Quote:
Originally Posted by Guest
We are not using the "Fair" tax method of taxation. We would be taxed fairly IF we were using the Fair tax/Sales tax method. Right now, some pay none, some pay more than ten percent and others know how to use the itemizing method to their advantage and pay a less percentage. Even if a rich man pays a low percentage, he is likely paying more than you or me. My brother and I make almost the same amount, but I ended up paying less than him. The rich pay their fair share of taxes, whether by income tax, property tax or sales tax. They spend more than us, so they will always pay more sales tax. They own more than us so they will always pay more property tax. Personally, I do not think it is anyone's business how much money Trump makes. Anyone wishing to see his taxes other than IRS are just looking for something to slur him with. It only makes one look little and cheap to have such obvious envy and resentment against their betters.
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I think we all agree that we need to reform our tax code. For those who are not aware, our current tax code is 86,000 pages.
By the way, when we talk tax code we are talking income tax. They have so many ways to pluck the chicken that he does not realize he is bald. Look at your cell phone bill
over a third of it is TAXES.
Cain pitched a 9-9-9 flat tax. He proposed keeping the mortgage deduction. First of all that is no longer a SIMPLE flat tax. It favors a special group. Also, the original proposal was written by Steve Forbes who wrote it would need to be 12-12-12.
THERE ARE SOME VERY SIMPLE facts that have always prevented a FAIR TAX. People all think they should get and someone else should pay for it-THAT IS TRUE THROUGH HISTORY. Our government uses the tax code to favor their supporters. An interesting line in the tax code was written to make Starbucks a manufacturer giving them a lower tax bite. Manufacturer status??? They roast coffee.