As I worked on my taxes, all sorts of four letter words came flying out, but none capture my hatred and disdain for them quite like "soccer." I wish the English language had a special word that's exponentially stronger than the f-word. I would only use it about 4 or 5 topics. Every year, I get more enraged about "progressive" income tax percentages, which essentially punish success exponentially, while rewarding economic failure. That is, of course, you make so much that you can get your % to drop like a rock. And while I generally would support a flat tax, I still wouldn't be pleased. Taxes should be like membership fees, with a la carte fees if you want to avail yourself of gov't services beyond the basics.
Yep! The more you make........they more they take. :wink: What's sad is in the end, the person with money in savings will be afforded the same as the person with none..........after the savings is used up first. Trusts should be set up for intended beneficiaries sooner than later. They used to have to be "In place" three years and the law changed recently to 5.
Its about time to start bashing the Stelley Plan again. I am so sick and tired of paying every 8 of 10 persons' share. I got a little break last year because of Katrina, but my state taxes jumped right back up this year. Getting ready to discuss setting up trusts for the kids. You need to do everything possible to try and protect what you have worked so hard for so that the government doesn't come in and take it all for those who don't work so hard (or at all).
Well lo and behold, here's what our assinine tax policy creates. Wealth redistribution, plain and simple. I swear, we should have a membership fee, just like every other organization. Not a percentage, and certainly not a progressive percentage. The lottery's only upside is it's regressiveness. http://www.taxfoundation.org/news/show/2286.html
i read today that john "faggot" edwards plans to fund his universal health care, not by raising taxes of course, but by "rolling back the bush tax cuts". call bush anything you want, but he lowered taxes. if i know nothing else about his domestic policy, that alone makes him ok by me.
Man, do I ever hear you. As a single male with no children, I get the living daylights taxed out of me. At the time that I accepted it, my current job was paying me about 18% more than my previous job. Well, that bumped me into a higher tax bracket, essentially nullifying the pay increase. After being here for 6 months, I got a 10% raise. Well, you'd never know it by looking at my paychecks. So, from what I gather, it would be almost impossible to ever make more than a certain amount if you just keep getting taxed out of every pay increase? I know that's not true, but it certainly seems like it. I would take a flat tax rate. That way, you'd still be paying more if you make more money based on the plain fact that X% of $100 is more than X% of %50. o:I damn well better be getting money back this year (unlike last year)!!!:cuss:
a flat tax rate has always sounded good to me, but i dont understand the ins and outs of it well enough to know how it would affect the economy and government revenues. the economy is like the climate in that there are so many factors involved i can never really wrap my head around what causes what. again, i think we should have a moment of silence to thank george bush for lowering taxes and resisting calls to raise them to cover deficits. my dad always tell me you dont want money back, because you were loaning money to the government that they are paying you back, an d you would be better off owing the the government, effectively having a no interest loan from the government during the year. thats real nice to say and all, but still, money back is sweet when it happens.
I would not oppose a flat tax, but it will never happen. Congress can use the tax code to influence industry and individuals in many ways. For example if congress wants more ethonol cars they create a tax credit for people who them. A flat tax would be a simpler tax structure and would limit the government's ability to manipulate us. I say the same thing. I also have this rule I live by. If anyone tells me that they didn't have to pay taxes because they got a refund I immediately stop talking to that person forever.
