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Post Number: 41
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pepi la pew
Group: Members
Posts: 55
Joined: Mar. 2013
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Posted on: May 28 2013,7:37 am |
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I don't know what youre gripping about. I think all billionaires should pay the same % that some one making 10K a year makes.
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Post Number: 42
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irisheyes
Group: Super Administrators
Posts: 3040
Joined: Oct. 2003
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Posted on: May 28 2013,8:59 am |
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They won't pay the same percentage, they'll pay a lower one. You won't even see the term "flat tax" come up in an actual study of economics. There's only regressive, progressive, and proportional. And consumption taxes are regressive.
Corporations and executive perks, they'll be completely excluded because those are "business expenses". But grandma's heart meds, your mortgage/rent, a car purchase, repair bill, gasoline, groceries, and everything else will be taxed at 20-30%. But the executives I've met with company cars and lavish corporate vacations, they'll be taxed at zero as long as they're on the company dime. Corporations aren't taxed at all under the "fairtax". S.B. QUOTE To simplify our tax system would bring many blessings, more compliance, more people ACTUALLY PAYING TAXES, a far more fair way of taxation. A consumption tax would in it's very nature be self regulating, too much tax and the economy falters, too little and inflation kicks in. The real kicker for this is that the gov. would have to live within it's means.
As far as your "Joe the plumber" cuts and your "Truck driving Cletus" remarks go Neither was meant as a cut, sorry if it came out that way. You came up with Cletus, I just decided to keep it going.
But the real "Joe the Plumber" during the election comes to mind during these discussions, which is why I use it often. Solidly blue collar, middle class, but hopes that one day he'll be rich so he votes in favor of politicians that undercut him economically.
As for "more people actually paying taxes", no, they won't. Every flat tax proposal discussed last election included a prebate payment to all taxpayers, a payment every month to lower income people to offset their taxes. A new entitlement program estimated to cost 700 billion. In fact, the only people that will pay LESS in taxes under the Fairtax are the poor and the rich. This has been shown and I've posted the conclusions of Bush's advisory committee on tax reform several times on here. The only people who paid more in taxes under the "Fairtax" (with or without prebate) were about $25k to $250k. Above or below those incomes paid far less.
-------------- You know it's going to be a bad day when you cross thread the cap on the toothpaste.
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Post Number: 43
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pepi la pew
Group: Members
Posts: 55
Joined: Mar. 2013
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Posted on: May 28 2013,9:59 am |
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What im saying is you pay the same tax on your gross pay. No deduction of any kind?
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Post Number: 44
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Self-Banished
Group: Members
Posts: 22572
Joined: Feb. 2006
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Posted on: Jun. 01 2013,4:31 pm |
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(irisheyes @ May 28 2013,8:59 am)
QUOTE They won't pay the same percentage, they'll pay a lower one. You won't even see the term "flat tax" come up in an actual study of economics. There's only regressive, progressive, and proportional. And consumption taxes are regressive. Corporations and executive perks, they'll be completely excluded because those are "business expenses". But grandma's heart meds, your mortgage/rent, a car purchase, repair bill, gasoline, groceries, and everything else will be taxed at 20-30%. But the executives I've met with company cars and lavish corporate vacations, they'll be taxed at zero as long as they're on the company dime. Corporations aren't taxed at all under the "fairtax". S.B. QUOTE To simplify our tax system would bring many blessings, more compliance, more people ACTUALLY PAYING TAXES, a far more fair way of taxation. A consumption tax would in it's very nature be self regulating, too much tax and the economy falters, too little and inflation kicks in. The real kicker for this is that the gov. would have to live within it's means.
As far as your "Joe the plumber" cuts and your "Truck driving Cletus" remarks go Neither was meant as a cut, sorry if it came out that way. You came up with Cletus, I just decided to keep it going. But the real "Joe the Plumber" during the election comes to mind during these discussions, which is why I use it often. Solidly blue collar, middle class, but hopes that one day he'll be rich so he votes in favor of politicians that undercut him economically. As for "more people actually paying taxes", no, they won't. Every flat tax proposal discussed last election included a prebate payment to all taxpayers, a payment every month to lower income people to offset their taxes. A new entitlement program estimated to cost 700 billion. In fact, the only people that will pay LESS in taxes under the Fairtax are the poor and the rich. This has been shown and I've posted the conclusions of Bush's advisory committee on tax reform several times on here. The only people who paid more in taxes under the "Fairtax" (with or without prebate) were about $25k to $250k. Above or below those incomes paid far less. The middle class are carrying all the freight now, what I would like to see is everyone, no exemptions, no paybacks or rebates. With this there is no buying votes and would be a purely capitalistic society.
As far as the "Joe the Plumber" thing, that guy was nothing more than a publicity blip for the media.
-------------- Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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Post Number: 45
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MADDOG
Group: Moderator
Posts: 7821
Joined: Aug. 2003
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Posted on: Jul. 07 2013,6:27 pm |
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With the new "sin tax" on cigarettes forcing mostly lower and middle income to pay the brunt of the expected $2.1 billion in additional revenue, here comes the next big rape of your tax dollars. Keep in mind that you Minnesota dwellers already pay over 10% of your income into the state coffers. (7th highest in the nation) This new smoke tax is going to harm small business owners, especially in border counties and the metro area where smokers will cross the border to continue their habit. When Iowa raised their tax on cigarettes $1.36, border crossings (smoke smuggling)went from 2.4% to 21.3%. Trust me, they will. I did it for years myself. The brunt of the $400 million cigarette portion of revenue increase will largely be felt by lower income taxpayers.
Now, the counties are considering a "wheelage tax." Only in Minnesota. Wheelage taxes were proposed 100 years ago. With the increased expense in highway construction and maintenance in order to meet traffic demands the carrying of the total cost as a general property tax is decidedly unfair. A wheelage tax was places based on the tires and tonnage of individual vehicles licensed in the state. When any motor vehicle is licensed, the appropriate tonnage is applied for and paid. Paying an additional tax on your car based on where it is parked is ridiculous at best.
SB, would it make more sense to have a tire tax? Tires are sold based on size and weight bearing properties. The more you use the road, the faster they wear out. Every time tires are sold, tax the pi$$ out of them. Sound O.K.?
-------------- Actually my wife is especially happy when my google check arrives each month. Thanks to douchbags like you, I get paid just for getting you worked up. -Liberal
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Post Number: 46
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Self-Banished
Group: Members
Posts: 22572
Joined: Feb. 2006
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Posted on: Jul. 07 2013,8:34 pm |
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I've been paying a $5 a vehicle wheel age tax in the municipality I live in for the last 5 or so years
Trucks are already licensed and pay by weight. A typical semi tractor licensed in the state of MN pays about $1750 a year being licenced for 80K.You also have to add in another $550 a year for HVUT ( heavy vehicle use tax) Reminds me, I have to send another check to the gov. At the end of the month.
Tire tax, sure why not? Gives me another reason to raise prices to customers, then that gets past down the line. You're sounding like you want a tire tax to replace a license tax or even fuel tax. Sorry, with our politicians it doesn't work that way, they're like crack junkies, more taxes are better.
-------------- Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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Post Number: 47
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Post Number: 48
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Post Number: 49
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mngroomer
Group: Members
Posts: 47
Joined: Nov. 2005
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Posted on: Jul. 08 2013,3:53 pm |
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I am a smoker but refuse to pay the extra taxes so I have been using the e-cigs for 3 months now and its a lot cheaper and healthier then regular cigs. and I feel better because I am not getting all the tar etc that's in cigarettes. give them a try. I suggest you buy them from the smoke shop by walmart, they have a few to choose from.
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Post Number: 50
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Self-Banished
Group: Members
Posts: 22572
Joined: Feb. 2006
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Posted on: Jul. 08 2013,6:40 pm |
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^yep, I've been seeing more and more E cigs. My wife can even smoke in my pickup and there's no odor.
-------------- Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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