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Old 04-09-2010, 09:13 PM
  #21  
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Originally Posted by Grumble View Post

We ALL benefit from the freedoms in this country and we all use it's resources. We should all share the burden equally. Be it the Fair Tax Act or a flat rate income tax (which would eliminate billions of dollars wasted trying to navigate the tax code). For those earning less than XX dollars, you either pay nothing or get a refund at the end of the year. However there is absolutely no reason that someone making 250K+ should carry a higher percentage than those earning 50K. By definition a flat tax would tax them more anyway.

The system is out of control, along with gov't spending.
I agree with the most of the aspects of the Fair Tax, however my fear is that the government would mutate it into a VAT and keep the income tax (aka class warfare). What politician wouldn't want a new source of revenue and a chance to auction off tax breaks?

Some people seem to have the notion that taxes somehow equal benefits (whether it's roads, schools, etc). Few realize, and to paraphrase de Toqueville, that politicians are simply buying votes by spending other people's money. It is for that reason, I don't believe that a true Fair Tax type system would be put in place, no matter the logic. As a matter of fact, its problem is that it makes too much sense. There is reason for the twisted, corrupt, and seemingly illogical class warfare tax system in place.
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Old 04-09-2010, 09:15 PM
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Originally Posted by FighterHayabusa View Post
Are you really trying to say the 50/50 split is due to those that pay tax and those that don't? Cause if so, you are seriously underestimating the amount of New England suburbanite liberals in the top 50, and definitely leaving out some white Southern Baptist conservatives that live in single wides and are firmly in the bottom 50. Check again, sir - the highest incomes are in the blue states, and redistribution is mostly from the blue states to the red states.
You can't quite seem to seperate the political argument from the economic argument. It is a common malady.
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Old 04-09-2010, 09:21 PM
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Originally Posted by jungle View Post
I find that interesting. If I make a million dollars and you make 10,000 and we are both taxed at 10%, who pays more?

The sad part is that not only are the higher earners paying more for the exact same benefits, but they contribute far more to the economy and the government.
Wrong again. Let's assume a road, and a gasoline tax to build the road and everyone in town drives the same - in this case it's a regressive tax because the richest pay the same in dollar amount, but the least as a percentage of their income. You might think everyone benefits the same from this road, but you'd be wrong again. The rich benefit more because they are more likely to have workers that travel on this road and they are the ones shipping their products on this road. This is a road whose cost is largely borne by working poor simply because there are so many more of them than there are rich people.
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Old 04-09-2010, 09:22 PM
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Originally Posted by jungle View Post
You can't quite seem to seperate the political argument from the economic argument. It is a common malady.
And you can't seem to tell the difference between overall tax burden and one federal tax - also common.
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Old 04-09-2010, 09:29 PM
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Originally Posted by FighterHayabusa View Post
Wrong again. Let's assume a road, and a gasoline tax to build the road and everyone in town drives the same - in this case it's a regressive tax because the richest pay the same in dollar amount, but the least as a percentage of their income. You might think everyone benefits the same from this road, but you'd be wrong again. The rich benefit more because they are more likely to have workers that travel on this road and they are the ones shipping their products on this road. This is a road whose cost is largely borne by working poor simply because there are so many more of them than there are rich people.
Wow. The road is equally available to all, the benefit is the same, if you happen to run more vehicles across it you will pay more, in addition to your higher amount in flat rate taxes.
You have mistaken a higher contribution to both society and government as a derivitive of some element of government largesse, a common and sad error in logic.
Bill Gates didn't get rich because the roads were there or the government taxed him less. It is quite laughable to even think this way.
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Old 04-09-2010, 09:31 PM
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Originally Posted by FighterHayabusa View Post
And you can't seem to tell the difference between overall tax burden and one federal tax - also common.
Still waiting for that study you claim exists showing we all pay about the same. Percentage wise, no. Actual tax paid, no.
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Old 04-09-2010, 09:46 PM
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Originally Posted by jungle View Post
Wow. The road is equally available to all, the benefit is the same, if you happen to run more vehicles across it you will pay more, in addition to your higher amount in flat rate taxes.
You have mistaken a higher contribution to both society and government as a derivitive of some element of government largesse, a common and sad error in logic.
Bill Gates didn't get rich because the roads were there or the government taxed him less. It is quite laughable to even think this way.
and wrong again. It gets even better. The rich person doesn't actually pay the cost of the gasoline tax for his shipping, he passes most of that on to the buyer of his product, creating another hidden regressive tax paid largely by the working poor.
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Old 04-09-2010, 09:48 PM
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Originally Posted by FighterHayabusa View Post
There was a study that showed all Americans pay roughly the same amount of overall tax when the dust finally settles - I'll try to find it again and post it.
If true, this information should be made known to the vast majority of citizens who have no idea how fiercely they are being milked. It would precipitate the mother of all tax revolts.
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Old 04-09-2010, 09:49 PM
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This is the one that shows that most of the red states - the ones so concerned that the rich are paying too much tax, are actually the biggest recipients of Federal tax dollars: The Tax Foundation - Federal Spending Received Per Dollar of Taxes Paid by State, 2005

Last edited by FighterHayabusa; 04-09-2010 at 09:50 PM. Reason: wrong link
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Old 04-09-2010, 09:50 PM
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Originally Posted by FighterHayabusa View Post
and wrong again. It gets even better. The rich person doesn't actually pay the cost of the gasoline cost for his shipping, he passes most of that on to the buyer of his product, creating another hidden regressive tax paid largely by the working poor.
I agree that all corporate taxes are paid by the consumer of that corporations products, to say otherwise is folly.
That is why a flat tax for all and zero corporate tax would be in all of our best interest. Don't you agree?
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