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Han Han is offline
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Default Rest iN peace, Mr. Jobs

Leon lcb11211@swbelldotnet wrote in
:

On 10/12/2011 9:37 PM, HeyBub wrote:
Han wrote:

We need to simplify the tax code by eliminating many of the
loopholes and preferences, and tax the wealthier at higher effective
rates. Both corporations and individuals. Payroll taxes have been
going up, as have state and local as well as sales taxes. That has
put more and more of the burden on lower wage earners, while higher
wage earners and those not relying on earned income have gotten a
break. It's time to put more purchasing power in the hands of lower
income people.

And, while not really rich, I always have been comfortable.


The REAL inequity is that 49% of the population pays NO taxes at all!
How is that fair?

I'm with you on eliminating loopholes. There are two goals of the tax
system as it is currently implemented:
1. To raise revenue.
2. To foster (or suppress) social activity.



IMHO the tax solution is for "everyone" to pay the exact same amount
of taxes. THIS WOULD TAKE SEVERAL YEARS TO IMPLEMENT AND THERE COULD
BE SOME EXCEPTIONS BUT DAMN FEW. Every one means a family of 5 pays 5
times what a single person pays. You might be surprised to learn that
it is doable with the understanding that it would take several years
to fully implement.

Would that be fair? Absolutely. Why should you pay more taxes than
your neighbor when he gets the same benefits as you. Why shouldn't he
pays as much in taxes since he gets the same benefits as you?


A fact, a great number of voters do not pay taxes and expect the
government to take care of them. One political party uses these
voters to keep them in office. Take away the freebies and make
everyone pay their fair share and see what happen with government. No
more playing favorites. Every one will expect the government to trim
down and act responsibly because that will lower everyone's taxes. If
you don't pay taxes you really don't care whether the government is
going farther into debt or not.
We need to get the government back to doing what it was intended to
do, defend out country and maintain the infrastructure.


Sounds good, but what you are asking for is a national sales tax. And
then we'd have to up the wages of lower earning people somehow so they
can pay those taxes. And what are you going to do with people who like
to revel in luxury versus the frugal ones? Levy a luxury tax on luxury
items? In the way the Europeans have different scales of VAT for
different classes of merchandise? Remember that over there VAT goes up
to at least 20% for certain things. (VAT is always included in the sale
price).


--
Best regards
Han
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