Please Obama Fight for higher taxes

[OPECJet]

There comes a time when it may be necessary to look for work outside of one's career field, if even temporarily.

I have been. When you've spent the last 12 years flying airplanes for a living the general assumption is you're leaving as soon as the first flying job opens up. On the same token, if you're not current, it's difficult to impossible to get a flying job.

 

[imacdog]

I understand your difficulties. Keep plugging away.

 

[gret]

You do the math Super Genius


The United States recorded a larger-than-expected $150 billion budget gap in November, the largest shortfall for any November, Treasury Department data showed Friday.
http://mobile.cnbc.com/us_news/40608586/1

Enough RCA! Glass is a good guy and you have stepped out of bounds.


If you want to debate, let me know and we can take turn in the barrel.

 

[RCA]

You do the math Super Genius


The United States recorded a larger-than-expected $150 billion budget gap in November, the largest shortfall for any November, Treasury Department data showed Friday.
http://mobile.cnbc.com/us_news/40608586/1

Enough RCA! Glass is a good guy and you have stepped out of bounds.


This has been taken way to far. I simply pleaded for Obama to fight for higher taxes so rich people have less money to buy the jets we fly. Giving CitationAir an excuse to cut pay.

Let me take a stab at this. Just for fun of course. A few posts prove a more fiscally conservative point of view to be more correct. Glass pilot agrees to watch FOX news and now your outraged. Wow. You might have just moved into my top spot for favorite tylical liberal on flightinfo.com

If you want to debate, let me know and we can take turn in the barrel.[/QUOTE

 

[RCA]

If you want to debate, let me know and we can take turn in the barrel.[/QUOTE]

Let's start here. How is a 5 Billion dollar PER DAY budget deficit good for the fractional industry?

 

[HSDriver]

Okay! Jeeeze! Fine...we need the rich. I get it. I'm over it. I still want universal health care so when I get Cancer I don't lose my job and the insurance I've paid into my whole life...but that's another discussion.

Fair Tax:

Here's my take here. Government taxes what they want to discourage. Look at cigarettes and alcohol. So a fair tax is basically a sales tax, right?

Now you're screwing with the fabric of our economy! We consume. That's what we do. We're Americans..consuming is, well, our forte..

Now, the tree hugger in me tells me that may be a good thing. But the more practical side of me tells me that we need to continue to consume or it'll get real ugly real quick. So if we tax consumption then we discourage consumption.

Besides, the rich will just buy all their toys abroad and avoid the tax anyway, so there goes the point of it.

We can compromise. I'll watch Fox. I'll read Becks book and cut down on MSNBC. But can you guys bend on this "fair tax" thing?

A few points...

1. Every item you buy now is taxed. It has embedded taxes built into the price you pay as a consumer. Take a car for example. Every entity that has a hand in the production of every part on that car has a tax liability that they pass on to you, the consumer. So, you are already being taxed on your consumption, you just don't realize it.

2. Since you'll take home more money, you'll have more money to consume. If you make 50k a year, your take home pay is 50k a year, not 30K. So there should be no issue with continued consumption.

3. Not likey... with the fairtax the toys will be just as cheap in the US than overseas. And more manufacturers will have incentive to come to the us and open up shop due to the favorable tax conditions.

 

[DAS at 10/250]

Okay! Jeeeze! Fine...we need the rich. I get it. I'm over it. I still want universal health care so when I get Cancer I don't lose my job and the insurance I've paid into my whole life...but that's another discussion.

Fair Tax:

Here's my take here. Government taxes what they want to discourage. Look at cigarettes and alcohol. So a fair tax is basically a sales tax, right?

Now you're screwing with the fabric of our economy! We consume. That's what we do. We're Americans..consuming is, well, our forte..

Now, the tree hugger in me tells me that may be a good thing. But the more practical side of me tells me that we need to continue to consume or it'll get real ugly real quick. So if we tax consumption then we discourage consumption.

Besides, the rich will just buy all their toys abroad and avoid the tax anyway, so there goes the point of it.

We can compromise. I'll watch Fox. I'll read Becks book and cut down on MSNBC. But can you guys bend on this "fair tax" thing?

The government has no right nor Constitutional authority to tax anyone into or out of any activity.

Don't forget that a consumption tax would eliminate the income tax. Therefore, if you earned $2000 in a week your paycheck would be $2000 and not some less amount.

A consumption tax would also eliminate the IRS (or at least the vast majority of it) and the related tax burden on the American taxpayer supporting such a bureaucracy. It would also eliminate the expense, time, and burden on the American taxpayer each year trying to comply with a 9000+ page tax code. Every business that exists is currently collecting sales taxes for state, county, and city governments. Adding an additional sales tax would pose a minor burden on an already in place and operating system. Whatever additional expense is incurred with an additional sales tax filing would be more then offset with the savings in no longer filing quarterly business taxes.

What toys abroad? I'm pretty sure Customs will still be around and that Gulfstreams will still be made in Savannah.

Congress has no interest in eliminating the tax code. It is their weapon to punish enemies and to aid friends.