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The Water Cooler
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Ron Paul Is Secretly Taking Over The GOP And It's Driving People Insane
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<blockquote data-quote="Clay" data-source="post: 1788347"><p>I'm no math wiz but what you have written here only shows just how fair that type of tax system would be. With the exception of Jill, I do not believe anyone using federal aid should not be taxed on purchases made with it IMO. </p><p>Bob makes 5 mil./year and only spends 2.5 mil. He is living well within his means and he has either worked hard to be in a position of that high income or he was born into it. If the flat tax were 25%, Bob paid $625,000 in taxes.</p><p>Steve makes $65k and spends $60k of that to get by. Steve is living above his means in one way or another. Steve spends $60k a year and pays the same 25% flat tax. Steve paid $15k in taxes. Maybe steve should sell the boat or get a second job to support his lifestyle. </p><p></p><p>So your saying Bob should be penalized because he lives on half his income and pays 2/3 of a million a year in taxes?</p><p>If I made $60k I could live on half that if I chose to. Fact is, I do live on just a little more than half that but I make more that $60k. I could afford a bigger house and a boat but I choose to keep more of my money.</p><p>And I paid a higher % rate in taxes last year than Mitt Romney.</p></blockquote><p></p>
[QUOTE="Clay, post: 1788347"] I'm no math wiz but what you have written here only shows just how fair that type of tax system would be. With the exception of Jill, I do not believe anyone using federal aid should not be taxed on purchases made with it IMO. Bob makes 5 mil./year and only spends 2.5 mil. He is living well within his means and he has either worked hard to be in a position of that high income or he was born into it. If the flat tax were 25%, Bob paid $625,000 in taxes. Steve makes $65k and spends $60k of that to get by. Steve is living above his means in one way or another. Steve spends $60k a year and pays the same 25% flat tax. Steve paid $15k in taxes. Maybe steve should sell the boat or get a second job to support his lifestyle. So your saying Bob should be penalized because he lives on half his income and pays 2/3 of a million a year in taxes? If I made $60k I could live on half that if I chose to. Fact is, I do live on just a little more than half that but I make more that $60k. I could afford a bigger house and a boat but I choose to keep more of my money. And I paid a higher % rate in taxes last year than Mitt Romney. [/QUOTE]
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Ron Paul Is Secretly Taking Over The GOP And It's Driving People Insane
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