. Republicans always promise to cut them but usually don't or cut just a small amount. I always hear the left say it used to be like 90 percent and the economy was great and had a strong middle class until Reagans cuts which led to inequality. Was it really 90 percent? that just seems like communism.
39
Posted on 10/7/21 at 2:34 pm to bdavids09
9% across board, do away with IRS
Posted on 10/7/21 at 2:35 pm to bdavids09
This post was edited on 11/14/23 at 12:43 am
Posted on 10/7/21 at 2:35 pm to bdavids09
Zero point zero....
Posted on 10/7/21 at 2:35 pm to burke985
quote:
9% across board, do away with IRS
Government expanded way too much. 9% would cut all the useless programs we DONT need!!!
Posted on 10/7/21 at 2:36 pm to bdavids09
I would rather a flat National sales tax. 12-15% with groceries exempt. I keep my check and pay taxes if I choose to spend it. Also gets rid of allot of irs bloat further reducing gov expenditure. Tyrone the drug dealer is now paying taxes on those sweet rims and skittles paint job. Rich people pay more as they buy more expensive shite.
Posted on 10/7/21 at 2:36 pm to bdavids09
Figure out how much we need to spend, then figure out what the rate needs to be to collect that amount.
Use zero budget accounting in order to determine that amount.
That's the only way this works.
Right now, there is no connection between tax revenue and what we spend. None.
Use zero budget accounting in order to determine that amount.
That's the only way this works.
Right now, there is no connection between tax revenue and what we spend. None.
Posted on 10/7/21 at 2:37 pm to LSUFanHouston
Fed should be forced to yearly audit like every other decent sized company
Posted on 10/7/21 at 2:40 pm to bayoudude
Flat tax on everything purchased ... would capture black market and non-American cash. Less taxes that upstanding citizens need to pay.
Also, if you don't want to pay taxes, live in the woods and buy nothing.
Also, if you don't want to pay taxes, live in the woods and buy nothing.
Posted on 10/7/21 at 2:41 pm to bdavids09
10% income
5% sales
5% sales
Posted on 10/7/21 at 2:42 pm to bdavids09
Flat tax normally calls for 15-18 percent. No deductions. Get rid of IRS. That's to keep spending same as now. I prefer lowering what we're spending now.
Posted on 10/7/21 at 2:42 pm to saints5021
quote:
you don't want to pay taxes, live in the woods and buy nothing.
So do away with property tax?
Fine with me
Posted on 10/7/21 at 2:49 pm to bdavids09
Zero.
Think about how much government must suck if they need to forcibly take money away from us in order for it to exist in the first place.
Think about how much government must suck if they need to forcibly take money away from us in order for it to exist in the first place.
Posted on 10/7/21 at 2:50 pm to bdavids09
5% and we tariff the frick out of all the other countries
Posted on 10/7/21 at 2:50 pm to bdavids09
quote:What is your goal?
what should the tax rate be realistically?
quote:
Was it really 90 percent?
No. I'd happily take a return to 90% rates with the same allowances, deductions, and expensible items of that time. In a heartbeat. Posted on 10/7/21 at 2:52 pm to Big Gorilla
quote:Way low.
9% across board, do away with IRS
quote:Say goodbye to SS, Medicare and Medicaid.
Government expanded way too much. 9% would cut all the useless programs we DONT need!!!
Posted on 10/7/21 at 2:52 pm to bdavids09
Income tax?
Zero
Zero
Posted on 10/7/21 at 2:52 pm to bdavids09
Income tax? 0%.
Posted on 10/7/21 at 2:54 pm to LSUFanHouston
quote:Exactly. And with 43% of the population holding NO tax liability... it's even worse. Everyone should have to contribute.
Right now, there is no connection between tax revenue and what we spend. None.
Posted on 10/7/21 at 2:59 pm to bdavids09
We should pay as we spend. Everyone clamors to fight climate change are are for hoards of illegals scurrying across the border? - here's your bill.
Don't want to pay that? - do something about the green new deal BS and the border.
If we connected paying directly to spending, I think we'd be pleased by what happened.
Don't want to pay that? - do something about the green new deal BS and the border.
If we connected paying directly to spending, I think we'd be pleased by what happened.
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