73% support the "Buffett Rule"

[GenSeneca]

So someone makes 15,000 a year, with a kid...tax them ...23%?

23%? Where did you come up with that number? That seems excessive, I think somewhere around 15% would be more reasonable.

For what reason?

For the reasons I stated.

Also all the flat tax crap, is just that crap...If it really made it so the rich payed more...then they would be all against it..and thus, would never happen.

I guess your math skills are rusty...

15% of $10,000 is $1,500

15% of $1,000,000 is $150,000 (notice that this number is higher)

The "rich" would still pay more in terms of actual dollars but everyone would pay the same % of their income.

 

[Openmind]

23%? Where did you come up with that number? That seems excessive, I think somewhere around 15% would be more reasonable.


For the reasons I stated.



I guess your math skills are rusty...

15% of $10,000 is $1,500

15% of $1,000,000 is $150,000 (notice that this number is higher)

The "rich" would still pay more in terms of actual dollars but everyone would pay the same % of their income.

Do you REALLY think YOU could live on $8,500 a year?

Obviously, in your book, it should be just as normal and easy as on $850,000 a year, right?

Give me a break! Is that what you REALLY call fairness?

Tell you what, Let's say that the first $30,000 a year are taxed (for EVERYONE) at 0%, and any income over $30,000 a year is taxed for everyone at 20%.

I could ALMOST go for that. . .if for every dependent, there was an additional $3,000 a year deduction. Which means that a family with 4 children would pay no tax on their income below $42,000 a year, and then would be taxed at 20% over that amount.

 

[BigRob]

So, you think it is fair for a family of 4 making $22,000 a year to pay $2,200 in taxes, and be left (after working full time, sometime 2 jobs) with $19,800 to pay their housing, their food, their health care, their transportation, and . . .obviously, save to be able to send their kids to college, so they can have "equal opportunity" to become millionaires. ..

Can they not take out loans for college? They would qualify for all kinds of government assistance if that is what they were making. Plus, if two parents worked full time jobs at minimum wage, they would earn more money than this.

when another family of 4, making $22 millions a year pays $2.2 millions in tax, and is left to raise their kids, pay their mansion's mortgage, their Lexus and
their Mercedes, their Summer beach house, their health care (including cosmetic surgery!), their home designers, their jewelers, and their yachts with ONLY $19.8 MILLIONS?

Yep. . .I can see this is very fair: a family of 4 surviving on less than $20,000
a year, and a family of 4 surviving on less than $20 millions a year.

That's perfectly fair!!!!

What is fair is people keeping more of what they earned.

 

[Openmind]

Can they not take out loans for college? They would qualify for all kinds of government assistance if that is what they were making. Plus, if two parents worked full time jobs at minimum wage, they would earn more money than this.



What is fair is people keeping more of what they earned.

Hoarding anything, but especially money, while others do without necessities of life, and fall deeper and deeper in debts by no fault of their own, then pointing the finger at their "laziness" is hypocritical and totally unworthy of Christian or human values.

It is obvious that you didn't have to get loans or at least to pay them back!

ANd you think that children should just thrive in a family where BOTH parents are working full time to make a total of less than $30,000 year, with the cost of child care, and the deep costs of children growing with little guidance, little role models, little time to experience family life?

and I thought the GOP, and you in particular were great advocates of "family values!"

 

[GenSeneca]

Do you REALLY think YOU could live on $8,500 a year?

Considering all the government assistance programs that someone making $10k a year would qualify for, they could easily have $10-15k (or more) in benefits from government assistance programs bringing their total $20-25k per year. Yeah, I could live on that...

Is that what you REALLY call fairness?

Having every single taxpayer pay the same % of their income in taxes is a dictionary definition of fair.

Tell you what, Let's say that the first $30,000 a year are taxed (for EVERYONE) at 0%, and any income over $30,000 a year is taxed for everyone at 20%.

Why not set the base at $250,000 and the tax rate thereafter at 50%, or 60%, or 70%? Then only those evil rich people would have to pay any taxes and nobody in the middle or lower classes would have to be burdened with paying their "fair share" in income taxes.

 

[GenSeneca]

Hoarding anything, but especially money, while others do without necessities of life, and fall deeper and deeper in debts by no fault of their own, then pointing the finger at their "laziness" is hypocritical and totally unworthy of Christian or human values.

As an Atheist I'm not 100% up to speed on the bible but I'm pretty sure Jesus never told anyone to use force, threats, and coercion against one group of people in order to benefit another.

ANd you think that children should just thrive in a family where BOTH parents are working full time to make a total of less than $30,000 year, with the cost of child care, and the deep costs of children growing with little guidance, little role models, little time to experience family life?

Well clearly the only answer is to put a gun to the head of a "rich" person and force him to subsidize the lives of such families... Right?

 

[BigRob]

Hoarding anything, but especially money, while others do without necessities of life, and fall deeper and deeper in debts by no fault of their own, then pointing the finger at their "laziness" is hypocritical and totally unworthy of Christian or human values.

It is obvious that you didn't have to get loans or at least to pay them back!

I actually got a full scholarship to go to school (athletic), which is something I entirely earned.

Further, are you trying to tell me that it is not fair to ask someone to pay back money that they borrowed?

And I am interested in just what you think constitutes the "necessities of life". I imagine we can agree food is one, but what else exactly are you talking about here?

And frankly, if you don't want to take on debt, don't borrow money.

ANd you think that children should just thrive in a family where BOTH parents are working full time to make a total of less than $30,000 year, with the cost of child care, and the deep costs of children growing with little guidance, little role models, little time to experience family life?

and I thought the GOP, and you in particular were great advocates of "family
values!"

So is it a necessity of life to have a stay at home parent?

 

[dogtowner]

You would trust politicians to have a Constitutional Convention?

don't need one, just an ammendment

There is nothing to stop politicians from increasing the prebate to $30k per year... That way every American would have a guaranteed income of $30k. I'm sure if they asked the American people, an overwhelming majority would be in favor of raising the prebate to such a level, or even higher.

true but at least its transparent. and equal.

 

[dogtowner]

23%? Where did you come up with that number? That seems excessive, I think somewhere around 15% would be more reasonable.

23% gets you back to what we have today. you could dial back nonsense like earned income tax credit and lower it but thats not the way its currently proposed.

 

[dogtowner]

If we could really substitute the current taxes with a simple 23% sales tax, I'd be all for it. Would it really be on everything, though? On, real estate, medical care, services, everything? I think there would be a lot of cheating, but then, there's a lot of cheating now.

No question barter would boom.
For your questions best to seek them here: www.fairtax.org

 

[dogtowner]

Flat tax... Everyone pays the same %, it's still "Progressive" in the sense that the richer you are the more money you actually pay but every single person pays the exact same % of their income. That is the text book definition of FAIR.

one problem, underworld income is not reported nor is quite a lot of private contracted services (think that handyman as an example). Fairtax fixes that hole.

 

[dogtowner]

So, you think it is fair for a family of 4 making $22,000 a year to pay $2,200 in taxes, and be left (after working full time, sometime 2 jobs) with $19,800 to pay their housing, their food, their health care, their transportation, and . . .obviously, save to be able to send their kids to college, so they can have "equal opportunity" to become millionaires. ..

when another family of 4, making $22 millions a year pays $2.2 millions in tax, and is left to raise their kids, pay their mansion's mortgage, their Lexus and their Mercedes, their Summer beach house, their health care (including cosmetic surgery!), their home designers, their jewelers, and their yachts with ONLY $19.8 MILLIONS?

Yep. . .I can see this is very fair: a family of 4 surviving on less than $20,000 a year, and a family of 4 surviving on less than $20 millions a year.

That's perfectly fair!!!!

maybe its not such a good idea to have a family of four if your earning power can't accommodate it. what you are suggesting is that its not "fair" that some have more earning power than others. well thats just too bad but that will never change.

 

[dogtowner]

Well, thanks to Obama, at least workers with a smaller income benefitted more from the payroll tax breaks. . .because it means SO MUCH MORE in term of percentage of their income!
!

Bush instituted the 10% tax rate as the low end not Obama.

 

[dogtowner]

Hoarding anything, but especially money, while others do without necessities of life, and fall deeper and deeper in debts by no fault of their own, then pointing the finger at their "laziness" is hypocritical and totally unworthy of Christian or human values.

Only Scrooge McDuck hoards money. Actual wealthy people invest it, its just a matter of where and how.

ANd you think that children should just thrive in a family where BOTH parents are working full time to make a total of less than $30,000 year, with the cost of child care, and the deep costs of children growing with little guidance, little role models, little time to experience family life?

Do the parents not bear any responsibility in planning their family responsibly as their means permit ?

and I thought the GOP, and you in particular were great advocates of "family values!"

responsibility is a family value

 

[PLC1]

Considering all the government assistance programs that someone making $10k a year would qualify for, they could easily have $10-15k (or more) in benefits from government assistance programs bringing their total $20-25k per year. Yeah, I could live on that...

I thought you wanted to do away with all those handouts.