Why not just reduce taxes for poorer people

Discussion in 'Economics' started by morganist, Jan 10, 2010.

  1. Strong arguement for the death tax.
    My example is valid for high earners, celebrities, CEO's, etc.
    The only way to tax the uber rich is with a death tax.
     
    #111     Jan 26, 2010
  2. simple solution: One inheritance tax rate, regardless of amount. No loopholes (special entities set up for tax minimization purposes, no gift giving exemptions...)

     
    #112     Jan 26, 2010
  3. There is nothing wrong with our present graduated tax rate system (we have a spending problem not a collection problem), all the other systems progressively help the wealthy. Fairtax, flat tax both shift more of the tax load from the wealthy to the middle class.
    The government spends a fixed amount of money, the mega wealthy save hundreds of millions to billions a year under the fair and flat tax... the difference is made up by the middle class. No one here should be for the flat tax, fairtax or repeal of the death tax.
     
    #113     Jan 26, 2010
  4. You haven't read any information on the FairTax have you? :D
     
    #114     Jan 26, 2010
  5. No clue about the FairTax, yes that obvious, but that's not stopping you from making comments like "Lets not make life more difficult than it is. Tax is on income not on money spend. I dont want to pay a tax because I eat bread, breathe air..."

    Take the time to learn about it. It'll be worth your time and you'll understand why it's so important.
     
    #115     Jan 26, 2010
  6. another lobbyist, exactly the kind of people we all should get rid of....


     
    #116     Jan 26, 2010
  7. heypa

    heypa

    Asia. Either that or a true believer. Both are dangerous.
     
    #117     Jan 26, 2010
  8. So this is the sum of your dispute with the FairTax. Brilliant.

    Do you understand that there would be no Income Tax, Payroll Tax or Capital Gains Tax? You would keep ALL of your gross income.
     
    #118     Jan 26, 2010
  9. heypa

    heypa

    To hell with what I would gain.
    Is it really good for the country to only consider the Federal take and not the sum total tax and fee take.
    SPENDING AT ALL LEVELS IS THE PROBLEM !
    Until that is realistically addressed there is no hope for our Constitutional Republic .
    I live in Kalifornia.
     
    #119     Jan 26, 2010
  10. heypa

    heypa

    The real problem is in how elections are run. I believe that no person or entity should be allowed to aid or influence any election unless they are qualified to vote specifically for the candidate or proposition on a legal official ballot.
    They individually should be disallowed from voting for any initiative if they would not be directly responsible for the monies to pay for it.
    ALSO.
    We need an education system that truly teaches based on facts and encourages logical analysis based on cause and affect.
    Just my humble opinion.
    That should open a pretty good sized can of worms.
     
    #120     Jan 26, 2010