Quote:
Originally Posted by Robbie
I see it the "old fashioned" way.
People who get money from the govt. but don't pay ANY taxes are getting a so-called "better deal".
People who are employees and have their taxes taken out of their check each week and think they are high on the hog at the end of the year when they get a "refund" are sheep.
True middle class business owners (like myself) are getting a MUCH better deal through this lowered tax rate. I'm an LLC corporation since 1998.
Already this year I have re-invested new money in my business. Bought a brand new camera (the awesome Canon xf-705), new lights, and also a brand new wireless system for the audio.
Bought 2 new cars as well.
And don't get me started about the thousands of dollars I blew on music equipment for my band just since Dec.
And no, I didn't buy it with my "tax break". I bought it because the economy is roaring and we are making money. My confidence is up...as it is in the rest of the country's consumer confidence, far above anything over the last decade.
All of that adds up to charging up the economy. Which was THE point of the tax breaks...along with creating the right business environment to create new and HIGH PAYING jobs.
In my opinion...we are ALL getting a "better deal" because of the obvious common sense benefits to economic growth.
Now the 44% of Americans who pay NO Federal Income Tax? Of course they want those of us who do pay to pay MORE!
My opinion of that? Fuck them.
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Robbie, you know we could argue till the moon turns orange with pink dots and neither of us will really know who is paying the bulk of the taxes. But the IRS shows us it has been those in the middle.
We can't begin to talk the complexity of corp taxes.
Only personal taxes.
That's why I say it should be the same rate for everyone at all levels.
I can't find a real justifiable reason to discriminate with the rate.
Want to help the poor. Increase the standard deduction and everyone gets the same treatment.
But many discussing these issues are not separating biz tax vs personal itx.
So not everyone here is taking the same color orange. Many are not familiar with biz taxes or only as a proprietor. Not Corp or LLC.
But I will say for as long as we can subsidize farms and oil company's, we can subsidize people too.
I would like to get rid of all those subsidies. tax everyone the same. Stop this class warfare.