Reply With Quote
I agree completely WC. streamline the IRS before anything.
We can get rid of the cuts. At the same time, lets get rid of most tax deductions. Make the short and long form simple again.
How many people would be willing to pay more in taxes if they don't have to pay someone else to do them anyway?
I agree completely WC. streamline the IRS before anything.
the complexity and opacity of the tax code is how the corps and wealthy game the system in tandem with bought legislators and lobbyists writing the tax code.
it's not complexity for bureaucracy's sake. there's method in the madness.
The most important thing is stop messing with the tax system. Stick with one method so people and businesses know how to plan for the future, instead of always yanking the rug out of someone.
I'll bet many economists will agree it's the talk about hurting someone's tax position that hamper future growth as much or more than a given rate.
And that's why we will never see a system that makes sense.
It takes power away from legislators.
UCA and capitalists get the tax code they pay for.
Who do you think has more influence on introducing/keeping tax cuts? The middle class or the upper class?
I would say the lower class and upper class have about equal pull. It's the middle class that keeps getting screwed.
UCA at work:
Lies, Damned Lies, and Big Oil Statistics
The latest biased report from an oil-industry-funded outfit is “Repealing Tax Deductions on U.S. Energy Companies Exacerbates Federal Deficit, Increases U.S. Debt” by Joseph Mason, a Professor at Louisiana State University. The report was “prepared with the support of the American Energy Alliance,” which receives oil industry funds. The study unabashedly relies on other oil-industry funded research to support its false claims.
In the report, Mason attempts to evaluate the impact of eliminating two special subsidies enjoyed by the oil industry:
Domestic manufacturing deductions for oil production under Section 199 of the U.S. tax code
The treatment of so-called “dual capacity taxpayers” who claim foreign tax credits, including oil companies
These are both arcane tax loopholes that reaped oil companies $29 billion over the past decade.
http://thinkprogress.org/romm/2011/0...il-statistics/
I would say that the upper class have much greater say in determining laws and loopholes. Heck, just look at the financial makeup of Congress, especially the Senate. As a percentage of the population, lower/middle class aren't close to being represented near their national numbers. (Neither are various minorities for that matter, but that's a different issue. Heck, I don't even know of one open atheist in Congress.)
Yes, that's one side of the coin. The other side is making the poor happy.
Democrats pay for votes by subsidizing the poor.
Republicans pay for votes by giving tax breaks to the rich.
For the class warfare Dems- lower class. It is their vote getter. 1. Makes people think they are taking from the evil rich and 2. Gives them an attack on the Repubs. However, like always, when the Buerocrats start making the actual wording is when the upperclass gets their say with all their loopholes and exceptions. So in the end it's equal, IMO.
There is no way the lower class have more (or even close to equal) of an influence over either party. You need proof? Look at the banking bull that just went down over the past 3 years.
I did, dumbass.
looking at it from my simple frame of mind my logic is this. if the govt raises taxes on me and im a wealthy business owner i would raise the price of whatever product i am putting out. i would think doing that would offset the cost of the higher taxes for MYSELF and pass it on down the line to the conusmer. doing so i would be able to maintain my lifestyle and not worry about higher taxes because of the extra revenue coming in. so raise taxes on the richers and lets watch everything else up as well..... sounds like a plan! where can i sign up?
Reagan: ulative tax cuts=275.3B
ulative tax increase= 132.7B
Total net tax cuts= 142.6B
I raised taxes during a recession, dumbass.
And tell me how much Obama's tax cuts have added up to so far.
Thanks in advance.
You tell me. Let me know how well their Pay-Go has worked out for them since their pledge in 06. Preciate it in advance.
I asked you, dumbass.
You gave the numbers for Reagan.
Without a link.
Why don't you give a link to the blog from which you lifted that?
Why? You are just repeating what an orchastra of liberal writers and bloggers are quoting from their favorite sci-fi novelist Paul Krugman. Why should I be in the business of doing your citing. You clearly don't do your homework. I also didn't get it from a blog. I actually did the math re .
I call bull on that. It's too easy to find other examples.
Reagan raised taxes during a recession.
You can't refute that.
That's the subject of this thread.
Trying to change the subject won't change the fact that Reagan raised taxes during a recession.
It's a clear historical fact that Regan raised taxes suring a recession. No blog need be consulted.I didn't ask you to cite my sources; you should be in the business of doing your citing, you colossal idiot.Why should I be in the business of doing your citing.I clearly did, since you did nothing to refute the simple fact that Reagan raised taxes during a recession.You clearly don't do your homework.Where did you get the numbers?I also didn't get it from a blog. I actually did the math re .
Citation needed.
Just because I didn't refute it doesn't mean it's factual. Where did you get your information? Link?
Maybe he's thinking the higher revenues generated from lower taxes was a tax increase?
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
