Joe Steel
Class Warrior
Here's my question, if we tax anybody at or near 100%, why in the world would they work?
Marginal tax rates already have been near that level and many were happy to work.
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Here's my question, if we tax anybody at or near 100%, why in the world would they work?
At least, no more taxes on income.
Instead, we raise the sales tax to 23%. That's it. Fair taxes for everybody. No nonsense, no loopholes.
And if you make the argument that "it's not fair for the poor to pay the same tax rate as the rich," they won't; because at the end of the day, rich people will always buy more things.
FairTax.org
Oh, and by the way. I'd like to introduce myself.
My name is Andrew, I'm 21, I enjoy long walks on the beach and talking politics. Lets discuss, shall we?
It would kill things like the used car business. Who would want to pay an extra 23%? Even today with our usual sales taxes many people go the private sale route, so they can fudge the sale price. That's a luxury a business wouldn't have, unless you also don't have an IRS, but then cheating would be rampant and revenues would totally collapse.
It wouldn't be an extra 23%.
First of all, we're already paying a sales tax. It would just be higher. And secondly, all income taxes would be eliminated. So you'd have a lot more money in your pocket, and the higher sales tax would even out.
Utter nonsense. Check the record.
Brilliant retort. The logic, the reason...the specificity. Impressive.
Utter nonsense. Check the record.
Brilliant retort. The logic, the reason...the specificity. Impressive.
Thanks. It reflects the reality of the 21st century. All the data in the world is no farther away than a few keystrokes. Ask Google and ye shall receive.
At least, no more taxes on income.
Instead, we raise the sales tax to 23%. That's it. Fair taxes for everybody. No nonsense, no loopholes.
And if you make the argument that "it's not fair for the poor to pay the same tax rate as the rich," they won't; because at the end of the day, rich people will always buy more things.
FairTax.org
Oh, and by the way. I'd like to introduce myself.
My name is Andrew, I'm 21, I enjoy long walks on the beach and talking politics. Lets discuss, shall we?
It is the most regressive tax their is.
The only truly fair tax is a steeply progressive income tax. It should protect the poor and most of the middle class from any tax and tax the highest income at near 100%.
Here's my question, if we tax anybody at or near 100%, why in the world would they work?
Marginal tax rates already have been near that level and many were happy to work.
Here's my question, if we tax anybody at or near 100%, why in the world would they work?
Marginal tax rates already have been near that level and many were happy to work.
I can't even begin to comprehend your train of thought.
If someone earning $1,000,000 is forced to pay $940,000 in taxes, HOW can you possibly tell me that is a fair policy? You're telling me they should live like the regular Joe next door making 60k a year?[/B]
Marginal tax rates already have been near that level and many were happy to work.
I can't even begin to comprehend your train of thought.
If someone earning $1,000,000 is forced to pay $940,000 in taxes, HOW can you possibly tell me that is a fair policy? You're telling me they should live like the regular Joe next door making 60k a year?[/B]
It's the MARGINAL tax rate. No one would be paying that much on the full amount. Not that I'm saying I want to see that rate, but it would be 94% above a certain amount.
He's too much of a coward to go loot his neighbors face-to-face.Mr. Joe Steel is apparently in favor of the top earners being taxed 94%.
At least, no more taxes on income.
Instead, we raise the sales tax to 23%. That's it. Fair taxes for everybody. No nonsense, no loopholes.
And if you make the argument that "it's not fair for the poor to pay the same tax rate as the rich," they won't; because at the end of the day, rich people will always buy more things.
FairTax.org
Oh, and by the way. I'd like to introduce myself.
My name is Andrew, I'm 21, I enjoy long walks on the beach and talking politics. Lets discuss, shall we?
so middle income and poor people, who generally spend most, if not all, of what they earn in order to survive, should pay a 25% tax rate...
while rich people who save more than they spend should pay disproportionately less?
you don't know much about taxes and economics, do you?
He's too much of a coward to go loot his neighbors face-to-face.Mr. Joe Steel is apparently in favor of the top earners being taxed 94%.
Sorry, your "if gubmint doesn't do it nobody would" straw dog don't hunt, Bubba.
Regardless, the interstate highways are a national system that was entirely built on a state and local level, by private contractors...And the "crumbling infrastructure" straw man argument has become tired, to the point of being yet another trite cliché that ranks right up there with "tax cuts for the wealthy" on the gag-me-with-a-spoon-o-meter....And, speaking of tired clichés, what long-winded lolberal rant would be complete without the old 1%-er rejoinder?
It's high time you lolberals came up with some new material.