So Joe... what is the "fair share"???

[j-mac]

That’s a HUGE tax cut for the rich and a huge tax increase for the poor

How nice

Oh yea… and a massive increase in the

It would be fair....Everyone pays the same....I don't see the problem.

 

[g5000]

It would be fair....Everyone pays the same....I don't see the problem.

I prefer the Fair Tax to a flat income tax.

 

[j-mac]

I prefer the Fair Tax to a flat income tax.

Why?

 

[healthmyths]

Dude, go back to post 547. It's all laid out for you right there. You quoted that post! You obviously didn't even read it!

I asked you to find on this table. NOT your table.
Where are corporate taxes on this table? That was what I was referencing to. NOT YOUR tables but this table!
Do you see ANY identification of "corporate taxes"?

 

[francoHFW]

It would be fair....Everyone pays the same....I don't see the problem.

You are the only party in the world that doesn't see a problem. Brainwashed and ignorant as you are by the greedy idiot rich GOP. Does the worst inequality and upward mobility ever anywhere ring a bell? If you count all taxes, we have a flat tax system. Unknown facts in GOP land

 

[j-mac]

You are the only party in the world that doesn't see a problem. Brainwashed and ignorant as you are by the greedy idiot rich GOP. Does the worst inequality and upward mobility ever anywhere ring a bell? If you count all taxes, we have a flat tax system. Unknown facts in GOP land

No we don’t, who told that bullshit?

 

[jc456]

Even More giveaway to the greedy idiot GOP mega rich brainwashers, brainwashed functional moron. Poor America.

How is there a giveaway! Who’s giving it?

 

[francoHFW]

No we don’t, who told that bullshit?

IRS, the tax foundation and Washington Post. The link has disappeared yesterday. Very depressing. And don't tell me your propaganda which is all about the federal income tax our only progressive tax.

 

[Blues Man]

A whole lot wouldn't save anything or very little and a whole lot would lose their shirts in the market.

But fuck em right?

Their fault

So i have to live with less because some other people make poor decisions?

I don;t care what they do with their money they can give it to the fucking government if they want to live on a pittance in retirement.

 

[Blues Man]

Just make it 10% from dollar one, and no cap, and everyone could do their taxes on a post card….

What were your earnings?

Earnings x 10% = send it in….

Done.

Then move Election Day to the day after.

Too easy to cheat we already have an estimated income of 2 trillion annually that isn't reported and that's not counting illicit incomes

A consumption tax will get revenue from people who don't claim their income or who cheat on their taxes and will also get revenue from people who get their income from illicit means.

 

[Blues Man]

Even More giveaway to the greedy idiot GOP mega rich brainwashers, brainwashed functional moron. Poor America.

We need a consumption tax so the people who actually consume the most pay the most.

We can exempt food, clothes medical services and prescription medicines from the tax so that way people won't spend any more on necessities and will get to take home ALL their income every month

 

[Lesh]

So i have to live with less because some other people make poor decisions?

I don;t care what they do with their money they can give it to the fucking government if they want to live on a pittance in retirement.

But wait.

You get guaranteed return...and your pissed?

 

[francoHFW]

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.washingtonpost.com/news/wonk/wp/2012/09/19/heres-why-the-47-percent-argument-is-an-abuse-of-tax-data/%3FoutputType%3Damp&ved=2ahUKEwim75umk5nzAhV0SjABHXgVCo4QFnoECAMQAQ&usg=AOvVaw0Tlj9dsG2h-w91UJAWpjBf&ampcf=1

Changes every day-still not there

 

[j-mac]

Too easy to cheat we already have an estimated income of 2 trillion annually that isn't reported and that's not counting illicit incomes

A consumption tax will get revenue from people who don't claim their income or who cheat on their taxes and will also get revenue from people who get their income from illicit means.

How you going to cheat? Income is reported by employers, matches your W2.

 

[Blues Man]

But wait.

You get guaranteed return...and your pissed?

A guaranteed return is a guaranteed loss.

12.4% of my income getting about a 2% return when I know I can average at least 4 times that much with a balanced portfolio or that I could live on 5 times as much as the monthly SS pittance.

SS denies people the ability to become financially independent

 

[Blues Man]

How you going to cheat? Income is reported by employers, matches your W2.

You never heard of people getting paid under the table?

 

[healthmyths]

Wrong. You didn't even read your own link in the OP!

The Internal Revenue Service (IRS) has released data on individual income taxes for tax year 2017, showing the number of taxpayers, adjusted gross income, and income tax shares by income percentiles.

You conflated individual taxes with corporate taxes.

Here is a link which shows corporate tax revenue:

Corporate income tax revenues U.S. 2033 | Statista

Revenue from corporate income tax in the United States amounted to 425 billion U.S.

www.statista.com

Revenue from corporate income tax in the United States amounted to 212 billion U.S. dollars in 2020.



212 billion dollars. That will barely pay for Congress's lunch bill.



Here's a single quarter's profit for US corporations:

Corporate profits by quarter U.S. 2023 | Statista

Corporate profits in the United States exceeded three trillion dollars for the first time in the second quarter of 2022, but shrank slightly in the next quarter

www.statista.com

Corporations in the United States made profits of around 2.55 trillion U.S. dollars in the first quarter of 2021.


$2.55 TRILLION profit. In just one quarter.

$212 billion in taxes for a whole year.

You wrote..."You conflated individual taxes with corporate taxes."
I DIDN"T do any conflation! Conflation is taking two separate sources. I had just one.

https://files.taxfoundation.org/20200225110058/Summary-of-the-Latest-Federal-Income-Tax-Data-2020-Update.pdf

 

[DBA]

You are the only party in the world that doesn't see a problem. Brainwashed and ignorant as you are by the greedy idiot rich GOP. Does the worst inequality and upward mobility ever anywhere ring a bell? If you count all taxes, we have a flat tax system. Unknown facts in GOP land

My accountant would testify on my behalf that this most certainly isn’t true. I pay WAY more than my “fair share”.

 

[DBA]

You get guaranteed return...and your pissed?

Very small guaranteed return that is capped and can’t be passed on to my children. Yeah, you should be pissed too.

 

[DBA]

It would be fair....Everyone pays the same....I don't see the problem.

It most certainly would be fair. I would add the caveat that those making less than x amount would be exempt.

These folks that complain that this wouldn’t be fair are the same ones saying that the rich don’t pay their fair share because they have accountants that manipulate the system. This would eliminate. If a guy makes 5 million a year, he pays 500k, period. According to Democrats, this guy is not paying that much now due to fancy accounting.