Let's suppose, shall we...

Discussion in 'Politics' started by Wry Catcher, Nov 27, 2009.

  1. Wry Catcher
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    Wry Catcher Platinum Member

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    That the income tax was reformed and we could all keep 90% of our income. 10% would be the maximum tax to any individual and provide for the entire cost of federal governance.
    And, let's suppose, that the 'death tax' was eliminated, and that all of the wealth from one generation could be passed down to the next without tax liability.
    What would be the result?
     
  2. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    People would be a lot better off. But people would be even better off if they could keep 100% of their income.
     
  3. Wry Catcher
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    Wry Catcher Platinum Member

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    Really, so all income should be free of any tax, and all wealth earned should be passed on to the next generation? That is a society in which you would like to reside?
     
  4. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    No, income should not be taxed, and why shouldn't I be allowed to leave my property to whomever I want to without government interference when I pass?
     
  5. kyzr
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    kyzr Gold Member

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    Here is what taxes are paying for:
    2009 United States federal budget - Wikipedia, the free encyclopedia

    I can see cutting back the military and telling the EU their free ride is over. They can defend themselves going forward. Similarly, we need to make SS & Medicare solvent. Those are benefits that were earned and are owed. Cut taxes after showing the budget is balanced.
     
  6. ABikerSailor
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    ABikerSailor Platinum Member

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    You DO realize that the reason for the taxes is so that there is infrastructure, the government (supposedly) does things for the betterment of the country.

    If you don't want to pay taxes, build your own fucking roads, stay off the taxpayers.

    And........if it was 10 percent straight off the top? We'd have enough money to pay for health care, rebuilding the infrastructure, etc.

    The reason that the rich bitch so much about taxes? They don't want their loopholes closed so that they have to pay like the rest of us.
     
  7. SFC Ollie
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    SFC Ollie Still Marching

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    Could do away with the Department of Energy, Their job was to make us non dependent on Foreign oil. FAIL.....
     
  8. Wry Catcher
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    Wry Catcher Platinum Member

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    I don't know Kevin, I simply asked you to consider the consequences. I'm well off, but my estate will not allow my two son's to live the life of William Kristol, or any of the Busk kids, or the Wal-Mart heirs. Your 'kind' speaks of personal responsibility, I'm simply trying to understand what this means.
     
  9. Wry Catcher
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    Wry Catcher Platinum Member

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    We disagree on every issue thus far, but I see a glimmer of hope. I'm retired at GS 15, but I recognize I'm lucky (lucky in the sense that I looked ahead) and want to see every American who works hard receive the same benefits which I do.
    Do we agree?
     
  10. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    How about if you don't like what I have to say you start your own threads and stay out of the ones I'm in?
     

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