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#22
posted to rec.boats
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#23
posted to rec.boats
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On 10/9/10 10:15 AM, BAR wrote:
In , says... There is an interesting idea floating around the tax reform community. Maybe the tax payer should get a receipt at the end of the year (just a web site you can visit, not a piece of paper) that takes your total tax bill and breaks it down into how much money went to SS, Medicare, DoD, HHS etc. It would be a real eye opener for most people. You quickly figure out that most of the things people bitch about the loudest only cost them $10 a year or less. The lion's share of your tax money goes to things people are not willing to cut. Social Security and Medicare. DoD is really the big slice of the pie that we can cut but it is skillfully doled out to all 50 states so it is hard to get much traction in congress for cutting any of it. DoD is our ongoing stimulus project. This isn't possible but, I would go in the opposite direction and tell the taxpayer all of the taxes they are paying and where those taxes are being collected. In most states every dollar you spend sends money to the local, state and federal governments. Have you considered cutting back on your political posts and instead putting up some boating-related posts? It's been a long, long time since you mentioned enjoying your boat. -- Republicans are the Party of No: No Leaders / No Ideas / No Morals |
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#24
posted to rec.boats
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On Sat, 9 Oct 2010 14:45:36 GMT, "A.Boater"
wrote: Why don't we just go back to a time when we actually had a good economy and do things like they did? During Eisenhower's tenure the top tax rate was 91%, during Nixon it was 50%, and now we are arguing about whether it should be 35% or 39.6%. Anybody see a trend? yep. the folks who work for a living pay more. the folks who shuffle money around make more |
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#25
posted to rec.boats
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#26
posted to rec.boats
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On 10/9/10 11:06 AM, BAR wrote:
In articleabydnTRIjvxu4i3RnZ2dnUVZ_tadnZ2d@giganews. com, says... Why don't we just go back to a time when we actually had a good economy and do things like they did? During Eisenhower's tenure the top tax rate was 91%, during Nixon it was 50%, and now we are arguing about whether it should be 35% or 39.6%. Anybody see a trend? Your are trying to say that higher marginal tax rates equal prosperity? How about we go with a flat tax. The Government (local, state and federal) get 15% and no more. At the end of each year the government gets 15% of each individual's and corporation's gross revenue. The local, state and federal governments can fight each other for their part of that 15%. There are no other taxes. No sales taxes, no real estate taxes, no excise taxes when I purchase new tires. If I know I am going to keep 85% of all of the money I receive I would be happy. I forgot...what sort of boat do you have these days? -- Republicans are the Party of No: No Leaders / No Ideas / No Morals |
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#27
posted to rec.boats
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On Sat, 9 Oct 2010 11:06:11 -0400, BAR wrote:
In article , says... Why don't we just go back to a time when we actually had a good economy and do things like they did? During Eisenhower's tenure the top tax rate was 91%, during Nixon it was 50%, and now we are arguing about whether it should be 35% or 39.6%. Anybody see a trend? Your are trying to say that higher marginal tax rates equal prosperity? How about we go with a flat tax. the right loves a flat tax because it hits more of the disposable income of the middle class than it does the rich more of the reason why the US is becoming a plutocracy The Government (local, state and federal) get 15% and no more. At the end of each year the government gets 15% of each individual's and corporation's gross revenue. The local, state and federal governments can fight each other for their part of that 15%. There are no other taxes. No sales taxes, no real estate taxes, no excise taxes when I purchase new tires. and what happens to defense, etc., in a recession. the right lives in a bubble of fairy tales and delusions and 15%? the US govt spends 20% of GDP now. where you gonna cut 25% of govt? go ahead. tell us |
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#28
posted to rec.boats
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On Sat, 9 Oct 2010 15:43:07 GMT, "A.Boater"
wrote: I have to admit it SOUNDS like a good idea, it just ISN'T. Well, unless you do it like they are in Europe where you have truly flat rates from 10% (Bulgaria) and up. The catch is that it must be a flat individual and corporate tax and it must not exempt tax on monies "earned" almost exclusively by only those folks and entities in the highest tax brackets. Thus far, the American "Flat" Tax proposals have been anything but that. Predominately, they have been right-wing Republican attempts to hoodwink the middle class into thinking that they will no longer be carrying the country on their backs. Rather than trying to fix a problem it has been merely and unfortunately a ruse to continue the status quo. http://www.wordwiz72.com/flattax.html well said. unfortunately, almost every successful tax scheme is put forward by republicans. it slashes taxes on the upper 1% whle sticking the middle clas with most taxes |
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#29
posted to rec.boats
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In article ,
says... I have to admit it SOUNDS like a good idea, it just ISN'T. Well, unless you do it like they are in Europe where you have truly flat rates from 10% (Bulgaria) and up. The catch is that it must be a flat individual and corporate tax and it must not exempt tax on monies "earned" almost exclusively by only those folks and entities in the highest tax brackets. Thus far, the American "Flat" Tax proposals have been anything but that. Predominately, they have been right-wing Republican attempts to hoodwink the middle class into thinking that they will no longer be carrying the country on their backs. Rather than trying to fix a problem it has been merely and unfortunately a ruse to continue the status quo. http://www.wordwiz72.com/flattax.html You must have missed where I said gross revenues or you just read it as income. |
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#30
posted to rec.boats
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Secular Humouresque wrote:
On 10/9/10 10:15 AM, BAR wrote: In , says... There is an interesting idea floating around the tax reform community. Maybe the tax payer should get a receipt at the end of the year (just a web site you can visit, not a piece of paper) that takes your total tax bill and breaks it down into how much money went to SS, Medicare, DoD, HHS etc. It would be a real eye opener for most people. You quickly figure out that most of the things people bitch about the loudest only cost them $10 a year or less. The lion's share of your tax money goes to things people are not willing to cut. Social Security and Medicare. DoD is really the big slice of the pie that we can cut but it is skillfully doled out to all 50 states so it is hard to get much traction in congress for cutting any of it. DoD is our ongoing stimulus project. This isn't possible but, I would go in the opposite direction and tell the taxpayer all of the taxes they are paying and where those taxes are being collected. In most states every dollar you spend sends money to the local, state and federal governments. Have you considered cutting back on your political posts and instead putting up some boating-related posts? It's been a long, long time since you mentioned enjoying your boat. WAFA! |
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