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Old 06-02-2017, 02:54 PM
 
Location: Madison, WI
5,234 posts, read 1,906,674 times
Reputation: 1186

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Quote:
Originally Posted by Timmyy View Post
How would a society function without taxes? I am just curious.
The short answer is that people don't need to be forced to pay for things they already want, so if they want, they'll pay by choice. If they don't want it that badly, they don't get it, or they have to convince people to fund their cause rather than forcing them by way of the state.

Long answer...there's a lot of stuff on the topic. Rothbard is a good start.
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Old 06-02-2017, 05:34 PM
 
778 posts, read 271,862 times
Reputation: 366
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?



Those who pay the taxes are the most likely to get tax cuts.



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Old 06-02-2017, 05:38 PM
 
Location: Northern Maine
5,471 posts, read 2,082,210 times
Reputation: 8011
Quote:
Originally Posted by Ruth4Truth View Post
many are paying less federal tax than their own staff.
You've been getting your business education from socialist commentators who have never run a business.
Thats fake news 101.

The top earners pay 30% of the taxes in most states.

CT has seen a recent exodus of their top tax payers due to their raising tax rates (again) on the wealthy.
This is in the news, google it, educate yourself.
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Old 06-02-2017, 05:52 PM
 
9,840 posts, read 3,739,954 times
Reputation: 7268
Quote:
Originally Posted by lifelongMOgal View Post
15 steps to the right? On what planet?

Try taking a look at the number of new government regulations since the 1990s that affect every aspect of our daily lives and get back to me.

Try looking at how many of our Constitutional rights have been infringed upon since the 1990s and get back to me.

Try looking at how much of society fails to pay income taxes compared to 1990 and get back to me.

Try looking at how many Americans have been added to the welfare and foodstamp rolls since 1990 and get back to me.
i will go point by point for you.

1 regulation is not a right or left thing! WOW are you shocked to know that? Regs can be left can be right. the number of them has nothing to do with anything. i think you have simply been bamboozled by trump.


2 constitutional rights are NOT Left or Right. A communist gov could trample them and an extreme rightwing gov could too... see how that works???

3 income tax. again what are you talking about? the number of poeple paying taxes merely reflects enforcement and policy.


4 foodstamps... well now you are getting somewhere. But RIGHTWING govs also provide support for the poor, so we will have to look at what the problem is there...

according to you there are "more" people getting food stamps, welfare etc. answer NOPE. about the same since the 1990s. just a lot more whining from the right.

we spent about 9% of GDP in the early 1987 and spend about 12-13 now.

if you don't use a logarithmic scale and if you don't adjust for inflation and if you measure just dollars, it sounds awful.
but if you measure it like an adult we are spending about 50% more in real terms than we spend some 40 years ago.... and that is not bad

the fact is people have higher expectations from life. Once just eating was considered enough, now most people feel that those in poverty should have a tiny bit of quality to life, not just stay alive.
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Old 06-02-2017, 05:57 PM
 
9,840 posts, read 3,739,954 times
Reputation: 7268
Quote:
Originally Posted by T-310 View Post
Taxes haven't been cut enough..

Let the politicians take a pay cut and disband NATO and the UN. Get rid of half the deficit that way. As long as the savings aren't used for entitlements.
no offense mate but either you don't have any money or you need to hire a better accountant . Taxation in the USA is structured to make it easy for the top 5 to 10 percent to pay very little tax indeed.

if you are earning a lot or/and have a high net worth, you should be paying very little , if you are not you are doing it wrong. My guy finds stuff i would have never dreamed of, he structures me decades forward and picks up the phone when things change. He is not taking new customers right now so sorry but ask around and get yourself someone.
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Old 06-02-2017, 06:01 PM
 
Location: In The Thin Air
12,569 posts, read 8,902,146 times
Reputation: 9214
Quote:
Originally Posted by evilcart View Post
no offense mate but either you don't have any money or you need to hire a better accountant . Taxation in the USA is structured to make it easy for the top 5 to 10 percent to pay very little tax indeed.

if you are earning a lot or/and have a high net worth, you should be paying very little , if you are not you are doing it wrong. My guy finds stuff i would have never dreamed of, he structures me decades forward and picks up the phone when things change. He is not taking new customers right now so sorry but ask around and get yourself someone.
T-310 complains about the left but he also makes it sound like he shouldn't pay for anything.
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Old 08-14-2017, 06:33 PM
 
Location: plano
7,250 posts, read 8,957,669 times
Reputation: 6871
Countries are in competition for jobs, economic success among safety and heath and welfare for citizens. Our corp tax rate is higher than out competition so jobs left.

We throw money at schools more than our competition yetget a poor outcome. We throw money at healthcare and get s lower outcome than many. So we throw money at out fed gov and only get this?....."

I'm for freedom for us to decide more about where our money goes not those establishment fats cats in D.C. Every business I worked head to learn how to do more with less yet our governments think they are immune from getting fat and bureaucratic? I don't buy it. Cut taxes but don't tell me we are ripping the heart out of anything if we pay more for less good outcome than our competition.
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Old 12-16-2017, 06:31 PM
 
Location: Florida
7,410 posts, read 3,470,267 times
Reputation: 8956
Quote:
Originally Posted by evilcart View Post
no offense mate but either you don't have any money or you need to hire a better accountant . Taxation in the USA is structured to make it easy for the top 5 to 10 percent to pay very little tax indeed.

if you are earning a lot or/and have a high net worth, you should be paying very little , if you are not you are doing it wrong. My guy finds stuff i would have never dreamed of, he structures me decades forward and picks up the phone when things change. He is not taking new customers right now so sorry but ask around and get yourself someone.
I never understood this from people who complain about taxes being too high. Like you said fire your accountant if you are actually paying 39% !
Nobody I know who is wealthy actually pays that!
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Old 12-16-2017, 06:36 PM
 
57,272 posts, read 45,352,912 times
Reputation: 35632
Quote:
Originally Posted by Fiddlehead View Post
Now that we are running a deficit
Now?

You must have just woken up from one heckuva nap there.....
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Old 04-08-2019, 09:37 AM
 
2,884 posts, read 2,678,795 times
Reputation: 3570
Quote:
Originally Posted by Fiddlehead View Post
Well, my look at it suggests it was higher then, for all classes of society. And we balanced the budget and we did not descend into socialist dictatorship. Going back to those levels, with some intelligent, bipartisan cutting would probably balance the budget again. The Bush presidency kicked in unsustainably low tax rates, along with a huge ramp up in spending. A disaster ensued. The chart does not include Obama-it stops at 2007, but I suspect he maintained the same disastrous tax rates. But if Obama tried to actually balance the budget by dumping those tax cuts, he would be called a socialist. Just ridiculous.

What is your point?
The Bush tax rates are only unsustainably low if you think it is the role of government to have people suck off its teet from conception to funeral (edit: I earlier had birth to death, but that really doesn't cover everything).

And you are right, if he got rid of tax cuts to those who pay more than their fair share to fund programs for people who don't contribute as much, he would be called a socialist. I also call the sky blue and the grass green. Not really sure I see your point on that one.
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