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.
You are correct. The Child Tax Credit and the EITC are both redistributive. The only fair way to apply taxes is a uniform tax of the same dollar amount for every person.
Wouldn't that make it impossible to raise enough revenue to function as a sovereign nation?
Because how would you collect a flat $1,000 tax from someone with zero (or $999) income, let alone the $10,000 flat tax needed to fund a $3T budget?
State money comes from the people. And states that don't collect enough money from the people but get supplemented by the federal are TAKERS. States that pay more money (FROM THE PEOPLE) to the federal but receive less in benefits are GIVERS. That is definitely redistribution via taxes.
A you can keep some of your money previously seized from you.
And if you do several rounds of this - Bush Tax Cuts plus Trump Tax Cuts plus, say, two more rounds of GOP tax cuts, you just might end up with A paying 4% and B paying 0%.
THEN what do you say to A? Still no redistribution?
It only redistributes money to those who pay no effective federal income taxes and then receive an actual check from the IRS due to the child credits. I oppose anyone receiving a “refund” that paid nothing to begin with.
And let's cut all that Disability magically going to West Virginia, Kentucky, Mississippi, Arkansas and Alabama. Those are the top five states receiving it and that is a federal benefit. Did those states pay for that? NO. Blue states are paying for that. Absolutely that's redistribution.
When you change the ratios of taxes paid so that one group gains and another loses or does not gain at the same level you are redistributing wealth. That is what occurred when the current tax bill was passed and signed by the President.
People keeping more of the money they earned isn't redistributing wealth. The tax code was already redistributing peoples wealth by having some paying a higher ratio than others and some paying less than nothing.
And if you do several rounds of this - Bush Tax Cuts plus Trump Tax Cuts plus, say, two more rounds of GOP tax cuts, you just might end up with A paying 4% and B paying 0%.
THEN what do you say to A? Still no redistribution?
We will unfortunately never have that problem.
We still tax too much, even with these cuts.
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.
