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Old 09-05-2011, 05:29 PM
 
Location: Sierra Vista, AZ
16,516 posts, read 21,969,821 times
Reputation: 8720

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Quote:
Originally Posted by bobtn View Post
Not true per capita, wheelsup. We're still getting massive investments, from VW, a new engine production line at Spring Hill, some massive solar panel mfg (Clarksville, Tn region), a new owner investing mega-bucks at former Ford Glass plant in Nashville, and Electrolux with its 2,800 employee facility constantly updating capital equipment about 30 miles from me right now, etc. For just 5% of the world's population, we are getting more than our share of investments.


Manufacturing is again driving U.S. economy | The Tennessean | tennessean.com
So we can better serve our foriegn masters? If they are going to invest here let them pay Union Scale otherwise they are colonizing
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Old 09-05-2011, 05:33 PM
 
Location: NJ
18,668 posts, read 18,082,578 times
Reputation: 7284
They do pay the same basic rates. Toyota paid more than GM with profit-sharing. VW is starting folks at $14.50/hr in a uber low cost region, while Fords' new Michigan plant to build the Escort pays $14.50/hr, in a high cost region. Chattanooga housing costs alone would be $500 or more less rent or mortgage per month vs Michigan.

PS Foreign masters-LOL? GM owns Spring Hill, and the Glass plant was bought by a US incorporated firm. Solar plants are owned by a mix of US and foreign firms.
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Old 09-05-2011, 05:46 PM
 
738 posts, read 1,027,943 times
Reputation: 1009
Quote:
Originally Posted by UNC4Me View Post
I don't understand this statement. Every National Sales Tax plan I've seen omits things like food, basic clothing (think sneakers not Air Jordans), housing, utilities, cars (think Honda not Hummer), medical/dental care and education. The poor would continue to pay any State sales tax on these items as they already do, but would only pay additional tax based on personal choices. If they have no money for extras now, their taxes will not change. If they have disposable income, I wouldn't be upset that a "poor" person gets taxed on an X-Box anymore than I would that a "rich" one gets taxed on a jet.
I don't know what examples you are looking at. The FAIR tax gives prebates. Everything is taxed. The prebate for a single person is $300+, for a married couple it is $500+ per month. The prebate increases for number of children.

The whole idea is simplification. There can be no exceptions on what is taxed and what is not.

All money from crime is taxed when spent. Visitors to our country would pay. Illegal aliens would pay.

Look at your pay stub. All that is now deducted for SS, Medicare, and Federal Tax would be added to your take home pay.

Look at your phone and cable bill, those taxes are gone.

We would have no Federal Tax filing.

The prebate is based on the poverty level. It does not hurt the poor, unless they are cheating, such as working under the table, now.
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Old 09-17-2011, 02:33 PM
 
77 posts, read 132,274 times
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Quote:
Originally Posted by wheelsup View Post
Exactly...when the uber wealthy are PRO something and try to convince the masses it's in their best interests...you instantly know it is NOT what would serve our best interests.
Yes, that's the system we live in. Lobbying happens in the top 5% who can AFFORD to have politicians listen to them. It's all about connections. It's sad, but true.

(The example would be Rick Perry, with the whole HPV thing)

Quote:
Originally Posted by UNC4Me View Post
I don't understand this statement. Every National Sales Tax plan I've seen omits things like food, basic clothing (think sneakers not Air Jordans), housing, utilities, cars (think Honda not Hummer), medical/dental care and education. The poor would continue to pay any State sales tax on these items as they already do, but would only pay additional tax based on personal choices. If they have no money for extras now, their taxes will not change. If they have disposable income, I wouldn't be upset that a "poor" person gets taxed on an X-Box anymore than I would that a "rich" one gets taxed on a jet.
The poor do not know how to save. I've known lower-income people that have had hundred's of thousands of dollars and wasted it in two years and now are living on welfare.

I think lower-income people do not have an incentive to save, because they were never taught about proper finances. I agree with you, to a certain extent.

Quote:
Originally Posted by jtur88 View Post
I strongly suspect (although I don't know) that Russia had no effective mechanism in place to enforce taxation. So a flat tax was much easier to administer. That is not the case in the USA, where there is an elaborate and all-encompassing infrastructure already in place to make it extraordinarily difficult to evade taxes.

Even as you indicated, the purpose of the flat tax was not to champion fairness (a consideration that probably never occurred to the authorities), but to facilitate its universal collection.
True, I agree with you. Russia did not have an effective mechanism. I will tell you this much. I study Economics / Finance and even I can say that the "taxation" system in the United States is incredibly complicated.

It would be nice that at least the average person could understand their tax-returns / or the system.
Sometimes I feel the bureaucratic-state "over-complicates" things just to have average people hire their services.

Quote:
Originally Posted by jodipper View Post
I don't know what examples you are looking at. The FAIR tax gives prebates. Everything is taxed. The prebate for a single person is $300+, for a married couple it is $500+ per month. The prebate increases for number of children.

The whole idea is simplification. There can be no exceptions on what is taxed and what is not.

All money from crime is taxed when spent. Visitors to our country would pay. Illegal aliens would pay.

Look at your pay stub. All that is now deducted for SS, Medicare, and Federal Tax would be added to your take home pay.

Look at your phone and cable bill, those taxes are gone.

We would have no Federal Tax filing.

The prebate is based on the poverty level. It does not hurt the poor, unless they are cheating, such as working under the table, now.
I believe we need to simplify the system A LOT. My mother is a CPA and a lot of the time she needs to hit the textbooks to brush up on her former training. PLUS it doesn't help that the system changes from year-to-year. Which complicates things even more. (Add that for a normal person who has no freaking clue how to do their taxes) -- I do wish the state would simplify things to a "certain" extent.
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