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Old 10-04-2011, 04:55 AM
 
Location: Portland OR
404 posts, read 1,338,666 times
Reputation: 214

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We need to end "if you have "nothing" you get everything, if you have a lot, we take everything, and if you're anywhere in between we take a ton, but not give much back"...

have you seen the eligibility requirements for SSI?
If you have the sense to be able to save up $10K, you're denied. However you're allowed one car, with no limit on value.

Public housing is similar. In NYC, you only have to pay 30% of INCOME towards rent. That's how you could afford to live in a $1,300/mo apartment there as long as you get past the waiting list.
If you're making $1,000/mo, that means you pay $300/mo, gov't pays $1,000/mo. This is who you end up with bling cars in section 8 housing areas.

If you're poor, you can have the lifestyle, so long as you keep traceable cash low
If you're way rich, you can afford it anyways.

We need to look at putting an end to those who drain the system rather than complain about not putting ENOUGH into the system.

Another group we need to focus on are those who get earned income tax credit that puts their net tax payment into negative (i.e. they're draining). This should never be allowed.

No matter how much you cut the rich's tax, it will almost certainly will keep the net tax payment positive.
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Old 10-04-2011, 05:12 AM
 
Location: Atlanta
6,793 posts, read 5,662,429 times
Reputation: 5661
I say end Tax Loopholes for everyone.. I mean Fair is Fair.
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Old 10-04-2011, 05:16 AM
 
6,137 posts, read 4,861,475 times
Reputation: 1517
Quote:
Originally Posted by TechmanOR View Post
We need to end "if you have "nothing" you get everything, if you have a lot, we take everything, and if you're anywhere in between we take a ton, but not give much back"...
Well said
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Old 10-04-2011, 05:18 AM
 
Location: somewhere in the woods
16,880 posts, read 15,198,564 times
Reputation: 5240
Quote:
Originally Posted by Winter_Sucks View Post
Why is the GOP protecting tax loopholes for the rich?

Here

end tax loopholes for everyone including politicians, then cut the irs by 50% and goverment by another 50%. that way the USA is not wasting anymore money than it needs to.
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Old 10-04-2011, 05:27 AM
 
Location: Londonderry, NH
41,479 posts, read 59,783,759 times
Reputation: 24863
Tax all income from all sources with a single deduction at the 90th percentile of income. Set the rate to cover all of the operating expense of government, including wars and defense, and only borrow for capital repairs and improvements.

That would really cut the loopholes for everyone and put the burden of operating the country on the people that own it. If a few want to renounce their citizenship to avoid this tax the government will simply take all the money they ever earned as US citizens no matter where they stashed it.
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Old 10-04-2011, 06:12 AM
 
Location: Dallas
31,290 posts, read 20,740,494 times
Reputation: 9325
Quote:
Originally Posted by Winter_Sucks View Post
Why is the GOP protecting tax loopholes for the rich?

You obviously don't understand the tax code. There are no "loopholes for the rich".
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Old 10-04-2011, 06:25 AM
 
35,309 posts, read 52,305,052 times
Reputation: 30999
Quote:
Originally Posted by egamakaded idiut View Post
If I make $15/hr., get laid off, get 60%($9/hr.) unemployment, no longer have to drive back and forth to work(costs 50 cents/mile to drive avg. says AAA), have lower tax rate because I make less, have 2 kids who get free lunches now because I hit the low income bracket, get limited kids health ins. and food stamps for same reason, why on earth would you look for work?
Because sooner or later that Unemployment insurance is going to run out..
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Old 10-04-2011, 06:29 AM
 
Location: Londonderry, NH
41,479 posts, read 59,783,759 times
Reputation: 24863
The trick is to make certain the UI never runs out. Supporting the unemployed and unemployable is way cheaper then the populist uprising we really need.
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Old 10-04-2011, 06:46 AM
 
Location: Here
11,578 posts, read 13,948,459 times
Reputation: 7009
More incessant whining from the Eat the Rich crowd.
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Old 10-04-2011, 06:55 AM
 
Location: it depends
6,369 posts, read 6,408,962 times
Reputation: 6388
Quote:
Originally Posted by 01Snake View Post
More incessant whining from the Eat the Rich crowd.
...and none of them have figured out that you can't eat the rich and have them, too.
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