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Old 02-05-2015, 08:36 AM
 
495 posts, read 472,432 times
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Why not consider promoting opportunities for small businesses by having some random rolling of dice every 5 years, and if you land a 6 on the di, you get 5 years of tax-exempt status on all income earned. Otherwise, you pay the income tax proposed under the Clinton administration?

This will give people enormous hope that they could hit a 5-year tax-exempt exclusive opprtunity to really grow their business
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Old 02-05-2015, 08:54 AM
 
29,296 posts, read 26,226,966 times
Reputation: 10234
Sounds okay to me.
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Old 02-05-2015, 10:31 AM
 
5,532 posts, read 5,962,109 times
Reputation: 3155
What about not paying any taxes on income, but on wealth?
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Old 02-05-2015, 10:33 AM
 
Location: Philadelphia
11,881 posts, read 10,356,381 times
Reputation: 8045
People should be taxed relative to how much they consume-not how much they earn.

Sales tax should be the only legal tax.
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Old 02-05-2015, 10:35 AM
 
549 posts, read 385,968 times
Reputation: 507
Quote:
Originally Posted by 2e1m5a View Post
People should be taxed relative to how much they consume-not how much they earn.

Sales tax should be the only legal tax.
Yes!
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Old 02-05-2015, 11:57 AM
 
920 posts, read 501,903 times
Reputation: 643
How about shutting down the IRS and follow the Constitutionally approved purposes and methods to lay and collect taxes!

Funding of national necessities would be done by duties charged on imports and exports as well as a form of consumption tax paid to the states and apportioned for payment to the federal government!

Get rid of the IRS and implement a consumption tax that will do away with loopholes and the need for a 74,000 page tax code!!
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Old 02-05-2015, 12:07 PM
 
24,843 posts, read 32,329,569 times
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Quote:
Originally Posted by oberon_1 View Post
What about not paying any taxes on income, but on wealth?
No way!!!!!

The taxes were paid on my wealth.
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Old 02-05-2015, 12:09 PM
 
Location: Out West
22,637 posts, read 16,753,813 times
Reputation: 26220
Quote:
Originally Posted by 2e1m5a View Post
People should be taxed relative to how much they consume-not how much they earn.

Sales tax should be the only legal tax.
I actually like that idea...I would have to consider it more, find out more, before I'm on board 100%, but I like that idea.
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Old 02-05-2015, 12:13 PM
 
2,145 posts, read 1,585,310 times
Reputation: 1057
Quote:
Originally Posted by oberon_1 View Post
What about not paying any taxes on income, but on wealth?
So we all live paycheck to paycheck and pay little to no taxes? Sounds like a winning idea, until a recession hits, or... until we have to retire
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Old 02-05-2015, 12:13 PM
 
5,532 posts, read 5,962,109 times
Reputation: 3155
Quote:
Originally Posted by Driller1 View Post
No way!!!!!

The taxes were paid on my wealth.
Much simpler, effective and perhaps... more fair. It also won't discourage people to work harder as many conservatives claim.
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