Talk of The Villages Florida - View Single Post - House of reps bill to eliminate all income taxes
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Old 01-13-2023, 01:38 PM
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Originally Posted by jimjamuser View Post
i agree with the wisdom of the last part of the last sentence (and some of the earlier sentences). The problem today is / was highlighted by Warren Buffet when he said that HIS SECRETARY pays more into the Federal government than HE does.
That erroneous claim has been thoroughly debunked. Yes, her "marginal" tax rate was a bit higher (because she paid income taxes and he paid capital gains taxes), but after her standard deductions, she paid a significantly LOWER rate than he did...

Add to that, Buffett paid "$millions$" in taxes, so his secretary NEVER paid MORE in taxes to the Federal Government than he did...

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Change the IRS brackets and the percentages back to the 1950s level when the RICH paid their FAIR share.
Again, this false claim has been thoroughly debunked. While the "marginal" tax rates for the "rich in the 50's may have been higher, the "effective" (the amount they actually paid) was much lower than today's effective rates...

I've explained this to you on multiple occasions, even giving links (per the IRS) to prove my point.

Quote:
And no one would have to make proposals like the FAIR Tax conspiracy, because they would be NOT taken seriously. They ARE taken seriously today because (even though FLAT / jokingly FAIR tax is ludicrous) is that the Federal tax percentages have become RELATIVELY FLAT and that hurts the middle class. If you HATE the IRS it is because you are rich and want to become richer (and screw the middle class, which barely exists today) ( b because the RICH moved it over to China. I have never had a problem with the IRS other than when they don't have enough personnel to go after ALL the RICH Bernie Madoff-types that are Vampire Squids around the necks of the now vanishing middle class. And that's the TRUTH !!!!!
No, I hate the IRS because they have screwed up our taxes for the past 3 years, claiming we owe them money (that has been paid) and demanding interest and penalties even though we have proof that the required taxes have been paid in a timely manner...
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