Increasing Tax Revenue

Discussion in 'Politics' started by Powerman, Aug 6, 2005.

  1. Powerman
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    Powerman Active Member

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    Like it or not folks sooner or later our taxes are going to go up. Govt. is spending too much money and we're going to pay for it down the road.

    But there are some things we could do to increase tax revenue that wouldn't hurt the working folks as much.

    Step1: In an earlier thread I proposed that we should legalize drugs and prostitution. At the very least marijuana should be legalized because it is less harmful than alcohol. So you tax the shit out of these and now you're getting somewhere. Also much of our tax dollars is spent keeping drug trafficers in jail and getting them there in the first place. It's a waste of resources. As long as there are idiots there will be people that do drugs. The demand doesn't lessen by making it illegal to do so, so we might as well get something out of these people while we can. Legalizing drugs would also lead to a reduction in violent crime once again saving us money. There is a lot of money to be made here.

    Step 2 : Tax churches. There is no reason they should have tax exempt status. There is a ton of money here as well.

    The money has to come from somewhere folks and I'd rather the lowlifes and the bible beaters pick up the tab instead of the working man. That's just my take on it.
     
  2. insein
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    insein Senior Member

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    Lower tax rate ALWAYS equals more taxes coming in. Because there are more people paying in when the taxes are lower due to more highering by small business'. Also the incentive for higher income Americans to avoid off shore income loopholes to avoid paying taxes is increased because they dont lose as much money when the tax rates are low.

    Here's a generalized summary of the biggest tax cuts of the last century.

    http://www.heritage.org/Research/Taxes/wm327.cfm

    And now Bush' tax cuts have increased tax revenues by 15% this year.

    http://taxes.about.com/b/a/185334.htm

    So it seems to me that we are increasing tax revenue without increasing tax rates. Why do you propose "taxing the shit" out of anything in this country. If anything there should be way less taxes on products so consumer's would consume more. This then would increase the products being bought and further drive up tax revenues. Economics 101. People have a set limit for which they can buy, higher, sell an item in order to make a profit. If unneccasarily high taxes cause their price to go up even higher than expected, less people will buy, higher, sell thus decreasing the number of transactions that can be taxed.

    Put it this way. So the government is an electronic store. You want to bring in as much revenue as possible. So you think sell the highest end items all the time. However you can only sell so many Plasma tv's because only so many will be able to afford it. Is it better to sell 40 plasma tv's at $10,000 for which only a few people can afford or sell 1000, 32 inch tv's at $500 for which a majority can afford? More people buy in at a lower price. Same works for taxes.
     
  3. fuzzykitten99
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    fuzzykitten99 Senior Member

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    but in liberal's minds, the wealthy people can afford the $10k tv's so the 'store' should sell more of those tv's than the ones that are cheaper.

    what i don't understand is if all i can expect from becoming financially independent, or in liberals minds, wealthy, is higher taxes, basically i am being punished for being sucessful. So where's the incentive to get to where i really want to be?
     
  4. William Joyce
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    William Joyce Chemotherapy for PC

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    How about cutting spending instead?
     
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  5. rtwngAvngr
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    THis is who powerman is. Y'all. Calls for fiscal conservatism to justiy raising taxes, as if that's the only way to increase revenue. He's a deceiver.
     
  6. Powerman
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    Powerman Active Member

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    No. I'm looking to find alternative avenues to increase tax revenue so that we don't have to put it on the backs of decent hard working americans.

    If you legalize weed and tax the shit out of it you start to make up some of your losses. Same with prostitution. You're making money off of crime instead of losing money off of it. It's genius if you ask me.

    Looks like William Joyce is consistent though. Let's cut spending. But I see the writing on the wall. I have no confidence in our govt when it comes to cutting spedning. Do you think that they actually will cut spending? Of course not. So if we don't find alternative tax revenue solutions YOU will be paying out the ass for it soon.
     
  7. rtwngAvngr
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    rtwngAvngr Guest

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    no. You're peddling defeatism, and unsound fiscal policy.
    We should make tax cuts permanent and never raise them. We should FORCE spending cuts by making tax cuts ILLEGAL. You're a fake.
     
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  8. Powerman
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    Powerman Active Member

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    What fantasy world do you live in? They will never do that. Bush will never do that. They're all big spending fiscal liberals.
     
  9. insein
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    insein Senior Member

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    Thats how you do it. Force the congressmen to find other ways to spend within a budget. There is no budget with them. Sports teams have a salary cap. They cant spend over it because thats all the money they have to play with to get the players they need. Therefore they have to create ways to get what they need at the bdget they have. Businesses do it everyday. They dont have an endless money supply so they have to get what they need done within certain amount of money they have. They cant cimply raise the costs of their goods because they want to do some more extravagant and costly thing. People wouldnt buy their product and they would go out of business.

    Government would have gone out of business years ago if it wasnt for their endless supply of money (taxes) that they can raise on a whim to pay for bullshit. Force them to spend within a REAL budget and then watch all the BS programs go the way of the dodo.
     
  10. insein
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    Great attitude. Give up now and let the politicians win. They are OUR representitives. The moment we let them forget that is the moment they seize real power. They already spend like drunken sailors. Imagine if they didnt care about getting relelected every 2 to 6 years.
     

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