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View Poll Results: What should paying one's "fair share" mean with regard to taxes?
Flat Tax: Everyone pays the same proportional tax rate on earnings above a defined minimum 9 40.91%
Head Tax - Everyone pays the same flat dollar amount regardless of income level 0 0%
Progressive - Your taxes are driven by the "bracket" you are in 10 45.45%
Fairness cannot be defined anywhere in life, so politicians using this phrase are clueless 3 13.64%
Voters: 22. You may not vote on this poll

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  #1  
Old 04-09-2012, 09:53 AM
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joeydb joeydb is offline
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Flat Tax: no deductions, one rate for everybody, first "x" dollars (pick a number) in earnings exempt for everybody.

In future years, adjust "x" for inflation in accordance with some official statistic (CPI, inflation %, etc), but make it AUTOMATIC. No further intervention by Congress necessary except the compilation of the figure itself. And we must pick a number with good pedigree as a predictor.

The goal as I see it is to get to a simple equation rather than tens of millions of lines of tax code.

Everybody pays is as close to fairness as you will get.

Oh, and when you're out of money (this means the government), you're done spending. Period.
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Old 04-10-2012, 06:19 AM
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Check out the article in National Journal:

Our poll numbers are very close to what was observed in theirs (as of Tuesday morning)

http://decoded.nationaljournal.com/2...-on-the-me.php
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Old 04-12-2012, 05:42 PM
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Riot Riot is offline
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Quote:
Originally Posted by joeydb View Post
Flat Tax: no deductions, one rate for everybody, first "x" dollars (pick a number) in earnings exempt for everybody.

In future years, adjust "x" for inflation in accordance with some official statistic (CPI, inflation %, etc), but make it AUTOMATIC. No further intervention by Congress necessary except the compilation of the figure itself. And we must pick a number with good pedigree as a predictor.

The goal as I see it is to get to a simple equation rather than tens of millions of lines of tax code.

Everybody pays is as close to fairness as you will get.

Oh, and when you're out of money (this means the government), you're done spending. Period.
Joey: please tell me what flat tax rate we would need to assess everyone, to pay for what we have today, with no increase in government services - you can exclude the wars.
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Old 04-13-2012, 10:50 AM
Clip-Clop Clip-Clop is offline
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Quote:
Originally Posted by Riot View Post
Joey: please tell me what flat tax rate we would need to assess everyone, to pay for what we have today, with no increase in government services - you can exclude the wars.
Define 'fair' regarding taxes. Please include in your description; work and travel schedules, money earned annually, education received, years of service, and total employed (yup, I pay taxes on them too).
At what point in the year should taxes be paid in full assuming keeping nothing for oneself, utilizing the factors above.
How much is enough?
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Old 04-13-2012, 02:17 PM
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Quote:
Originally Posted by Clip-Clop View Post
Define 'fair' regarding taxes. Please include in your description; work and travel schedules, money earned annually, education received, years of service, and total employed (yup, I pay taxes on them too).
At what point in the year should taxes be paid in full assuming keeping nothing for oneself, utilizing the factors above.
How much is enough?
What do you think about your taxes being pretty near or at historic lows right now?

I'm not against a flat tax. I want to know what flat federal tax rate would have to be charged, on top of our state and local taxes, to maintain what we as a nation want to continue to provide us (excepting wars)?

Joey? What is that projected rate?

See, we have a major problem: our last president increased our expenditures massively, while decreasing our income massively at the same time.

Wow, how stupid, right? Now we're in severe financial trouble.

Cutting expenditures alone can't fix it. That's simply physically impossible. We need our "part-time" income level to go back up to "full time", where it was before the previous administration took a growing surplus and threw us under the financial burden of total fiscal irresponsibility and massive debt.
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Old 04-13-2012, 06:31 PM
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Quote:
Originally Posted by Riot View Post
What do you think about your taxes being pretty near or at historic lows right now?

I'm not against a flat tax. I want to know what flat federal tax rate would have to be charged, on top of our state and local taxes, to maintain what we as a nation want to continue to provide us (excepting wars)?

Joey? What is that projected rate?

See, we have a major problem: our last president increased our expenditures massively, while decreasing our income massively at the same time.

Wow, how stupid, right? Now we're in severe financial trouble.

Cutting expenditures alone can't fix it. That's simply physically impossible. We need our "part-time" income level to go back up to "full time", where it was before the previous administration took a growing surplus and threw us under the financial burden of total fiscal irresponsibility and massive debt.
It's NOT impossible to cut expenditures to fix it. That's going to happen anyway. WE ARE OUT OF MONEY! We're about to have our credit card cut up and go out of business. You ought to be very scared of what it means when a country goes out of business.

It's impossible NOT to cut SPENDING.
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Old 04-13-2012, 06:40 PM
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Originally Posted by joeydb View Post
It's NOT impossible to cut expenditures to fix it. That's going to happen anyway. WE ARE OUT OF MONEY! We're about to have our credit card cut up and go out of business. You ought to be very scared of what it means when a country goes out of business.

It's impossible NOT to cut SPENDING.
What I said was that ONLY cutting spending cannot fix our debt problem.

And Joey, there exists multiple estimates of what a flat tax rate would have to be for this country. Please google that and get back to us with the figures. Because that is the essence of your argument: either we have the current tax code, we keep the code and eliminate loopholes, or we go to flat tax. Well, what rate would that flat tax have to be? How much would you pay under your own flat tax proposal?
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Old 04-13-2012, 06:45 PM
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What I said was that ONLY cutting spending cannot fix our debt problem.
Well the taxes are too high already, so the spending being lowered (to the point of not borrowing any more in lieu of taxes) is what has to happen. There hasn't even been a budget for 3 years. In many ways that's the most honest Congress has ever been. They have no intention of keeping ANY limit on spending.

The party is over, especially for the dead beats and leeches.
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Old 04-13-2012, 06:30 PM
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Joey: please tell me what flat tax rate we would need to assess everyone, to pay for what we have today, with no increase in government services - you can exclude the wars.
I don't know - that remains for the equation. I can tell you that your rate will be the same as everybody elses - EVERYBODY. No more 49.5% not paying. You, me, and Warren Buffet and Bill Gates will all owe the same percentage.

We can't afford what we have today, and the moronic congresses and administrations of the past 100+ years made it that way.

You owe 1/300,000,000th of the debt, just like me. Time to pay up and quit whining.
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