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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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Old 04-13-2012, 06:31 PM
joeydb's Avatar
joeydb joeydb is offline
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Join Date: Jun 2007
Location: Southeastern PA
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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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