kallend 2,092 #26 February 2, 2004 QuoteA flat tax is a fine idea- no free rides, no penalties for higher performance. A better one, in my opinion, is a sales tax or 'consumption tax.' The basic jist is to pay a higher tax on purchases, say 28%, but no taxes on income. Every month you get a check in the mail for the taxes you would have paid on food and necessities. The end result is that the $100 TV would cost you $128 instead of the $150+ you need to earn today. This has been studied, economized, theorized, et. al six ways from Sunday. There is no real opposition to this idea. It just needs everyone getting behind it to make it happen. Yes, it will have a few holes and drawbacks (nothing will be perfect) but probably far less then the convoluted spaghetti tax code we have now. www.fairtax.org It will never happen. Too many special interests benefit from the spaghetti tax code we have now, starting with accountants and lawyers, and their clients, and lobbyists, and the corporations they lobby for...... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
kallend 2,092 #27 February 2, 2004 QuoteThe basis question with taxes is: Do you believe that people that make more money should pay more money? If your answer to this is yes, the next question becomes how much more. I believe that a flat tax rate for all would be the answer but the politicains will never allow it. IF we had a flat rate (say 12%) it would be almost impossible for them to raise our taxes. As it stands nobody can figure out our current tax code. I guess my heart burn with taxes is simple. I own a small business, employee 33 people. It s-e-e-m-s that I fall into that group that is suppose to have it made under the current president. But I just don't feel the love. Tommorow I'm calling a new accountant. I keep hearing from the press and demorats how I'm suppose to be not paying taxes and screwing the "little guy" but somehow my current accountant can't find the legal way to do this. gggggggggggggrrrrrrrrrrrrrrrrrrrrrrrrrr but I just got my final tax bill of the year!!!!!!!!!!!! sorry for the vent but I don't get to go by neat skydiving stuff I get to mail in more. For every dollar I made I had to mail in about .47 back. Yep it burns my butt. but I love to jump! Your problem, F, is that you are too small to employ a lobbyist. If you were a major oil company, everything would be different.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Aviatrr 0 #28 February 3, 2004 I haven't done the "official" return yet, but I estimate I should get back about $3500.....not bad considering I paid in over $17,000 this year. I hate income taxes....it should be a consumption/sales tax. All these laws are a pain in the ass to figure out. I'm only getting money back because of home interest deductions.. Mike Quote Share this post Link to post Share on other sites
GrumpySmurf 0 #29 February 3, 2004 Aye, Uncle Sam - an interest-less annual savings account - now downpayment for an entry level 2003 'Duck' - with the whole 0% APR thing, how can one go wrong, plus woman pretty much has the car all day with her volunteer translation gig and her karate. Quote Share this post Link to post Share on other sites
GrumpySmurf 0 #30 February 3, 2004 Aye, you'd probably have better luck exploiting loopholes than getting the laws changed. Gotta love the US o' A, eh? Quote Share this post Link to post Share on other sites
