The Fairest manner to Tax Americans.

[Sallow]

a Pure flat tax on ALL personal income with no deductions is the fairest tax.
You make $10 you pay X%
you make 10 MIllion you pay the same X%

That's how the income tax started out originally.

Problem with the whole concept of direct taxes on personal production is that posturing do-gooder politicians like to tinker with the system, to reward "proper" behavior and punish the "improper".

The only flat and fair tax on personal earnings is no tax.

Actually...you may be starting to make sense. No Tax..no military. No military..no military adventurism. No adventurism..lots of deaths averted.

Not bad.

 

[shintao]

I'd like to make you a business offer.

Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment...

Here's the deal. You're going to start a business or expand the one you've got now. It doesn't really matter what you do or what you're going to do.



I'll partner with you no matter what business you're in - as long as it's legal.



But I can't give you any capital - you have to come up with that on your own. I won't give you any labor - that's definitely up to you. What I will do, however, is demand you follow all sorts of rules about what products and services you can offer, how much (and how often) you pay your employees, and where and when you're allowed to operate your business. That's my role in the affair: to tell you what to do.

Now in return for my rules, I'm going to take roughly half of whatever you make in the business each year. Half seems fair, doesn't it? I think so. Of course, that's half of your profits.

You're also going to have to pay me about 12% of whatever we decide to pay your employees because you've got to cover my expenses for promulgating all of the rules about whom you can employ, when, where, and how. Come on,
you're my partner. It's only "fair."

Now... after you've put your hard-earned savings at risk to start this business, and after you've worked hard at it for a few decades (paying me my 50% or a bit more along the way each year), you might decide you'd like to
cash out - to finally live the good life.

Whether or not this is "fair" - some people never can afford to retire - is a different argument. As your partner, I'm happy for you to sell whenever you'd like... because our agreement says, if you sell, you have to pay me an additional 20% of whatever the capitalized value of the business is at that time.

I know... I know... you put up all the original capital. You took all the risks. You put in all of the labor. That's all true. But I've done my part, too. I've collected 50% of the profits each year. And I've always come up with more rules for you to follow each year. Therefore, I deserve another, final 20% slice of the business.

Oh... and one more thing...



Even after you've sold the business and paid all of my fees... I'd recommend buying lots of life insurance. You see, even after you've been retired for years, when you die, you'll have to pay me 50% of whatever your estate is
worth.

After all, I've got lots of partners and not all of them are as successful as you and your family. We don't think it's "fair" for your kids to have such a big advantage. But if you buy enough life insurance, you can finance
this expense for your children.

All in all, if you're a very successful entrepreneur... if you're one of the rare, lucky, and hard-working people who can create a new company, employ lots of people, and satisfy the public... you'll end up paying me more than 75% of your income over your life. Thanks so much.

I'm sure you'll think my offer is reasonable and happily partner with me... but it doesn't really matter how you feel about it because if you ever try to stiff me - or cheat me on any of my fees or rules - I'll break down your door in the middle of the night, threaten you and your family with heavy, automatic weapons, and throw you in jail.

That's how civil society is supposed to work, right? This is America, isn't it?

That sounds accurate alright. As we both know money is power, and who has the power also has the money. So you have decide if you have the power or if you are going to turn your power over to someone who doesn't know you and tell him to use your money in your best interests. He doesn't even want to know you so he hired a guy to come to home and take your money at the point of a gun. That is the middleman that insures the representative has the power with your money.

So you have to make up your mind who is going to have the power. If you want to take your government into your own hands, you will appreciate this one page of my blog.

All Volunteer Government Party (AVGP)

 

[Mr.Fitnah]

People in general do not like paying taxes, and they always have certain items that they rally around to support or not support. And they cry, get angry, and frustrated when required to pay taxes for these items.

So I think we could come up with a fairer way to tax Americans, by letting them donate to whatever causes they wish to, and not donate to ones they dislike. And if there are not enough people to donate to a cause, it doesn't get funded. And if you don't want to donate at all, you don't have to.

Now is that fair to everybody, or have we some whiners here?

We would not vote to get what we now have.

Americans For Fair Taxation: Americans For Fair Taxation

 

[DiamondDave]

First, The US Tax Code needs to be gutted. The IRS shrunk to a bare minimum of people needed to enforce tax law which should be also reduced.
Next, the US Constitution needs to be amended. That Amendment should require the federal budget to be a balanced budget each Fiscal year.
Finally. There should be a flat tax...15% of every dollar over the first $35,000 for individuals and $45,000 for married or unmarried head of household....
All deductions and write offs....GONE......
Capital gains?..15%. Inheritance..15%. stock or bond income.....15%. Gambling winnings....15% Lottery..15%...Sell your home/property.... 15% of the value of the equity in the home .Easy...
Social Security......5% of every dollar earned with no ceiling. Each dollar paid in goes to a private account to be drawn from by the contributor or designate.
All gratuity wages...15%.....Employers responsible to insure employees comply.

I completely disagree with this, as it is not equal taxation. And the only way All Americans can pay taxes equally and fairly, is to set it at the poverty level and that is what all Amerians pay, or make taxation voluntary.

And adding your subjectivity of 'fair' again

I suppose the sales tax rate, being equal on every citizen on every dollar spent, is also 'unfair'

 

[Dont Taz Me Bro]

a Pure flat tax on ALL personal income with no deductions is the fairest tax.
You make $10 you pay X%
you make 10 MIllion you pay the same X%

That would be infinitely better than the current behemoth that's been created, but personally, I'd rather see a flat consumption tax than an income tax.

 

[Oddball]

a Pure flat tax on ALL personal income with no deductions is the fairest tax.
You make $10 you pay X%
you make 10 MIllion you pay the same X%

That's how the income tax started out originally.

Problem with the whole concept of direct taxes on personal production is that posturing do-gooder politicians like to tinker with the system, to reward "proper" behavior and punish the "improper".

The only flat and fair tax on personal earnings is no tax.

Actually...you may be starting to make sense. No Tax..no military. No military..no military adventurism. No adventurism..lots of deaths averted.

Not bad.

Good job of blundering into a massive indictment of one of the biggest progressive heroes of all: Woodrow Wilson.

Prior to 1913, America had both a relatively strong stay-at-home military and no tax on personal earnings.

After 1913...WWI, WWII, Korea, Vietnam, Bay of Pigs, uncounted covert ops in the Caribbean, Central and South America, Lebanon, Kuwait, Iraq/Afghanistan/Iran.....

Hmmm...

 

[uscitizen]

a Pure flat tax on ALL personal income with no deductions is the fairest tax.
You make $10 you pay X%
you make 10 MIllion you pay the same X%

That's how the income tax started out originally.

Problem with the whole concept of direct taxes on personal production is that posturing do-gooder politicians like to tinker with the system, to reward "proper" behavior and punish the "improper".

The only flat and fair tax on personal earnings is no tax.

Actually...you may be starting to make sense. No Tax..no military. No military..no military adventurism. No adventurism..lots of deaths averted.

Not bad.

We would have a coffin and gravesite shortage in America.
No medicare/medicaid? 500K min deaths the first year with no healthcare for the elderly or poor.

Terrorists would love it here as well.

Talk about the medical industry going bankrupt.
Nursing homes closing.

 

[Oddball]

a Pure flat tax on ALL personal income with no deductions is the fairest tax.
You make $10 you pay X%
you make 10 MIllion you pay the same X%

That's how the income tax started out originally.

Problem with the whole concept of direct taxes on personal production is that posturing do-gooder politicians like to tinker with the system, to reward "proper" behavior and punish the "improper".

The only flat and fair tax on personal earnings is no tax.

You would not like this place at all with no personal income tax.

All that statement proves is that you don't know shit about what I do or don't like.

 

[boedicca]

Funny how that worked out. After the advent of the Federal Reserve and the Income Tax - war after war and hyper acceleration of the inflationary bubble and bust cycles.

 

[Oddball]

We would have a coffin and gravesite shortage in America.
No medicare/medicaid? 500K min deaths the first year with no healthcare for the elderly or poor.

Terrorists would love it here as well.

Right...Because if gubmint doesn't do it, it won't happen at all.

Fool.

 

[uscitizen]

That's how the income tax started out originally.

Problem with the whole concept of direct taxes on personal production is that posturing do-gooder politicians like to tinker with the system, to reward "proper" behavior and punish the "improper".

The only flat and fair tax on personal earnings is no tax.

You would not like this place at all with no personal income tax.

All that statement proves is that you don't know shit about what I do or don't like.

If you like hunger, death, destruction and chaos you would love it.

 

[Oddball]

Funny how that worked out. After the advent of the Federal Reserve and the Income Tax - war after war and hyper acceleration of the inflationary bubble and bust cycles.

Gee...It's as if them "founding father" dudes were, like, fortune tellers!

 

[boedicca]

That's how the income tax started out originally.

Problem with the whole concept of direct taxes on personal production is that posturing do-gooder politicians like to tinker with the system, to reward "proper" behavior and punish the "improper".

The only flat and fair tax on personal earnings is no tax.

Actually...you may be starting to make sense. No Tax..no military. No military..no military adventurism. No adventurism..lots of deaths averted.

Not bad.

We would have a coffin and gravesite shortage in America.
No medicare/medicaid? 500K min deaths the first year with no healthcare for the elderly or poor.

Terrorists would love it here as well.

Talk about the medical industry going bankrupt.
Nursing homes closing.

Utter nonsense. If the Government didn't interfere in the health care industry (driving up costs way beyond normal supply and demand), and didn't seize an enormous portion of an individual's lifetime productivity via taxes and inflation, the vast majority could be perfectly self-sufficient with the safety net of catastrophic insurance.

 

[Oddball]

You would not like this place at all with no personal income tax.

All that statement proves is that you don't know shit about what I do or don't like.

If you like hunger, death, destruction and chaos you would love it.

Exaggerate much?

 

[uscitizen]

Actually...you may be starting to make sense. No Tax..no military. No military..no military adventurism. No adventurism..lots of deaths averted.

Not bad.

We would have a coffin and gravesite shortage in America.
No medicare/medicaid? 500K min deaths the first year with no healthcare for the elderly or poor.

Terrorists would love it here as well.

Talk about the medical industry going bankrupt.
Nursing homes closing.

Utter nonsense. If the Government didn't interfere in the health care industry (driving up costs way beyond normal supply and demand), and didn't seize an enormous portion of an individual's lifetime productivity via taxes and inflation, the vast majority could be perfectly self-sufficient with the safety net of catastrophic insurance.

Well yeah if we could roll back time to the 1800's and progress differently from there. But we can't so smoke something else closer to reality in your pipe.

the attitude changes you are talking about would require a few generations and in the meantime....

 

[thereisnospoon]

a Pure flat tax on ALL personal income with no deductions is the fairest tax.
You make $10 you pay X%
you make 10 MIllion you pay the same X%

That's how the income tax started out originally.

Problem with the whole concept of direct taxes on personal production is that posturing do-gooder politicians like to tinker with the system, to reward "proper" behavior and punish the "improper".

The only flat and fair tax on personal earnings is no tax.

You would not like this place at all with no personal income tax.

Interesting thought.
How do you explain the fact that states with no income tax are not falling off the planet?

 

[boedicca]

It's sad that USC defines progress as Big Government taxing individuals at rates higher than those applied to medieval serfs.

 

[thereisnospoon]

First, The US Tax Code needs to be gutted. The IRS shrunk to a bare minimum of people needed to enforce tax law which should be also reduced.
Next, the US Constitution needs to be amended. That Amendment should require the federal budget to be a balanced budget each Fiscal year.
Finally. There should be a flat tax...15% of every dollar over the first $35,000 for individuals and $45,000 for married or unmarried head of household....
All deductions and write offs....GONE......
Capital gains?..15%. Inheritance..15%. stock or bond income.....15%. Gambling winnings....15% Lottery..15%...Sell your home/property.... 15% of the value of the equity in the home .Easy...
Social Security......5% of every dollar earned with no ceiling. Each dollar paid in goes to a private account to be drawn from by the contributor or designate.
All gratuity wages...15%.....Employers responsible to insure employees comply.

I completely disagree with this, as it is not equal taxation. And the only way All Americans can pay taxes equally and fairly, is to set it at the poverty level and that is what all Amerians pay, or make taxation voluntary.

And adding your subjectivity of 'fair' again

I suppose the sales tax rate, being equal on every citizen on every dollar spent, is also 'unfair'

The point of the thread is not to comment on posts but to comment in your own words what you believe a fair tax code would be.
I am not interested in what you think of my idea.
Post your own idea.
BTW, your idea that a flat tax is unfair indicates you buy into the notion of the "zero sum game"...
OOPS!! Edit. my post here is in response to the previous post. The one in bold that starts with "I completely disagree..."

 

[uscitizen]

That's how the income tax started out originally.

Problem with the whole concept of direct taxes on personal production is that posturing do-gooder politicians like to tinker with the system, to reward "proper" behavior and punish the "improper".

The only flat and fair tax on personal earnings is no tax.

You would not like this place at all with no personal income tax.

Interesting thought.
How do you explain the fact that states with no income tax are not falling off the planet?

They get no federal income tax money?
They pay all their Medicare and medicaid, etc from their own state income?
They pay all their education expenses?
For all their veterans medical care?
FL is asking for some federal aid right now.

 

[uscitizen]

http://www.visualeconomics.com/united-states-federal-tax-dollars/you might want to check out this site.

FL and TX both get back over 90% of the federal taxes it's citizens/corporations pay in.

So the federal taxes in those states are basically just another state tax.