Bush's Social Security Plan

[Yonivore]

what if the top 1% or so have had more of their burden shifted onto the upper middle class and middle class due to bush's tax rate cuts?

also, when you take into account all federal taxes the effective rate for the bottom quintile and the top quintile end up being about the same.

I believe every American should be invested in their government and that a proportional share of the taxes should be provided by each and every American.

10% (and no, I'm not suggesting the rate) of nothing is nothing so the des ute wouldn't pay.

[office handle]

what about estates? gifts? cap gains? whats included and what is excluded?

[xrayzebra]

what about estates? gifts? cap gains? whats included and what is excluded?

The bottom line is: what do we want Government to do. Do we want
them to provide just the essentials; by that I mean, the military, roads,
airports, sewer, water and other safety issues. Or do we want them to
provide all the social issues. The arts, the gay and lesban agenda,
SOC, health care for all the different groups: MEDICARE, children, disabled,
poor or all citizens. Public radio, public TV, every other charity group.
I included the Gays and Lesbians because it is purely sexual in nature and
their lifestyle revolves around their sexual preference. We now have so
many groups receiving aid from Government that I could not even begin to
cover them in a post on this forum. But back to the basic question: What
do we want our Government to provide. I know the basic post in this
thread was about a federal program: SOC. But look at all levels of
government and what they are providing. Is this really what we want them
to do? Because if it is, then we have to pay the bill and paying the bill
is in only one form, Taxes. I don't care how they (the polls) phrase it,
user fees, sales tax, cigarette tax, whatever it all amounts to the same
thing: TAXES.

About your statement:


"i agree, both parties are to blame for the mess of the tax code, but we've had the supposedly reform minded republicans in control of congress for a decade now and what progress has there been on tax simplification and reduction of loopholes? how about code enforcement? "

Kennedy cut taxes during his administration, Regan during his and now
Bush has during his. In all these administations revenue increased, but
congress, mostly Democrats, but with the blessings of some Republicans
increased spending. Simplification, what a joke. There are so many "special"
interest groups doing their thing with the code, I am not sure it could ever
be "simplified" or the "loopholes" closed. What I and many others like to
see is the whole tax code thrown out and re-written from scratch. But
I wont hold my breath on that, because blue isn't my favorite color. Code
enforcement. Look at San Antonio and ask the question again. I would
bet money they couldn't enforce codes because they have given so many
abatements and never collected, with few exceptions, from those who
have reneged on their agreement.

[office handle]

whoa, i was discussing taxes and now we are onto lesbians?

anyways, whats taxed and what is not? how are gifts handled? estates? investment income?

[sbsquared]

I don't think there should be taxes on gifts - in simple terms - I don't have to pay a tax if you give me a present for Christmas, why should I have to pay a tax on money given to me that you've already been taxed on?

Same thing goes for Estate taxes - that is just pure thievery! A person works hard his whole life and amasses a fortune - he dies and leaves it to his heirs - and, lo and behold, the government thinks they should pay an exhorbitant tax on it again? I say no way!

[office handle]

but what if they were never taxed on some of that income that went into amassing their fortune to begin with?

[Hook Dem]

Who need's SSN when there are IRAs?

Regardless of what you say or think, I'll bet you're gonna need it should you reach the status of senior citizen. And I'll also bet you wont turn it down since you would have contributed over the years. It parallels the thinking on life insurance. It's hard to sell it to young people and impossible to sell it to senior citizens because of being cost prohibitive.

[Yonivore]

I used to be a proponet of a flat tax but, your questions reveal the flaw in that proposition...just what cons utes "income" and how many times is that "income" taxed?

So, I've investigated and have signed on with the tax policy proposed at www.fairtax.org. From their website:

Simply put, the FairTax replaces the way we're currently taxed - based on our annual income - with a tax on goods and services. The FairTax is a voluntary “consumption" tax: the more you buy, the more you pay in taxes, the less you buy, the less you pay in taxes.

Everyone pays their fair share of taxes, and with the FairTax rebate, spending up to the poverty level is tax free. The Federal government is fully funded, including Social Security and Medicare, and you don't need an expert to determine your Federal taxes.

It's simple.

[Hook Dem]

I used to be a proponet of a flat tax but, your questions reveal the flaw in that proposition...just what cons utes "income" and how many times is that "income" taxed?

So, I've investigated and have signed on with the tax policy proposed at www.fairtax.org. From their website:

But look at all the Bureaucrats you'll be putting out of work!

[MannyIsGod]

Yoni, I LARGELY advocate that form of taxing. We agree on something again, the last time that happend it snowed.

[Hook Dem]

Yoni, I LARGELY advocate that form of taxing. We agree on something again, the last time that happend it snowed.

Well, I told you once before that you missed your calling , so I'm gonna get my snowshoes ready!

[xrayzebra]

I used to be a proponet of a flat tax but, your questions reveal the flaw in that proposition...just what cons utes "income" and how many times is that "income" taxed?

So, I've investigated and have signed on with the tax policy proposed at www.fairtax.org. From their website:

Yoni, aren't you talking about "sales tax". Isn't that what has Texas in
trouble now? There is a plan out there about consumption taxes, but it
takes into consideration all goods and services. Or am I confused?

[Yonivore]

Yoni, aren't you talking about "sales tax". Isn't that what has Texas in
trouble now? There is a plan out there about consumption taxes, but it
takes into consideration all goods and services. Or am I confused?

You're confused.