Comments on: Tax Thoughts

By: Bryan

Bryan — Mon, 13 Oct 2008 20:02:22 +0000

Part of simplifying the tax system is simplifying the terminology, as in, income is income regardless of the source and should all be treated the same. Wages, interest, dividends, profits, et al. are income and should be taxed in exactly the same manner. That’s fair and equal treatment under the law, which is supposed to be the way things work.

It’s not the taxes, it’s the exemptions that discriminate. No more tax credits or any of the rest of the central planning that government does to affect what people do, and what choices they make.

People should do what they want to do because they want to do it, not because it creates a tax dodge. It’s a damn poor excuse for a belief system that needs a tax advantage.

Hipparchia, they are the only people who have figured out how to make money stealing from the poor.

By: hipparchia

hipparchia — Mon, 13 Oct 2008 08:14:12 +0000

fiscal conservatives, eh? maybe all this time they've just been confiscatory conservatives, real fast, so that it only sounds like fiscal.

By: Kryten42

Kryten42 — Mon, 13 Oct 2008 06:37:47 +0000

Well, Kryten, if Jesus didn’t have a problem paying taxes [Matthew 22], I don’t see why his followers should. Getting something for nothing sounds criminal if not socialist to me

LOL The fact is Bryan, the few *REAL* followers Jesus has these days, are quite willing to play by his (or I should say, his Father’s) rules. 🙂 The problem we have is separating the few real Christians from the multitudes of weak ignoramuses and gullible fools that would much rather follow the criminal false christians, and false religions. Like the ones that essentially preach “You can sin all week, then you come and throw some money at the church on Sunday (or whenever), and all your sins will be forgiven.” types that seem to be sprouting like weeds everywhere. 🙂 I don’t remember that in Bible studies, I do remember reading about Jesus been pissed at a few that tried that, or that tried extorting money from the sheep, errr… flock. 😉

I have no problem at all with ‘Real Christians'(tm)… I think I met one, once. LOL

Most of the so-called *Charities* are either a con or so badly managed that little, of any, of the *charity* get’s where it’s supposed to. Basically, I think that if a charity pay’s wages, they should pay tax. Same for anyone who earns a wage, including Politicians. Most of these tax exemptions simply make it easier for the crooks to get away with not paying tax.

But, until you change things so that people will actually *think* for themselves, rather than believing whatever the latest snake oil con artist tells them; whether they be ministers, politicians, journalists, bobble heads on TV, the guy next door, etc.; noting will improve. People would rather be sheep. thinking just makes their heads hurt.

“Always seeking, never finding.” sums it up nicely. 🙂

By: Bryan

Bryan — Mon, 13 Oct 2008 05:03:30 +0000

The way they are throwing money around, we’ll get there, I have no doubt. Cutting taxes has resulted in nothing but deficits and economic chaos. One would hope that people have finally realized this, but I doubt it. Some people still think you can get something for nothing, and more of those people call themselves fiscal conservatives.

By: hipparchia

hipparchia — Mon, 13 Oct 2008 04:48:41 +0000

i'm all for the confiscatory taxes of the mid-30s through the late 70s myself.

By: Bryan

Bryan — Sun, 12 Oct 2008 22:17:58 +0000

Since I’m one of the people paying the 15.3% starting on the first dollar I make every year, I would love to see it drop, but the Social Security and Medicare systems depend on that for solvency and you do actually get something back for it unless Congress screws it up. I would just as soon that they stay as far away from the Social Security system as possible.

That has been the major tax I’ve paid for the past several years, because the Republicans have been so bad for business and Y2K ate the IT budgets for several years.

By: Scorpio

Scorpio — Sun, 12 Oct 2008 21:06:30 +0000

If you want to ease a burden, doing something about self-employment tax might bring about growth in small businesses. There has to be a better way than the way it is currently apportioned.

By: Bryan

Bryan — Sun, 12 Oct 2008 17:19:30 +0000

If you make $125K taxable under the current system you pay $29,110.75 for an effective rate of 23.3% [according to the 2007 tax instructions]. Under the proposed scheme you pay $25,000 for an effective rate of 20%. The folks below $8K see no change, and only the folks above $350K see a real increase. About 90% of taxpayers will see their bill go down.

Well, Kryten, if Jesus didn’t have a problem paying taxes [Matthew 22], I don’t see why his followers should. Getting something for nothing sounds criminal if not socialist to me 😈

The people who get the services should pay for them.

By: Badtux

Badtux — Sun, 12 Oct 2008 08:04:39 +0000

OMG! You would raise my taxes! Burn the heretic! BURN the heretic!

– Badtux the Snarky Penguin

By: Kryten42

Kryten42 — Sun, 12 Oct 2008 05:45:55 +0000

It’s a very nice idea Bryan. 🙂

No, really… It is! Very nice. Of course, it has 2 flaws… Well, minor niggles …

You want the wealthy to pay more tax than the poor, and you want the wealthy to actually pay tax! 😀 😉

Next, you’ll want to simplify the whole tax system so they can’t get away with paying tax in theory only. I mean, really… And here I thought you were firmly in the reality based World. *sigh*

You may as well also take away the tax-exempt status of Politicians, Religious organizations (most of whom are about as *charitable* as Chaney on a good day)… I mean… where will it end? It’s a bit… radical, doncha think? You are, after all, talking about messing about with the very foundations of *Capitalism*(tm)! You know ‘The rich get richer, and the poor can get stuffed!” system the US (and most Capitalist Nations) are based upon now. 🙂 Didn’t you get the memo?

😉 LOL