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ffmariners 08-02-2004 12:22 PM

Bush and Cronies Look More Attractive
 
As has been done before, the proposal to eliminate the old and outdated institutution such as the IRS has been brought up again. Bush has this as one of his goals for the second term. Where this would be very hard to push, it is respectable that he has made this decision.

A VAT tax would instead take the place of the unconstituional income tax. VAT taxes are progressive and make it so that people who have more disposable income get taxed more [if they use it]

I'll wait to see if anyone cares before I discuss it =p

IamAlejo 08-02-2004 12:30 PM

I've hated income tax forever. It just doesn't make sense to me. A disposable income still will deal with income but it seems a little better.

ffmariners 08-02-2004 12:43 PM

Quote:

Originally Posted by IamAlejo
I've hated income tax forever. It just doesn't make sense to me. A disposable income still will deal with income but it seems a little better.

not rly to do with income cause i described it poorly

necessities [food basic clothes non taxable or minimal taxing]....

but as far as luxuries go.. take cars for example... $0-15,000 (5%), $15,001-25,000 (7%), $25,001-50,000 (9%), $50,001-100,000 (12%).... so on

because if you can afford a 100,000 car you can afford the 12% $12,000
however someone who buys a 10,000 car may not be able to afford the 12% $1200, but only the 5% $500...


to me this is a very good system.. progressive VAT

ffmariners 08-02-2004 12:46 PM

another added benefit is that this will allow the american economy to grow quicker and close the gap in income disparity

it will allow below poverty families to get away each year with barely paying any taxes and saving up to become middle class and get a home/car/etc...

IamAlejo 08-02-2004 01:17 PM

I like the way it sounds. What I meant is that the people bringing in more income are normally the ones that have the expensive cars etc. So it's still like a income tax. But it sounds a lot better, of course I hate the income tax so....

ffmariners 08-02-2004 01:21 PM

yeah, We the People is also trying to file a lawsuit saying the 16th amendment and income tax were illegally added..

Interactive 08-02-2004 09:55 PM

I don't believe in punishing people for being rich, isn't America about equality?

Majority of income tax is imposed by states so it would take quiet a bit to change it. Though, I'm a Bush supporter myself.

ffmariners 08-02-2004 10:05 PM

Quote:

Originally Posted by Interactive
I don't believe in punishing people for being rich, isn't America about equality?

Majority of income tax is imposed by states so it would take quiet a bit to change it. Though, I'm a Bush supporter myself.


it is about equality, a rich man and a poor man should have an equal chance at affording dinner and a place to live.

Interactive 08-02-2004 10:13 PM

Quote:

Originally Posted by ffmariners
it is about equality, a rich man and a poor man should have an equal chance at affording dinner and a place to live.

So tax the rich man more because he's rich and makes more money?

ffmariners 08-02-2004 10:48 PM

tax the rich man because he will not notice the loss of money as much

do you think that someone who makes $20,000,000/yr needs to keep 70% of that? Why not take an extra 5-10% from them (they will hardly notice it) and disperse that break to people who cant even afford a place to live?

it is sad when a huge chunk of our nation is below poverty

Interactive 08-03-2004 12:17 PM

Quote:

Originally Posted by ffmariners
tax the rich man because he will not notice the loss of money as much

do you think that someone who makes $20,000,000/yr needs to keep 70% of that? Why not take an extra 5-10% from them (they will hardly notice it) and disperse that break to people who cant even afford a place to live?

it is sad when a huge chunk of our nation is below poverty

Hardly notice it? Money is money, this tax bracket stuff is stupid.

A rich person (generally) is rich because either them or someone in their family worked hard for there money. Now taking money from them and giving it to someone on welfare is plain wrong, how is that hard to understand? If you worked 40-60 hours a week and atleast 10% (which is the lowest amount that can be taken from your income, atleast in AZ), 4-6 hours of what you just worked would goto the government. They'd waste it on some stupid social program and thus you just worked 4-6 hours for nothing.

Do you have a real job by the way?

ffmariners 08-03-2004 02:34 PM

Quote:

Originally Posted by Interactive
Hardly notice it? Money is money, this tax bracket stuff is stupid.

A rich person (generally) is rich because either them or someone in their family worked hard for there money. Now taking money from them and giving it to someone on welfare is plain wrong, how is that hard to understand? If you worked 40-60 hours a week and atleast 10% (which is the lowest amount that can be taken from your income, atleast in AZ), 4-6 hours of what you just worked would goto the government. They'd waste it on some stupid social program and thus you just worked 4-6 hours for nothing.

Do you have a real job by the way?

And a lot of rich people are rich for taking advantage of the hard work of the lower class. Look at all the businessmen, what do they do to get rich? Take advantage of third world countries or manual labor of US citizens (sometimes not like in walmarts case =p).

Either that or they inherit it... Bill gates lineage will be rich forever, and why? Because he had the ability of being sneaky? Wow, anyone can steal technology, but it takes a lot of "hard work" to actually use it and make $50 billion.

And no, no, no. You act as if ALL their money is taxed w/ income tax. LOL. Rich people can afford to shelter half of their income in other countries or stocks. With bushes tax dividend cut, it is cheaper for them to hold the money in "safe stock." How many people below poverty can afford to shelter their income in stocks? 0%?

AND Finally, yes, I have three jobs (as if it should matter), I work 60 hours a week. I am cutting back to one job when I go to college though.

edit: just for the hell of it, I will clarify my jobs so you dont ask.
Best Buy - 30 hours a week
Veterans Mortgage - 15 hours a week
McClosky's Antiques - 15 hours a week


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