taxation

[TheMercenary]

Originally Posted by SamIam

Inquiring minds want to know.

I support flattening the tax code, lowering the rate for all, and elimination of nearly all deductions. Including mortgage interests. The only one I would support would be charitable deductions. Everyone will pay federal income tax, there will not be 53% who pay most all of the taxes. There will not be 47% who pay little to no Federal income tax. People should be allowed to make as much as they want legally within the system. No one should not pay anything, millionaires as well as the 47% who paid no federal income tax. The only exception should be made for those at or below the Poverty Threshold, and I would limit the number of people where that number would stop going up. But, hey, be glad I am not King.

No one has a Constitutional right to redistribute wealth, as Obama and his supporters would love to do.

[tw]

Let's just flatten the tax code. Then a whole economy dependent on tax credits, tax deductions, etc will somehow magically survive the shock without bankruptcy and insolvency.

Or we do the smart thing. Slowly take apart the actual problems with the tax code that makes it so complex. That enriches the elite. But that means special interests much admit they are the problem. The richest are too greedy to advance America. After all, the purpose of life is to enrich yourself at the expense of all others. The purpose of a corporation is only its profits. Screw the product. Screw America. That is the purpose of life - according to those who converted a working tax code into a morass of special exemptions - especially for the rich.

Tax code worked so much better in the 1990s. What changed? That is the #1 problem.

[henry quirk]

"Let's just flatten the tax code. Then a whole economy dependent on tax credits, tax deductions, etc will somehow magically survive the shock without bankruptcy and insolvency."


No. Let's abolish the tax code (and taxation, and, the mechanism of governance that depends on taxation) then watch the whole economy collapse.

Time for a little *chaos, I think.

Scores of folks who cannot or who will not self-rely and -defend go bye-bye.

Oh, the cruelty! The inhumanity!

What a monster you are, Quirk! Lacking in all semblance of compassion...pffftt!

Seven billion folks on the planet and at least two-thirds of 'em are just taking up space.

Again: apocalypse NOW!

*shrug*










*The REAL stuff, not the namby-pamby, sanitized, crap everyone is afraid of for no good reason.

I'm talking about Four Horsemen of the Apocalypse shit...disease, cannibalism, raging fires, multiples of violence (and violence! and VIOLENCE!!).

Let’s see 'occupants' worry about 'haves' and 'have-nots' THEN...