Romney and Obama Videos

[Hlleonard]

Oh.....okay. I apologize for injecting facts into a political matter.


I very much support a flat tax rate for federal income tax.

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Does anybody other than myself believe a flat tax income tax system would take the taxes off the f0lks who can most afford it and put them on the folks who can least afford it or would somebody explain how it wouldn't do that.

[Chubminnow]

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Does anybody other than myself believe a flat tax income tax system would take the taxes off the f0lks who can most afford it and put them on the folks who can least afford it or would somebody explain how it wouldn't do that.

If my understanding of a flat tax is correct...then it would mean EVERYONE pays the same PERCENTAGE regardless of income....10% is 10% is 10%...no matter how much or how little you make, you still pay 10%.

[Hlleonard]

If my understanding of a flat tax is correct...then it would mean EVERYONE pays the same PERCENTAGE regardless of income....10% is 10% is 10%...no matter how much or how little you make, you still pay 10%.

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that is also my understanding of a flat tax but supposedly the tax codes would go away and I can see a ton of cost go away with them, that would be a good thing... If that is the case then we would have no dependent deduction or any of those things so the folks who pay no taxes now would be taxed by some means or another and when you add taxes to those folks you relieve the taxes from the folks who are paying them now. I'm sure Mr Romney's 14 percent would be reduced as I doubt the rate would be as high as that.... That looks like to me the taxes are being moved from the folks who can most afford them to the folks who can least afford them

[HURRICANEBOB]

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that is also my understanding of a flat tax but supposedly the tax codes would go away and I can see a ton of cost go away with them, that would be a good thing... If that is the case then we would have no dependent deduction or any of those things so the folks who pay no taxes now would be taxed by some means or another and when you add taxes to those folks you relieve the taxes from the folks who are paying them now. I'm sure Mr Romney's 14 percent would be reduced as I doubt the rate would be as high as that.... That looks like to me the taxes are being moved from the folks who can most afford them to the folks who can least afford them

Hille, I agree with you that a flat tax would still have to make some amends for folks that had kids, or had disabilitites, was over 65, or had other limited special situations. When I say I support a flat tax, I don't mean "enter income X % = TAX and done deal". Sure there could still be some incentive programs for energy savings or for education. But the tax code could be dramatically simplified, and the number of tax forms reduced, and by doing that, we could reduce the number of return processors, and increase the law enforcement side and go after the folks that cheat. I totally agree, a person who works, makes minimum wage, is supporting 3 kids and a wife who also works, should have a resaonably amount of deductions to help reduce his burden. But, he's still an American, and still benefits from tax dollars, and still should need to contribute even if in some small way.

[Hlleonard]

Hille, I agree with you that a flat tax would still have to make some amends for folks that had kids, or had disabilitites, was over 65, or had other limited special situations. When I say I support a flat tax, I don't mean "enter income X % = TAX and done deal". Sure there could still be some incentive programs for energy savings or for education. But the tax code could be dramatically simplified, and the number of tax forms reduced, and by doing that, we could reduce the number of return processors, and increase the law enforcement side and go after the folks that cheat. I totally agree, a person who works, makes minimum wage, is supporting 3 kids and a wife who also works, should have a resaonably amount of deductions to help reduce his burden. But, he's still an American, and still benefits from tax dollars, and still should need to contribute even if in some small way.

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I'm not sure we could ever get to where we have a fair tax system... We have the same discussions in our little town and I guess everywhere, they talk about a tax that is fair to everyone and nobody has a solution, more tax on property owners and they carry the burden, occupational tax and folks who work here pay the tax over the folks who live here so everything has a backside... I'm not sure why we still have the earned income credit, seems it was instituted to spur the economy in some way when it was brought about, it does look to me like a good bit of that tax refund is simply wasted by the folks who get it but that is an observation from the outside looking in... In any event, in order for the folks to pay any taxes at all we first have to take those refundable credits away from them and that is considerable in some cases... In a situation where those folks get multiple thousands of dollars due to this refund, their tax bill would have to increase by that same amount plus the few percent you spoke of so the end result might be a family's taxes might be increased by a third or more of their yearly income if the credit is counted in that income... If a family now has a 20,000 dollar income and gets 4 or 5 thousand in refundable credits, that makes a 25,000 dollar income so in order for them to pay any taxes they would first have to lose that 5,000 dollars from their income before any taxes were paid by them... If these folks don't need this refund then why are we giving it to them.

[GeoFisher]

If my understanding of a flat tax is correct...then it would mean EVERYONE pays the same PERCENTAGE regardless of income....10% is 10% is 10%...no matter how much or how little you make, you still pay 10%.

Heck, I don't mind a progressive tax....as long as it is PROGRESSIVE for everyone.

Unfortunately, people on the bottom have no dog in the fight. When people at the bottom of the chain cannot even pay 5% in taxes, something is wrong.

Even when I was up and coming and made significantly less than I do now, I still paid taxes......

Now, don't get me wrong, I benefit from tax breaks too. I benefited from child dependent deductions, home mortgage deductions, college credit deductions, etc, etc. but I have not benefited so much that I never paid taxes.

Maybe I need to put myself into a tax bracket that I actually DON'T pay taxes.......If Obama is elected again, maybe I will do that.

On another note, this is the first year in 25 years that I actually got a tax return. The only reason is because I have two kids in college, and took the Horizon tax credit enacted by Obama.......I may not agree, but hey, it's free money.......I guess it is only fitting though, since I've saved for 20 years for college, only to see 1/2 of it go down the tube due to bad economic policies of Bush AND Obama.

Later,

Geo

[TimE]

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Does anybody other than myself believe a flat tax income tax system would take the taxes off the f0lks who can most afford it and put them on the folks who can least afford it or would somebody explain how it wouldn't do that.

What u did. 0-0-), I see it.

[Hlleonard]

What u did. 0-0-), I see it.

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Mr. TimE, pass me a glass of that stuff.

[GeoFisher]

Now, this is pretty dang funny.

[GeoFisher]

Oh.....okay. I apologize for injecting facts into a political matter.

1. Anybody, of any income level, who plays by the rules, and by the rules does not have to pay taxes is okay by me.
2. Should we relook the tax rules? Yes.
3. Should people who earn more pay more? Yes, on a dollar amount basis, but not on a percentage basis. I very much support a flat tax rate for federal income tax.
4. Are there people who don't pay taxes and are constantly on welfare and taking advantage of city, county, state, and federal assistance programs, when in fact they could earn atleast some part of their upkeep? Yes, that's why their entitlements need to be reviewed, and that's why sometimes "we do need more government to police programs with good intent that are being abused"
5. Was Romney attacking those that don't pay taxes? No, he was commenting that those folks would not be likely to vote for him just because he wants tax reform. Makes sense.
6. Were his words taken out of context for political reasons? YES.
7. Was he filmed and recorded without his consent or knowledge? YES
8. When do we get to see the video of Obama's pillow talk with his wive that he didn't know anyone was filming? Oh, that would be an invasion of privacy.....so let's not go there as fair minded Americans. But on teh other hand, lets not fail to publicize video we take without a person's knowledge or consent.


But other than that, I'm not really losing any sleep over it.

AWESOME.

And here is the thing.......this view, is pretty much my view. I lean much more right that that I think but I don't want to hurt anyone trying...

If you earn a wage but still cannot make it, then some help may be necessary, and I understand there are a whole lot of folks that fit that mold.

I will also tell you this......take anyone under the poverty level here, and compare them to real poverty.....or WHAT I grew up in. We don't have a poverty issue here, not if you can own a car, own a tv, own a cell phone, own an XBOX.

Later,

Geo

[HURRICANEBOB]

Anyone can cut and paste 10 paragraphs.........how about what YOU think......

I agree with you, anybody can cut and paste 10 paragraphs.

[Catfish Bob]

I believe that Romney may just barely be the lesser of evil. Problem is that when you vote for the lesser of evil your still left with evil.

I think back to when Obama was elected. Back then a lot of people blindly supported Obama because the GOP was offering up McCain. Most common folk that only follow politics on the tv thought McCain would just be more of the same old rich white repub with no real general interest in the better good of the common folk. So most of them, without doing any homework first, blindly supported Obama. He was anti-war, christian, lower taxes etc,,,,,

Well that is all in the past but now I see the same thing happening all over again with Romney. Lots of people are blindly supporting Romney because they realize that Obama is a commie, no real interest for the common folk, whatever their reasons.
And there is Romney who has a record of PRO health insurance mandate, PRO abortion and guberment funded abortion, PRO gay marriage, all forced upon the people of Massachusetts.
Ohhh but wait,,he only wanted those things for Massachusetts. And big problem I have is that all these God loving, Jesus worshiping folk,,,are going to buy into the lies of this politician who has a track record that goes against their beliefs.

My vote will be for Virgil Goode if he makes it on my state ballot. If not then Gary Johnson.