How about a flat 10% income tax?

Discussion in 'Politics' started by ihopehefails, Feb 8, 2010.

  1. ihopehefails
    Offline

    ihopehefails BANNED

    Joined:
    Oct 3, 2009
    Messages:
    3,384
    Thanks Received:
    228
    Trophy Points:
    0
    Ratings:
    +228
    How about a flat 10% income tax with a SINGLE DEDUCTION of $85,000? This way it is not complicated and the vary poorest don't have to pay them.
     
  2. MIPS
    Offline

    MIPS Active Member

    Joined:
    Jan 15, 2010
    Messages:
    963
    Thanks Received:
    156
    Trophy Points:
    28
    Ratings:
    +156
    How about just eliminating the federal individual income tax altogether?
     
  3. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    The income tax started out that way, but politicians started jimmying it to reward or punish certain behaviors and favored/unfavored constituencies.

    We're better off with no tax on incomes and the feds controlling their spending instead.
     
    • Thank You! Thank You! x 1
  4. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    What a bunch of diaper sludge.
     
  5. DiamondDave
    Offline

    DiamondDave Army Vet

    Joined:
    Jun 30, 2008
    Messages:
    18,169
    Thanks Received:
    2,812
    Trophy Points:
    183
    Location:
    MD, on the Potomac River
    Ratings:
    +2,816
    I am all for an equal burden flat % tax on every dollar earned by every US citizen...

    But it must be coupled with regulations that eliminate the ability of the government to run in a deficit unless of emergency... AKA reducing government entitlement spending
     
  6. Joe Steel
    Offline

    Joe Steel Class Warrior

    Joined:
    Dec 11, 2009
    Messages:
    1,052
    Thanks Received:
    96
    Trophy Points:
    83
    Location:
    St. Louis, MO
    Ratings:
    +119
    We need a steeply progressive income tax with a maximum rate of over 90%. We also should consider taxing income from different sources at different rates. Those who perform vital services wouldn't pay as much as those who don't.
     
  7. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    back in 1962 the top tax rate was 91%
     
  8. DiamondDave
    Offline

    DiamondDave Army Vet

    Joined:
    Jun 30, 2008
    Messages:
    18,169
    Thanks Received:
    2,812
    Trophy Points:
    183
    Location:
    MD, on the Potomac River
    Ratings:
    +2,816

    And another left winger shows the support of selective equality... only true equality when it benefits them, punishment systems to make treatment unequal to ensure all else benefits them

    What we need is euqal protection and treatment under government and under the law.... not some Robin Hood inspired system
     
  9. Joe Steel
    Offline

    Joe Steel Class Warrior

    Joined:
    Dec 11, 2009
    Messages:
    1,052
    Thanks Received:
    96
    Trophy Points:
    83
    Location:
    St. Louis, MO
    Ratings:
    +119
    Progressive income taxes equalize the burden of taxation. Flat rates don't.
     
  10. rightwinger
    Offline

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,262
    Thanks Received:
    19,822
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,337
    I'd agree with a flat tax if it taxes EVERY DOLLAR. No deductions, no deferrals, no write-offs
    Make the rich pay taxes on all their income and they will scream to return to the old tax code
     

Share This Page