oops...

[cynic]

oops....

 

[Clutch]

F-off, covetous commie

 

[gator_hater]

That not so self made man has paid infinitely more than his " fair share" in taxes. Why should he pay 50% in total taxes and his employees pay closer to 10%?

 

[AirCobra]

This is just more of that Compound Empowerment stuff that is making the rounds on place like Alternet and the Huffington Post. A person in another thread tried to pass it off as a model for the progressive tax system.

Problem is, and something Cynic has yet to explain, is why it doesn't work both ways. If it did a person on Food Stamps for example, should pay higher taxes because they benefit more from the government infrastucture that is in place to distribute food stamps. The rich and middle class pay all the taxes right now to support food stamp programs, yet receive no benefit. Isn't it time fthe ood stamp recipients pay their fair share?

Like most things on Alternet its just more Progressive idiocy that hasn't really been thought through. The progressive tax system as proposed by people like Adam Smith works with simple algebra y=mx+b. This way no one could make a case for food stamp recipients paying their "fair share", or trying to quantify what "fair share" means.

 

[ackattacker]

No tax system is fair to everyone, but that's irrelevant anyway.

Taxes need only be economically and socially practical.

 

[IBNAV8R]

Trouble is that now, nearly half of all U.S. citizens pay no taxes and thus have no vested interest in how money is being spent. It's not THEIR money.

As Margaret Thatcher said, "The problem with socialism is that sooner or later you run out of other people’s money to spend".

 

[cynic]

sorry guys... I did not mean to leave the link. posting in the regionals was an accident.

 

[Raoul Duke]

The comment above is so true - there are so many people paying $0 that it is a joke to say that the rest of us owe them something. You cant get back on your feet until you get off your a$$

 

[rtmcfi]

Some of you don't know where you fall in terms of socio-economic status....

 

[Nevets]

www.FairTax.com

 

[glasspilot]

Fair tax? Really? To make a fair tax bring in the same amount then you'd have to tax EVERYONE 39%. So, a family of 4 living on $22,000 has to pay 39% leaving them $13,420. Does that seem about right? Or maybe we could just have a progressive tax like we always have and tax the rich a tad more to offset the poor. It's "fair" as the rich got rich BECAUSE of our system of government. Try getting rich in a theocracy.

 

[gator_hater]

Some of you don't know where you fall in terms of socio-economic status....

That's the problem. I know full well where I sit on the ladder. There is a difference in what is best for me and what is best for the country/economy as a whole.

Generally going with the economy will turn out best for everyone in the end. What is best forme now doesn't have a history of working so well.

 

[Nevets]

Fair tax? Really? To make a fair tax bring in the same amount then you'd have to tax EVERYONE 39%. So, a family of 4 living on $22,000 has to pay 39% leaving them $13,420. Does that seem about right? Or maybe we could just have a progressive tax like we always have and tax the rich a tad more to offset the poor. It's "fair" as the rich got rich BECAUSE of our system of government. Try getting rich in a theocracy.

It's actually 23% inclusive/30% exclusive, give or take 1%. In your example, the family would have a negative effective tax rate. The FairTax does tax the rich more.

 

[Clutch]

sorry guys... I did not mean to leave the link. posting in the regionals was an accident.

Your a liberal doosh

 

[Salukipilot4590]

Strong haterade in here