Corporations DO NOT pay their fair share - It is supposed to be 35 to 40%, but several pay NO taxes at all. They can go incorporate in Liberia, for all I care - Greedy, unpatriotic bastards. I like the idea of a flat tax, but will settle for the letter of the law.
PS There is exactly ONE political party in the USA - Quit getting played for a chump. ---In FairfieldLife@yahoogroups.com, <punditster@...> wrote : On 11/23/2014 1:01 PM, fleetwood_macncheese wrote: > The current situation is shameful. > Agreed, but the answer is not in continuing the current tax structure. I am opposed to unfair income taxation. A better idea might be a tax on luxury goods. One of the reason businesses are leaving California and the U.S. is because of unfair corporate taxation. > It is lying with statistics, > The chart was compiled in 2011 by President Obama's Congressional Budget Office (CBO) - it's a non-partisan analysis. It proves that the rich pay almost all of the income tax in the U.S. Do the math. https://www.cbo.gov/ https://www.cbo.gov/ http://www.aei.org/publication/new-cbo-study-shows-rich-dont-just-pay-fair-share-pay-almost-everybodys-share/ http://www.aei.org/publication/new-cbo-study-shows-rich-dont-just-pay-fair-share-pay-almost-everybodys-share/ > based on an outmoded tax structure - Let the ultra-wealthy give something back, besides the minimum. The only reason that chart is trotted out, is to quiet those who know they are being screwed, and to appease the very rich. > So, it's an Obama government conspiracy to "quiet those" who don't pay any income tax? You're not even making any sense today, Jim. The federal government’s most intrusive and potentially punitive institution, the IRS, unquestionably worked for Barack Obama’s reelection by suppressing activities by conservative groups. http://www.washingtonpost.com/opinions/george-will/ http://www.washingtonpost.com/opinions/george-will-in-wisconsin-done-in-by-john-doe/2014/10/24/b30ee2ec-5ad8-11e4-b812-38518ae74c67_story.html > How is someone worth a billion dollars, going to miss a hundred million or so? > A few million here and a few million there and pretty soon you're talking real money. But, seriously it's not about the money - it's all about the jobs. > The ultra rich use a disproportionate share of the common, and they should pay their fair share, without any tax breaks. > Not sure how you figure rich people paying 90% of all the U.S. income tax is paying "their fair share. It sounds more like the rich are the ones being screwed. The only fair income tax would be a flat tax. We are all supposed to be equal under the law, not prejudiced against those that have more. Without the opportunity to be rich people, everyone would be poor. Go figure. "> If they did that, and corporations chipped in their fair share, that would be good enough for me. > It's not good enough for me until they reform the tax code and eliminate the IRS and implement a flat tax. A true flat rate tax is a system of taxation where one tax rate is applied to all income with no deductions. Flat taxes offer simplicity in the tax code, which has been reported to increase compliance and decrease administration costs. A true flat rate tax is a system of taxation where one tax rate is applied to all income with no exceptions. The flat rate would be applied to all taxable income and profits without exception or exemption. It could be argued that under such an arrangement, no one is subject to a preferential or "unfair" tax treatment. No industry receives special treatment, large households are not advantaged at the expense of small ones, etc. Moreover, the cost of tax filing for citizens and the cost of tax administration for the government would be further reduced, as under a true flat tax only businesses and the self-employed would need to interact with the tax authorities. > ---In FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com, <punditster@...> mailto:punditster@... wrote : On 11/22/2014 2:28 PM, fleetwood_macncheese wrote: > Yes, I agree that a larger safety net is necessary, and the bucks for that should come from the ultra wealthy who shirk their national responsibility, by evading taxes. > A new CBO study shows that ‘the rich’ don’t just pay their ‘fair share,’ they pay almost everybody’s share. http://www.aei.org/publication/new-cbo-study-shows-rich-dont-just-pay-fair-share-pay-almost-everybodys-share/ http://www.aei.org/publication/new-cbo-study-shows-rich-dont-just-pay-fair-share-pay-almost-everybodys-share/ > Otherwise, we will continue to see the middle class disappear, and be headed for a second revolution, eventually. Part of the issue, is that corporate titans are seen as great visionaries and geniuses, instead of simply being true to their charter, which is to turn as big a profit, as possible, resources and populations be damned. We need real leaders, not Warren Buffet and a bunch of unethical salesmen, running this country. ---In FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com, <noozguru@...> mailto:noozguru@... wrote : One of the ways of doing it would be guaranteed annual income. That's a safety net and keeps people from becoming desperate. In fact the crime reduction it might produce might pay for it. You can look up the different countries implementing it and see how they are going to pay for it. Otherwise limit how much money anyone can have because we're seeing that billionaires are mentally ill and don't deserve the power they wield. Americans are so brainwashed with a Tarzan like "capitalism good, socialism bad" meme that its difficult to get any decent change and it'll just send us back to the middle ages where there are two classes the extremely wealthy and the extremely poor. Don't stand for it! Nothing brings this out more than than the holiday season or "Crassmust". On 11/22/2014 10:20 AM, fleetwood_macncheese@... mailto:fleetwood_macncheese@... [FairfieldLife] wrote: Yes, but I don't know how that would be possible. This area I now live in, was a paradise for the natives, for 3,000 years - no inter-tribal warfare, and absolute respect for territorial boundaries. But, they had nothing, and lived entirely off the land. I like my tech, and modern life, and not sure how that would happen, without monetary rewards. ---In FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com, <noozguru@...> mailto:noozguru@... wrote : People sure are desperate for making money so they come up with their weirdest ideas. If there is a future it's going to be VERY, VERY weird. Just think what a nicer world this would be if people didn't have to worry about making money. On 11/22/2014 08:11 AM, fleetwood_macncheese@... mailto:fleetwood_macncheese@... [FairfieldLife] wrote: Can't find your car? Hold your key fob up to your head. (Really.) http://www.vox.com/xpress/2014/11/22/7259707/car-key-fob"; class="ygrps-yiv-1642149275ygrps-yiv-923995841ygrps-yiv-1983327919ygrps-yiv-871003146link-enhancr-card-urlWrapper ygrps-yiv-1642149275ygrps-yiv-923995841ygrps-yiv-1983327919ygrps-yiv-871003146link-enhancr-element Can't find your car? Hold your key fob up to your he... It sounds crazy, but it extends its range just a little bit. View on www.vox.com Preview by Yahoo Turn your brain into an antenna, by holding your key fob close to your head...
