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  1. #1
    Join Date
    Nov 2008
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    Quote Originally Posted by HURRICANEBOB View Post
    Just asking opinions here:

    Would a flat tax rate applied across the board no matter what the source of the income or the income amount make this more eqitable? No matter if the income came from capital gains, salary, rent, retail ops, business or personal income, estates. Straight computation of total income for the year, minus total valid deductible expenses = net income, times a single flat rate. Result would be the tax owed, than a few simple tax dedcutions for things we as a nation honor such as seniors and the disabled.

    I think that would also dramatically simplify the tax code, and as a result, allow the nation to take more of the money we pay to operate the IRS lawyers, and regulators, and spend that money insuring compliance, i.e. tax return compliance and tax evasion prosecution.

    And yes, I plead guilty for changing the subject. Guilty....tax me. :-)
    --
    Am wondering how that might work for the 47% or whatever it is that don't pay any federal taxes under the present system... I do agree the tax system we have now is very cumbersome and expensive but I'm not sure how you tax folks who get help from social programs such as food stamps and other programs... If you are giving those folks more in aid than they are paying in taxes it seems to serve no purpose to spend the money it takes to collect taxes from them... Other than just dumping these folks and telling them to survive if you can, it seems we are caught between a rock and a hard place.

  2. #2
    Join Date
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    Quote Originally Posted by Hlleonard View Post
    --
    Am wondering how that might work for the 47% or whatever it is that don't pay any federal taxes under the present system... I do agree the tax system we have now is very cumbersome and expensive but I'm not sure how you tax folks who get help from social programs such as food stamps and other programs... If you are giving those folks more in aid than they are paying in taxes it seems to serve no purpose to spend the money it takes to collect taxes from them... Other than just dumping these folks and telling them to survive if you can, it seems we are caught between a rock and a hard place.
    We are between a rock and a hard place?? Think maybe the politicians who jump at every chance to give money away for social programs have some blame here?? This is what I cannot understand about some of you. You see there is a problem with gubment spending but yet when some group needlessly needs money you start playing the harp and singing woe is me. We as a country are skrewed because of this attitude and all politicians are to blame...especially the Libs and especially Obama. When do some of you Libs realize that the more you loosen the rules, regulations or conditions on getting money from us the harder it is to stop? It's ridiculous. This attitude has to stop. Until we stop this endless spending spree and welfare attitude things WILL NOT change.

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