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Discussion in 'Non Surf Related' started by backside hack, May 12, 2017.
Jeopardy is my favorite show ! Alex trebec is a pimp.
As a point of reference on the black market, there is a whole commercial market that is not currently taxed. Not advocating more tax on anything but consumption tax captures all participants in economy...black market may or may not grow but if it does, consumption should stay relatively constant (supply and demand period...yea it will fluctuate but it already does right?).
social contract is a lie
I did not sign it
What about a Flat Tax, where *everybody* pays their fair share? Including corporations and 1%ers.
No more loopholes, no more sweetheart deals, and no more fucking bullshit like Solyndra, GE and Tesla/Musk.
Equal, even and fair across the board
a flat tax would eliminate the need for the IRS in its current form
The problem with the Flat Tax would be convincing the public (not saying Flat Tax is a bad idea, just don't see people being smart enough to realize isn't).
Flat Tax keeps a federal income tax but eliminates all credits/deductions. So people with kids lose those credits. Also, charitable giving would be hurt because that deduction would disappear. Also, investment/business deductions go away. So having a family costs more, charitable donations lose their draw aside from goodwill of course and investments in new business would get killed without deductions.
It will be a very tough sell to people. That is why I have leaned more toward consumption tax. Then you are eliminating the income tax completely. Hard to bitch about losing deductions when you don't pay income taxes.
Also be sure to not leave out Farm, Oil, and Ethanol "sweetheart deals"
A consumption tax would do the same thing. Federal tax collection would mirror state tax collection. Department of Treasury can handle the black market.
I’m still not buying it Kyle but I like your enthusiasm.
Not here to sell you. You asked, DP.
Are you sold on the current tax system?
Taxes are something that I've spent more time than I should have researching. All in an attempt to increase my own monetary gains of course.
I think the current system works but isn’t perfect. I wouldn’t scrap the whole thing, just tweak the things that need tweaked. We’re doing pretty damn good as it is so I wouldn’t want to make any radical changes. Paying less is always welcome, but I’m good with what I pay now if nothing were to change.
I don’t think it’s worth the risk when there are so many factors you aren’t sure of. The unforeseen ramifications could be far worse than expected and I don’t see an extreme upside to the point where I feel it being worth the risk. I’m not a fan of reinventing the wheel.
If you have a team or run a company, the best talent, or performers get incentives with a higher percentage and bonuses. Capitalism 101
Therefore a flat tax offers no incentives for big performers and they will go some where else to do business - offshore - where they get more slack.
Flat rate tax - It is a great sound byte - fair and even and simple to calculate how can you refuse?
My opinion ..... but it's fact LOL
That is a very rosey view of our current tax system. I could go on for days asking you about issues with the current system, but I know you have no interest at this point. But to say the current system is working is giving it too much credit.
So many factors I am unsure of? I am not an economist nor even an accountant, just a tax enthusiast I guess. If you are looking for every answer from me, I am bound to disappoint eventually. A lot of uncertainty was answered by Jay or myself, you just disagree. The downside of keeping the current system is bankrupting the country, which we continue to inch closer to everyday.
Not a fan of reinventing the wheel? How very unTrump of you lol.
Anyways, what'd Trump say to Putin in Helsinki? Any guesses?
Also, so the Obama-Iran wasn't good in a lot of folks eyes, is threatening war a better approach?
I don’t expect you to have all the answers. Nobody does. It’s not your fault. Like I said, the system isn’t perfect but needs a little tweaking here and there. But throwing the whole system out I feel is too extreme. That’s all I’m saying.
Well we need to find some way to keep us from leaving this country bankrupt or Chinese owned for future generations. My guess is via tax reform lol.
I'm pretty sure you must be Branco at this point, Lance.
Newly Released FISA Docs Contradict Strzok’s Sworn Claims He Had Nothing to Do With Carter Page FISA Warrant
Obama’s Deep State FBI and DOJ obtained a FISA warrant on Carter Page in October of 2016 and three subsequent renewals in order to spy on Trump’s campaign and transition team.
Comey, Rosenstein, McCabe and Sally Yates all signed the FISA applications even though Hillary’s fraudulent Russia dossier was used as a pretext to obtain the warrants.
The first sentence reads "Obama’s Deep State FBI and DOJ". Excellent sources Branco lol, it all makes sense now. All of this info comes from @paulsperry (an unverified twitter account). Another, even less credible, Michael Caputo, all talk. Holy crap Branco, go put your tin foil hat on. You guys are begging for any sign of proof of some grand conspiracy to save face. #fakeRnews