new bill makes it easier for BO to pay more taxes

H

Horn6721

Hook'em
Apparently BO is too stupid to know anyone can send in money to the Treasury, even people like Buffett who whines that he does not pay enough
So 2 GOP Senators are filing a bill < " According to Thune, the Buffett Rule Act will make it easier for “taxpayers such as the president to pay what they believe is their ‘fair share.’”

Read more:The Link

Very simple now / So simple that Carney will no longer have to pimp for BO by lamenting BO wishes he could pay more

Problem solved. will Dem senators vote for it?
 
It's a stupid proposal offered for no reason other than to make a political point.

It's almost impossible to have an intelligent discussion about taxes nowadays, because if you aren't for big tax hikes on the top bracket, then you hate poor people and children. However, if you think billionaires shouldn't pay a lower tax rates than a school cafeteria worker, then you're a Marxist engaging in "class warfare."

Just another issue on which the country is going to hell because nobody can talk sense on the issue without being called names and having their motives presumed and attacked.
 
PH,

Your post is illustrative of the problem. You presume that advocating a true flat tax (meaning taxing all income the same way) is some kind of ruse to spend more money. Tax fairness and arguing for more spending are often framed the same way because Democrats tend to advocate tax fairness (or their f-ed up version of it), and that's why you jump on how overtaxed six-figure earners are, the fact that the deficit can't be meaningfully reduced with tax increases (which is true), etc. However, the two issues don't necessarily have to go together. One can argue that all people should be taxed at the same rate without advocating higher taxes overall.

I don't want a millionaires tax. I want a real flat tax. (NOTE - In Deezestan, we'd have a national sales tax, but I wouldn't advocate that in the US unless there was constitutional prohibition against having an income tax.) If you make your money as a cafeteria worker, you get taxed at one rate. If you make your money buying and selling assets, you get taxed at the same rate. What that rate should be is a matter of debate that should be based on what levels of government spending the public demands. If the public wants a government that's a $3.6 trillion annual spending machine, then that rate's going to be pretty onerous. However, that's a problem with spending, not tax policy.

In fact, if you really don't want high taxes in general, your emphasis should be on spending. Taxes are driven by spending policy. If your government is spending like drunken sailors, taxes will be high on somebody - either us or our kids (if we deficit spend).

In reply to:
Click to expand...
 
You must log in or register to reply here.

Weekly Prediction Contest

* Predict HORNS-AGGIES *
Sat, Nov 30 • 6:30 PM on ABC

Recent Threads

Prediction Results Threads

2024 Schedules

Back
Top