Progressive taxes and flat tax rates are not mutually exclusive. We could tier the rates progressively, but eliminate loopholes, credits, incentives, etc. that allow a person to play less than his allotted flat share and allow some earners to pay no taxes at all.
In getting rid of tax deductions you may be doing more harm than good. Deductions allow people to keep more of their money which means they buy things or save money. Either of those things benefit the entire economy. Money being sucked up by Washington helps none of us.
The same thing can be done more simply by setting the flat rates lower. Why should I have to pay more than you just because my mortgage is paid off and I have no dependent children?
again, a surplus is the last thing we want. its taking money from the economy so the government will have more than it needs. nothing could be worse. that money should be in the economy. you dont want tax revenue to rise as a percetage of GDP, that hurts the economy. again, the goal is to grow the economy, not grow tax revenue. it doesnt matter if the government is borrowing if the economy is growing. and again, you never want a surplus.
The only way to pay down a debt is to post surpluses. It cannot be done in any other fashion. Wise up! You miss the point completely. There is no causation between tax revenue and a rising GDP. That is the point, do not miss it again. It always matters if the government is borrowing and wasting money on interest payments. This does not help the economy one bit.
ok. but lets create those supluses with spending cuts please. true because tax revenue might be the result of low rates on a great economy, or high rates that are bringing in tons of revenue. guess which one of those scenarios are hurting the economy. this is like a young couple should not borrow for a home because they will pay interest. interest isnt evil. bad spending is evil.
Because you don't need as much. It's the same argument you make when arguing against private jet deductions.
Because you can afford it man. Look, it costs me X amount of dollars to feed my family every month, and another Y dollars to pay for a home that has enough space for us. You can live on >(X+Y) so you can afford to pay a little more in taxes without much impact on your lifestyle. The above is just hogwash though. Really we should both pay a lot less in taxes than we do. Assuming you pay more than I do, you might should get a bigger break than me.
Red some people would see you as one of the evil rich that doesn't pay their share. I don't but someone probably would. A white guy with no dependents and a big fat retirement account with all those fancy stocks and stuff. He ain't got no bills mr fancy dancy college professor with all that pension money and stuff. Tax his azz! Tax his azz! It's rich folk like him that don't pay enough. See what I mean? Where does the line stop between rich and poor? To you and me the multimillionares and billionares are rich. To someone in the hood YOU are also rich and should pay more.
