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-   -   Way to go republicans, way to go. (https://www.subsim.com/radioroom/showthread.php?t=177605)

AVGWarhawk 12-01-10 03:16 PM

From the same article Mookie

Quote:

I work 33 hours/week at $11.40/hour. My boss wants to give me a lead position and a raise of $0.20/hour. However, he then told me he was doing some figuring, and found that the raise would put in in a new tax bracket, and would thus not be worth it. I am single, no dependents. What do you think?
How nice of the boss to save his $.20/hour. :har: He is single and no dependents? Poor fella. I guess he has a lot to worry about...you know...like himself only. Question is...does he get 401K? Health benefits? There is always more to the story then just your hourly pay when it come to taxes.

Bubblehead1980 12-01-10 03:20 PM

Quote:

Originally Posted by gimpy117 (Post 1544910)
Two wrongs don't make a right wake.

there's a difference between blocking EVERY BILL in congress and not recognizing one speaker once.


They are blocking bills that the rejected lame duck congress has no business trying to pass.The DREAM Act etc will be harmful to this country.They are doing what they should do in addition to fighting to prevent TAX hikes come January.Nothing wrong with being the party of NO when it makes sense, which it has for the past two years and does now also.

The current Congress is too arrogant to just sit back and wait out their lame duck term as most Americans want them to do with the exception of the tax issue and unemployment.They know they can't win in 2012 so they are trying to buy soem votes with DREAM, DADT and labor.The current Dems are such scumbags, really.

The Third Man 12-01-10 03:21 PM

You want taxes? A consumption tax would be the best. Of course eliminating the income tax would be necessary for this to be a fair tax. The rich purchase more than the poor, and would pay more in tax by result.

Tribesman 12-01-10 03:34 PM

Quote:

You want taxes? A consumption tax would be the best
Throughout history consumption taxes have been a disaster, its a major reeason why they brought in income taxes.

Bubblehead1980 12-01-10 03:36 PM

Quote:

Originally Posted by The Third Man (Post 1545033)
You want taxes? A consumption tax would be the best. Of course eliminating the income tax would be necessary for this to be a fair tax. The rich purchase more than the poor, and would pay more in tax by result.


Problem with consumption tax is it adversely affects the non rich.

For example, after college I worked at a law firm for a year, made great money so paying the outrageous taxes already have when went out to dinner, filled up my gas tank or purchased various items didnt really hurt me, I had a salary that was honestly well above the average recent college grad.I started law school this fall and moved away so no longer work there and honestly, a job in law school is not possible right now, maybe next year but during first year? yea right.I have savings and my parents help me, I am not starving or anything, have a nice car, nice apartment etc but I've had to cut my spending quite a bit compared to college and after.Pay enough tax on things already, add another tax on things and drive the cost up some more.This is nothing to someone who is literally rich but to most people, esp the poor it is an issue.Many are harmed by the taxes on various items etc because it literally takes more money from them.

The Third Man 12-01-10 03:41 PM

An example; John Kerry attempted to dodge taxes by berthing his multi-million dollar yacht out of state. Enabling consumption tax would not allow for a trick the rich often employ. That is correct, John Kerry is rich. Loss deduction is another one.

Sales tax would also be eliminated under the consumption tax plan. And the consumption tax could be progressive, if it makes folks feel better.

Sailor Steve 12-01-10 03:43 PM

A Federal consumption tax would not eliminate State taxes. Ergo John Kerry would have acted no differently.

The Third Man 12-01-10 03:46 PM

Quote:

Originally Posted by Sailor Steve (Post 1545047)
A Federal consumption tax would not eliminate State taxes. Ergo John Kerry would have acted no differently.


Yep, he is still trying to take from the poor.

Sailor Steve 12-01-10 03:48 PM

Quote:

Originally Posted by The Third Man (Post 1545049)
Yep, he is still trying to take from the poor.

I agree with you on Kerry, and I agree on taxes in general. I have mixed feelings about the consumption tax. I like the idea of a flat tax, but even then I'm not sure it's the right thing. Personally I like the idea of no direct tax on individuals at all, at least at the Federal level.

The Third Man 12-01-10 04:22 PM

Well, if you think the rich will always be able to have more buying power then a consuption tax would be in the detriment of those who consume greatly. if the income tax was eliminated at the same time the consumption tax is engaged, the incentive to work would increase and saving/ not spending, which this country needs desperately would increase. It would disallow Gov't spending at the same time.

Armistead 12-01-10 04:38 PM

Overall, I'm a moderate republican, but Bush lost me. Looking back give me Bill Clinton anytime, first balanced budget with surplus.

Tax cuts for the rich was a budget disaster, the rich got even richer and the deficit exploded under Bush . We had a great economy for a few years, but it was standing on toothpicks. Bush was the biggest spender in history as far as waste. Obama, big spender, but even though the GOP cried all non biased groups say if we didn't bail out banks the entire economy would've failed leading to disaster. The problem is not so much the bail out, but still no real regulation to make them pay it all back with interest as wall street makes some of the largest profit gains in history.

Right now the GOP has no interest in working with Obama on anything of real substance, out to destroy him and take back power. My guess is it will backfire and put Obama back in the white house for another term.

I think the only hope is if the new congress with all the tea leaves stand up to the lifelong GOP members and get something done. Congress would probably have enough money if they ran like a business forced to use the laws they force on other businesses, instead of a bunch of crack addicts looking for the next fix.

Jimbuna 12-01-10 04:48 PM

You know something....your tax system is arguably as arguable as ours in the UK :doh:

Takeda Shingen 12-01-10 04:52 PM

Quote:

Originally Posted by jimbuna (Post 1545094)
You know something....your tax system is arguably as arguable as ours in the UK :doh:

Now that would be a candidate for a quote of the year if you weren't on the committee.

AVGWarhawk 12-01-10 04:53 PM

Quote:

Originally Posted by jimbuna (Post 1545094)
You know something....your tax system is arguably as arguable as ours in the UK :doh:


Yes, it is quite taxing....

Takeda Shingen 12-01-10 04:54 PM

Oh, it's a punny, punny world. :D


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