bounty44
Posts: 6374
Joined: 11/1/2014 Status: offline
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quote:
ORIGINAL: thompsonx ORIGINAL: bounty44 ORIGINAL: thompsonx ORIGINAL: KenDckey I am more in favor of just a flat tax. It guarantees a percentage of everyone's income. The larger the income, the more actual dollars go toward taxes. It really wouldn't matter how much you make, we all would pay our share. Not at all. All it does is make rich people richer and poor people poorer. If that concept escapes you perhaps you might take it up with a fourth grade math teacher. why dont you elucidate on "that concept" and actually take us through the financial math yourself. especially as its so simple a 4th grade math teacher can do it. Ro did a pretty good job of it so I will just repost his response since you obviously had your head up your ass while he was posting it. So lets play with the numbers for shits and giggles and lets say your fair share is 75% of everything you make. You advocate a flat tax so the person making 10 grand pays 7500, with 2500 bucks left to live on for the year while the person making 10 million pay 7.5 million with 2.5 million to live on for the rest of the year. Instead of the graduated tax we have now where the person who earns 10,000 pays nothing at all. So why shoudl the poor vote for the flat tax? I didn't ask realone, I asked you. and realone did nothing of the sort. all he did was illustrate what a 75% tax (absurd to begin with) does to two different numbers. apart from that those arent the actual mechanics of a flat tax, there is nothing in that that shows how the "rich get richer"---unless you count, which I suspect you do being a leftie type, that being able to hang on to more of your own money means "getting richer?" whats more, typical flat tax plans replace other "taxes", most notably, the payroll tax (and retain the earned income credit as well). the net effect there is again, that even the "poor" get to hang on to more of their money. they also still include a deduction and personal exemption. in ted cruz's case for instance, its 10k, with a 4k personal exemption. and under his plan, a family of 4 doesn't pay any tax until after 36k. so, tell me again which one of has the head in ass thing going on?
< Message edited by bounty44 -- 1/12/2016 5:23:40 AM >
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