Even 5% would be acceptable so long as no income taxes are stolen. People would be able to save way more and most likely spend more when time is right. As the world becomes more awake, less evil is needed to show them.
We should eliminate property taxes while we're at it. If there's one thing you should own that nobody can take from you it should be your house. As long as you have to pay property taxes, it's nothing more than renting your land from the government.
property tax = you don't own property, you rent it. because if you stop paying property tax the govt will take it away from you. do you call that ownership?
It's the same thing renting from an HOA. You don't pay their bullshit fines, they put a lien on your house. You don't pay the lien fast enough for them, they'll repo your house. They're basically a government. HOA's should be unconstitutional.
My Town apparently voted for local taxes. I remember they tried this 20 years ago. I don't think anybody ever filled it out and then they ended up doing way with it. I certainly won't be filling it out this time either.
It is based on spending. It is one way that the rich will pay more taxes than the poor. I have nothing against honest rich people, but it is a very fair tax. The people who have little money to spend on extras will pay less taxes.
"It is based on spending. It is one way that the rich will pay more taxes than the poor."
Wrong, laddie. That's only true in absolute terms. Proportionately, this "fair" tax would take a bigger and bigger proportion of income as the amount of income decreases.
There is no way this can be rationalized. It's a flagrant steal, plain and simple.
If you and a guy who makes $250k more per year than you both buy a loaf of bread, why do you get to pay no tax and he have to pay 100% tax?
Thats patently unequal treatment under the law. You should both pay 20% combined for all levels of government and be done with it. If you spend nothing, the government gets nothing.
I don't think the Fair Tax applies to essential foods or basic clothing. I may be wrong about that (its been a while since I even seen it mentioned), but I am pretty sure that was the case.
UBI is also part of the Fair Tax. It replaces replaces welfare. UBI is also used to offset the impact of the Fair Tax on the poor.
Things may have changed. Regardless, I would be for this so long as the income tax is ABOLISHED and the cap for the Fair Tax is set to something reasonable. At one point, the Fair Tax was proposed as a 20% tax .... I've seen it go as high as 30% ... I think the range is on purpose though ... if the tax can be capped at 30% and introduced at something like 20%, raising it should be a pain in the ass as people would feel the impact of it the day after it is increased.
I would much prefer to control what I am paying in taxes. Taxing income is fucking barbaric and pathetic ... the 'progressive' system makes it even worse.
The Laffer curve agrees. Revenue peaks around 22-25% (total tax rate… sales, income, state, federal, etc) and anything more starts to lower total revenue collected, as I recall.
23-30% is WAY too high. I'd bet that a federal sales tax of 2% across the board would generate more revenue than they take in now..
Even 5% would be acceptable so long as no income taxes are stolen. People would be able to save way more and most likely spend more when time is right. As the world becomes more awake, less evil is needed to show them.
We should eliminate property taxes while we're at it. If there's one thing you should own that nobody can take from you it should be your house. As long as you have to pay property taxes, it's nothing more than renting your land from the government.
No inheritance tax either. My kids shouldn’t have to lose out on my sacrifice because Uncle Sam wants to double dip.
Allof the. are unconstitutional. Government can only tax commerce.
And capital gains and gambling tax
They'll pass that after the die off.
property tax = you don't own property, you rent it. because if you stop paying property tax the govt will take it away from you. do you call that ownership?
It's the same thing renting from an HOA. You don't pay their bullshit fines, they put a lien on your house. You don't pay the lien fast enough for them, they'll repo your house. They're basically a government. HOA's should be unconstitutional.
Shut up. You’ll own nothing and be happy. Now eat your bugs.
Then people can quit complaining about Bill Gates buying up all the farmland, because he doesn't really own that, either. Can't have it both ways.
My Town apparently voted for local taxes. I remember they tried this 20 years ago. I don't think anybody ever filled it out and then they ended up doing way with it. I certainly won't be filling it out this time either.
“Voted”
Worst most evil tax in my opinion.
It is based on spending. It is one way that the rich will pay more taxes than the poor. I have nothing against honest rich people, but it is a very fair tax. The people who have little money to spend on extras will pay less taxes.
"It is based on spending. It is one way that the rich will pay more taxes than the poor."
Wrong, laddie. That's only true in absolute terms. Proportionately, this "fair" tax would take a bigger and bigger proportion of income as the amount of income decreases.
There is no way this can be rationalized. It's a flagrant steal, plain and simple.
"Proportionate" taxation is a theft tactic.
If you and a guy who makes $250k more per year than you both buy a loaf of bread, why do you get to pay no tax and he have to pay 100% tax?
Thats patently unequal treatment under the law. You should both pay 20% combined for all levels of government and be done with it. If you spend nothing, the government gets nothing.
...and for those with illegal, unreported income to actually pay taxes.
Honest question, what's illegal, unreported income to you?
$1 to the federal (or any) government is too much. It’s my money. I earned it. Not them.
They started out with 23% just a few weeks ago. Now they are at 30%. None of those idiots can be trusted.
Dude, if that's federal tax, $100 in groceries turns into $123, and that's before any state taxes. That's insane.
I don't think the Fair Tax applies to essential foods or basic clothing. I may be wrong about that (its been a while since I even seen it mentioned), but I am pretty sure that was the case.
UBI is also part of the Fair Tax. It replaces replaces welfare. UBI is also used to offset the impact of the Fair Tax on the poor.
Things may have changed. Regardless, I would be for this so long as the income tax is ABOLISHED and the cap for the Fair Tax is set to something reasonable. At one point, the Fair Tax was proposed as a 20% tax .... I've seen it go as high as 30% ... I think the range is on purpose though ... if the tax can be capped at 30% and introduced at something like 20%, raising it should be a pain in the ass as people would feel the impact of it the day after it is increased.
I would much prefer to control what I am paying in taxes. Taxing income is fucking barbaric and pathetic ... the 'progressive' system makes it even worse.
I agree the rate is too high, but look what is stolen in from your paycheck each pay period and compare that with that $23/week.
What--23%?!?!? What happened to 15%, which is still about five times too high?
They already taking 30-35% of my paycheck
what the fuck? so it's more than 50% of your income
The Laffer curve agrees. Revenue peaks around 22-25% (total tax rate… sales, income, state, federal, etc) and anything more starts to lower total revenue collected, as I recall.