Taxes Too High? Think again...

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Wise One
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Re: Sheesh...

Postby Wise One » 2011 Apr 21 22:23

"If your only tool is a hammer, every problem looks like Donald Trump."

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Crux
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OK

Postby Crux » 2011 Apr 21 23:16

crux identifies with American Principles. Personal Liberty, Respect and Limited government.
He is a classic liberal, a libertarian at heart, and a conservative in the classical sense...

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Wise One
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Re: Taxes Too High? Think again...

Postby Wise One » 2011 Apr 22 00:14

"If your only tool is a hammer, every problem looks like Donald Trump."

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Sam
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Re: Taxes Too High? Think again...

Postby Sam » 2011 Apr 22 07:10

Only in America could the people who believe in balancing the budget and sticking by the country's Constitution be thought of as
"extremists

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fangz1956
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Re: Taxes Too High? Think again...

Postby fangz1956 » 2011 Apr 22 07:32

Ever looked at someone and thought "the wheel is turning but the hamster is dead"?

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Crux
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I'll pick door number 5...

Postby Crux » 2011 Apr 22 08:53

...the federal government can not take more than 10% of any persons income, in a given year...

This sounds about right.
crux identifies with American Principles. Personal Liberty, Respect and Limited government.
He is a classic liberal, a libertarian at heart, and a conservative in the classical sense...

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Wise One
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Re: Taxes Too High? Think again...

Postby Wise One » 2011 Apr 22 11:40

I still do not understand. It appears that you have added a fifth possible tax schedule.
Will you simply pick one tax schedule, the one you believe to be the best and fairest?
"If your only tool is a hammer, every problem looks like Donald Trump."

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Neck-aint-red
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Re: Taxes Too High? Think again...

Postby Neck-aint-red » 2011 Apr 22 12:11

Give it up, Wise One.
That guy is Lucy, always yanking the football away at the last moment.
Crux will never state a position of his own or take accountability for anything.
His purpose in life is to criticize and demean others.
But I admire your persistence and civility!

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Sam
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Re: Taxes Too High? Think again...

Postby Sam » 2011 Apr 22 14:57

Hey Crux or Lucy we need to meet and toss a few back you are doing great
Only in America could the people who believe in balancing the budget and sticking by the country's Constitution be thought of as
"extremists

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Neck-aint-red
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Re: Taxes Too High? Think again...

Postby Neck-aint-red » 2011 Apr 22 15:52

Sam, I am curious.
You seem otherwise to be a pretty reasonable fellow.
So I am interested why you seem to admire Crux's obstinate refusal to answer a simple question?
I can make no sense of it.

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Crux
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Double standard...false premise. YA THINK?

Postby Crux » 2011 Apr 22 16:08

Where's the discernment? I have answered the question quite well for you to get the feel of where I am coming from and then some... I have asked questions that go unanswered. AO will not disclose the measures by which he will "calculate". Further, he will not comment upon the charts I asked if he might consult... Besides, there are MANY tax issues in play. Corporate tax, capital gains, etc. We would all be better off with a greatly simplified system. I have said I like the Fairtax, which AO just boo-hoos. I have suggested some percentages for income tax schemes which would be far simpler. Was it only number 5? I like a 10% MAX tax on say, all income, WHATEVER THAT would look like.

Here is another, call it number 6, although, income tax is not perhaps as good as a consumption tax...

5% tax on all incomes from poverty level to 75K, 10% on 76K-276K, and 15% on 277K and above...


SHRINK the Federal Government and take the power back to the State and local level where we have a greater control over our SO_CALLED representatives. You guys are really something as we have Gold at 1500$, GAS heading for 5$/gallon, food up 10% in the last 35 days, on top of the increases of the PREVIOUS 70 days, and you gain such pleasure in glad handing AO in a completely uncritical way. :hum:

"Crux will never state a position of his own or take accountability for anything.
His purpose in life is to criticize and demean others.
But I admire your persistence and civility!", says Neck... THERE YOU GO. This is a fine example of both DOUBLE STANDARD, and FALSE PREMISE.

Hey Red, and NUDGE, just curious:

1. Do you think that it is a fair share of the tax burden that 1% of tax filers pay 40% of taxes collected?
2. Do you think it is a FAIR SHARE that 10% of tax filers pay 70% of taxes collected?
3. Do you think the bottom 50% actually RECEIVING money in aggregate from taxpayers through redistribution is fair?

You know I think it odd you and others just pile on, attack, and accuse SO, when not only have I more than answered AO about WHAT MIGHT BE... When he and YOU ALL for that matter might confront, WHAT IS, and answer my queries, at least as well as I have answered AO's...

He has even indicated that I DID answer, albeit in 5, now 6 different options that accomplish better than what IS....

LUCY :gun2:
crux identifies with American Principles. Personal Liberty, Respect and Limited government.
He is a classic liberal, a libertarian at heart, and a conservative in the classical sense...

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Wise One
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Re: Taxes Too High? Think again...

Postby Wise One » 2011 Apr 22 16:21

So now it is up to a possible 6 quite different tax schedules.
It is crystal clear you will never commit to a defined tax schedule as fair.
Therefore its revenue distribution consequences can never be assessed.
Your only interest is complaining about everything and everybody.
It's tiresome and I'm done.
"If your only tool is a hammer, every problem looks like Donald Trump."

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Sam
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Re: Taxes Too High? Think again...

Postby Sam » 2011 Apr 22 17:43

Only in America could the people who believe in balancing the budget and sticking by the country's Constitution be thought of as
"extremists

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Neck-aint-red
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Re: Taxes Too High? Think again...

Postby Neck-aint-red » 2011 Apr 22 18:44

Gee, Sam, it's just a pretty strong impression I have from watching him in action. Not pretty.
If he's to your taste, more power to you but I'd choose you for a drinking buddy over him any day!

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Sam
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Re: Taxes Too High? Think again...

Postby Sam » 2011 Apr 22 19:20

Well Pal, and my neck ain't red either. Well maybe a little. I think Crux has more depth than others see. I like to see the good in all if I can. I think Fangz is a deep thinker and usually enjoy many of her postings except when she gets her back up....then she can get pretty vivid in her manner. Now this gal Amy seems to be ready for a good match but then she may have other stuff on her plate. I rather enjoy Coondog he has some humor and believe Wise Guy has lost it with Crux.

But maybe we can all settle down now that those who don't want to view some's postings can block them and maybe we all can get about the business of discussing or sharing our various viewpoints. So I favor a good old stiff jack Daniels = it goes down pretty smooth. Now lets see where is that JD?
Only in America could the people who believe in balancing the budget and sticking by the country's Constitution be thought of as
"extremists

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Crux
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The silence is deafening!!!

Postby Crux » 2011 Apr 22 23:43

1. Do you think that it is a fair share of the tax burden that 1% of tax filers pay 40% of taxes collected?
2. Do you think it is a FAIR SHARE that 10% of tax filers pay 70% of taxes collected?
3. Do you think the bottom 50% actually RECEIVING money in aggregate from taxpayers through redistribution is fair?

It is a very serious situation here.

Medicare and Social Security are ALONE 107 trillion in the hole when it comes to unfunded federal mandates... Another view is that this country is going to run deficits for as far as the eye can see if EVERY REVENUE DOLLAR was directed at ONLY the entitlements of MC,MA,and SS... We have stagflation, the whacky attempt to reinflate the housingg bubble...commodity prices like oil, gold and energy SOAR as our Fed quantitatively eased the dollar down...The Left celebrates EARTH DAY and it's "green energy" ASSAULT upon the indigent, the poor and the middle class...

And you think I am loony?

:dontknow:

The Government needs to get out the way...we need to stop the command economy.
crux identifies with American Principles. Personal Liberty, Respect and Limited government.
He is a classic liberal, a libertarian at heart, and a conservative in the classical sense...

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Sam
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Re: Taxes Too High? Think again...

Postby Sam » 2011 Apr 23 07:16

From what I read and hear, I have drawn the conclusion that we as a country are going to go bankrupt. There is no other way we are headed. I have been buying silver because when the green backs become useless and they will silver will still be accepted. Long after Rome was destroyed, the silver coins they issued still are worth something. Our country is in deep trouble. The Federal Reserve hires the Treasury to print up the paper money, and I read somewhere they don't pay a dollar for a dollar. Then that money goes after goods and services if there are any goods left in America. They even give it to banks at is's dollar value. Maybe if the Federal Reserve shut down the presses they could stop inflation.
Only in America could the people who believe in balancing the budget and sticking by the country's Constitution be thought of as
"extremists

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Neck-aint-red
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Re: Taxes Too High? Think again...

Postby Neck-aint-red » 2011 Apr 23 09:03

I came upon a restatement of right wing claptrap today: "If 1 percent of the population pays 39.1 percent of all federal income tax receipts and 40 percent of the population pays nothing, which group is the glutton? Which is the plunderer? "

By exaggerating our actual tax schedule, the argument below shows the suggestion implied above is nonsense.

Suppose a village has only 3 families, with the following incomes:

A = $3,000/year from doing occasional odd jobs for B and C. He and his wife are elderly and mostly disabled
B = $43,750/year from buying and selling collectibles on the internet
C = $1,003,750/year ($103,750 salary from serving on corporate boards and the rest in capital gains)

Rats have infested the village and they need to buy traps and put them everywhere. For this common purpose they decide after some squabbling to tax themselves, A and C outvoting B to adopt this tax schedule:
10% on earned income, with a personal exemption of $3,750 so tax bills arrive in these amounts:

A = $ 0 which is 0% of the total revenue collected and 0% of his total income
B = $4,000 which is 29% of the total revenue collected and 9.1% of his total income
C = $10,000 which is 71% of the total revenue collected and 1% of his total income

Is this fair? If not, which is unjust?
The free ride received by A, the poor guy?
The miniscule tax rate paid by C, the rich guy?
The large percentage taken from B, the middle class guy? (He's definitely pissed off.)
The large percentage of total revenue contributed by C, the rich guy?

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Sam
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Re: Taxes Too High? Think again...

Postby Sam » 2011 Apr 23 09:51

Only in America could the people who believe in balancing the budget and sticking by the country's Constitution be thought of as
"extremists

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Neck-aint-red
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Re: Taxes Too High? Think again...

Postby Neck-aint-red » 2011 Apr 23 10:13

yes how about that


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