- 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
re: Would you be against a flat tax rate?
Posted on 2/20/20 at 2:58 pm to thadcastle
Posted on 2/20/20 at 2:58 pm to thadcastle
Want taxes on sales. That way everyone pays. I want exemptions for the aged and handicapped.
0
Posted on 2/20/20 at 2:58 pm to thadcastle
Repeat after me, kids:
National.
Retail.
Sales.
Tax.
EVERYONE pays into the treasury, including tourists, illegals and cash-economy/black market lurkers.
All taxpayers are given a monthly reimbursement at beginning of month for necessary expenses based on family size.
You take home your ENTIRE paycheck.
22-24% embedded corporate income taxes already baked into the retail price of everything you buy is replaced with 23% NRST at register.
Prices stay the same. You have more money.
April 15 is just another day.
National.
Retail.
Sales.
Tax.
EVERYONE pays into the treasury, including tourists, illegals and cash-economy/black market lurkers.
All taxpayers are given a monthly reimbursement at beginning of month for necessary expenses based on family size.
You take home your ENTIRE paycheck.
22-24% embedded corporate income taxes already baked into the retail price of everything you buy is replaced with 23% NRST at register.
Prices stay the same. You have more money.
April 15 is just another day.
Posted on 2/20/20 at 3:02 pm to udtiger
quote:
2) $7,500.00 per person in household is untaxed. Thus, for family of 4, first household $30k is not subject to tax.
While I agree with this...growing up as one of 6 kids. I also believe that you have to be very careful when offering additional benefits for having more kids.
Posted on 2/20/20 at 3:03 pm to thadcastle
Prefer a national sales tax as previous poster(s) said. Everybody contributes: illegals, drug traffickers, poor and rich alike....
Posted on 2/20/20 at 3:03 pm to VoxDawg
quote:
22-24% embedded corporate income taxes already baked into the retail price of everything you buy is replaced with 23% NRST at register.
The embedded tax is something I think a lot of people don't take into account. That's a good point
Posted on 2/20/20 at 3:03 pm to Dawgfanman
quote:
Why not a really fair tax? Take the required operating income divide by total population (every man woman and child) and everyone pays their “fair share”?
Seriously?
Posted on 2/20/20 at 3:04 pm to BlackAdam
quote:How dare you speak truth in this corner of the intrawebs?! Downvotes and insults to you lib filth!
Yes. It would be a massive tax increase on the middle class.
Posted on 2/20/20 at 3:05 pm to thadcastle
quote:
Everyone pays the same x% of their income in taxes
I personally would like to abolish all income tax. I support a federal sales tax.
Why should someone have to pay taxes for contributing to society (adding goods or services to society).
We should be paying taxes when we take away from society.
Posted on 2/20/20 at 3:05 pm to VoxDawg
quote:
Repeat after me, kids:
National.
Retail.
Sales.
Tax.
Then how are Presidents supposed to weaponize the IRS to go after their political opponents?
How is Congress supposed to write tax laws to benefit lobbyists who've bought them...err...contributed to them?
Ya, didn't think of that Mr. Smarty Pants now did you?
Posted on 2/20/20 at 3:05 pm to VoxDawg
quote:
Repeat after me, kids:
National.
Retail.
Sales.
Tax.
EVERYONE pays into the treasury, including tourists, illegals and cash-economy/black market lurkers.
All taxpayers are given a monthly reimbursement at beginning of month for necessary expenses based on family size.
You take home your ENTIRE paycheck.
22-24% embedded corporate income taxes already baked into the retail price of everything you buy is replaced with 23% NRST at register.
Prices stay the same. You have more money.
April 15 is just another day.
I like this suggestion.
Posted on 2/20/20 at 3:08 pm to thadcastle
I read the book.
No deductions, no exemptions. It calls for the elimination of the IRS since you could fill out your taxes on a note card.
Estimated rate would be 16% to be revenue neutral.
But when you put it into practice the following happens in Congress:
"Mr. Speaker, I would amend this bill with the one exception of deducting home mortgage rates so that honest hard working people can afford a home."
That is followed by 1,000 other deductions 'for the children of the working poor to have food.'
The dike has a hole and the entire bill goes down in the flood.
No deductions, no exemptions. It calls for the elimination of the IRS since you could fill out your taxes on a note card.
Estimated rate would be 16% to be revenue neutral.
But when you put it into practice the following happens in Congress:
"Mr. Speaker, I would amend this bill with the one exception of deducting home mortgage rates so that honest hard working people can afford a home."
That is followed by 1,000 other deductions 'for the children of the working poor to have food.'
The dike has a hole and the entire bill goes down in the flood.
Posted on 2/20/20 at 3:14 pm to Centinel
quote:
Then how are Presidents supposed to weaponize the IRS to go after their political opponents?
How is Congress supposed to write tax laws to benefit lobbyists who've bought them...err...contributed to them?
Ya, didn't think of that Mr. Smarty Pants now did you?
Neal Boortz and Rep. John Linder who wrote The FairTax Book call it "the greatest transfer of power since the American Revolution" for good reason.
The bill is predicated on abolition of the 16A, and dismantling of the IRS, and while the figure for the sales tax % is currently estimated at 23% to be revenue neutral, it is up to us as voters to keep DC's feet to the fire, as Congress could vote to raise the rate, but we are obligated to keep them in check at the polls.
Posted on 2/20/20 at 3:15 pm to thadcastle
Taxes shouldn’t be withheld by employer. Everyone should see exactly how much the government takes
Posted on 2/20/20 at 3:18 pm to Screaming Viking
quote:
quote:2) $7,500.00 per person in household is untaxed. Thus, for family of 4, first household $30k is not subject to tax.
While I agree with this...growing up as one of 6 kids. I also believe that you have to be very careful when offering additional benefits for having more kids.
This is just about the flat tax, nothing about reforms in social welfare programs.
also, your family would have had to pay $2000 minimum under I proposed if total household income was under $60k
Posted on 2/20/20 at 3:22 pm to reboil
quote:
quote: Why not a really fair tax? Take the required operating income divide by total population (every man woman and child) and everyone pays their “fair share”? Seriously?
Yes. Taxes are to fund govt. every citizen should pay his portion, how does paying a percentage of income accomplish this? How is that “fair”?
When you divide a bill at a restaurant do you go off percentage of income? Maybe we could argue it should be based on service usage, but an even split of the bill (required income to operate govt) is the only truly fair way..
This post was edited on 2/20/20 at 3:27 pm
Posted on 2/20/20 at 3:25 pm to jimbeam
quote:
Taxes shouldn’t be withheld by employer. Everyone should see exactly how much the government takes
This is the key to any tax reduction of any size. Would take one year and people would realize that striking a check to the govt for 5000 and up (middle class) sucks and most wouldn’t be able to do it.
Posted on 2/20/20 at 3:29 pm to thadcastle
I'd prefer a national sales tax and for the government to not even know how much I make.
People would think twice about voting for tax and spend Democrats when that $100 item costs $140 after national+state+local sales taxes.
People would think twice about voting for tax and spend Democrats when that $100 item costs $140 after national+state+local sales taxes.
Posted on 2/20/20 at 3:31 pm to thadcastle
Flat tax is best tax
No credits. No deductions.
Further I would get rid of withholding so that everyone had to write a check for the amount owed every year.
Everyone is in the game and everyone sees how they are robbed blind.
No credits. No deductions.
Further I would get rid of withholding so that everyone had to write a check for the amount owed every year.
Everyone is in the game and everyone sees how they are robbed blind.
Posted on 2/20/20 at 3:34 pm to Dawgfanman
We already have a multitude of taxes based on income and some based on consumption: income tax, sales tax, property tax, gasoline tax etc. Every frickin thing is taxed!
Except for income, they are based on sales tax principles.
I was against or uneducated against a national sales tax for the simple reason it raises prices and the tax is over 20% to be feasible. Add on the other taxes and your tax rate becomes very high.
I would not be opposed to a sales tax, however. But, like everything else the government touches, no way it does not continue to increase and no way the politicians do not pander to grant some sort of exemption to those less fortunate.
Except for income, they are based on sales tax principles.
I was against or uneducated against a national sales tax for the simple reason it raises prices and the tax is over 20% to be feasible. Add on the other taxes and your tax rate becomes very high.
I would not be opposed to a sales tax, however. But, like everything else the government touches, no way it does not continue to increase and no way the politicians do not pander to grant some sort of exemption to those less fortunate.
Posted on 2/20/20 at 3:34 pm to thadcastle
I could be happy with either a flat tax or a national sales tax but either way you'd have to repeal the 16th Amendment in conjunction with it.
Page 2 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News