U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-14-2017, 05:10 PM
 
Location: State of Transition
86,019 posts, read 79,171,822 times
Reputation: 88310

Advertisements

Quote:
Originally Posted by jetgraphics View Post
America would do well with a 97% cut in taxes - and - cut in the Federal budget.
Right. Watch the already deteriorated infrastructure collapse, no money for science and health research, fed allocations to states slashed so state workers are furloughed again (remember that?) and state svcs not only cut to the bone (where some are already), but shut down completely, the National Guard -- eliminated, oh, and what about those wars? Or should we just hang a big "WELCOME" sign to jihadists, because we can no longer afford a military, except for defensive purposes at home? Are you volunteering to sell Congress on the idea of cutting its own pay and perks?

Yeah, that'll work. I thought April Fool's Day doesn't come around until April. Or did you decide to move it to Valentine's Day? lol Maybe not such a bad idea...
Rate this post positively Reply With Quote Quick reply to this message

 
Old 02-14-2017, 06:35 PM
 
Location: New Orleans, La. USA
6,241 posts, read 3,124,509 times
Reputation: 2459
Quote:
Originally Posted by Frank DeForrest View Post
So lets find ways to lower taxes for the staff.
Some can't stand to see people keep their own money.
Republicans practice supply side/trickle down economics, this is an economic principle where tax cuts are given to the very wealthy and large corporations. Examples,

The Bush tax cuts gave the 20% of American's making $36,000–59,000 a year 9% of the tax cuts, and then gave the richest 1% of Americans 51% of the tax cuts.
Bush Tax Cuts After 2002: June 2002 CTJ Analysis

Mitt Romney's proposed tax cuts would have given the wealthy and large corporations $6.6 trillion dollars in tax cuts and gave absolutely nothing to the middle class.
https://thinkprogress.org/romneys-ec...s-52314de0d724

And Donald Trump's tax cuts will raise the poorest 20% of Americans after-tax income by 0.8%, raise the middle classes after-tax income by 1.5%, and then raise the richest 1% of Americans after-tax income by 13.5% and raise the richest 0.1% of Americans after-tax income by 14.2%.
Forbes Welcome


Its impossible to talk about lowering taxes for the staff with republicans, because the staff does not get tax cuts with supply side economics (the staff only sometimes gets a couple of tax cut crumbs so republican politicians and republican news groups can say everyone got a tax cut.)

Last edited by chad3; 02-14-2017 at 06:53 PM..
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-14-2017, 06:43 PM
 
9,840 posts, read 3,738,957 times
Reputation: 7268
Quote:
Originally Posted by Fiddlehead View Post
Since the 1980s, it seems to me that we have seen a relentless series of tax cuts of various types, but especially for those at the top. Now that we are running a deficit, folks who want to balance the budget with some revenue options (back to, say, 1990s tax and spending levels) are considered socialists and communists. How can after 15 steps to the right 2 steps to the left be a socialist revolution?

My wife thinks it is pure political mud slinging (say the most outrageous thing you can get by with and hope it sticks). Is she right?
of course you are completely correct. There is no doubt that people in the USA pay lower taxes than the majority of developed nations. The facts are irrefutable.

and higher income means you pay vastly less. we pay very little because we are allowed by law to structure our monies and investments in such a fashion as to not have to pay much at all.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-14-2017, 07:20 PM
 
Location: Prepperland
14,893 posts, read 10,773,900 times
Reputation: 11486
Quote:
Originally Posted by Ruth4Truth View Post
Right. Watch the already deteriorated infrastructure collapse, no money for science and health research, fed allocations to states slashed so state workers are furloughed again (remember that?) and state svcs not only cut to the bone (where some are already), but shut down completely, the National Guard -- eliminated, oh, and what about those wars? Or should we just hang a big "WELCOME" sign to jihadists, because we can no longer afford a military, except for defensive purposes at home? Are you volunteering to sell Congress on the idea of cutting its own pay and perks?

Yeah, that'll work. I thought April Fool's Day doesn't come around until April. Or did you decide to move it to Valentine's Day? lol Maybe not such a bad idea...
Gee, the USA SURVIVED the Spanish-American War with a tax load of 0.09% of the GDP. (Compared to 20% today)
In 1910, AMERICA funded the Panama Canal. . . Had the world's largest rail network . . . Even supported professional sports - with matches scheduled during BUSINESS HOURS (!) Who were all those rich dudes sitting on the bleachers watching those games?

But today's aggregate tax load (local, state and federal) amounts to 44% of the GDP - - - a peon in Pharaoh's Egypt had a better deal (20% - one part in five).
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-14-2017, 11:30 PM
 
Location: New Orleans, La. USA
6,241 posts, read 3,124,509 times
Reputation: 2459
Quote:
Originally Posted by jetgraphics View Post
Gee, the USA SURVIVED the Spanish-American War with a tax load of 0.09% of the GDP. (Compared to 20% today)
In 1910, AMERICA funded the Panama Canal. . . Had the world's largest rail network . . . Even supported professional sports - with matches scheduled during BUSINESS HOURS (!) Who were all those rich dudes sitting on the bleachers watching those games?
In those days people were using horses as transportation and watching sports games during the day because sports stadiums did not have lights. But today we fly in airplanes and watch nighttime sporting events under lights on TV.

Modern day America's lifestyle requires (expensive) things like radar systems and satellites in space, and a modern government needs more tax revenues and citizens pay higher taxes to finance our modern infrastructure.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-16-2017, 06:19 AM
 
Location: Long Island
40,150 posts, read 16,618,814 times
Reputation: 9159
The issue with big government being evil began back in the 1980's with the tax cuts, of course that is when we also began record spending on the defense budget. Government is inefficient but it's necessary for civilization, food inspectors, roads, airports are all necessary for high standard of living. They really need to remove the tax cuts but instead of that they are proposing a larger reduction in taxes which will result in larger deficits, we are moving in the wrong direction.


One of my favorite cartoons, historical perspective on taxes:


http://www.cartoonistgroup.com/store/add.php?iid=31671
Rate this post positively Reply With Quote Quick reply to this message
 
Old 06-02-2017, 10:42 AM
 
19 posts, read 7,051 times
Reputation: 55
My opinion on the subject is that everyone is willing to take lower taxes but the moment you suggest higher one on them, they scream and fuss. And to be fair, taxes are, at a certain point, unethical, immoral, and theft. If you think about it, the government is just another business, that today, we have very little say in. This is an issue as they take our money and use it for their own ends which sometimes aligns with some or part of our goals.

So to answer you, I believe a limited progressive tax with tax shelters for those who know how to be financially responsible is best. By keeping it limited and allowing tax breaks/shelters, it forces the government to be thrifty and not go into deficits as well as cuts down the welfare state that has been allowed to foster. Furthermore, you can't have a bunch of entitled ***** screaming about free this and free that when there is no funding for it, can you?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 06-02-2017, 02:33 PM
 
Location: Florida
6,444 posts, read 3,880,782 times
Reputation: 12033
The tax cuts started with JFK back in the 60s.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 06-02-2017, 02:39 PM
 
Location: Madison, WI
5,234 posts, read 1,905,934 times
Reputation: 1186
I say no taxes at all, and we're far from that... but in any case, people are always free to donate more voluntarily if they really think the government will spend it well...
Rate this post positively Reply With Quote Quick reply to this message
 
Old 06-02-2017, 02:44 PM
 
Location: In The Thin Air
12,569 posts, read 8,900,084 times
Reputation: 9214
Quote:
Originally Posted by T0103E View Post
I say no taxes at all, and we're far from that... but in any case, people are always free to donate more voluntarily if they really think the government will spend it well...
How would a society function without taxes? I am just curious.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 11:45 PM.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top