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OK, we'd all like to pay 0%, but what tax rates do you think would be fair - and sustainable?
For simplicity, I've broken it down here into these main categories:
Low income 20%
Middle income 27.5%
High income 35%
Corporate tax 30%
VAT 15%
Tax on dividends & shares 25%
Any other major tax categories needed?
My plan is to raise income for the state with a VAT, which will hit the shadow economy and mean even drug dealers are paying some tax.
With that extra income I can then trim corporate taxes.
Feel free to add more details in - I did this very quickly!
When the income tax was rammed up America's ass in 1913, the people who said it would eventually climb to 10% or more were poo-pooed as alarmists....Now we have so-called "conservatives" (whatever the hell that's supposed to mean anymore) perfectly comfortable floating goofy flat tax and "fair tax" schemes that have no problem fleecing the populace at rates of 15%-20% and more.15% flat tax across the board. No deductions. Everyone pays the same rate. That is true equality.
I weep for my country.
Romney pays 14% on his taxes.
I pay 25%.
This is the real redistribution of wealth in America.....welfare for the wealthy.
OK, we'd all like to pay 0%, but what tax rates do you think would be fair - and sustainable?
For simplicity, I've broken it down here into these main categories:
Low income 20%
Middle income 27.5%
High income 35%
Corporate tax 30%
VAT 15%
Tax on dividends & shares 25%
Any other major tax categories needed?
My plan is to raise income for the state with a VAT, which will hit the shadow economy and mean even drug dealers are paying some tax.
With that extra income I can then trim corporate taxes.
Feel free to add more details in - I did this very quickly!
Romney pays 14% on his taxes.
I pay 25%.
This is the real redistribution of wealth in America.....welfare for the wealthy.
How is it welfare when he actually pays?
Instead of trying to get him to pay more, you should focus on trying to get the welfare people that pay nothing to pony up a contribution and on reducing your over-taxed rate.
As usual, Saigon is ignorant as all hell.[/B]
10% is fair. 10% across the board. 10% for upper. 10% for middle. 10% for lower. 10% of $100,000,000 is $10 million. 10% of $30,000 is $3,000. The wealthy would still be paying a LOT more.
No capital gains tax. No sales tax. No VAT tax. No property tax. NO other forms of tax - period. I've already been taxed, there is no excusing for taxing me over and over and over and over.
This is 100% sustainable if we have constitutional government. God Himself only asks for 10%. It's completely absurd and asinine that the greedy government and greedy, lazy liberal dumbocrats would ask for more than what God does.
15% flat tax across the board. No deductions. Everyone pays the same rate. That is true equality.
Romney pays 14% on his taxes.
I pay 25%.
This is the real redistribution of wealth in America.....welfare for the wealthy.
Romney pays 14% on his taxes.
I pay 25%.
This is the real redistribution of wealth in America.....welfare for the wealthy.
You don't pay 25% on all your income you twit.
Don't you understand yet that your top marginal rate is not your effective tax rate?
Flat tax across the board...
10 percent of all income regardless of the source no deductions no exceptions.
We would see a net gain in revenue and a huge savings by gutting the irs
Nonsense - you would lose in excess of US$1.5 trillion per year.
If you want a flat tax rate, you'll probably be paying around 30%.
OK, we'd all like to pay 0%, but what tax rates do you think would be fair - and sustainable?
For simplicity, I've broken it down here into these main categories:
Low income 20%
Middle income 27.5%
High income 35%
Corporate tax 30%
VAT 15%
Tax on dividends & shares 25%
Any other major tax categories needed?
My plan is to raise income for the state with a VAT, which will hit the shadow economy and mean even drug dealers are paying some tax.
With that extra income I can then trim corporate taxes.
Feel free to add more details in - I did this very quickly!
The flaw in your plan is the one that the French are now facing. The wealthy are leaving in droves. They don't even have to move - they just have to buy another home elsewhere, with a lower tax rate... or, if they already own a home elsewhere, change their primary residence to that country.
I do wish Americans would engage in some critical thought before coming up with their 'ideas'. It would save you looking foolish.
OK, we'd all like to pay 0%, but what tax rates do you think would be fair - and sustainable?
For simplicity, I've broken it down here into these main categories:
Low income 20%
Middle income 27.5%
High income 35%
Corporate tax 30%
VAT 15%
Tax on dividends & shares 25%
Any other major tax categories needed?
My plan is to raise income for the state with a VAT, which will hit the shadow economy and mean even drug dealers are paying some tax.
With that extra income I can then trim corporate taxes.
Feel free to add more details in - I did this very quickly!
The flaw in your plan is the one that the French are now facing. The wealthy are leaving in droves. They don't even have to move - they just have to buy another home elsewhere, with a lower tax rate... or, if they already own a home elsewhere, change their primary residence to that country.
I do wish Americans would engage in some critical thought before coming up with their 'ideas'. It would save you looking foolish.
It is but you must spell it out so they cannot dance and parse.. 50% of Americans pay ZERO FEDERAL INCOME TAX. we have to carry these leeches around on our backs.
Isn't it amazing that so many poters think 10% - 15% is enough to run a government - and yet can not find a single place and time where it has ever worked.
Weird.
It worked throughout the 19th century.
This shows ignorance at the lowest level. The entire point of a PERCENTAGE is that it ensures those who make more, pay more. Those who make less, pay less.
You're double-punishing those who are successful to say you not only have to pay more, but we're going to make your percentage higher. That's so far beyond fucking unfair, there are no words for it.
In that time we were isolationists with barely a standing armed forces. Drugs were largely legal and we didnt have a huge drug war and prison cost. The same people bitching about the tax rate are many of the same ones who don't want to cut the department of defense a dime.
If you want to cut the tax rate you have to start with the military and end the drug war. And yes you have to address Medicare and Medicaid. ( I am assuming falsely social security is self funding)
OK, we'd all like to pay 0%, but what tax rates do you think would be fair - and sustainable?
For simplicity, I've broken it down here into these main categories:
Low income 20%
Middle income 27.5%
High income 35%
Corporate tax 30%
VAT 15%
Tax on dividends & shares 25%
Any other major tax categories needed?
My plan is to raise income for the state with a VAT, which will hit the shadow economy and mean even drug dealers are paying some tax.
With that extra income I can then trim corporate taxes.
Feel free to add more details in - I did this very quickly!
Romney pays 14% on his taxes.
I pay 25%.
This is the real redistribution of wealth in America.....welfare for the wealthy.
Becaue I think most people want the US to survive.
At a flat tax rate of 10%, the US will cease to exist in its current form.
