Let's Cut Taxes!

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  #16  
Old 03-23-2015, 08:11 AM
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Why not start over? Sliding tax rate. Eliminate corporate subsidies, enforce anti trust laws at every level. Then you will have a truly Free Market.

Today we have a false economy pandering to special interest groups. There are no job creators. Jobs are created by demand and the ability to meet that demand and post a profit, thus promoting investment. It's all pretty simple in concept. The problem our economy is out of our control and has been taken over by corporate America. Price fixing is rampant. I truly believe in a free market and we haven't had one for many years. It is not partisan politics because both are equally at fault. Lobbyists play both ends against the middle.
The problem is the prostitution of our representatives in government including the president, congress, the supreme court, state and local governments of the original notion/concept/commitment to be of and for the people.

Their priority is re-election first and foremost.
Second is their personal gain/stature.
Third is lobbyists and special interest groups.
Fourth is their party.
And somewhere in the rush to do the above they fake representing the needs and will of we the people.

Kinda the way gangsters operate.
  #17  
Old 03-23-2015, 08:40 AM
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I just don't see any reason for having the IRS. Just think about how much money the US taxpayer pays just to fund the IRS. If all taxes were paid with the sales tax and property tax, we wouldn't even need to hire tax preparers or pull our hair out this time of year. Everybody would pay their fair share then. We don't need the IRS.
  #18  
Old 03-23-2015, 10:15 AM
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I just don't see any reason for having the IRS. Just think about how much money the US taxpayer pays just to fund the IRS. If all taxes were paid with the sales tax and property tax, we wouldn't even need to hire tax preparers or pull our hair out this time of year. Everybody would pay their fair share then. We don't need the IRS.
Almost 100,000 employees.
One would think with the advent and increased use of electronic filing the number would have gone down in recent years.

Another major beaurocracy with poor customer service to we the people.

Interesting article about IRS:

10 Incredible Facts You Probably Don't Know About the IRS

This is what we get when we allow insider, politics as usual candidates.
  #19  
Old 03-23-2015, 02:23 PM
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Almost 100,000 employees.
One would think with the advent and increased use of electronic filing the number would have gone down in recent years.

Another major beaurocracy with poor customer service to we the people.

Interesting article about IRS:

10 Incredible Facts You Probably Don't Know About the IRS

This is what we get when we allow insider, politics as usual candidates.
With budget cuts, the number of employees have actually dropped by over 10% since 2010 during Obama's tenure. I know I have always had very good service during any audits and disputes. Can you describe some of your poor service events?
  #20  
Old 03-23-2015, 04:17 PM
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The USA does not need the IRS. Where did you get your 10% number?
  #21  
Old 03-23-2015, 08:25 PM
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The USA does not need the IRS. Where did you get your 10% number?
See Cuts in IRS Budget Have Compromised Taxpayer Service and Weakened Enforcement — Center on Budget and Policy Priorities

Budget cut from 13.2 in 2010 to 11.3

Personnel cut from 94600 in 2010 to 84200

If the IRS did not exist, who would enforce the tax laws passed by Congress so that our government is properly funded? I understand most people think we would not voluntarily pay for our government if there was no oversight.
  #22  
Old 03-23-2015, 09:21 PM
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I just don't see any reason for having the IRS. Just think about how much money the US taxpayer pays just to fund the IRS. If all taxes were paid with the sales tax and property tax, we wouldn't even need to hire tax preparers or pull our hair out this time of year. Everybody would pay their fair share then. We don't need the IRS.
I really doubt that the entire government, both Federal and State, could run just on sales tax and property tax. Don't forget the billions for military.

What percent sales tax (both national and state) would you propose?
  #23  
Old 03-23-2015, 10:16 PM
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Quote:
Originally Posted by Guest View Post
The problem is the prostitution of our representatives in government including the president, congress, the supreme court, state and local governments of the original notion/concept/commitment to be of and for the people.

Their priority is re-election first and foremost.
Second is their personal gain/stature.
Third is lobbyists and special interest groups.
Fourth is their party.
And somewhere in the rush to do the above they fake representing the needs and will of we the people.

Kinda the way gangsters operate.
Last I knew about gangsters - they all knew what their jobs were; they did what they were told to do; there was no war on women; and their families never went into debt!
  #24  
Old 03-23-2015, 10:21 PM
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Quote:
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I just don't see any reason for having the IRS. Just think about how much money the US taxpayer pays just to fund the IRS. If all taxes were paid with the sales tax and property tax, we wouldn't even need to hire tax preparers or pull our hair out this time of year. Everybody would pay their fair share then. We don't need the IRS.
I venture to say that the problem in the statement in bold type would be one's definition of "fair".
  #25  
Old 03-24-2015, 08:23 AM
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Just think about how much money is wasted every year to pay IRS employees and the accountants to fill out your taxes. The IRS has proven over the last few years how corrupt they are. Sales taxes are the most fair, the more money you make the more you spend, thus the more taxes you would pay. Simple. Yes, Sales taxes would increase.
  #26  
Old 03-24-2015, 09:47 AM
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Just think about how much money is wasted every year to pay IRS employees and the accountants to fill out your taxes. The IRS has proven over the last few years how corrupt they are. Sales taxes are the most fair, the more money you make the more you spend, thus the more taxes you would pay. Simple. Yes, Sales taxes would increase.
So who would enforce these increased sales tax rates? Would they increase from 7% to say 20% or more? So now your $20,000 per year person would now pay $4,000 in taxes. Would these taxes be on the most basic of items to support the lack of income tax rates? How much more would be lost on the underground economy?
  #27  
Old 03-24-2015, 07:51 PM
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sales taxes are one of the favorite mechanisms of the rich to extract money from the poor for upward transfer. the notion that it is fair is risible. the rich spend increasingly less of their income on sales taxed products as their income increases. the poor of course have no option to avoid sales taxes so their effective tax rate is the full equivalent of the sales tax while of course the wealthy will have a much lower effective tax rate. goody for them, as usual
  #28  
Old 03-24-2015, 08:20 PM
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sales taxes are one of the favorite mechanisms of the rich to extract money from the poor for upward transfer.



Without a doubt, that is one of the dumbest things I've ever read.

The "rich" want a handout from the poor? Maybe caviar stamps? Mercedes assistance? free helicopter for the yacht?

  #29  
Old 03-24-2015, 08:47 PM
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The following is a study of the effect of taxes on income groups of states with flat or no income tax.

Top 10 Most Regressive Tax States
  #30  
Old 03-25-2015, 01:52 AM
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The following is a study of the effect of taxes on income groups of states with flat or no income tax.

Top 10 Most Regressive Tax States
It would be hard to find a more hard-left article on taxes. Even accounting for half my brain tied behind my back, there are so many glaring omissions and obfuscations on page 1 as to make it not worthy of my time to read on.

In short, because the poor pay $2 in total taxes, and the rich only pay $25 million, percentage-wise the effective rate is -.00087%. It's just NOT FAIR!

More socialist garbage disguised as journalism with cutesy investment graphics feigning a legitimate financial site.

I give it the old four-Pinocchio BS rating!

 

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