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Old 08-16-2011, 10:18 PM
 
Location: the very edge of the continent
88,964 posts, read 44,771,250 times
Reputation: 13677

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Quote:
Originally Posted by Boompa View Post
Steve Forbes has been pushing his flat tax for a generation now. It sounds great until you get the calculator out
How does a calculator change the fact that with a flat tax if you earn little, you pay little and if you earn A LOT, you pay A LOT?
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Old 08-17-2011, 06:48 AM
 
Location: Long Island
32,816 posts, read 19,469,405 times
Reputation: 9618
Quote:
Originally Posted by freemkt View Post
Should that also apply to state and local taxes and property taxes?
we are talking federal right now..


but if you wish to talk state, then you have to look at ALL the states on a broad view..some states dont have income tax (fl, and a few others), some have multiple layers of property tax (NC has a property tax on dogs)


but the TPOIC is federal income tax...please stray on topic
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Old 08-17-2011, 06:49 AM
 
Location: Long Island
32,816 posts, read 19,469,405 times
Reputation: 9618
Quote:
Originally Posted by InformedConsent View Post
How does a calculator change the fact that with a flat tax if you earn little, you pay little and if you earn A LOT, you pay A LOT?
it doesnt
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Old 09-03-2011, 03:20 PM
 
33,016 posts, read 27,440,907 times
Reputation: 9074
Quote:
Originally Posted by workingclasshero View Post

better yet would be a tax on spending..a consumption tax instead of an income tax (since a majority of income is NEVER REPORTED)

One thing I find interesting (although probably nobody else finds it interesting) is that prices vary dramatically for the same thing, depending on where you are, how much money and/or credit you have, and who's selling it to you.

Joe Palooka and Richie Rich do not typically pay the same price for a widget.

I can walk into two stores in the same town and sometimes find a 100 percent different in their prices for the same item. If I buy a widget at Store B, I should pay twice as much tax as if I buy the widget at Store A? What if I can't get to Store A? Tough luck?

Now this does suggest a business opportunity, but I don't think that's the best way to do it.
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Old 09-03-2011, 06:44 PM
 
13,900 posts, read 9,765,477 times
Reputation: 6856
So Rick Perry supports higher taxes?
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Old 09-03-2011, 07:00 PM
 
Location: Blah
4,153 posts, read 9,263,506 times
Reputation: 3092
Quote:
Originally Posted by Winter_Sucks View Post
So Rick Perry supports higher taxes?
Nah, he's talking about the 50% of the American people who don't pay taxes.

These people don't pay taxes due to low income and generally live off government assistance but at the same time have the same legal voting rights as the next person. During the 2008 election, these people voted for "Spreading the Wealth." These same people vote to raise taxes but ironically don't pay taxes them selves. They want higher taxes so they can receive more government welfare hand outs...remember the stimilus that sent out free checks? Hard working Americans are getting really sick of welfare recimpiates voting for higher taxes and thus want them to start contributing to the cause. It's like Congress voting for a raise...
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Old 09-03-2011, 07:26 PM
 
Location: Long Island, NY
19,792 posts, read 13,940,856 times
Reputation: 5661
Jon Stewart Defends the Poor from Money-Grubbing Conservatives
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Old 09-03-2011, 07:31 PM
 
1,115 posts, read 1,208,291 times
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Quote:
Originally Posted by workingclasshero View Post
we are talking federal right now..


but if you wish to talk state, then you have to look at ALL the states on a broad view..some states dont have income tax (fl, and a few others), some have multiple layers of property tax (NC has a property tax on dogs)


but the TPOIC is federal income tax...please stray on topic
No, NC does not have a property tax on dogs. Some communities in NC levy a fee to dog owners, as I suspect many communities in other states do.
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Old 09-03-2011, 08:21 PM
 
Location: San Antonio
4,422 posts, read 6,254,229 times
Reputation: 5429
This guy is becoming more of a joke by the day.
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Old 09-03-2011, 08:28 PM
 
Location: Pa
20,300 posts, read 22,211,852 times
Reputation: 6553
Quote:
Originally Posted by Savoir Faire View Post
So the tea party wants to lower the taxes for themselves but not for the majority of Americans

Im not a tea party member but from what I understand, they want everyone to pay a share not just a select few.
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