Page 14 of 20 FirstFirst ... 41213141516 ... LastLast
Results 131 to 140 of 198

Thread: Would the rich miss 5%?

  1. #131
    User Hypostrategos's Avatar
    Join Date
    Oct 2009
    Last Seen
    12-11-09 @ 07:01 PM
    Gender
    Lean
    Conservative
    Posts
    31

    Re: Would the rich miss 5%?

    Quote Originally Posted by Happy Days View Post
    What do you think, would people earning over $250K a year miss 5%?
    Yes. Not only would they miss it, but their employees would miss that raise that becomes possible when their employer can keep that money. Or, the businesses that that person spends that 5% on normally will miss that money. Or the charity that is a benefactor of that 5% will miss it.

  2. #132
    Sage
    Ikari's Avatar
    Join Date
    Dec 2006
    Location
    Colorado
    Last Seen
    12-08-17 @ 01:05 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    54,124

    Re: Would the rich miss 5%?

    Quote Originally Posted by Hypostrategos View Post
    Yes. Not only would they miss it, but their employees would miss that raise that becomes possible when their employer can keep that money. Or, the businesses that that person spends that 5% on normally will miss that money. Or the charity that is a benefactor of that 5% will miss it.
    Or the offshore banks which hide the money from the federal government and protect it from taxation.

    But the people making the 250,000 a year aren't the problem. They aren't usually rich enough to avoid heavy tax rates.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  3. #133
    Goddess of Bacon

    Join Date
    Feb 2007
    Location
    Charlottesville, VA
    Last Seen
    05-28-12 @ 09:35 PM
    Gender
    Lean
    Undisclosed
    Posts
    13,988

    Re: Would the rich miss 5%?

    Quote Originally Posted by stalin_was_a_nice_being View Post
    People shouldn't taxed period.

    But we have chosen a system that taxes people, and we have chosen separate tax rates. So even if Warren buffet made 46 million and was taxed 17.7 percent. That is wrong regardless if he is still paying more in taxes than what his secretary is. The tax rate should be opposite. Warren pays 30 percent and his secretary 17.7. Or it shouldn't be that way because she is a secretary and secretaries and that sort are all scum?
    No, the tax shouldn't be opposite. Should be a flat rate, or no income tax at all (the latter being preferable)

    Quote Originally Posted by Ikari View Post
    Not marginally they aren't. And flat tax is a regressive tax. We have to have some form of tax somewhere for the government to run. I just don't think we should purposefully set the situation so that the top 1% don't have to pay as much as everyone else and allow rules and regulation which stifle mobility.
    Income tax isn't necessary. Consumption taxes would be much more fair. Income tax only taxes people for being successful.

  4. #134
    Sage
    Ikari's Avatar
    Join Date
    Dec 2006
    Location
    Colorado
    Last Seen
    12-08-17 @ 01:05 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    54,124

    Re: Would the rich miss 5%?

    I'm not a fan of most forms of taxation, but we need something so the government can operate. But I'm probably not going to agree with regressive taxation schemes. Of course, we could just do it all through inflation.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  5. #135
    Slayer of the DP Newsbot
    danarhea's Avatar
    Join Date
    Aug 2005
    Location
    Houston, TX
    Last Seen
    Today @ 10:16 PM
    Gender
    Lean
    Conservative
    Posts
    39,739

    Re: Would the rich miss 5%?

    Quote Originally Posted by Ikari View Post
    I'm not a fan of most forms of taxation, but we need something so the government can operate. But I'm probably not going to agree with regressive taxation schemes. Of course, we could just do it all through inflation.
    Which has the same effect as taxation. Citizens end up with less.
    The ghost of Jack Kevorkian for President's Physician: 2016

  6. #136
    Sage
    Ikari's Avatar
    Join Date
    Dec 2006
    Location
    Colorado
    Last Seen
    12-08-17 @ 01:05 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    54,124

    Re: Would the rich miss 5%?

    Quote Originally Posted by danarhea View Post
    Which has the same effect as taxation. Citizens end up with less.
    Aye, it does have the same effect. I made no claim to the contrary.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  7. #137
    User Hypostrategos's Avatar
    Join Date
    Oct 2009
    Last Seen
    12-11-09 @ 07:01 PM
    Gender
    Lean
    Conservative
    Posts
    31

    Re: Would the rich miss 5%?

    Quote Originally Posted by Ikari View Post
    I'm not a fan of most forms of taxation, but we need something so the government can operate. But I'm probably not going to agree with regressive taxation schemes. Of course, we could just do it all through inflation.
    The biggest problem is that the government spends too much. If they spent less, then they wont need so much of our money to operate.

  8. #138
    Sage
    disneydude's Avatar
    Join Date
    Jan 2006
    Location
    Los Angeles
    Last Seen
    Today @ 07:24 PM
    Gender
    Lean
    Liberal
    Posts
    25,144

    Re: Would the rich miss 5%?

    Quote Originally Posted by rivrrat View Post
    LMFAO I'd HAPPILY pay only $5 a year, but you know what? When I worked in DC, and even when I worked in WV, I had to pay $10 a DAY in TOLLS to get to work and back. So don't give me this toll road bull**** when we already have that issue. I would MUCH rather pay the $10 (or more) in tolls if less was taken from me in taxes. But as it is now, they steal money from me via taxes and THEN make me pay tolls on top of that!!!

    As for education... if you can't afford to educate your child, then that's a good reason NOT to have one.


    First of all....tolls would be much higher if building roads were based solely on tolls.
    Basically what you would have is a system where only the wealthy would be able to drive.

    As far as education....are you really advocating for a system where only the wealthy can afford to educate their children? I don't even have kids and gladly pay property taxes to support education because education benefits all of us.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

  9. #139
    Goddess of Bacon

    Join Date
    Feb 2007
    Location
    Charlottesville, VA
    Last Seen
    05-28-12 @ 09:35 PM
    Gender
    Lean
    Undisclosed
    Posts
    13,988

    Re: Would the rich miss 5%?

    Quote Originally Posted by disneydude View Post
    First of all....tolls would be much higher if building roads were based solely on tolls.
    Basically what you would have is a system where only the wealthy would be able to drive.

    As far as education....are you really advocating for a system where only the wealthy can afford to educate their children? I don't even have kids and gladly pay property taxes to support education because education benefits all of us.
    I doubt the tolls would be as high as the 10's of thousands I send to the government every year.

    And you know what? I bet the roads would be better taken care of too.

    As for education... what I am advocating is that people who cannot afford to have children, should not have children. If one wasn't paying thousands upon thousands to the government for a failing public school system, one could afford to spend thousands on a more highly functional private school for their child.
    Last edited by rivrrat; 11-20-09 at 09:03 PM.

  10. #140
    Sage
    lizzie's Avatar
    Join Date
    Oct 2009
    Location
    between two worlds
    Last Seen
    @
    Gender
    Lean
    Libertarian
    Posts
    28,581

    Re: Would the rich miss 5%?

    Quote Originally Posted by stalin_was_a_nice_being View Post
    Right. But they are still left with an even bigger amount to spend in one year than you and I could ever hope for.
    Doesn't matter. It's their money, no matter how they made it, or if it was given to them, and regardless of whether you, I, or anyone else approves of the way they made it.

Page 14 of 20 FirstFirst ... 41213141516 ... 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
  •