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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="71buickfreak" data-source="post: 1788462" data-attributes="member: 8373"><p>Clay, that's bullcrap. Yes, your own situation is under your control to a point. I chose to have 3 kids, wouldn't have it any other way. I live well on my income, and I love my work. The point is this- if we are going to tax the people, tax them proportionately. Sales tax-based income taxes are not fair, period. I don't mind paying taxes, but I should not have to be taxed on more of my income than some guy who makes 1 million a year. With great income comes great responsibility. Flat tax is far superior to sales tax. A flat tax taxes the dollar amount earned, not the amount spent because like one person said, it all gets spent eventually. It becomes really simple- you earn $1, you owe 10 cents to tax, no shelters, no rebates, no incentives. Just pay the tax and be done with it. You earn 1 million a year? great, pay up. You earn 20k a year, that sucks, pay up. eliminate the loopholes by making taxes fair. I am happy for you, if you can make 5 million a year, congratulations. Now pay your dues for living here. There will have to be concessions for the poor, you just can't tax the poor, it isn't right. Once you are poor, it is extremely difficult to get out of that situation. You can say all you want, but I have been there. My parents lost their business in a hostile takeover when I was 15. We were very well off, not uber-rich, but I wanted for nothing. Then, literally overnight, everything was taken from them. They never recovered. It eventually tooks it's toll on my dad and he died from the stress. I have built my business from nothing, it is extremely difficult to do it. I took a huge risk, quitting my day job and going at it on my own. I one of a handful of full-time freelance automotive journalists, that actually supports his family with it. All of this is besides the point. Obama paid less taxes both percentage and actual cash value, than the assistants that work in his office. Of course Obama is using this as a campaign point, but the real point is why would he have let his accountant use all the loopholes he says he wants to close? Because they are all hippocrits. </p><p></p><p>Fair tax is not fair. Flat tax is fair, progressive taxes can be fair as long as the rules are simple and clear. </p><p></p><p>And corporations should be paying more taxes instead of profiting from them. In 2010, GE recieved 3.2 billion (IIRC that is a close figure) in refunds from the US. They did this by funnelling all of their losses to the US branch, and their profits to the countries that have little to no tax on businesses. So the US citizens paid GE 2.3 billion to be here. Their tax department is all about finding ways to profit from filing losses. they paid no taxes. none. got a big fat refund check. Pretty sure they can afford to pay some business taxes.</p></blockquote><p></p>
[QUOTE="71buickfreak, post: 1788462, member: 8373"] Clay, that's bullcrap. Yes, your own situation is under your control to a point. I chose to have 3 kids, wouldn't have it any other way. I live well on my income, and I love my work. The point is this- if we are going to tax the people, tax them proportionately. Sales tax-based income taxes are not fair, period. I don't mind paying taxes, but I should not have to be taxed on more of my income than some guy who makes 1 million a year. With great income comes great responsibility. Flat tax is far superior to sales tax. A flat tax taxes the dollar amount earned, not the amount spent because like one person said, it all gets spent eventually. It becomes really simple- you earn $1, you owe 10 cents to tax, no shelters, no rebates, no incentives. Just pay the tax and be done with it. You earn 1 million a year? great, pay up. You earn 20k a year, that sucks, pay up. eliminate the loopholes by making taxes fair. I am happy for you, if you can make 5 million a year, congratulations. Now pay your dues for living here. There will have to be concessions for the poor, you just can't tax the poor, it isn't right. Once you are poor, it is extremely difficult to get out of that situation. You can say all you want, but I have been there. My parents lost their business in a hostile takeover when I was 15. We were very well off, not uber-rich, but I wanted for nothing. Then, literally overnight, everything was taken from them. They never recovered. It eventually tooks it's toll on my dad and he died from the stress. I have built my business from nothing, it is extremely difficult to do it. I took a huge risk, quitting my day job and going at it on my own. I one of a handful of full-time freelance automotive journalists, that actually supports his family with it. All of this is besides the point. Obama paid less taxes both percentage and actual cash value, than the assistants that work in his office. Of course Obama is using this as a campaign point, but the real point is why would he have let his accountant use all the loopholes he says he wants to close? Because they are all hippocrits. Fair tax is not fair. Flat tax is fair, progressive taxes can be fair as long as the rules are simple and clear. And corporations should be paying more taxes instead of profiting from them. In 2010, GE recieved 3.2 billion (IIRC that is a close figure) in refunds from the US. They did this by funnelling all of their losses to the US branch, and their profits to the countries that have little to no tax on businesses. So the US citizens paid GE 2.3 billion to be here. Their tax department is all about finding ways to profit from filing losses. they paid no taxes. none. got a big fat refund check. Pretty sure they can afford to pay some business taxes. [/QUOTE]
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