+ Reply to Thread
+ Post New Thread
Page 7 of 22 FirstFirst ... 3456789101117 ... LastLast
Results 61 to 70 of 220

Thread: America's tax system is screwy

  1. Default

    Quote Originally Posted by Kramer View Post
    Not so...I need more than a political hack to assist me in moving my position. Have you read that thread I proffered you?
    You want me to read a thread? No thanx. You opened this can of worms and now can not defend it

  2. Prosper.com, finance, financial, investing, lending, borrowing, banking, credit card, payday, borrowers, lenders, debt consolidation, Prosper, investment, personal loans, personal loan, investors, investment opportunities, debt consolidation

  3. Default

    Quote Originally Posted by ptif219 View Post
    You want me to read a thread? No thanx. You opened this can of worms and now can not defend it
    Nope actually you did.......

    Quote Originally Posted by ptif219 View Post
    No it is about taxing the rich while others pay no tax. More class warfare from the left
    Anytime you want to backup your several assertions with some facts then we can continue.

  4. #63

    Default

    Yes, the American tax system is screwy. Everything the federal government does is screwy because it is born of politics rather than common sense. Politics is humanity at its worst.
    Last edited by fmw; Jan 21 2012 at 02:34 PM.

  5. Default

    Quote Originally Posted by Kramer View Post
    Nope actually you did.......



    Anytime you want to backup your several assertions with some facts then we can continue.
    No need to back up. 47% pay no income tax. Obama wants to tax the rich.This is common knowledge

  6. Default

    Quote Originally Posted by ptif219 View Post
    No need to back up. 47% pay no income tax. Obama wants to tax the rich.This is common knowledge
    Nothing has changed the progressive tax system is the bedrock of the US tax system. Throughout the history of income tax in the US.


    PRINCIPLES FOR TAX REFORM
    1. Lower tax rates. The tax system should be simplified and work for all Americans with lower individual and corporate tax rates and fewer brackets.

    2. Cut Inefficient and Unfair Tax Breaks. Cut tax breaks that are inefficient, unfair, or both so that the American people and businesses spend less time and less money each year filing taxes and cannot avoid their responsibility by gaming the system.

    3. Cut the deficit. Cut the deficit by $1.5 trillion over the next decade through tax reform, including the expiration of tax cuts for single taxpayers making over $200,000 and married couples making over $250,000.

    4. Increase job creation and growth in the United States. Make America stronger at home and more competitive globally by increasing the incentive to work and invest in the United States.

    5. Observe the Buffett Rule. No household making over $1 million annually should pay a smaller share of its income in taxes than middle-class families pay. As Warren Buffett has pointed out, his effective tax rate is lower than his secretary’s. No household making over $1 million annually should pay a smaller share of its income in taxes than middle-class families pay. This rule will be achieved as part of an overall reform that increases the progressivity of the tax code.
    http://www.whitehouse.gov/sites/defa...tteereport.pdf

  7. Default

    Quote Originally Posted by Kramer View Post
    Nothing has changed the progressive tax system is the bedrock of the US tax system. Throughout the history of income tax in the US.



    http://www.whitehouse.gov/sites/defa...tteereport.pdf
    Wrong. It was only put to the front in 1943. Before that we used mostly tarrifs

  8. Default

    Quote Originally Posted by ptif219 View Post
    Wrong. It was only put to the front in 1943. Before that we used mostly tarrifs
    This is from The Tax Foundation. I am providing the highest margin of income tax sine 1913-2011. This is not a tariff.



    http://www.taxfoundation.org/publica...ow/151.htmlU.S.

  9. #68

    Default

    Quote Originally Posted by Kramer View Post

    No need to back up. 47% pay no income tax. Obama wants to tax the rich.This is common knowledgeNothing has changed the progressive tax system is the bedrock of the US tax system. Throughout the history of income tax in the -
    ONly lying partisan hacks use this 47% number. The 47% number only includes income taxes which only includes 1/4 of total taxes.

  10. Default

    Quote Originally Posted by JamesDF View Post
    ONly lying partisan hacks use this 47% number. The 47% number only includes income taxes which only includes 1/4 of total taxes.
    But it is the primary source for all federal spending and programs. That number does accurately reflect the real number of people who contribute to the federal government.
    TANSTAAFL

  11. Default

    Quote Originally Posted by ptif219 View Post
    No need to back up. 47% pay no income tax. Obama wants to tax the rich.This is common knowledge
    Quote Originally Posted by JamesDF View Post
    ONly lying partisan hacks use this 47% number. The 47% number only includes income taxes which only includes 1/4 of total taxes.
    Hey James this is not my quote it belongs to ptif2189. Come on already with this nonsense!
    Last edited by Kramer; Jan 22 2012 at 12:16 PM.

+ Reply to Thread
+ Post New Thread
Page 7 of 22 FirstFirst ... 3456789101117 ... LastLast

Similar Threads

  1. America's completely retarded court system
    By peoplevsmedia in forum Political Opinions & Beliefs
    Replies: 11
    Last Post: Aug 22 2011, 07:06 AM

Tags for this Thread

Bookmarks

Bookmarks