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.
I think you need to direct your anger at those who enable them. If you don't like the loopholes and tax breaks they get, blame our elected reps. Only a fool pays a penny more in taxes than they have too.
And only a fool believes and votes for a politician that runs on taking more money from the American people.
If we ever believed for a second that "all men are created equal" and were willing to demonstrate that in action I would say it was about time for a flat tax. Everybody pays the same percentage.
The only way to effectively tax the big money is via transaction tax, not
an income-based system which has a thousand loopholes. If you want to
hit the big money, slap on a .0005% transaction tax on Wall Street and
interbank transactions. Have it be amount-based, to avoid hurting the
little guy. Automatic. No filing, no escape.
This won't be done, and isn't even being mentioned.
Gee, I "wonder why" ?
The only way to effectively tax the big money is via transaction tax, not
an income-based system which has a thousand loopholes. If you want to
hit the big money, slap on a .0005% transaction tax on Wall Street and
interbank transactions. Have it be amount-based, to avoid hurting the
little guy. Automatic. No filing, no escape.
This won't be done, and isn't even being mentioned.
Gee, I "wonder why" ?
Too late Obama already hurt the little guy. And does anyone really believe big money would agree to higher taxes. People are so naive.
Raising taxes on the wealthiest Americans to the same percentage I, as a middle class citizen, am paying improves my personal economy because it means I get higher quality schools, defense and social services. If I'm paying into Social Security, I might as well receive the benefit of it when I'm old, right? That's not going to happen until the 1 percent start paying the same rate I'm paying. Why should I, who makes significantly less than them, give up a greater percentage of my income?
That's not responsive at all to the question.
The question was: "How does increasing taxes improve the economy?"
The response is not "I want government to give me things".
If I invest that $1000...and put it to work for me.....and the rest of the country....you want to tax what I gain from at the same rate????
I will just leave it in my pocket.....
That is not good for anyone.
BTW....show me where "economic class" is on any tax form.
I do want to tax it because if you put $1000 to work for you in any other way, it still gets taxed... it shouldn't matter how you put it to work... even if you leave it in your pocket, eventually it will be taxed... whether you spend it, invest it, or let inflation eat it, should not matter, it will still benefit the country...
I do want to tax it because if you put $1000 to work for you in any other way, it still gets taxed... it shouldn't matter how you put it to work... even if you leave it in your pocket, eventually it will be taxed... whether you spend it, invest it, or let inflation eat it, should not matter, it will still benefit the country...
but your way the owner of the $1000.00 gets nothing of value in return. It only goes to politicians to spend to keep the people poor and obeying them. You are buying into rhetoric thinking you will get a piece of it and you are very wrong. The poor will still be poor and there will be many more of them. And the rich will be uber rich. The middle class will be a thing of the past.
The only way to effectively tax the big money is via transaction tax, not
an income-based system which has a thousand loopholes. If you want to
hit the big money, slap on a .0005% transaction tax on Wall Street and
interbank transactions. Have it be amount-based, to avoid hurting the
little guy. Automatic. No filing, no escape.
This won't be done, and isn't even being mentioned.
Gee, I "wonder why" ?
Because the poor have no freaking clue about finance, economy and taxation.
Because the poor have no freaking clue about finance, economy and taxation.
That is why some are poor.
They will spend hours worrying about any advantage they think others might have...rather than making something work for them.
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.
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.
