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Old 04-18-2011, 01:54 PM
 
56,988 posts, read 35,198,461 times
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Quote:
Originally Posted by summers73 View Post
A flat or fair tax still ensures the rich pay more.
True...but i mean as a percentage of their income.
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Old 04-18-2011, 01:56 PM
 
Location: state of procrastination
3,485 posts, read 7,310,461 times
Reputation: 2913
Quote:
Originally Posted by Amaznjohn View Post
What land are you living in?
In the most expensive counties in SoCal, USA. I lived on anywhere from 17k - 33k (before I got married and promoted), paid my taxes, saved money for retirement every year, and am happy with my lifestyle.

Plus, OP stated that the first 15k would be exempt. That is more than fair. The middle class is always the freaking greediest because they are actually trying to live an upper middle class lifestyle. A lifestyle that they don't deserve. They should take a close look at themselves before they start about taxing the rich.
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Old 04-18-2011, 01:56 PM
 
Location: Long Island (chief in S Farmingdale)
22,187 posts, read 19,462,661 times
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Quote:
Originally Posted by summers73 View Post
A flat or fair tax still ensures the rich pay more.
It would result in the rich paying less than they do now and the working and middle class to pay more.
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Old 04-18-2011, 01:56 PM
 
Location: In a Galaxy far, far away called Germany
4,300 posts, read 4,408,773 times
Reputation: 2394
Quote:
Originally Posted by Amaznjohn View Post
I got to the first sentence about the Fair Tax, "This is flat 30% National Sales Tax on all sales." and stopped. This statement is NOT true because the Fair Tax would only apply to new items. After reading this, there was no sense in reading anything else in the article.
That is only one thought on the Fair Tax just as a 10% or 15% flat tax are two different versions of the same concept. The Fair Tax could easily be one where, not only new items are taxed, but also used (and even then, with age & itemized exceptions - like a home as a opposed to the short-life of a car). This article is disingenuous.
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Old 04-18-2011, 01:57 PM
 
2,131 posts, read 4,914,517 times
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Quote:
Originally Posted by carterstamp View Post
No, I'm a fair tax fan. Tax on consumption, then everyone get's to pay, rich and poor alike. That way, we eliminate the income tax, and take home more of our pay.
Just as long as there is some sort of credit for money in savings that has already been taxed. Otherwise, you'll be taxed twice for that money.
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Old 04-18-2011, 01:59 PM
 
7,381 posts, read 7,693,440 times
Reputation: 1266
Quote:
Originally Posted by Bulldawg82 View Post
That is only one thought on the Fair Tax just as a 10% or 15% flat tax are two different versions of the same concept. The Fair Tax could easily be one where, not only new items are taxed, but also used (and even then, with age & itemized exceptions - like a home as a opposed to the short-life of a car). This article is disingenuous.
The Fair Tax is actually a bill introduced in the House, HR 25. Used items would not be taxed because they would've already been taxed.
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Old 04-18-2011, 02:01 PM
 
56,988 posts, read 35,198,461 times
Reputation: 18824
Quote:
Originally Posted by miyu View Post
In the most expensive counties in SoCal, USA. I lived on anywhere from 17k - 33k (before I got married and promoted), paid my taxes, saved money for retirement every year, and am happy with my lifestyle.

Plus, OP stated that the first 15k would be exempt. That is more than fair. The middle class is always the freaking greediest because they are actually trying to live an upper middle class lifestyle. A lifestyle that they don't deserve. They should take a close look at themselves before they start about taxing the rich.
17 to 33k in SoCal (in any place decent enough to live) is a cockroach existence. Point blank, period. You can't afford an ice cream cone after you pay your bills.

Please...get real.
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Old 04-18-2011, 02:02 PM
 
7,381 posts, read 7,693,440 times
Reputation: 1266
Quote:
Originally Posted by miyu View Post
In the most expensive counties in SoCal, USA. I lived on anywhere from 17k - 33k (before I got married and promoted), paid my taxes, saved money for retirement every year, and am happy with my lifestyle.

Plus, OP stated that the first 15k would be exempt. That is more than fair. The middle class is always the freaking greediest because they are actually trying to live an upper middle class lifestyle. A lifestyle that they don't deserve. They should take a close look at themselves before they start about taxing the rich.
Who are you to judge who deserves what lifestyle? Greed is what created most of the jobs in the U.S. and will continue to be the driving force. Go see Atlas Shrugged Part 1 and you'll understand.
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Old 04-18-2011, 02:02 PM
 
Location: Raleigh, NC
20,054 posts, read 18,282,893 times
Reputation: 3826
Quote:
Originally Posted by desertdetroiter View Post
17 to 33k in SoCal (in any place decent enough to live) is a cockroach existence. Point blank, period. You can't afford an ice cream cone after you pay your bills.

Please...get real.
Then why not an income tax on zip code of primary job location? You know, if you want to be f-a-i-r.
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Old 04-18-2011, 02:03 PM
 
7,381 posts, read 7,693,440 times
Reputation: 1266
Quote:
Originally Posted by desertdetroiter View Post
17 to 33k in SoCal (in any place decent enough to live) is a cockroach existence. Point blank, period. You can't afford an ice cream cone after you pay your bills.

Please...get real.
I agree. Rent or a mortgage would consume all disposable income.
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