TRUMP -- Working on plan to fire 88,000 NEW IRS AGENTS

[LeftofLeft]

70% top Marginal rate, like we had under Reagan.

I'd like to go back to the 93% top marginal rate we had before JFK, but baby steps.

Then again, the transplant organ thing kind of sounds good, too.

Few, if any, ever paid 70 or 90 percent due to the deductions and exclusions. Further, we did spend then like we do today. Finally, what did that 70-90 percent marginal rate accomplish besides appeasing those who believe class warfare is the path to prosperity?

 

[Moonglow]

Odd that our country worked well without an Income Tax until basically the last 70 years

取消所得稅
Qǔxiāo suǒdéshuì

There was income taxes before seventy years ago.

 

[CrusaderFrank]

There was income taxes before seventy years ago.

 

[Moonglow]

The financial requirements of the Civil War prompted the first American income tax in 1861. At first, Congress placed a flat 3-percent tax on all incomes over $800 and later modified this principle to include a graduated tax. Congress repealed the income tax in 1872, but the concept did not disappear.

16th Amendment to the U.S. Constitution: Federal Income Tax ...​

 

[JoeB131]

Few, if any, ever paid 70 or 90 percent due to the deductions and exclusions. Further, we did spend then like we do today. Finally, what did that 70-90 percent marginal rate accomplish besides appeasing those who believe class warfare is the path to prosperity?

Well, let's see what it accomplished.

We were able to fight a world war and a couple of smaller ones.
We built an effective middle class.
We built infrastructure that was the envy of the world. (China is doing that now, if you want a reminder of what that was like.)
We put men on the moon. Where are the Moon Cities they promised me when I was a kid?

 

[Bootstraps]

Right.

So make sure you cheat on your taxes, because there won't be anyone to check your work!

So there's no other employees there to do the job?

 

[JoeB131]

So there's no other employees there to do the job?

Not enough, that's the point.

The IRS has only 100,000 full time employees. Of the 88K Biden wanted to hire, only 10,000 were.

Americans file 168 million Tax returns a year.

Which means there are 1680 tax returns for each IRS employee to process and review. if that was their only job, which it isn't.

700 Billion of taxes go uncollected every year because the IRS just doesn't catch it.

 

[LibertyKid]

Why do you think that's a better thing? A computer can't make a judgement about why your deduction doesn't look kosher, it will just run the numbers.

Do you really want decisions about your life being made by a machine? I don't.

So, you're still using an abacus, nice!

 

[Polishprince]

So, you're still using an abacus, nice!

Actually, that is one of the problems with the Biden Regime, they use yesterday's technology tomorrow.

Damn near got President Trump literally murdered to death because they didn't use a $40 drone to clip Crooks before he got off his shots.

 

[22lcidw]

Well, let's see what it accomplished.

We were able to fight a world war and a couple of smaller ones.
We built an effective middle class.
We built infrastructure that was the envy of the world. (China is doing that now, if you want a reminder of what that was like.)
We put men on the moon. Where are the Moon Cities they promised me when I was a kid?

To be the best you have to have the best. As the pyramid moves upward with leaders in any endeavor, the people in it have to be not just good, but great. We waste resources for so many reasons.

 

[LeftofLeft]

Well, let's see what it accomplished.

We were able to fight a world war and a couple of smaller ones.
We built an effective middle class.
We built infrastructure that was the envy of the world. (China is doing that now, if you want a reminder of what that was like.)
We put men on the moon. Where are the Moon Cities they promised me when I was a kid?

We accomplished everything you listed because we were a Creditor nation back then without the level of social and entitlement spending we have today. Now, we are a Debtor nation with high entitlements and egregious spending levels.

 

[LibertyKid]

Let me get this straight. Some of you think that the IRS, if they lose 80K plus hires, new hires, or whatever, will somehow create a new wave of tax cheats. The logic isn't making sense. For the vast majority of Americans, who file electronically, and even for the IRS, nothing is changing.

You efile, literally now within hours of filing, state and federal returns are being accepted. How? Through Data, provided by you and your employer(s). Most efile softwares have very specific logic and algorithms that review the data you provide. True, the software is only as smart as the data you enter, but trust me, if you send something that does get accepted by the IRS, the IRS has systems in place that will flag your return even of "Turbo Tax" said it was okay.

For the cheaters, IRS losing 80K employees isn't going to create more cheaters, nor will it entice new cheaters.

 

[Bootstraps]

Not enough, that's the point.

The IRS has only 100,000 full time employees. Of the 88K Biden wanted to hire, only 10,000 were.

Americans file 168 million Tax returns a year.

Which means there are 1680 tax returns for each IRS employee to process and review. if that was their only job, which it isn't.

700 Billion of taxes go uncollected every year because the IRS just doesn't catch it.

You said there won't be anyone to check your work. Your own claim now disproves that. Now we have your owm admission that you lied.

 

[22lcidw]

70% top Marginal rate, like we had under Reagan.

I'd like to go back to the 93% top marginal rate we had before JFK, but baby steps.

Then again, the transplant organ thing kind of sounds good, too.

Take the whole total tax rate in every way today as compared to what you compare it.

 

[EvilCat Breath]

Everyone does pay taxes. The rich just don't pay their fair share of them.

The problem is, you wingnuts like to pretend that the income tax is the only one people pay.

The rich pay the majority of taxes no matter what those taxes are. There 8s nothing fair about the taxes the rich pay.

 

[CrusaderFrank]

The financial requirements of the Civil War prompted the first American income tax in 1861. At first, Congress placed a flat 3-percent tax on all incomes over $800 and later modified this principle to include a graduated tax. Congress repealed the income tax in 1872, but the concept did not disappear.

16th Amendment to the U.S. Constitution: Federal Income Tax ...​

Thank you for proving my point

 

[whitehall]

Disarm the Cops and arm the bloodsucking accountants. Thank God democrats lost the election.

 

[Independent thinker]

The physically fit ones can be moved to the Border Patrol. The rest can work for Turbo Tax.

We need a new tax system which makes cheating harder by eliminating most, if not all, of the IRS. If you don't file taxes then it is much harder to cheat.

 

[JoeB131]

We accomplished everything you listed because we were a Creditor nation back then without the level of social and entitlement spending we have today. Now, we are a Debtor nation with high entitlements and egregious spending levels.

All because we don't make the rich pay their fair share.

They also moved the good jobs overseas, but that's probably lost on you wearing your MAGA hat made in China.

 

[LeftofLeft]

All because we don't make the rich pay their fair share.

They also moved the good jobs overseas, but that's probably lost on you wearing your MAGA hat made in China.

“fair share” only exists in your head. There is no consensus and I own nothing MAGA.