Who supports naught changing the tax code in America?
Who supports naught changing the tax code in America?
Political events that will soon show whether or not our current government can handle the request of its people. For years they have been able to take what they want and call it providing. This could get interesting. We've always had to pay taxes, nothing new here, just a change in how they plan on letting us see it. From the hands of lawyers to the hands of ???? I am not sure how to finish this. That's about it for now.
Really I'd like to see a tax system which a child could understand. I think the ideal solution would be more than a tax code - it would be a legal (and ethical) framework for applying taxes and monetary policy. Such as: "Government spending (deficit) cannot exceed taxes collected the previous year." Without a constitutional amendment that prevents the government from loaning itself money except to explicitly defend american soil (no money for overseas wars, no expensive "income projections") the tax system will forever be useless and misunderstood.
From the page: "Marginal income taxes are higher for each dollar workers earn. Our most productive members of society face federal taxes of 36 percent or higher. Under our system, the top 10 percent income earners pay 70 percent of federal income taxes. The president plans to increase top marginal rates to at least 39 percent--and that's not even counting state income tax rates. In virtually every state in the country, high income workers would face top marginal tax rates that would rob them of more than 50 percent of their income. Our current code destroys the incentive of the most productive to work hard." Gee. I wonder why that is...
I'm all for revising and simplifying the tax code, and this site makes a few good arguments why we need to. Unfortunately, it's grounded in an ignorant ideology that favors the super-rich at the expense of society as a whole. Pigovian taxes (taxes on socially undesirable activities like gambling, drugs such as alcohol and cigarettes, pollution, etc) are the best way for society to control these activities, as strict bans don't work and these type of taxes allow the society to regain benefits from these unfavorable sectors of the economy. So this site is just being alarmist and shallow when they reference 'threats' of taxes for 'moral' purposes.
We might do well to start fresh with the tax code, but let's focus on closing loopholes for offshore tax havens and making things easier for middle class American taxpayers first, before we worry about the convenience of billion dollar enterprises with dubious social goals.
While I think the tax code could be revised, a flat tax would be horrible and unfairly advantage the super-rich even more than they are now. Back in the 50's the rich paid a huge income tax and no one complained, it wasn't until Buckley and his fellow fascist-loving movement conservatives that all this tripe came into play. Eisenhower even called people who now dominate the Republican party [a small minority of nutters]. Can't remember the exact quote but that's the gist of it.
What we need is something fair and simple.
He lost me at, and I quote "3,400,000 million". Does that mean 3.4 trillion? Keep your numerals straight you ass-hat.
I'm sure they'd like to rebuild it to be fair, for their billionaire constituents.
I'd rather they not, though.
While I agree that the tax code needs changed I call into question why didn't Dick Armey and Jack Kemp (two Republican ex-Representatives who help "run" this organization) push for this when they were in Congress? Why now? - http://www.sourcewatch.org/index.php?title=FreedomWorks
From the page: "Our tax code is broken. It's unfair, complex, inhibits saving, investment and job creation, imposes a heavy burden on families, and undermines the integrity of the democratic process. We should scrap it and rebuild a simple, low, flat, fair, and honest tax code. "
Income tax is theft. Any tax that supports anything other than the military (to protect our national borders), the police (to keep the peace, specifically: To have a monopoly on the use of physical force to protect us from others who would *initiate* the use of physical force against us), and the courts (to enforce *only* laws against fraud and to enforce contracts) is theft. Anything more is at best a joke and at worst a nightmare (which is what we have right now).
Flat income tax vs "fair" income tax? How about NO INCOME TAX...
adam smith liked progressive taxation. not this lat tax BS.
From the page: "Shouldn't we be trying to give incentive to the most productive to continue working rather than taxing so much of their income away that they no longer think it's worth working hard? How many inventions or cures for diseases have we lost because the most productive stopped working when faced with 50 percent or higher rates on each additional hour of work? "
I just want to know who the hell stops working because they feel they're paying too much in taxes? Anybody? Hardly. Certainly no one I've ever known.
And by the way, taxes have never stopped inventors from coming up with new ideas, and if you don't believe me just go to Walgreens and see how many new products are launched under the "As Seen on TV" label on a regular basis.
Oh, and don't even get me started on how many "cures for diseases" we've missed out on because of excessive taxation. Please, Big Pharma is not interested in curing anything, only in keeping you on at least one pill a day, and it makes plenty of profit even with the "outrageous" (and that's debatable) taxes they have to pay.
In short, innovation is not, and has never been, held hostage by high taxes, and anyone who tells you so is either an idiot or has an underlying motive in advancing such idea.
I'm in favor of a fair and simplified tax system as much as the next guy but please lets keep the bullshit to a minimum.
I couldn't stop agreeing with this page. Especially number 6.
From the page: "3,400,000 million words"
3,400,000,000,000 words? Really?
Yea, all those people who work in H&R Block, the law industry, and the IRS would just magically find new, productive things to do. It's not like people are struggling to find jobs today. We can afford to fire a few thousand more people.
There's so many things wrong with this. The ultra-rich are "our most productive members of society," according to the article. Yea, all those CEOs, they're productive. So much spin in this article. It's BS.