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and btw - i do have a company, i do have employees and i do pay corporate and personal income tax how about you? |
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The 'fiscal cliff' discussion is much less important than most people think. 2 or 3 points of taxation will have zero impact on the way most companies operate. Bush lowering the rate didn't create jobs and Obama raising the rate won't solve the deficit. On the revenue side of the equation, the main problem is globalization and the rise of corporate interests superseding the financial health of the nation. What should be done is a complete overhaul of the entire tax code... no marginal rate change matters when only some people are actually paying the stated rates. The buffet rule is a good start. Doing away with carried interest would be a smart move. Taxing capital gains as ordinary income makes sense... but these specifics ONLY work as part of a much larger policy change. The much bigger issues are on the spending side of the equation because we have allowed necessities to be rationed out by private industries. True single payer health care that provides basic medical coverage for every citizen would have a profoundly positive impact on the financial situation we are in... but it requires people to accept the notion that some people will 'get' more than they 'put in' to the system. Real single payer health care with supplemental private insurance and cash doctors available for anyone who wants to opt out if it is the only logical way to revamp medicare and social security. It would allow data mining, create opportunities of much greater efficiency and reduce total costs over time dramatically if implemented properly. If you see the implications we face in the future as I have illustrated in our discussion as the eventual outcome... NOW is the time to start making some of the very big gradual changes that need to be made. Instead of dicking around with a few hundred million of cuts or mentally masturbating over the importance of 2-3 points on fictional marginal rates that many people do not pay... we ought to be having real discussions about actually fixing things. You could cut marginal rates dramatically (some think tanks estimate a top rate of 15%) if you also instituted a national sales tax. A national sales tax would allow the government to properly tax internet commerce, would tax people on what they buy not on what they earn and would hit those most able to pay taxes (by virtue of their decision to spend) rather than hitting those who are earning income with an eye toward saving for a productive use. |
here is an easy fix:
1. Tax the value of employer paid healthcare. (why should employees not pay tax of this benefit? Those who dont get this benefit from their employer should be very upset) 2. Outsource services (ie medicare could be done by Kaiser) The US government is not good at managing their business - outsourcing could reduce the cost significantly (government waste is eliminated) 3. Audit 25% of all tax filings by individuals (most people cheat a little in taxes) there you have it.. back in the black. |
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I know you wont read it as I've already posted it once in this topic.. However if hell happened to freeze over and you are looking to actually educate yourself rather than vomit your typical hate filled nonsense then by all means have a read. http://www.cbpp.org/cms/index.cfm?fa=view&id=3505 Also it's quite funny that Reagan is the GOP's hero but they never seem to listen to what he said. This shows how far to the extremes the Republican party has moved in the last 20 years. Reagan would probably be ashamed if he saw what the Right wing has turned into today. |
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so please clarify... what solution/policy are you proposing or are in favor of? |
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You're not intelligent enough to understand what we're talking about. |
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let's say a flat 15-20% corporate tax. everywhere. and a personal income tax with little to no tax for small incomes (unless you forbid companies to employ people for $2 per hour) and a maximum of 30% for people over 1 million $ a year. and no loopholes or crazy deductions no government can work without money and i have too many socialist ideas that need to be financed :winkwink: like free kindergarten, school, university - education should not depend on the wealth of the parents and investing in education pays out later when those people earn money thanks to that. or reasonable health care for everyone :) and then of course lots of spending needs to be cut too - like subsidizing oil companies which make record profits (and then pay no taxes on it), insane military spending, huge overhead of government personnel etc. but excuse me when i cant pull a bullet proof plan out of my sleeve in 5 minutes when no one else can with way much more time on their hands. but i hope you get the idea. |
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You misunderstand the topic, run and find a link to something else entirely, and then spew your idiot logic at your betters. Learn to enjoy your shitty life. It's not likely to improve. :1orglaugh |
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http://www.cbpp.org/cms/index.cfm?fa=view&id=3505 facts? one just needs to read the first sentence "Close to half of U.S. households currently do not owe federal income tax."... I don't see where in that report that fact is denied... please spell out exactly where you think that fact is denied... :2 cents: |
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Now lets hear how they pay "more" meaning volume of dollars which is "less" when talking how the actual tax system works, which is by percentage. La dee da and round it goes again. I'll leave you all to it, lol.
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Read the fucking article instead of the first sentence. "These figures cover only the federal income tax and ignore the substantial amounts of other federal taxes — especially the payroll tax — that many of these households pay. As a result, these figures greatly overstate the share of households that do not pay federal taxes. Tax Policy Center data show that only about 17 percent of households did not pay any federal income tax or payroll tax in 2009, despite the high unemployment and temporary tax cuts that marked that year.[5] In 2007, a more typical year, the figure was 14 percent. This percentage would be even lower if it reflected other federal taxes that households pay, including excise taxes on gasoline and other items." Don't be a freaking tool.. The 47% paying no taxes was just one federal tax and has been misrepresented to the American public as a way to push their agenda. The people that "OWE" no Federal Income Tax at the end of the year have already paid their fair share of Federal Payroll Tax. The 47% is nothing more than a play of words by the right wing to misrepresent the facts. The people they claim don't pay taxes have already paid their taxes via the Fed Payroll tax and simply just do not owe anything at the end of the year after their taxes are filed. |
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so it's not quite in the same category as "federal income tax", which gets taken away from you, is spent foolishly, never to be seen again... :2 cents: |
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Your betters pay more by both % AND volume than you do. |
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LOL jesus woj has turned into Bill O'Reilly :1orglaugh
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any democracy that has more poor than rich is doing exactly that. Do you have another governmental form that would do better? |
the Republic has endured almost 250 years, doesn't mean it will last forever, conditions change, the Constitution is just a document in the end. If things get out of hand one day you could see a military dictatorship take control. Won't be in my lifetime I doubt.
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http://www.guardian.co.uk/world/2012...lation-charges |
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why do so many people in these discussions always avoid to answer certain questions? |
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Funny since lots of people like to claim more people are relying on welfare and handouts since he's taken office. In reality, more were relying on welfare and handouts while not paying taxes when a Republican was president. |
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so frankly, if the republicans were to 'realize their dream', they'd be dead in the water 4 years later |
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it's just a bait for "ad hominem" type arguments... :2 cents: |
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how do you figure? wasn't that group the first to get supplies to NEW YORK after Hurricane Sandy? |
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You want people's money "taken away or redistributed" I can't agree with that at all. What incentive would be left for people to try to be successful if in the end they have their money "taken away or redistributed"? Nope, we have just parted ways on this subject. :) |
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Not all "ignorant" people are dumb at all. I'm completely ignorant on how to build the cameras that I use. But I'm well educated on how to use them. Dumb would be someone unable to learn. Ignorant is just a condition of not having access or desire to learn certain subjects. Don't forget, we are on a porn board. No matter how much info any of us read or try to understand about what the crooks in Washington D.C. are doing...we are still essentially ignorant of how things really work. We can only make "educated guesses" So to make your statements as if they are fact and a starting point for the discussion is kinda...ignorant. :) |
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you should really have a long think about why you read it the way you did cause it's disturbing how often you go back to framing me as a communist. |
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I read what you said and quoted it. I was shocked by what I thought you were saying in that post. The way it was written sounded like you meant to take people's money. You didn't explain yourself or communicate what you meant very well. That doesn't mean you should attack me because I didn't catch the meaning of your post. Quote:
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we were talking about federal spending, what part of that sounds like i was meaning to take away peoples money? what part of 'i don't want to raise taxes' sounds like i want to take away peoples money? however, what part of your statements really sounds like you're making me out ot be some sort of "TAX ALL RICH PEOPLE"? all of them? even if i have continually, specifically, state the opposite? have i backed up the 'fuck' enough for you? or should i continue |
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Here is what Fred Smith says : On Tuesday, FedEx Chairman and CEO Fred Smith, an adviser to Sen. John McCain's presidential campaign, said that the notion that tax hikes on the richest Americans would kill jobs was simply "mythology."
http://www.huffingtonpost.com/2012/1...ef=mostpopular Lets discredit him now like they do to Warren Buffet because he doesnt tow the bullshit line. 500 political masturbations |
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Hey wait a minute...are you saying that the cat symbolizes the US taxpayer and the govt. should take all our money? I KNEW IT!!!! :1orglaugh |
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Doesn't really matter how much revenue they take in, the govt won't use it to pay down the debt. They will just keep spending it like they are doing right now at 10 billion dollars per day. :( |
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But Tony, why would you point out one or two guys that say one thing when we both know damn well there are hundreds of other Fortune 500, Fortune 1000, Fortune 5000 CEOs that say the exact opposite. :-) If we go on "voting numbers" alone, which many seem to champion when it comes to things like Mr. Obama's wonderful success, Fred Smith's opinion means jack. |
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