View Poll Results: Tax Reform

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  • Yes - Here is my suggestion

    20 64.52%
  • No -

    2 6.45%
  • The current system should be abolished

    9 29.03%
  • Other

    0 0%
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Thread: Revisit - Tax Reform

  1. #1
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    Revisit - Tax Reform

    Does our taxation system need an overhaul - and if so - which system could realistically take its place.

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    Re: Revisit - Tax Reform

    I think we need to reform taxes. We need to eliminate loopholes and simplify the tax code to prevent businesses and high wealth individuals from legally dodging taxes. I think income taxes are too high and should ultimately be lowered to a max rate of around 15% for individual income, but this should also be done after spending has been drastically cut (which isn't really a tax issue). I think we need to make tax rates fair for single and married people, everyone should file as a single individual. Progressive taxation is a necessary evil in my book until there is a system that better handles taxation without a progressive system. However, I think that the progressive ladder should be lowered where the max rate is 30% and only applying on the top 500k+ in income, the lowest bracket should be 15% with that starting at the 15k income level mark (anything under 15k should be tax free).
    Last edited by digsbe; 05-29-13 at 02:12 AM.

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    Re: Revisit - Tax Reform

    I'm just tagging this for later discussion.

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    Re: Revisit - Tax Reform

    Well, I was sincere about this so if anyone wishes to revisit my system: http://www.debatepolitics.com/govern...-solution.html

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    Re: Revisit - Tax Reform

    Quote Originally Posted by TheGirlNextDoor View Post
    Does our taxation system need an overhaul - and if so - which system could realistically take its place.
    Go strictly fair tax. The more you purchase, the more you pay in taxes. No IRS, no liberal busybodies, just automatic deposits into government accounts after purchases.

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    Educator HumanBeing's Avatar
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    Re: Revisit - Tax Reform

    Quote Originally Posted by TheGirlNextDoor View Post
    Does our taxation system need an overhaul - and if so - which system could realistically take its place.
    Taxation enforced by threat of violence and imprisonment is theft. You can argue all day long about how useful the money is, but it was still stolen under threat of violence and imprisonment.

    Taxation should be voluntary, just like everything else. If I think the public education system isn't good enough, I shouldn't be forced to contribute to it, and you certainly shouldn't use money you stole from people to educate your children, as it clearly sets a terrible example for them.

    Of course, Voluntaryism is only possible if governments cease to artificially monopolize public services industries. Then you can simply exclude those who refuse to pay taxes from gaining the benefits.
    If you hate capitalism so much, then just write everything in lower case. Problem solved.

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    Re: Revisit - Tax Reform

    Quote Originally Posted by TheGirlNextDoor View Post
    Does our taxation system need an overhaul - and if so - which system could realistically take its place.
    It sure does! Any system you ever desire would always and always take its place! I voted as per your suggestion too!
    Quote Originally Posted by poweRob View Post
    Stats come out and always show life getting better. News makes money in making you think its not.
    The Republic of Dardania is the proper name for: http://www.debatepolitics.com/europe...ification.html

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    Re: Revisit - Tax Reform

    Quote Originally Posted by TheGirlNextDoor View Post
    Does our taxation system need an overhaul - and if so - which system could realistically take its place.
    Flat tax.

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    Re: Revisit - Tax Reform

    Quote Originally Posted by TheGirlNextDoor View Post
    Does our taxation system need an overhaul - and if so - which system could realistically take its place.
    It most assuredly needs reform. Even the adviser experts on the IRS telephone help lines don't understand it, as evidenced by the disclaimer that nothing they tell you can be taken as "the law."

    Politicians use revisions in the tax code to garner political contributions, socially engineer behavior, and reward their cronies with tax breaks. Bad ideas keep getting worse: the Alternative Minimum Tax (AMT) was designed to target very wealthy taxpayers who, through use of legal loopholes, paid little or no income tax. It was enacted in 1969 to target 21 gazillionaires who, because of the legal loopholes and myriad deductions, paid no Federal income taxes. Today, it's estimated that 15% of taxpayers earning between $75K and $100K must pay AMT -- up from just 2% ten years ago.

    Want to know if you have to pay it? Read through 9 pages of IRS instructions and then call your accountant.

    Flat tax or fair tax or consumption tax. Easy-peasy.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Revisit - Tax Reform

    Quote Originally Posted by sawyerloggingon View Post
    Flat tax.
    Flat rate theft rather than individually customized theft is still theft. Are your public services really so crap that you think I won't want to use and pay for them without threatening me with violence and imprisonment? That's just sad. Build good services and people will pay for access to them voluntarily. If people aren't getting their money's worth, let them use other services and quit forcing them to pay for yours.
    If you hate capitalism so much, then just write everything in lower case. Problem solved.

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