Page 2 of 62 FirstFirst 12341252 ... LastLast
Results 11 to 20 of 618

Thread: Total taxation in the US is one of the lowest in the developed world

  1. #11
    Sage

    Join Date
    Jul 2013
    Last Seen
    Today @ 01:31 AM
    Lean
    Independent
    Posts
    37,630

    Re: Total taxation in the US is one of the lowest in the developed world

    Quote Originally Posted by Lord of Planar View Post
    Seems to me, that in general, that the larger that taxes are vs. GDP, the less personal wealth a person can achieve.
    That is why the state should not spend quite so much on stuff that is not a public good in the economic sense. Then efficiency goes up, the gdp grows and society prospers.

  2. #12
    Sage
    DA60's Avatar
    Join Date
    Jan 2012
    Location
    Where I am now
    Last Seen
    Today @ 01:45 AM
    Gender
    Lean
    Independent
    Posts
    15,953

    Re: Total taxation in the US is one of the lowest in the developed world

    Quote Originally Posted by joG View Post
    Maybe we should reduce government expenditure till the deficit goes away.
    Blasphemy!!!

    This thread is about bigger and bigger government.

    We need bigger and bigger deficits. More and more taxation of the evil rich. Bigger and bigger government programs.

    ANd when we have taken all the money from the rich...than we have to start printing even more money and more and more...

    hallelujah!!!

    Praise be the One...the Krugman. He will deliver us from the evils of free enterprise and small governments.

    Let us go forth and prey at our temple...the temple where no amount of money 'printing' is too great.

    Let us hold hands, cast out the evil rich and those sinners who have lost their way and believe in balancing books. Let us walk together to the promised land.

    To...The Federal Reserve!!!
    Last edited by DA60; 12-31-16 at 08:19 AM.
    'What kind of sick and twisted toy factory is this?'
    'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
    "Better to be dead and cool, than alive and uncool."

  3. #13
    Dungeon Master
    anti socialist

    X Factor's Avatar
    Join Date
    Dec 2010
    Location
    Texas Proud
    Last Seen
    Yesterday @ 10:08 PM
    Lean
    Conservative
    Posts
    42,185

    Re: Total taxation in the US is one of the lowest in the developed world

    What a uniquely liberal argument. Income "escaping" taxation is a bad or morally wrong thing. To answer a question asked, yes, I'd much rather my children grow up here where they get to keep more of what they earn. Seriously, who should be charged with the right to decide how much wealth a person should be allowed to have? The government? In what world is that a good idea?

  4. #14
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:53 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    166,764

    Re: Total taxation in the US is one of the lowest in the developed world

    Quote Originally Posted by joG View Post
    That is, what social democracy is about.
    which sucks therefore
    Quote Originally Posted by EarlzP View Post
    Why would you not want to register your weapon?
    Quote Originally Posted by Celebrity View Post
    , as long as you can own one or fewer guns, your right to bear a firearm is not being infringed upon.

  5. #15
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:53 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    166,764

    Re: Total taxation in the US is one of the lowest in the developed world

    Quote Originally Posted by Lafayette View Post
    You are, of course, speaking on behalf of the "Left" (whoever/whatever that is)?

    The upper-income Net Worth as shown in the infographic pie-chart belongs not ONLY to politicians and bureaucrats - but a whole cast of people who derive their Income from a variety of sources.

    You should know better ...

    NB:
    *In fact, the point not mentioned but that should be underscored is the "perpetuation" of the Net Worth that is generated. It is obvious that beyond the three Lamborghinis and four mansions on four continents (that one visits only once a year) it is impossible to "use up" all those megabucks.
    *So, with our limp Inheritance Taxation, the money flows down the dynasty from offspring inheritor to inheritor to inheritor. Meaning what?
    *That we (as a nation) have regressed to the point we were in 1776 when we conspired against the British monarch who was plundering the colonies in order to maintain his regency in England. We have our own regency today, but there is no figurehead King, no Dukes, and no Lords. Just those who profit from the economy, typically by very low taxation put in place by Reckless Ronnie in 1981 upon entering the White House. (All economic data show how the Wealth increased dramatically during the 1980s, but only a certain upper-class of individuals.)
    I know that envy is often camouflaged by claims of the "greater good" and that "the ultra rich" are depicted as having three expensive sports cars" but in reality its usually anyone who is in the top 2-3%. and Most of us already pay high income taxes and the death tax (which was thought up before there was 40% income tax rates) is nothing more than a surcharge on the top tax payers.

    Why should someone pay 10X for citizenship benefits that are no greater than what someone who pays almost no federal taxes gets?
    Quote Originally Posted by EarlzP View Post
    Why would you not want to register your weapon?
    Quote Originally Posted by Celebrity View Post
    , as long as you can own one or fewer guns, your right to bear a firearm is not being infringed upon.

  6. #16
    Guru


    Join Date
    Dec 2015
    Location
    France
    Last Seen
    Yesterday @ 05:48 PM
    Gender
    Lean
    Centrist
    Posts
    3,803

    Re: Total taxation in the US is one of the lowest in the developed world

    Quote Originally Posted by TurtleDude View Post
    Why should someone pay 10X for citizenship benefits that are no greater than what someone who pays almost no federal taxes gets?
    Why shouldn't they?

    We've been through the trauma of Communism where everyone had (more or less) the same salary. And the demise of Communism we thought it was a victory for the West - that is, the right to become super-rich?

    Nope - not in nanosecond.

    Salaries must not be all the same. And neither should taxation of salaries. But that is precisely the fact above $100K per year.
    Taxation - Total Effective Tax Rates (US) 2014.jpg.

    And the payroll tax is even worse:
    Taxation - Effective Payroll Taxation.jpg

    Enough is enough. Taxation is what builds riches, much more than "hard work".
    Last edited by Lafayette; 12-31-16 at 10:01 AM.
    Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob and degrade them; then neither persons nor property will be safe. (Frederick Douglass)

  7. #17
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:53 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    166,764

    Re: Total taxation in the US is one of the lowest in the developed world

    Quote Originally Posted by Lafayette View Post
    Why shouldn't they?

    We've been through the trauma of Communism where everyone had (more or less) the same salary. And the demise of Communism we thought it was a victory for the West - that is, the right to become super-rich?

    Nope - not in nanosecond.

    Salaries must not be all the same. And neither should taxation of salaries. But that is precisely the fact above $100K per year.
    Taxation - Total Effective Tax Rates (US) 2014.jpg.

    And the payroll tax is even worse:
    Taxation - Effective Payroll Taxation.jpg

    Enough is enough. Taxation is what builds riches, much more than "hard work".
    what crap-saying taxation builds wealth is one of those stupid throwaway lines that has no worth.

    no taxation whatsoever would probably mean anarchy. so to a certain point that phrase is right. but right now the top one percent make less than 20% of the income yet pay almost 40% of the progressive Federal income tax and when you throw on top of that, the death tax, its even higher. Far too much. we have too much government because too many people aren't paying enough for it to stop wanting it
    Quote Originally Posted by EarlzP View Post
    Why would you not want to register your weapon?
    Quote Originally Posted by Celebrity View Post
    , as long as you can own one or fewer guns, your right to bear a firearm is not being infringed upon.

  8. #18
    Faith is Folly

    Spartacus FPV's Avatar
    Join Date
    Apr 2006
    Location
    In your echo chamber
    Last Seen
    05-27-17 @ 06:33 PM
    Gender
    Lean
    Libertarian
    Posts
    12,447

    Re: Total taxation in the US is one of the lowest in the developed world

    Good!
    Quote Originally Posted by Morty
    If you think my Rick is dead, he's alive! If you think you're safe, he's coming for you!

  9. #19
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    05-27-17 @ 09:24 AM
    Gender
    Lean
    Other
    Posts
    22,657

    Re: Total taxation in the US is one of the lowest in the developed world

    Quote Originally Posted by Lafayette View Post
    The caption is best understood by this infographic from the Tax Policy Center:



    Which means quite simply that (due to a ridiculous flat-rate taxation of top revenues) more Income escapes taxation and moves upwards to build the Wealth of a comparatively select few (from here):



    My Point: Is this the sort of nation you want for your children, and your children's children? One where the far greater share of the Wealth-pie (that we all work to generate in our economy) goes to an aberrationally minuscule percentage of American families?

    Well, it is the one they have now and will be getting in the future as well ...
    In short, YES.

    Apparently somewhat unique in the developed world, the basic operative principle in the United States is belief in people, rather than dependence on Government Agency to define the limits of human endeavor.

    Of note, however, is the failure to include other methods of government revenue generation not included in calculations. Not unexpected from a far left Progressive operation like the Tax Policy Center who would promote such a limited information analysis.
    President Donald J Trump, 45th President of the United States of America. A victory born in the hearts and minds of Everyday Americans

  10. #20
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:53 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    166,764

    Re: Total taxation in the US is one of the lowest in the developed world

    one of the big lies we see from wealth vandals on the left is using the "payroll" tax's" lack of progression to argue income tax ought to be more progressive. The payroll tax is essentially forced insurance payments and the cap on higher salaries also means a cap on benefits. . My car insurance is a far lower component of my expenses than someone making 100K a year as well but if I pay the same premiums, I probably have the same coverage as a similarly situated driver with less income. The wealth vandals think that every possible tax-be it a license plate tax to a sales tax ought to be higher for the rich so they combine taxes never intended to be progressive to create a total tax bill that they claim is not progressive enough and needs to be offset with even higher rates of income tax on the rich. Its incredibly dishonest. they also ignore the fact that life's expenses are regressive and yet they think taxes ought to make up for that.

    Finally, many of the "taxes" that the poor pay are paid with money we net tax payers give them.
    Quote Originally Posted by EarlzP View Post
    Why would you not want to register your weapon?
    Quote Originally Posted by Celebrity View Post
    , as long as you can own one or fewer guns, your right to bear a firearm is not being infringed upon.

Page 2 of 62 FirstFirst 12341252 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •