View Poll Results: Which do you prefer:

Voters
197. You may not vote on this poll
  • 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. #651
    Educator ender1's Avatar
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by mbig View Post
    Yikes! This is Excruciating.
    How embarrassing for me. I'm just used to people being upset with me when I disagree with them. Not so much when they agree with me. I will try to be smarter in the future.

  2. #652
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    Re: Income tax; Flat tax; National Sales tax; No tax

    I vote for a graduated income tax similar to what we have now, with a few changes
    1 million and above 29%

    500,000 to 1 million 23%

    100,000 to 500,000 18%

    75,000 to 100,000 13%

    50,000 to 75,000 8%

    30,000 to 50,000 4%

    20,000 to 30,000 2%

    15,000 to 20,000 1%

    10,000 to 15,000 .5%

    0 to 10,000 .1%

    This way every American pays something for our freedoms and to maintain our country, thats first, next there are “NO” deductions, for anyone. That way the wealthy can't hire accountants to find every deduction that allows them to pay less then many working for them. Eliminate corporate taxes all together, to bring manufacturing jobs back to the US and put more people to work at good paying jobs. Capital gains taxes are eliminated, any income is taxed at the standard rate. If you make a million or 100 dollars in the stock market it's considered income.

    Medicare and Medicaid is taxed much as it is now, only it's reduced to 2% paid by you and 2% paid by the company you work for .. total of 4% with no cut off, it's paid on your total income.

    The percentage can be changed however, the 29% is the cap, it can be broken down into increments, and percentages to work, however I feel that even the lowest of incomes should be something, no matter how small

  3. #653
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    Re: Income tax; Flat tax; National Sales tax; No tax

    If you explained WHAT cookies I might have made a more informed decision.
    CORPORATE GREED AND UNION GREED
    DEMOCRATS AND REPUBLICANS
    DESTROYING THE BEST OF AMERICA ONE DAY AT A TIME

    This is the worst kind of discrimination. The kind against ME! ~ Bender

  4. #654
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by The Barbarian View Post
    Eliminate corporate taxes all together, to bring manufacturing jobs back to the US and put more people to work at good paying jobs. l
    You do know manufacturing jobs have moved overseas to take advantage of the cheap labor, don't you?

  5. #655
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    Re: Income tax; Flat tax; National Sales tax; No tax

    There are many reasons not to go with a consumption tax. Here are a few:

    1. Taxes will make it harder for the poor to buy food. I have heard two solutions to this, both are terrible. The first is to exempt necessities. If you do that, I swear to you that necessities will be determined by what manufacturing plants are in what districts of the party in power. It will give rise to the single largest power grab by either party.

    The other solution is a prebate check to every single American at the beginning of each month based on a percentage of the poverty level. This leaves us with two options. The government sends out more than 300 million checks every month, or you have to file a tax return every month to let the government know who is in your family. When the government tried to pay one time checks of $250 only to military and social security retirees, they sent over 72,000 to inmates and dead people, and missed many of the people who should have actually gotten them. And you think the government could handle 300 million checks a month?

    2. This whole idea that a consumption tax lets you decide what to pay because you don't pay taxes unless you spend the money is basic stupidity. The only way you can get out of paying the national sales tax is to not spend the money EVER. In that case, what is the point of having the money?

    3. Consumption taxes will require businesses to file monthly tax returns that will include many complicated issues, including lump sum contracts, international sales, wholesaler v. resaler issues, non-profit sales, and of course my favorite, lump sum contracts to non-profits. The IRS will also need to perform regular audits to ensure that companies (especially small retailers) are not doing under the table cash sales. If anything the IRS will increase in size to handle the prebates and the monthly sales tax returns.

    4. People with savings that have already been taxed will face double taxation when we switch over to the new system.
    Get informed: UNICEF foreign adoption policy is killing orphans and the US gives $132 million to UNICEF every year. Stop the madness.
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  6. #656
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by friday View Post
    There are many reasons not to go with a consumption tax. Here are a few:

    1. Taxes will make it harder for the poor to buy food. I have heard two solutions to this, both are terrible. The first is to exempt necessities. If you do that, I swear to you that necessities will be determined by what manufacturing plants are in what districts of the party in power. It will give rise to the single largest power grab by either party.

    The other solution is a prebate check to every single American at the beginning of each month based on a percentage of the poverty level. This leaves us with two options. The government sends out more than 300 million checks every month, or you have to file a tax return every month to let the government know who is in your family. When the government tried to pay one time checks of $250 only to military and social security retirees, they sent over 72,000 to inmates and dead people, and missed many of the people who should have actually gotten them. And you think the government could handle 300 million checks a month?

    2. This whole idea that a consumption tax lets you decide what to pay because you don't pay taxes unless you spend the money is basic stupidity. The only way you can get out of paying the national sales tax is to not spend the money EVER. In that case, what is the point of having the money?

    3. Consumption taxes will require businesses to file monthly tax returns that will include many complicated issues, including lump sum contracts, international sales, wholesaler v. resaler issues, non-profit sales, and of course my favorite, lump sum contracts to non-profits. The IRS will also need to perform regular audits to ensure that companies (especially small retailers) are not doing under the table cash sales. If anything the IRS will increase in size to handle the prebates and the monthly sales tax returns.

    4. People with savings that have already been taxed will face double taxation when we switch over to the new system.
    advantages of a consumption tax

    frugal people will be rewarded

    those with illegal incomes will still pay federal taxes

    the poor cannot have their votes bought by promises the rich's tax brackets will be raised

    the power the government gets from the IRS will be stripped

    the time spent complying with the income tax will no longer be wasted



  7. #657
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by TurtleDude View Post
    advantages of a consumption tax

    frugal people will be rewarded

    those with illegal incomes will still pay federal taxes

    the poor cannot have their votes bought by promises the rich's tax brackets will be raised

    the power the government gets from the IRS will be stripped

    the time spent complying with the income tax will no longer be wasted
    Won't a consumption tax reduce consumer spending and increase savings?

  8. #658
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by Dirty Harry View Post
    Won't a consumption tax reduce consumer spending and increase savings?
    In the Watergate era, the shadowy figure of Deep Throat advised Woodward to "follow the money". All you have to do is look at who the advocates of this system are and you have all the answers you need about this issue.
    __________________________________________________ _
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  9. #659
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by Dirty Harry View Post
    Won't a consumption tax reduce consumer spending and increase savings?
    hard to say. with some yes, with others no. but one of this country's problems is excessive consumption and not enough saving



  10. #660
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    Re: Income tax; Flat tax; National Sales tax; No tax

    Quote Originally Posted by haymarket View Post
    In the Watergate era, the shadowy figure of Deep Throat advised Woodward to "follow the money". All you have to do is look at who the advocates of this system are and you have all the answers you need about this issue.
    we need to create an incentive for those who want more government to feel the cost of it



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