America has problems, but America is NOT THE PROBLEM!~
No loop holes either.
Published on August 1, 2007 By Moderateman In US Domestic

While Campaigning for President in 2004 Mr. Bush promised he would do something about tax reform. True to his word shortly after election he did appoint a bi-partisan Advisory panel on Federal Income Tax Reform, in January 2005, but the present congress is NOT likely to act on any legislation, as tax reform.

Americans are currently spending over 200 Billion dollars a year trying to comply and avoid paying taxes in what is now such an incredibly complex tax system. Bush is spending most of his time fighting off Democratic attacks on his administration and gathering support for the war to do anything forward thinking on the American tax situation.

Every year the tax code gets more and more complex, we do not need another panel or congressional inquiry into tax reform, we need something to simplify it and make everyone pay their fair share.

A simple flat tax would solve all these problems, many nation already have successful flat tax systems in place, the more you make the more you pay, simple as that. A few of the countries that already have flat taxes are, Jersey, Hong Kong, Estonia, Latvia, Lithuania, Russia, and the Ukraine. China is thinking about imposing a flat tax to do away with their tax code. Removal of the income tax would give more incentive for people to save money.

We fought a long and hard war to get away from England's unfair taxation, America is supposed to be a free country with little government interference, however with our current tax system WE MUST PAY A SIGNIFICANT portion of OUR EARNINGS, whether we use government services or not, where is the freedom and justice in this?

 


Comments (Page 2)
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on Aug 02, 2007

Reply By: Demosthenes Locke

I guess my sarcasm was lost.

But think about it.  To the end user (the taxpayer), what is the difference?  They write down how much they made, cross to the table, and write down how much they owe.  Flat or not, it is the same.  ANd if it is going to be an option (leaving the old 1040 as it is), then it is no different from today.

on Aug 02, 2007
Your sarcasm was lost, Dr. Guy. Looks like we found it!
on Aug 02, 2007
Reply from drguy to desmoniouslocke {SP?}

I guess my sarcasm was lost.
But think about it. To the end user (the taxpayer), what is the difference? They write down how much they made, cross to the table, and write down how much they owe. Flat or not, it is the same. And if it is going to be an option (leaving the old 1040 as it is), then it is no different from today.


The difference is today there are loopholes that the very rich can take advantage of.
With a flat tax, period it just comes down to you made X you pay 10% of X no escape clauses, no need to spend Billions a year to CPA'S trying to figure out how to get by paying less, the very rich can afford to pay someone 1,000,000 dollars if they can save 2,000,000 in taxes and for sure they do it all the time.


on Aug 02, 2007
We fought a long and hard war to get away from England's unfair taxation


It was unfair, because the 13 colonies were taxed to provide money to England.

Anything the U.S. Gov taxes is somewhat given back to the U.S. citizen (except money sent oversea). Be it in the form of salaries (which helps the economy roll), subventions, infrastructure development, etc...

When you pay tax, this money is not "lost".

I mean, you right-wing people want a more powerful military, but lower taxes. How are you supposed to pay the former in the same time you cut taxes?
on Aug 02, 2007
(Citizen)JythierAugust 2, 2007 14:36:21


Your sarcasm was lost, Dr. Guy. Looks like we found it!


someone really needs to invent a 'SARCASTIC FONT' SO PEOPLE can read it and know what it is!
on Aug 02, 2007
Tax code is much more important than you would think. After all, if there was no financial benefit for giving to charity, then less people would give to charity. Also the tax benefits of owning a house and paying a mortgage would be reduced, and the credits for going to college and paying student loan interest would disappear. Tax code says a lot about what a nation really cares about. But, it seems that lately all we care about is nothing.
on Aug 02, 2007
How would it benifit anyone over anyone else gene? Explain, if 10 cents came out of every dollar earned how would that benifit the wealthy.


Knowing the logic of gene, it's because poor people will actually have to pay taxes and the "rich" will be equal with everyone else.  That goes directly against his stances on class warfare.
on Aug 02, 2007
The difference is today there are loopholes that the very rich can take advantage of.
With a flat tax, period it just comes down to you made X you pay 10% of X no escape clauses, no need to spend Billions a year to CPA'S trying to figure out how to get by paying less, the very rich can afford to pay someone 1,000,000 dollars if they can save 2,000,000 in taxes and for sure they do it all the time.


I understand a true flat tax, but I was discussing the option that Sam Bronwback was proposing.

I mean, you right-wing people want a more powerful military, but lower taxes. How are you supposed to pay the former in the same time you cut taxes?


By Limiting the government to what the constitution expressly says it can do. Beleive it or not, the Defense budget is a very small percentage of the total federal budget (less than 25%).

on Aug 02, 2007
(Citizen)Island DogAugust 2, 2007 14:56:00


How would it benefit anyone over anyone else gene? Explain, if 10 cents came out of every dollar earned how would that benefit the wealthy.


Knowing the logic of gene, it's because poor people will actually have to pay taxes and the "rich" will be equal with everyone else. That goes directly against his stances on class warfare.


this two Americas thing the Democrats love to throw around so much is just another way of keeping the country divided., Try to remember in the 2004 Election George Bush was the poorest of the candidates having only 13 million dollars, then came Dick Cheney, then came John Edwards, then came Hanoijohn Kerry with assets over one billion
on Aug 02, 2007
then came Hanoijohn Kerry with assets over one billion


But he EARNED that money the old fashion way!

He married it.
on Aug 02, 2007
someone really needs to invent a 'SARCASTIC FONT' SO PEOPLE can read it and know what it is!


I think that is a million dollar idea, MM.
on Aug 02, 2007
(Citizen)Dr GuyAugust 2, 2007 17:45:04


then came Hanoijohn Kerry with assets over one billion


But he EARNED that money the old fashion way!

He married it.


but look at theresa, is that face worth a billion dollars to wake up next to day in and day out? Plus I read she is one mean bitch.
on Aug 02, 2007
someone really needs to invent a 'SARCASTIC FONT' SO PEOPLE can read it and know what it is!


I think that is a million dollar idea, MM.


LocamamaAugust 2, 2007 18:05:43


Hey! was that sarcasm?

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