View Poll Results: Which do you prefer:

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  • Income tax - no changes in the status quo

    39 19.80%
  • Flat tax - Everyone pays the same %

    67 34.01%
  • National sales tax - don't spend, you don't pay taxes

    47 23.86%
  • No tax - Unconstitutional - rely on private donations

    10 5.08%
  • Other - explain

    21 10.66%
  • Cookies!

    13 6.60%
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Thread: Income tax; Flat tax; National Sales tax; No tax

  1. #631
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by cpwill View Post
    fairness, yes, i'd say that's what i want. all those who use government services pay for them; those who make little, pay little, those who make more, pay more.

    frankly, i'd rather see the whole thing replaced with a national sales tax a'la the Fair Tax; that way what you pay is voluntary.

    hyperbole about tiny tim irrespective
    It would only be voluntary if the tax was not applied to essential items, like food, clothing and shelter
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by Lord Tammerlain View Post
    It would only be voluntary if the tax was not applied to essential items, like food, clothing and shelter
    under the FairTax legislation those items are taxed (everything is at the retail level); but each family get's a prebate which negates the tax up to the poverty line.

  3. #633
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by cpwill View Post
    under the FairTax legislation those items are taxed (everything is at the retail level); but each family get's a prebate which negates the tax up to the poverty line.
    It is still an involuntary tax as people do need to purchase food, clothing and shelter.
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    Re: Income tax; Flat tax; National Sales tax; No tax

    I don't want to encourage people to not spend or to spend. I'll let that up to them. ergo, no national sales tax. I do want them to produce and they will produce because they have to in order to live. So let's tax the necessary flow of money - the earning. Flat tax is the answer so long as we get rid of ALL deductions and tax loop holes. Since tax revenue is 18% of GDP, that would mean a rough estimate of 18% flat tax rate across the nation. That doesn't seem unaffordable to me by any means and encourages people to both produce and spend as they would like. It would also be decreased significantly if we stopped entitlement programs and unnecessary military funding... I've read an estimate that it could be down to 13% flat tax.

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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by Lord Tammerlain View Post
    It is still an involuntary tax as people do need to purchase food, clothing and shelter.
    Their are exemptions built into the fair tax

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    Re: Income tax; Flat tax; National Sales tax; No tax

    I'm for the national sales tax, exempting food only.

    If we have money to buy things, the government makes money. And visa-versa. Our government should rise and fall (money wise) according to the ability of the populous to purchase. i.e: We suffer, they suffer. We prosper, they prosper.

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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by Mickey Shane View Post
    I'm for the national sales tax, exempting food only.

    If we have money to buy things, the government makes money. And visa-versa. Our government should rise and fall (money wise) according to the ability of the populous to purchase. i.e: We suffer, they suffer. We prosper, they prosper.
    an exception for food actually isn't nescesary. The fairtax would give a rebate that would make essential purchased tax free, which would therefore include essentials on food.

    No taxes on food would also result in the rich and middle class getting huge amounts of tax free food, which would SEVERLY drive up the tax rate to make the system have as much tax revenue as the current system.

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    Re: Income tax; Flat tax; National Sales tax; No tax

    A tax on wealth, along the lines of what was once proposed by Donald Trump himself, is badly needed. Trump wanted a tax of 14.25% on all wealth above ten million dollars back in 1999.
    Last edited by haymarket; 01-16-11 at 09:01 AM.
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by haymarket View Post
    A tax on wealth, along the lines of what was once proposed by Donald Trump himself, is badly needed. Trump wanted a tax of 14.25% on all wealth above ten million dollars back in 1999.
    This has to be the worst idea in a world of bad ideas. So we want to discourage savings and have America be more of a consumer society. Exactly the remedy to fix the economy we used for the last 25 years with such horrible results.

    While this would no doubt make accountants rich, this is nuts. Would this tax be annual, so that after 7 years ou would have nothing left or a one shot deal so you have to find a way to shift wealth from one year to another.

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    Re: Income tax; Flat tax; National Sales tax; No tax

    The Fair Tax
    "I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money." -Thomas Sowell

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