Article

2013-12-10 Government

Top 40% Paid 106.2% of Income Taxes; Bottom 40% Paid -9.1%

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2013-12-10 00:00|| || Front Page|| [6 views ] Top

#1 Easy Solution: Flat tax - and *everyone* pays! A certain percentage for everybody: no exceptions. That welfare queen has to pay the same X% of that welfare check in taxes that a millionaire has to pay on his income.

No exemptions - because you know the politicians would stretch any exemption all out of proportion.

Posted by CrazyFool 2013-12-10 01:19|| 2013-12-10 01:19|| Front Page Top

#2 But, but, we have to help the poor and the weak---plus pay the salaries of all the people in redistribution business!

Posted by g(r)omgoru 2013-12-10 05:10|| 2013-12-10 05:10|| Front Page Top

#3 Easier solution....

Don't tax incomes it's harmful to the economy. Tax land values instead.

Posted by Bright Pebbles 2013-12-10 09:21|| 2013-12-10 09:21|| Front Page Top

#4 But, but, we have to help the poor and the weak

That should never be part of the Government's responsibility - particularly at the federal level.

And I think you forgot the SARC tag.

Posted by CrazyFool 2013-12-10 09:37|| 2013-12-10 09:37|| Front Page Top

#5 Will there be negative land values? Non productive land? Where does farm ground and grass land fit in? Rural vs. Urban?

Posted by bman 2013-12-10 10:49|| 2013-12-10 10:49|| Front Page Top

#6 In the abstract, it's kind of impressive that Congress has found a way to exceed 100% tax rates.

Posted by Iblis 2013-12-10 11:15|| 2013-12-10 11:15|| Front Page Top

#7 So... who has the best accountant if they could be running in the black?

Posted by Devilstoenail 2013-12-10 17:14|| 2013-12-10 17:14|| Front Page Top

#8 >Will there be negative land values?

No. But Zero tax is possible. Also most citizens getting a equal dividend means in effect most get to live on median value land in the country for free (which is the idea).

Non productive land?
Zero if truly non-productive.

Where does farm ground and grass land fit in?
VASTLY cheaper than city land. It's much more like a tithe.

Rural vs. Urban?
Tax would be 1000+s of times cheaper rurally. Flyover country would gain.

Posted by Bright Pebbles 2013-12-10 21:37|| 2013-12-10 21:37|| Front Page Top

#9 I theoretically own the house I live in, but pay about $2000 for the privilege of continued ownership. Should I not pay that long enough, armed government employees will eventually evict me. I call that a negative value. I theoretically can convert that negative to positive by selling out & living in a hollow log for nuthin'

Posted by Anguper Hupomosing9418 2013-12-10 21:54|| 2013-12-10 21:54|| Front Page Top

#10 If you dropped the 2000 dollars per year the land cost would rise by approximately that annualised gain per year, so only the bank would be better off.

Posted by Bright Pebbles 2013-12-10 23:38|| 2013-12-10 23:38|| Front Page Top

23:38 Bright Pebbles
21:54 Anguper Hupomosing9418
21:51 Anguper Hupomosing9418
21:37 Bright Pebbles
21:31 Glenmore
20:55 JosephMendiola
20:36 JosephMendiola
20:29 SteveS
20:10 JosephMendiola
20:08 Crinenter Elmoth9033
20:07 JosephMendiola
19:58 KBK
19:44 3dc
19:08 swksvolFF
19:01 JosephMendiola
18:48 Barbara
18:44 JosephMendiola
18:35 Iblis
17:59 Raj
17:44 SteveS
17:30 Zhang Fei
17:16 Rambler in Virginia
17:14 Devilstoenail
17:00 Dale