darthtang aw
Active Member
The only exemption from a sales tax is if you DON'T spend money...which is impossible now. So once they inherit it, they will start spending and walla, the money is taxed.
Away With The Irs!!!
- Thread starter nvmycj
- Start date
1journeyman
Active Member
Originally Posted by seasalt101
me i am disabled it would "cripple" me bad pun i know...tobin
Actually Tobin, this could be easliy addressed with cards given to tax exempt folks.
me i am disabled it would "cripple" me bad pun i know...tobin
Actually Tobin, this could be easliy addressed with cards given to tax exempt folks.
1journeyman
Active Member
Originally Posted by COWFISHRULE
...as for my socialism comment, i am referring to the fact that the guy that might be standing behind you in line, that might make 2 or 3 times what you make, will pay out the same amount of taxes as you.
You might not think that is fair, but it's certainly not socialism.
Me? I think that is completely fair...
As it is right now, some 18 year old born into a tremendously wealthy family can avoid working the rest of his life and live off of his trust. Guess who pays more in taxes, him or me?
...as for my socialism comment, i am referring to the fact that the guy that might be standing behind you in line, that might make 2 or 3 times what you make, will pay out the same amount of taxes as you.
You might not think that is fair, but it's certainly not socialism.
Me? I think that is completely fair...
As it is right now, some 18 year old born into a tremendously wealthy family can avoid working the rest of his life and live off of his trust. Guess who pays more in taxes, him or me?
aztec reef
Active Member
sounds good , what took them this long to figure that? do you think contratctors are NOT going to pay under the table anymore?..
please..It will keep it regulated but it won't stop it..
Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this ?
If the IRS is letting Illegals work illegally, without getting refunded. why shouldn't this people have a right to get refunded? cause they're illegal?
oh i see, Illegals can come up here and makes us richer by working hard and getting low wage but yet they're doing wrong by working ILLEGALLY.. makes lots of sense.. guess who keeps getting richer?? don't give me that bs that the IRS doesn't know anything about illegal working.. what about the ones that work for a paycheck?? i think the IRS knows plenty about them.. but the IRS doesn't see nothing wrong with that, do they?
Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this ?
If the IRS is letting Illegals work illegally, without getting refunded. why shouldn't this people have a right to get refunded? cause they're illegal?
oh i see, Illegals can come up here and makes us richer by working hard and getting low wage but yet they're doing wrong by working ILLEGALLY.. makes lots of sense.. guess who keeps getting richer?? don't give me that bs that the IRS doesn't know anything about illegal working.. what about the ones that work for a paycheck?? i think the IRS knows plenty about them.. but the IRS doesn't see nothing wrong with that, do they?
reefreak29
Active Member
Originally Posted by 1journeyman
You might not think that is fair, but it's certainly not socialism.
Me? I think that is completely fair...
As it is right now, some 18 year old born into a tremendously wealthy family can avoid working the rest of his life and live off of his trust. Guess who pays more in taxes, him or me?
if a flat tax goes into effect u will be paying more
You might not think that is fair, but it's certainly not socialism.
Me? I think that is completely fair...
As it is right now, some 18 year old born into a tremendously wealthy family can avoid working the rest of his life and live off of his trust. Guess who pays more in taxes, him or me?
if a flat tax goes into effect u will be paying more
jovial
Member
Originally Posted by Darthtang AW
wouldn't be the same amount as the people with more money spend more thus physically paying more...how can you not see this? If a person makes 100,00 the drive a nicer car, pay a higher payment and thus pay 15% of that higher paymnent to taxes.
example....I spend 50,000 on a car...and I pay 15% tax on that. I pay 7000 (ballpark in taxes.
While the guy that makes 30,000, buys a 10-15,000 dollar car that person would pay 1500 in taxes....roughly...so how is the poor person getting the shaft?
Because the guy that buys a 15K car probably isnt entitled to the same taxable deductions as the guy that spends 50K on a car. He may qualify for the earned income credit but cannot write off taxable expenses in the same way a corporation holder could. If the car is used in any way relating to the operation of the business very often a portion of its cost is tax deductable. I see this all the time, especially in real estate. Many people that purchase high dollar cars i.e over 70K frequently own businesses or corporations or are part owners entitled to additional deductions. There are so many tax loopholes that enable people in these catagories to shelter their money its unreal. Sure they pay more in taxes but they also have attorneys and accountants whos best interest is to use these tools to recoupe the money they pay in taxes. The detailed explanation of how this is done is outlined in the Rich Dad Poor Dad series by Robert Kiyosaki.
wouldn't be the same amount as the people with more money spend more thus physically paying more...how can you not see this? If a person makes 100,00 the drive a nicer car, pay a higher payment and thus pay 15% of that higher paymnent to taxes.
example....I spend 50,000 on a car...and I pay 15% tax on that. I pay 7000 (ballpark in taxes.
While the guy that makes 30,000, buys a 10-15,000 dollar car that person would pay 1500 in taxes....roughly...so how is the poor person getting the shaft?
Because the guy that buys a 15K car probably isnt entitled to the same taxable deductions as the guy that spends 50K on a car. He may qualify for the earned income credit but cannot write off taxable expenses in the same way a corporation holder could. If the car is used in any way relating to the operation of the business very often a portion of its cost is tax deductable. I see this all the time, especially in real estate. Many people that purchase high dollar cars i.e over 70K frequently own businesses or corporations or are part owners entitled to additional deductions. There are so many tax loopholes that enable people in these catagories to shelter their money its unreal. Sure they pay more in taxes but they also have attorneys and accountants whos best interest is to use these tools to recoupe the money they pay in taxes. The detailed explanation of how this is done is outlined in the Rich Dad Poor Dad series by Robert Kiyosaki.
jovial
Member
Originally Posted by Aztec Reef
sounds good , what took them this long to figure that? do you think contratctors are NOT going to pay under the table anymore?..
please..It will keep it regulated but it won't stop it..
Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this ?
If the IRS is letting Illegals work illegally, without getting refunded. why shouldn't this people have a right to get refunded? cause they're illegal?
oh i see, Illegals can come up here and makes us richer by working hard and getting low wage but yet they're doing wrong by working ILLEGALLY.. makes lots of sense.. guess who keeps getting richer?? don't give me that bs that the IRS doesn't know anything about illegal working.. what about the ones that work for a paycheck?? i think the IRS knows plenty about them.. but the IRS doesn't see nothing wrong with that, do they?
One way to fix this is to allow illeagal aliens to sue their employers for not paying them the minimum wage. This would prevent the companies from hiring them in the first place and remove the proverbial carrot.
sounds good , what took them this long to figure that? do you think contratctors are NOT going to pay under the table anymore?..
Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this ?
If the IRS is letting Illegals work illegally, without getting refunded. why shouldn't this people have a right to get refunded? cause they're illegal?
oh i see, Illegals can come up here and makes us richer by working hard and getting low wage but yet they're doing wrong by working ILLEGALLY.. makes lots of sense.. guess who keeps getting richer?? don't give me that bs that the IRS doesn't know anything about illegal working.. what about the ones that work for a paycheck?? i think the IRS knows plenty about them.. but the IRS doesn't see nothing wrong with that, do they?
One way to fix this is to allow illeagal aliens to sue their employers for not paying them the minimum wage. This would prevent the companies from hiring them in the first place and remove the proverbial carrot.
cowfishrule
Active Member
and besides, this is current right now anyways.
whatever state you live in now, no matter who buys what, you are all paying the same state sales tax.
so what does this fix? nothing.
by raising it to 15% and eliminating income tax, all you are doing is putting more burden on the middle and lower class.
the richer you are, the more in taxes you pay.
the poorer you are, the less you pay.
eliminate that, and the rich stay rich, poor become more poor.
whatever state you live in now, no matter who buys what, you are all paying the same state sales tax.
so what does this fix? nothing.
by raising it to 15% and eliminating income tax, all you are doing is putting more burden on the middle and lower class.
the richer you are, the more in taxes you pay.
the poorer you are, the less you pay.
eliminate that, and the rich stay rich, poor become more poor.
hifi
Member
I have been reading this post & its very interesting to say the least. I live in Canada
(its not that bad gets a bit cold somtimes) I just wanted to add that here we pay income tax & sales tax of 14% on everything except food, & it depends on what prov you live in because sales tax's could be more or less but not by much!!!! I only wonder where all this money goes
This is just a fyi thats all.
cowfishrule
Active Member
Originally Posted by NVMYCJ
Yes. It would.
unless they sell it to a collection agency
Yes. It would.
unless they sell it to a collection agency
nvmycj
Member
Originally Posted by Aztec Reef
sounds good , what took them this long to figure that? do you think contratctors are NOT going to pay under the table anymore?..
please..It will keep it regulated but it won't stop it..
Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this ?
If the IRS is letting Illegals work illegally, without getting refunded. why shouldn't this people have a right to get refunded? cause they're illegal?
oh i see, Illegals can come up here and makes us richer by working hard and getting low wage but yet they're doing wrong by working ILLEGALLY.. makes lots of sense.. guess who keeps getting richer?? don't give me that bs that the IRS doesn't know anything about illegal working.. what about the ones that work for a paycheck?? i think the IRS knows plenty about them.. but the IRS doesn't see nothing wrong with that, do they?
It's not meant to stop paying under the table. It's meant for people that are sucking of the governments
[hr]
, to pay back into the system. Easy example, health insurance is out of control. A huge amount of people don't have insurance for one reason or another. Right now, you and I, are paying for their Medicaid, because we are legal tax payers. With the Fair Tax, everyone will be sharing the cost.
Remember, it's only a tax on item you PURCHASE. Has nothing to do with earned income credit. Your income would be YOURS, tax free.
"Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this ?" Whats your point? Why would they get a refund if there income is not tax?
"If the IRS is letting Illegals work illegally, without getting refunded. why shouldn't this people have a right to get refunded? cause they're illegal?" Exactly. Because right now, they are not paying into the system. Remember, their income IS NOT taxed.
sounds good , what took them this long to figure that? do you think contratctors are NOT going to pay under the table anymore?..
Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this ?
If the IRS is letting Illegals work illegally, without getting refunded. why shouldn't this people have a right to get refunded? cause they're illegal?
oh i see, Illegals can come up here and makes us richer by working hard and getting low wage but yet they're doing wrong by working ILLEGALLY.. makes lots of sense.. guess who keeps getting richer?? don't give me that bs that the IRS doesn't know anything about illegal working.. what about the ones that work for a paycheck?? i think the IRS knows plenty about them.. but the IRS doesn't see nothing wrong with that, do they?
It's not meant to stop paying under the table. It's meant for people that are sucking of the governments
[hr]
, to pay back into the system. Easy example, health insurance is out of control. A huge amount of people don't have insurance for one reason or another. Right now, you and I, are paying for their Medicaid, because we are legal tax payers. With the Fair Tax, everyone will be sharing the cost.
Remember, it's only a tax on item you PURCHASE. Has nothing to do with earned income credit. Your income would be YOURS, tax free.
"Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this ?" Whats your point? Why would they get a refund if there income is not tax?
"If the IRS is letting Illegals work illegally, without getting refunded. why shouldn't this people have a right to get refunded? cause they're illegal?" Exactly. Because right now, they are not paying into the system. Remember, their income IS NOT taxed.
nvmycj
Member
Originally Posted by reefreak29
the bad thing about this is well the economy would crumble and the government would lose billions .
the majority of people are middle class lets say 50 million people are makeing 50 thousand a year , 15 percent tax would be 7500 a year as apposed to 15000 thats a difference of 375 billion dollars , the rest of the people poor and rich will not make that money up only 1 percent of the population is rich. were will this money come from and who or what programs will be effected. mabie the military? plus the filthy rich that inharit there money and never earned money are exemp from this tax.
The notion of a flat tax does have a certain simplistic appeal. But it has three main flaws: 1) It seeks to improve something that is already completely equal; 2) It forces middle-class taxpayers to subsidize the wealthy (especially those incarnations such as Forbes' that exempt "unearned" income such as the interest on his invested inheritance, so that working people would support the idle rich); and, 3) It confuses much-needed tax reform and tax simplification in defining taxable income with the unrelated issue of whether the rate applied to that income is flat or graduated. Anyone who wants to support a flat tax better run the numbers first and see how much more they're going to pay!
"...the majority of people are middle class lets say 50 million people are makeing 50 thousand a year , 15 percent tax would be 7500 a year as apposed to 15000..."
You are talking about taxing an income. Remember,....it's a tax on stuff you purchase. Your income is not a factor at all.
the bad thing about this is well the economy would crumble and the government would lose billions .
the majority of people are middle class lets say 50 million people are makeing 50 thousand a year , 15 percent tax would be 7500 a year as apposed to 15000 thats a difference of 375 billion dollars , the rest of the people poor and rich will not make that money up only 1 percent of the population is rich. were will this money come from and who or what programs will be effected. mabie the military? plus the filthy rich that inharit there money and never earned money are exemp from this tax.
The notion of a flat tax does have a certain simplistic appeal. But it has three main flaws: 1) It seeks to improve something that is already completely equal; 2) It forces middle-class taxpayers to subsidize the wealthy (especially those incarnations such as Forbes' that exempt "unearned" income such as the interest on his invested inheritance, so that working people would support the idle rich); and, 3) It confuses much-needed tax reform and tax simplification in defining taxable income with the unrelated issue of whether the rate applied to that income is flat or graduated. Anyone who wants to support a flat tax better run the numbers first and see how much more they're going to pay!
"...the majority of people are middle class lets say 50 million people are makeing 50 thousand a year , 15 percent tax would be 7500 a year as apposed to 15000..."
You are talking about taxing an income. Remember,....it's a tax on stuff you purchase. Your income is not a factor at all.
1journeyman
Active Member
Originally Posted by reefreak29
if a flat tax goes into effect u will be paying more
I own a small business...
If a flat tax goes into effect I'll be paying much less. (provided I work hard and get business in the shape I believe I can)
if a flat tax goes into effect u will be paying more
I own a small business...
If a flat tax goes into effect I'll be paying much less. (provided I work hard and get business in the shape I believe I can)
1journeyman
Active Member
Originally Posted by COWFISHRULE
and besides, this is current right now anyways.
whatever state you live in now, no matter who buys what, you are all paying the same state sales tax....
Incorrect.
States have different tax rates. In Texas, for instance, we don't have a State Income Tax. Our sales taxes are done by city and county.
and besides, this is current right now anyways.
whatever state you live in now, no matter who buys what, you are all paying the same state sales tax....
Incorrect.
States have different tax rates. In Texas, for instance, we don't have a State Income Tax. Our sales taxes are done by city and county.
1journeyman
Active Member
Originally Posted by Aztec Reef
...Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this..
They are illegal.. they have no say in this whatsoever. They have no rights as Americans because they are not American.
Why do they figure into how we pay taxes?
...Now, what do you think about the Illegals that don't have a valid social security and are/have been working for years without a refund? someone has an answer to this..
They are illegal.. they have no say in this whatsoever. They have no rights as Americans because they are not American.
Why do they figure into how we pay taxes?
pontius
Active Member
this does not affect illegal immigration at all because most of the money they make is sent back to Mexico. as Jovial said, the rich have limitless ways to shelter their money into tax writeoffs. so if this were passed, there would have to new laws written on what kind of things can be tax writeoffs.
BUT, I'd much rather have this than the way it is now. I'm middle class, and right now, I'm paying 5% sales tax, 28% income tax, and several thousand a year in property tax. with a flat tax, you have more control over how much you pay.
BUT, I'd much rather have this than the way it is now. I'm middle class, and right now, I'm paying 5% sales tax, 28% income tax, and several thousand a year in property tax. with a flat tax, you have more control over how much you pay.