![]() |
Huckabee's chances at Presidency ZERO now
WASHINGTON (AP) ? Replace the federal income tax with a 23 percent national sales tax, GOP presidential candidate Mike Huckabee says.
Yes let's add another 70 cents to $1 to a gallon of gas. Not to mention everything else. |
Hucka who?
Oh, nevermind. It doesn't matter anyway. |
Quote:
Short term it would appear to push prices up, but people would also be going home with a bunch more on their paycheck every week, so it would all balance out. Too much of a shift, so it is unlikely that anyone would do it. |
Quote:
Like Clinton, he's a former Arkansas governor. |
edit: nevermind, no political discussions for me while drinking
|
I don't think it needs to be 23%, but a flat tax would be a winner
|
Quote:
The same guy making $50K a year would have to spend less than 11% of his income on items subject to this tax to come out ahead. I'm 100% positive it would be higher than 11%. If this pased the economy would TANK. FACT: # of low middle income voters > # of higher income voters. No one is going to vote for more taxes. |
Didn't know who he was but doesn't seem to matter lol
|
Quote:
http://www.heritage.org/Research/Taxes/bg1866.cfm |
Quote:
|
Quote:
|
Quote:
most of the low income friends I have end up paying MORE than the upper class people I know....when my lower class friends end up paying 35-45% every year, the upper class end up paying 15-20% because of crafty accounting the tax system is totally fucked, and it is not favoring the lower class ONE BIT |
Quote:
flat tax would be a totally positive move for sure |
im in favor of flat tax. and dont let them bullshit you on how they wouldnt be able to collect enough taxes to run the fucking government. these assholes already waste more than half the money we give them so if they were forced to cut waste they could survive on it easily.
|
Quote:
Where did I say they pay no taxes? We're talking about INCOME taxes spefically. And the highest income tax rate is 35% and you have to make over $320K to get into that bracket. here's some simple math. man wife 2 kids $50K income. Marrid filing jointly $10,300 dedection. $3300 for every dependant which includes yourself 4X$3300 is $13,200. Total deductions $23,500. Income subject to income tax $26500 Amount of income taxes $2774, but wait there is also the Child Tax Credit. $1000 per child 2 children=$2000 $2774-$2000 = $774 owed in taxes. $774 of $50k = 1.5% of income goes to paying federal income taxes. Same man but only makes $25,000 $0 owed in federal income taxes and recieves $2800 check for earned income credit Are you saying in each case they be better pay paying 23% sales tax? |
Quote:
|
Quote:
I'm in favor of more simplified tax code. Bush claimw to be in favor of this so naturally we went from 5 tax brackets to 6. Yes MORE brackets is simpler Bush. 3 brackets is enough. You are either poor, middle class or rich. |
Quote:
Quote:
Quote:
|
Quote:
|
they should eliminate all taxes, everyone who has over $10 million in assets gets it all seized, no loopholes , once you reach 10 mill ytou have to either give it away or have the gov seize it.. 10 mill is enough for any man
|
Quote:
|
Quote:
|
Quote:
|
But this would encourage conservation and reduce debt growth, and that's A Really Bad Thing under our current economic system. (if you'd prefer to postpone its collapse)
|
Quote:
|
Quote:
but if we are talking percentages then no way, the lower class always end up paying a higher overall percentage shit, before I had enough money to pay an accountant I was paying 34% of my income to the IRS every year...INSANE...while I had friends that made well over $500k a year and would end up paying 21-22% because they had ways and means to make it happen |
Quote:
Here is the tax table: http://www.irs.gov/formspubs/article...133517,00.html How could you be paying that much? I'll also add that your friends were still paying in $100k with your numbers, which is a lot of money. |
Quote:
|
This is the guy who doesnt believe in evolution
|
Quote:
|
Quote:
There is NO way you were paying 34% of your income in INCOME TAXES. You have a shitty accountant. You do realize we are making a dsinction between INCOME taxes and FICA taxes, sales taxes etc etc. I'm talking about one specific tax. |
Quote:
yeah, I had a shitty accountant back then, the same accountant majority of people making under $50k a year have, THEMSELVES not everyone can afford an accountant man, I didn't have one until 2 years ago and I am 32 |
you all really seem to think that the majority of the lower class people in the USA all have accountants and know about every single deduction they are allowed to have....fact is, most people get a tax form, fill it out, and hope they get money back
a lot of my relatives are poor kentucky folks and i don't think they know about half these deductions and tax games....they get a pay check, tear off the stub, fill out a form at the end of the year and get some money back.... |
Quote:
And I'm telling you that if you sent 34% of your income to the IRS then you really suck at doing taxes. |
Quote:
yes, you are awesome, we get it.... but do you not get that majority of america is not like you? the majority of america does not think for themselves the majority of america doesn't think they can cut corners or get any sort of deductions on taxes |
Quote:
Well if you fill your w-4 form out right, that's the one you fill out when you start a job, you should owe zero taxes and get back zero. I find it funny when I hear peole brag out how much thier refund check is. I think "Yeah get back money you didnt need to pay anyways and the government gives it back to you with ZERO interest". Get a governemnt loan. They'll want interest. When they "borrow" it from you you get NONE. How are are taxes if you are low income? It tells you right on the fucking form Married you get this much dedcution, Single this much, Head of household this much. You can't tell which you are? This past year you got $3300 per dependant. Know how I know? It's on the form! Now if it's you your wife and 2 kids, DUH that's FOUR dependants. |
Quote:
Any poor person that think a 23% sale atxes make it better for them than the current sytem deserves to get a 23% sales tax. Sure most people aren't like me. Sorry I seem upset and sorry you appearantly accept mediocrity out of our peole. |
A national sales tax in lieu of an income tax utterly fucks the poor and does a good job of fucking the middle class too. It just won't happen. As a libertarian, I'm all for dramatically lower taxes, but the national sales tax just isn't the answer.
|
my bf's brother is that typical man,wife and a kid and they hardly pay any taxes, and they got a nice fat refund this April. Already spent it ... boggles the mind!
we on the other hand are fucked paying for someone's brat to go to school and other gov't waste bring on the sales tax the way we spend we'll probably pay $1000 a year in sales tax :D and while they're at it time to get rid of FICA this social security and medicare shit should be optional I could do a lot with an extra $6000 plus we already pay property tax that funds the local hospitals |
The number "23%" is just a number.
Yes, flat taxes do put pressure on the poor, but it gets back to the old trickle down theory - if the rich don't have to pay so much in taxes, they will have money to invest and put into actually doing things, which should raise employment and therefore over time improve the lives of the poor. See Ronald Reagan, trickle down economy (aka Voodoo Economics). The change would be shocking, which is why it would never happen, but the ends results would likely be quite good. |
Quote:
|
Quote:
|
Quote:
Quote:
|
Quote:
The whole idea that someone gives the government $1000 over the coruse of a year then the governement gives it all back to them is retarded. Why not just not have them pay it in the first place? How many tax $$$ are going into creating jobs for people to recieve the $1000 and then to send it back to the taxpayer? |
Quote:
Now, you can jump on Huckabee for even presenting this idea, but even if it isn't the right idea for America at this moment...it at least stimulates discussion on the topic of tax reform. Even if the idea of a flat tax sucks, let the other candidates come up with something better instead of doing what politicians do nowadays, they say, "We're for tax reform" and they never state their policy or plans. Huckabee stood a snowball's chance in hell of winning anything, so I like candidates that have no chance throwing topics into the debate and let the frontrunners be forced to deal with the issues, forced to come up with platforms, etc, etc. Haven't we elected enough people that just say shit to get elected with no plan of action? I think we have. |
Quote:
Do you understand that the FLAT Tax and Federal Sales Tax are two completely different ideas? I'm not sure a national sales tax is allowed under the Constitution. |
Quote:
I'm just failing to get what you're complaining about. At first, it was that low income pays higher taxes than the rich (although the lowest 40% of the country doesn't pay a dime). Now it's that a basic 1040 or 1040-EZ is filled with games and can't be figured out by a normal person. I don't know if you've looked at the basic tax forms, but they're fairly easy to do if you read the instructions. You can even call the IRS directly with questions. |
I'll add that I'm not someone who is against a progressive tax system. I just hate seeing people saying that our system is built for the rich and fucks the poor.
If you look at the numbers, the system is fantastic for low income households. Only a few percent of incomes under $30,000 pay any taxes at all. 40% of the country in fact won't pay a dime. The top 5% pay over half. 60% of the population uses more funds than they pay in, which means 40% of the country is supporting the other 60%. I just don't see what else you want. Do you want 50% of the country not to pay taxes? Do you want rich people to pay 50% of their income to taxes? I just don't see what lower income people could possibly complain about. |
Quote:
Now I'd like to see what the other candidates have to say on this issue. |
| All times are GMT -7. The time now is 12:54 PM. |
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123