Talk of The Villages Florida - View Single Post - House of reps bill to eliminate all income taxes
View Single Post
 
Old 01-12-2023, 01:23 PM
jimjamuser jimjamuser is offline
Sage
Join Date: Mar 2018
Posts: 9,918
Thanks: 6,928
Thanked 2,253 Times in 1,819 Posts
Default

Quote:
Originally Posted by CoachKandSportsguy View Post
https://buddycarter.house.gov/upload..._act_118th.pdf

Replacing all taxes with a consumption tax. . . basically a sales and service tax. . .

not sure how this bill will get implemented, and even if its a good idea. . . switching from income earned to good and services purchased . . .
I do NOT like the whole concept of eliminating income taxes, which when properly used with REAL PROGRESSIVENESS forces the upper class 1 % and upper 10 % to pay their fair share. That is the way California is set up and I know people will FREAK OUT but, the middle class in California ACTUALLY gets a fair deal and does NOT pay high taxes (as many would erroneously suggest). It is the uber-rich that complain and WHINE when they are FORCED to pay their FAIR share to a state where they have been VERY SUCCESSFUL.

Consumption taxes are just a NEW name for the FLAT TAX system that FAVORS the rich that ALREADY have their McMansions and unduly PUNISHES the LITTLE people that are working hard to be able to pay for their 1st starter home. It is the OPPOSITE of the SO CALLED American concept that each generation should HAVE to EARN its riches and PRIVILEGES.

BEWARE America, consumption and flat taxes are a smoke screen that sounds good until you actually do some math and analyze the concept !!!!!!!