For A Northeastern State That Is Supposed To Be The Reddest, Pennsylvania Sure Has A lot Of Regulation (York: apartment, rentals)

[thecoalman]

Taking 35 cents and leaving them 65 cents for every dollar they make over 100,000

You're penalizing success when we should be encouraging it.

would be investing much of that or spending it on luxuries

That is providing jobs.

[Davros]

Originally Posted by thecoalman

You're penalizing success when we should be encouraging it.




That is providing jobs.

The poor family provides jobs when they spend money on goods too.

I am not penalizing success. I am taxing in the way that causes the least hardship while raising the needed revenue.

[thecoalman]

Originally Posted by Davros

I am not penalizing success.

If you are going to tax someone more because they are making more money that is exactly what you are doing. If you were to go out and start a business it could take years of of 10 to 12 hour days 7 days a week to start making some real money. When the pot of gold is in sight you're going to tax it? If you're going to take a risk starting a business and put all that work in there has to be a reward.

[pman]

Originally Posted by Davros

A family making 45,000 having to shell out 4500 in taxes would find that quite devastating. A family making 30,000 having to shell out 2250 in taxes would find that devastating.

A family making 500,000 and only having to pay 75,000 and keeping 425,000 would be investing much of that or spending it on luxuries. Taking 35 cents and leaving them 65 cents for every dollar they make over 100,000 so that the poor family can keep their 2250 or 4500 doesn't sound too unfair to me.
The poor family needs every dollar. The rich family does not.
The progressive tax system is fair on a federal level.
I have no problem with states having a flat tax.
I wish PA's flat tax involved less paperwork and complex regulation defining gross taxable income.

youre missing the forest for the trees. first of all if you made 500k youd be paying 97k not 75k in taxes. a poor family, one at the poverty level , would pay virtually nothing. the exemption actually makes the flat tax progressive. the fact is buffett was pointing out he paud something like 12% not 35%. flat taxes are fine at the federal level , onstead we have a syatem that pretends to be progressive but can often be regressive (where the proportion decreases as income increases). via the use of deductions, loopholes, amd regressive taxes like so
cial security. and just what is the revenue neded for ? war ?
i wish federal taxes were also simpler but of all my complaints the income tax is low on the list. the franchise tax is pretty annoying and often costs more to calculate than its generating for the state

[HappyRider]

Originally Posted by Davros

Do you think it's fair that PA taxes everything but retirement income?

At least I know where I stand. You want to gum up the tax code with back room deals that nobody finds out. This is how sweetheart deals are snuck in. You make 30,000 you pay 900. You pay 3000,000 you pay 90,000. Essence of fairness. You can't convince me that 90K is not going to hurt. It is 90K. It pays for a whole year of Ivy league education. Your problem really lies elsewhere. What you really want to say is why the 30K guy can't send his kids to Ivy league schools?

[HappyRider]

Originally Posted by Davros

I find filling out my PA tax forms equally or more complicated than filling out my federal taxes. This is in spite of PA supposedly having a simple tax code.

How? Please give an example. You still have to report your income. If that is too complicated for you, I am afraid there isn't a tax code simple enough for you. The complexity of the Federal 1040 is to arrive at your taxable income. With no deductions this is a simple task in PA. Oh, about the rich vs. poor thing, you can't count your business losses against your income. How is that fair?

[HappyRider]

Originally Posted by Davros

The poor family needs every dollar. The rich family does not.

I hate to begin name calling but there is no way around it. You are a Marxist.

"De chacun selon ses moyens, à chacun selon ses besoins"

[Davros]

Originally Posted by HappyRider

At least I know where I stand. You want to gum up the tax code with back room deals that nobody finds out. This is how sweetheart deals are snuck in. You make 30,000 you pay 900. You pay 3000,000 you pay 90,000. Essence of fairness. You can't convince me that 90K is not going to hurt. It is 90K. It pays for a whole year of Ivy league education. Your problem really lies elsewhere. What you really want to say is why the 30K guy can't send his kids to Ivy league schools?

When did I ever say I support backroom deals?

A progressive income tax can be simplified compared to what it is now federally but remain progressive.

[Davros]

Originally Posted by HappyRider

How? Please give an example. You still have to report your income. If that is too complicated for you, I am afraid there isn't a tax code simple enough for you. The complexity of the Federal 1040 is to arrive at your taxable income. With no deductions this is a simple task in PA. Oh, about the rich vs. poor thing, you can't count your business losses against your income. How is that fair?

I moved out of state and I have to figure out all kinds of junk about paid moving expenses and part year residency and about when I sold my car I have to do all kinds of complicated calculations to demonstrate that I did not profit from the sale. PA wants its cut of everything except for retirement income.

[Davros]

Originally Posted by HappyRider

I hate to begin name calling but there is no way around it. You are a Marxist.

"De chacun selon ses moyens, à chacun selon ses besoins"

Ah I don't understand whatever language that is. And no, I am not a Marxist. I support a progressive federal income tax with a 35-40% maximum marginal tax rate, just like 95% of American Democrats. I'm a proud Democrat like half of this country's population, and I am no Marxist.