I'd like to see the source information (as opposed to just Source: Internal Revenue Service). As well, I'd also like to see the actual received revenue per bracket as opposed to these numbers.
Oh, the other thing: assuming Personal Income includes personal services contracts is faulty. It's considered a service contract paid to an individual contractor: er go, it's business income. I seem to remember a few different CEOs take home a whopping $50,000 salary, but get access to corporate property, a fat monthly stipend, signing bonus and completion bonus all of which are tax paid by the company.
Transeat In Exemplum: Let this stand as the example.
Surprisingly, I'm not very informed on this Fair Tax. Could someone break it down, without injecting any political slant?
I kinda like the idea of a flat tax percentage on one's income. Say, 10% for everyone. No, wait, that amounts to a tax break for the rich...my bad. Actually, it would cut me down a few percentage points as well....ok, maybe it is good. No, wait....flat tax = republicans and republicans hate women, black people, old people, and the poor, so ....flat tax is bad....right?
Someone on this thread mentioned the concept of a "tax burden" on society. Bob's existence as a citizen neccessitates certain services provided by his government. (schools, roads, elected representatives, police, fire, etc) Why not divide the cost of government and public services equally among all adult tax payers?
Where I work, if we want to order pizza, we all chip in 5 dollars and we all get one half of a large pizza. We don't say, "well the assistant manager makes 2x as much as we do, so he has to pay 8 dollars, while only getting 1/2 a pizza." No, would be down right stupid. It also makes someone reading this angry, because now they have to google a bunch of websites to prove how the assistant managers of this world are actually getting 14 pizzas and only paying $1.50, of course, balanced on the back of their poor working class peons.
The whole concept of a citizen paying their fair share is misconstrued all the time. Class envy/ warfare has us thinking that someone who makes more, should pay more in taxes, yet receive the same serives. These socialist googlers also just had the thought of how the rich get more services, because their schools are better, and they get to meet and lobby politicians more freely than Floyd and Ethel living off social security. (remember Ethel, if you want some attention from a politician, you have to go on TV and eat catfood cuz you can't afford human food AND your arthritis meds)
Anyone ever wonder why the rich have all the good schools? Well, quite often, rich people live in expensive houses, and quite often pay something called a millage. Well, these mils raise money based on property values. This raised money then goes towards THEIR OWN SCHOOL DISTRICT (for shame for shame). So, now we have rich white kids, getting a better education, learning from higher paid teachers, in small class sizes. Is this fair?
One side would say yes. Yes, because their taxes went to pay for a service that they alone use. Not someone else's brat.
Would you believe that their are individuals known as "concerned" liberals that believe this type of imperialistic monopoly of wealth is evil and inherently immoral? That it keeps the playing field un-level? That it keeps DaQuan's peoples in bad skoolz, lerning bad ejumacations, and limitin their pergogative to a betta life?
Oh, I can't wait to see all the cuttin and quotin that will surely follow.
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“Poor Al Gore. Global warming completely debunked via the very Internet you invented. Oh, oh, the irony!” -Jon Stewart
It's important to note the "FairTax" isn't the same as the "Flat Tax".
Quote:
What is the FairTax plan?
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.
The FairTax Act (HR 25, S 1025) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.
The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.
The FairTax:
* Enables workers to keep their entire paycheck
* Enables retirees to keep their entire pension
* Refunds in advance the tax on purchases of basic necessities
* Allows American products to compete fairly
* Brings transparency and accountability to tax policy
* Ensures Social Security and Medicare funding
* Closes all loopholes and brings fairness to taxation
* Abolishes the IRS
We offer a library of information throughout this Web site about the features and benefits of the FairTax plan. Please explore!
Based on what I've just read, the Fair Tax is nothing more than a tax-break for the evil rich. Now, if you'll excuse me, I have to google some charts and projections that will prove this is nothing more than an evil scheme by the Dark Lord (Newt Gingrich) to financially rape America's working class, while simultaneously lining the velvet pockets of the wickedly wealthy.
What is wrong with you? How dare you expect me to pay a high tax rate on a box of pencils or a new set of leg warmers? Thurston Howell and his war-for-oil cronies should pay all the taxes.
How dare you suggest that the price of my new 2008 Chevy Malibu (hybrid green of course) will cost me an extra $25k ? Of all the nerve...
And we all know of course, that those rich jerks will just airlift all their purchases from the AirShip piloted by W. Bush.
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“Poor Al Gore. Global warming completely debunked via the very Internet you invented. Oh, oh, the irony!” -Jon Stewart
I dare say that 23% extra on all items will be a pretty wet blanket to help that flagging economy along.
If this also destroys Social Security, I can see a ton of people getting rankled about it.
The other thing: if this gets implemented you will see the black market/underground economy literally explode in popularity, if you think police are having a rough time keeping up with it now, this will make today's efforts seem like a pathetic joke.
Trust me on this one: When Canada imposed a 7% Goods and Sales tax, our underground economy (ie under-the-table stuff, bartering, and stolen/smuggled items trafficking) went up by an estimated 400%. Hell, when the tobacco tarriffs were increased, some gas stations were having their cigarettes looted, and the cash-registers were left alone!
FairTax seems to me like a FairlyBadIdea.
Transeat In Exemplum: Let this stand as the example.
where did you get that information from?
I agree with GAM on this one. Keep the United States tax system in place, but raise taxes on the "wealthy" (those making more money than me) and lower taxes on everyone else. Why abolish something that is working so well. I don't know about you, but I simply wet myself in anticipation of all the taxes I get to pay to fund a lot of things I neither want or need, for people I don't know or love.
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“Poor Al Gore. Global warming completely debunked via the very Internet you invented. Oh, oh, the irony!” -Jon Stewart
keep the tax system the same means to me "keep helping lazy people who do not want to get up their ass and get a job" and who only have children to get free money.
this is one of the reasons why I support the fairtax.
Robby Robby Robby.... (sigh) You obviously reached a higher plane of understanding, because you don't advocate doing everything like they do in Canada.
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“Poor Al Gore. Global warming completely debunked via the very Internet you invented. Oh, oh, the irony!” -Jon Stewart
Robby002 wrote:where did you get that information from?
Directly from the FairTax website...also have the book by Boortz.
Sounds like right-wing, religious, anti-black people, homophobe propaganda to me. Sheesh.
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“Poor Al Gore. Global warming completely debunked via the very Internet you invented. Oh, oh, the irony!” -Jon Stewart
Hey, remember my first post about the babies mommas getting excited about their tax refunds? Well, one of these people has already spent nearly the entire dang check. (almost 5 thousand dollars)
This girl had her water turned off for non-payment, had her car repossessed for non-payment, and was kicked out by her landloard for .......non-payment. Got a different car, and didn't make her December payment, (to buy Christmas presents) promising to make a double payment in January, which she couldnt' do because she was fired from her job.
She is currently sharing a room with her 9 yr old and 5 yr old at her dad's house. So what does this twit do?
Gives her boyfriend 2k to buy superbowl tickets for next year. Drops another $500 on new school clothes for the kids...buys a 32' lcd tv for their room...and a Wii with some games... and got each of the kids a new Ipod nano.
I don't know what else she did, but her b/f told me that she has spent the rest, except for a $200 Target gift card, which she still has.
Meanwhile, stupid is still sharing a bedroom with her kids, living with her dad, and is a month behind on her car note.
On the plus side, she did what most of these parasites do, helping boost the economy with here flagrant wasteful purchases. (except for the school clothes)
And guess what she's excited about now....that's right. Tax rebates in July. $600 for her and $300 for each kid. You just gotta love renamed welfare dontcha? (except for corporate right-wing republican white welfare)
“Poor Al Gore. Global warming completely debunked via the very Internet you invented. Oh, oh, the irony!” -Jon Stewart
I actually read most of every post...wow!
What I realize...what I have to live with day to day, is the loss of about one third of my paycheck to taxes and healthcare (mostly taxex). Then I go to the local walmart and see this guy/girl with his "south pole" hoodie and all kinds of gold chains and jewelry paying for food with food stamps. Then i have to see him get in his trick Escalade with 2x" chrome rims and a stereo that will wake the dead, while i get in my cavalier.
That guy in the cardboard box that was brought up a while back...he's one of the most honest people in the country. If it was up to me, you would have to be totally posessionless and homeless before you would be considered for welfare/food stamps or other handouts from my paycheck. I seriously wanted to grab my knife and cut that bastard when i saw him get in that 50K dollar SUV after paying with food stamps...and I see it all the time.
Until that @!#$ stops, no one will convince me that the current system is even close to working...
oldskool wrote:I actually read most of every post...wow!
What I realize...what I have to live with day to day, is the loss of about one third of my paycheck to taxes and healthcare (mostly taxex). Then I go to the local walmart and see this guy/girl with his "south pole" hoodie and all kinds of gold chains and jewelry paying for food with food stamps. Then i have to see him get in his trick Escalade with 2x" chrome rims and a stereo that will wake the dead, while i get in my cavalier.
That guy in the cardboard box that was brought up a while back...he's one of the most honest people in the country. If it was up to me, you would have to be totally posessionless and homeless before you would be considered for welfare/food stamps or other handouts from my paycheck. I seriously wanted to grab my knife and cut that bastard when i saw him get in that 50K dollar SUV after paying with food stamps...and I see it all the time.
Until that @!#$ stops, no one will convince me that the current system is even close to working...
no matter what system is implied you will always find people who will be able to scam the system.
http://www.flickr.com/photos/sndsgood/ https://www.facebook.com/#!/Square1Photography
I don't know
it doesn't make sense to me why people bring kids to this world when they know they can't afford them.
I know parents who do not work, ask other family members to Claim their 3-4-7 kids to split the child credit or something @!#$ up @!#$ and get money.
if they paid 2,500.00 on federal, they get back 9,000.00 on child tax credit.
All they need is the kid's Social security, birth certificate, and date of birth, and I don't know what else.. all I know is as easy as ordering a burger from burger king.
This is one of the reasons why I support the fairtax
there are allot of uneducated people out there that dont know any better. the women think if they have unproteced sex the man will love them and stay with them. so they do it over and over again. the men just wanna get laid and dont care if the girl gets pregnant.
daycare isnt cheap. if i had another kid my daycare costs would be around $1700 a month. for that much i might as well have the wife stay at home. for these women with no support from the father. if they work and make $7 an hour that wont cover living expensese or daycare. but if they are unemployed. welfare will help them out allot more then the job would. allot of the problem is with how welfare is ran. basically if you have a job you dont get welfare. it doesnt matter if that job you have is enough to feed you and keep you in an apt or not. its an all or nothing deal. so for most women they can't get off welfare.
http://www.flickr.com/photos/sndsgood/ https://www.facebook.com/#!/Square1Photography
^^
Their decision. Live w/ the consequences.
05 M6 YJ GTO 1 of 447 12.523@111.30
sndsgood wrote:there are allot of uneducated people out there that dont know any better. the women think if they have unproteced sex the man will love them and stay with them. so they do it over and over again. the men just wanna get laid and dont care if the girl gets pregnant.
Yes, this goes back to my made up Adam and eve story I just said where men just wanna get laid and women think that by using sexual acts they will take control of their men.
anyway. with the welfare issue is that to go around it is if Mom stays home and say that she doesn't have a job or income and the boy friend can still bring a pay check and not claim it or tell the welfare people.
or all she has to say is that she does not know who the father is. so by saying that ok here's your check!
or if she does have a job, and she doesn't qualify because she makes 0.02 too much. after having a second kid, then she will qualify
bottom line is
if you're lazy and stupid you get a pay check
if you're honest and hard working, sorry you're too smart to get a check. No check! Cya! next!
ScottaWhite wrote:I agree with GAM on this one. Keep the United States tax system in place, but raise taxes on the "wealthy" (those making more money than me) and lower taxes on everyone else. Why abolish something that is working so well. I don't know about you, but I simply wet myself in anticipation of all the taxes I get to pay to fund a lot of things I neither want or need, for people I don't know or love.
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Uh.. huh...
I'm talking about RAMPING UP SALES TAXES.
Fair tax is about RAMPING UP SALES TAXES to compensate for lost revenue from income taxes.
I pointed out that ramping up sales taxes a mere 7% resulted in a 400% increase in underground economic activities, (if you want to know how you gauge this kind of thing, ask economic enforcement units in your state and local PD's or even the FBI). Even if you completely get rid of taxation of income, 23% on all items other than groceries and such, you're going to see the economy stagnate, because who wants to pay 40,000 for a $30,000 car before you even factor in interest?
Transeat In Exemplum: Let this stand as the example.
GAM (The Kilted One) wrote:ScottaWhite wrote:I agree with GAM on this one. Keep the United States tax system in place, but raise taxes on the "wealthy" (those making more money than me) and lower taxes on everyone else. Why abolish something that is working so well. I don't know about you, but I simply wet myself in anticipation of all the taxes I get to pay to fund a lot of things I neither want or need, for people I don't know or love.
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Uh.. huh...
I'm talking about RAMPING UP SALES TAXES.
Fair tax is about RAMPING UP SALES TAXES to compensate for lost revenue from income taxes.
I pointed out that ramping up sales taxes a mere 7% resulted in a 400% increase in underground economic activities, (if you want to know how you gauge this kind of thing, ask economic enforcement units in your state and local PD's or even the FBI). Even if you completely get rid of taxation of income, 23% on all items other than groceries and such, you're going to see the economy stagnate, because who wants to pay 40,000 for a $30,000 car before you even factor in interest?
yeah but 40,00 on that 30,00 car wouldnt hit me in the gut so much knowing my check im bringing home is now 25% more.
http://www.flickr.com/photos/sndsgood/ https://www.facebook.com/#!/Square1Photography
