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Posted

How many of you agree or disagree with this.

Would it not make more sense to have a flat tax or consumption tax that is fair and even and do away with the huge complicated bloated tax code that favors the rich and corporations.

http://www.abolishirsnow.com/

Posted

Make it a flat income tax on every dollar earned - whether active or passive - above the existential minimum and I am on board.

I am ok with that.. Also have a cut off. Maybe the first 18K for a two person household is not taxed or some other figure

Filed: Timeline
Posted

I am ok with that.. Also have a cut off. Maybe the first 18K for a two person household is not taxed or some other figure

Exactly. Determine the existential minimum and leave that alone. Every dollar after that is taxed a percentage. No exception, no deduction, no exclusion, no off-shoring, nothing. I think we'd all be surprised how low a tax rate we would come up with.

Filed: IR-1/CR-1 Visa Country: China
Timeline
Posted

there is flat tax or fair tax. Gary (of Gary and Alla fame) has outlined what's what multiple times already - I'm behind him, 100 percent, on his approach and implementation.

Sometimes my language usage seems confusing - please feel free to 'read it twice', just in case !
Ya know, you can find the answer to your question with the advanced search tool, when using a PC? Ditch the handphone, come back later on a PC, and try again.

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Filed: Timeline
Posted

Congress would never go for it. They wouldn't be able to hand out tax breaks to their donors if they did that.

That's right. The moneyed interests have purchased the tax code the way it is. Which is why their share of the tax collection has gone down so much. We regular folk are the suckers in this game and it ain't the poor that make out like thieves. It's those that can afford to purchase special tax code provisions from Congress.

Posted

Exactly. Determine the existential minimum and leave that alone. Every dollar after that is taxed a percentage. No exception, no deduction, no exclusion, no off-shoring, nothing. I think we'd all be surprised how low a tax rate we would come up with.

Ok then if two people that are such polar opposite can arrive at such a common sense solution and it is so obvious why can't we get it done ?

Cause they have us fighting about gay rights, abortion, and who is screwing us least Dems or Pubs.

Filed: Timeline
Posted

Ok then if two people that are such polar opposite can arrive at such a common sense solution and it is so obvious why can't we get it done ?

Cause they have us fighting about gay rights, abortion, and who is screwing us least Dems or Pubs.

See my post above yours. That's why. We're ruled by corporations no matter who holds the Congress or White House.

 

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