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  1. #1
    Join Date
    Dec 1969
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    Re: How would YOU fix the tax code??

    Quote Originally Posted by Hlleonard View Post
    I don't know what could be done to fix the tax boondoggle that we have progressed to in the last 50 or 60 years but it seems to me a flat tax is the worst idea to come down the pike in a long time and it seems to have a very large base of folks who support the flat tax idea ...I don't understand how moving the taxes that are being paid by the top half of income earners to the bottom half of income earners even remotely resembles the right thing to do.
    You ARE aware that the bottom half pay NOTHING in federal income taxes......NOT A **** RED CENT.


    http://www.kiplinger.com/features/ar...stacks-up.html

    OK, I'm a little wrong....they pay 3%.......but yea that sure as **** is fair.

  2. #2
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    Nov 2008
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    Carlisle
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    Re: How would YOU fix the tax code??

    Quote Originally Posted by GeoFisher View Post
    You ARE aware that the bottom half pay NOTHING in federal income taxes......NOT A **** RED CENT.


    http://www.kiplinger.com/features/ar...stacks-up.html

    OK, I'm a little wrong....they pay 3%.......but yea that sure as **** is fair.
    --
    You have a good evening Mr. Fisher.

  3. #3
    Join Date
    Jan 2007
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    Louisville, KY
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    Re: How would YOU fix the tax code??

    Quote Originally Posted by GeoFisher View Post
    You ARE aware that the bottom half pay NOTHING in federal income taxes......NOT A **** RED CENT.


    http://www.kiplinger.com/features/ar...stacks-up.html

    OK, I'm a little wrong....they pay 3%.......but yea that sure as **** is fair.
    And that 50% of the population makes only 13% of all income. The top half makes 87%, the bottom half shares 13% percent, and you say move the tax burden DOWN?

    Marie Antoinette had nothing on you.

  4. #4
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    Re: How would YOU fix the tax code??

    Quote Originally Posted by RoadToad View Post
    And that 50% of the population makes only 13% of all income. The top half makes 87%, the bottom half shares 13% percent, and you say move the tax burden DOWN?

    Marie Antoinette had nothing on you.
    FAIR tax my friend..........My proposal would not sock with with the same as someone in the upper brackets pay, but they'd at least PAY SOMETHING.

    Today, most pay nothing and get a nice fat check called earned income..

    Everyone making up to 10K should be able to pay 5% of their wages towards taxes. PERIOD. Then they should be able to pay a consumption tax on **** they buy.....PERIOD.

    I don't mind paying the tax I pay..what I do mind is paying the tax I pay when 47% of Americans **** from the system.

    I have all the **** I need......If things don't seriously change I just might figure out a way to be poor and collect some of that gubment money.......

  5. #5
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    Re: How would YOU fix the tax code??

    Quote Originally Posted by GeoFisher View Post
    Today, most pay nothing and get a nice fat check called earned income..
    Oh really? And where are you getting THAT statistic from?

  6. #6
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    Re: How would YOU fix the tax code??

    Quote Originally Posted by RoadToad View Post
    Oh really? And where are you getting THAT statistic from?
    http://en.wikipedia.org/wiki/Earned_Income_Tax_Credit

    Hard to read, but in 2004 21 million families got it.........I suspect that is higher now but not too sure.

  7. #7
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    Re: How would YOU fix the tax code??

    Quote Originally Posted by GeoFisher View Post
    http://en.wikipedia.org/wiki/Earned_Income_Tax_Credit

    Hard to read, but in 2004 21 million families got it.........I suspect that is higher now but not too sure.
    --
    I seldom find any points to agree with Mr. Fisher on and I haven't read the link he posted but I see folks every year at tax time who receive the earned income credit find things they need such as (a tattoo they just can't do without, a new gun of some kind they just had to have, and a whole laundry list of these kinds of things they find to spend the money on), it would seem to me that if that is what most of these monies go for and a lot of it seems to be spent frivolously, then why are we giving it to them if they don't actually need it ...This does seem to be wasting tax money.

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