The Least Offensive, Yet Effective Tax?

[zacb]

What are your thoughts on this?

[momopi]

What are your thoughts on this?

Flat tax.

[zacb]

Sorry for not putting that. Should have put that .

[Teal Lantern]

Should we really be giving .gov better ideas on how to screw us over?

[zacb]

Actually, no XD . I think if we are to have a tax, I think it should be a tax based upon how much a state takes, thus it would be voluntary (at least on the national level). Then when the state of California imposes taxes on everyone, there will be a revolution. The other taxes outside of usage fees are coercive in my opinion.

[zboy1]

Either a Flat tax or a Fair Tax would be good for the U.S. or any other country for that matter...

The U.S. before the Income Tax, relied on user fees, tariffs, land sales and excise taxes to meet the needs of the government. Why can't the country go back to that as Ron Paul has stated many times before...? It would certainly boost a terrible economy out of the doldrums...

[gsjackson]

Either a Flat tax or a Fair Tax would be good for the U.S. or any other country for that matter...

Unless you happen to be a poor-to-middle-class person, and/or have the slightest concern about achieving a somewhat equitable distribution of society's resources.

Suppose a flat tax of 15 percent. If you make $10K a year -- and quite a few people now are right in that neighborhood -- you're left with $8,500 of disposable income -- barely enough to avoid starving and keep some sort of roof over your head. If you make $20 billion, you're left with $17 billion to dispose of. Considering that most people making that kind of money get it from extracting rents of various kinds, essentially leeching off of the productive economy, this hardly seems like an equitable system of taxation. And please don't tell me that their income reflects the value they have created for society. In the vast majority of cases it doesn't. More like the value they have extracted from society.

[Cornfed]

Obviously the best and fairest tax at the moment would be to round up all the banksters, their corporate cronies, hired goons and publicists and all their families, acquaintances and lickspittles, hire them out for medical experiments, and distribute the revenue from the medical experiments along with the assets they have stolen from us (including their more attractive corporate whores) to the rest of us. It is a no-brainer really.

[gsjackson]

Obviously the best and fairest tax at the moment would be to round up all the banksters, their corporate cronies, hired goons and publicists and all their families, acquaintances and lickspittles, hire them out for medical experiments, and distribute the revenue from the medical experiments along with the assets they have stolen from us (including their more attractive corporate whores) to the rest of us. It is a no-brainer really.

Best "revenue enhancement" program I've heard of yet.

[Devil Dog]

Either a Flat tax or a Fair Tax would be good for the U.S. or any other country for that matter...

Unless you happen to be a poor-to-middle-class person, and/or have the slightest concern about achieving a somewhat equitable distribution of society's resources.

Suppose a flat tax of 15 percent. If you make $10K a year -- and quite a few people now are right in that neighborhood -- you're left with $8,500 of disposable income -- barely enough to avoid starving and keep some sort of roof over your head....

You don't understand FairTax. A single person making $10K per year would have more than $10K with that plan. Research it.

[gsjackson]

Either a Flat tax or a Fair Tax would be good for the U.S. or any other country for that matter...

Unless you happen to be a poor-to-middle-class person, and/or have the slightest concern about achieving a somewhat equitable distribution of society's resources.

Suppose a flat tax of 15 percent. If you make $10K a year -- and quite a few people now are right in that neighborhood -- you're left with $8,500 of disposable income -- barely enough to avoid starving and keep some sort of roof over your head....

You don't understand FairTax. A single person making $10K per year would have more than $10K with that plan. Research it.

I was addressing a flat tax, which is what usually gets floated out there by "reformers."

[Moretorque]

The whole tax system is based on socialist wealth control mechanisms. They don't need the taxes they can just debase the money further by printing more to pay the bills and are doing this as I write this.

Change the money and change the system, other than that you are pissing in the wind.

We cannot believe people still cannot see this counterfeiting con job!

Go read the essay put out by none other than the ex FED chair Alan Greenspan called " Gold and Economic Freedom", these guys know exactly what they are doing. Under the current system a tax code change will change nothing.

Allow me to issue the currency and I care who not makes the laws, and that applies to the taxing code as well.