Half of the Population of the US pay no income taxes

Discussion in 'Politics' started by 377OHMS, Feb 20, 2012.

  1. Wallet

    Wallet

    Unless your implying that Buffet and Romney paid nothing in taxes what's wrong with everyone paying the same rate? The OP's angle in this thread is that someone who makes 10K a year pays "nothing"..... where's the logic that someone who pays nada, zip - demands someone else pay more?
     
    #11     Feb 21, 2012
  2. Tsing Tao

    Tsing Tao

    National Sales Tax is the way to go. Abolish income tax.

    Next.
     
    #12     Feb 21, 2012
  3. Mercor

    Mercor

    Social Security is not a tax. You pay into a trust and you get directly get the money back later. But because the Government runs it, unlike like a private 401/IRA, if you die before the payouts the Government keeps the money from your spouse and children.
     
    #13     Feb 21, 2012
  4. Eight

    Eight

    you pay in over decades and you get back after inflation has done decades of work.. It's a childishly stupid scheme that needs to go away..
     
    #14     Feb 21, 2012
  5. And what would you replace it with?
     
    #15     Feb 21, 2012
  6. Tsing Tao

    Tsing Tao

    Private accounts that you could invest how you saw fit but could not touch until retirement - but that were outside of the reach of the federal government to borrow against.
     
    #16     Feb 21, 2012
  7. Bush the Younger, in other words. Privatize SS. Good damn thing nobody listened to that tripe. We would have tent cities of elderly right now.
     
    #17     Feb 21, 2012
  8. Tsing Tao

    Tsing Tao

    Let's hear your argument against it.
     
    #18     Feb 21, 2012
  9. People who cannot read a chart or understand investing/trading, which is the vast majority of Americans.
     
    #19     Feb 21, 2012
  10. pspr

    pspr

    That's the only sane solution. Nobody has any of the money they put into Social Security in an account. The government has "borrowed" every dime and spent it.

    That's why the democraps were so against the Bush plan to supplement SS with private accounts. The democraps saw one of their sources of spending cash drying up. Idiots.

    Also, I guess RCG hasn't noticed that the market recovered from the dip in 2008. If people had been putting their money into stocks instead of the government they would be loaded now instead of seeing every dime absconded by Congress.
     
    #20     Feb 21, 2012