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Thread: America's tax system is screwy

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    Quote Originally Posted by ptif219 View Post
    Since you have all gone off topic let me go back to topic.

    I am part of the 14% that pays no federal tax.

    I had just over $26,000 in taxable income. I paid in just under $4,000 in income tax and FICA and medicare tax.

    My return is just over $4,000

    Thank you democrats for this gift
    You pay sales tax and import duties. You pay taxes on your gasoline, telephone, electricity, and probably cable. A tax is money taken from people by the government. You can call it what you want but you still pay it. And the taxes I cited are far more regressive than the Federal income tax.


  2. Default

    Quote Originally Posted by Jebediah View Post
    You pay sales tax and import duties. You pay taxes on your gasoline, telephone, electricity, and probably cable. A tax is money taken from people by the government. You can call it what you want but you still pay it. And the taxes I cited are far more regressive than the Federal income tax.
    Funny how you go there. This shows how wrong the present tax system is. We need tariffs on imports and a new tax system

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    Quote Originally Posted by Iriemon View Post
    Thanks for sharing your opinion. IMO, you are a misinformed blind right wing partisan hack.
    Good thing I am seeking a better country while Obamabots like you defend Obama destroying the country

  4. #194

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    Quote Originally Posted by ptif219 View Post
    Funny how you go there. This shows how wrong the present tax system is. We need tariffs on imports and a new tax system
    You figure a trade war would be just the ticket, eh?

    They tried that in 1930.

  5. #195

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    Quote Originally Posted by ptif219 View Post
    Good thing I am seeking a better country while Obamabots like you defend Obama destroying the country
    Uh yep. Uh dat's a good thing, yesssir.

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    Quote Originally Posted by Iriemon View Post
    You figure a trade war would be just the ticket, eh?

    They tried that in 1930.
    Why should foreign goods have an advantage over domestic goods?

  7. #197

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    Quote Originally Posted by ptif219 View Post
    Why should foreign goods have an advantage over domestic goods?
    So that our goods aren't disadvantaged in foreign markets.
    Last edited by Iriemon; Feb 08 2012 at 06:04 AM.

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    Quote Originally Posted by Iriemon View Post
    So that our goods aren't disadvantaged in foreign markets.
    What are the American goods in the foreign countries? The credit lines? I thought US banks have already plundered away their loan cash, including the part that is backed by the FED/printer.

  9. #199

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    Quote Originally Posted by spt5 View Post
    What are the American goods in the foreign countries? The credit lines? I thought US banks have already plundered away their loan cash, including the part that is backed by the FED/printer.
    Summarized here

    http://internationaltrade.factoidz.c...rade-partners/

  10. Default

    Quote Originally Posted by Iriemon View Post
    So that our goods aren't disadvantaged in foreign markets.
    They already are. Other countries have huge Tariffs. Look at China

    http://www.nytimes.com/2011/12/15/bu...pagewanted=all

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