English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

Income taxes punish the labor force for earning wages. A true fair tax is one striclty based on expendatures. Regardless of how you obtain your money, you are taxed at the time you spend it. Then, if your purchasing a big ticket item, you pay more tax than a less expensive model. This is not rocket science. Any red neck can see it is a better way to conduct business. Why can our educated leaders not?

2007-05-22 05:28:45 · 5 answers · asked by Jason McCormAck 2 in Business & Finance Taxes United States

5 answers

progressive taxation - those who have less mony have to spend a higher proportion of their income on necessities like rent, food etc. Those who can aford luxuries pay more tax.

(And, FYI, I have a good job and solid income and pay my fair share of tax. I don't begrudge money for health care, education and to reduce the burden on those too sick or crazy to work.)

2007-05-22 05:38:46 · answer #1 · answered by mr_fartson 7 · 0 0

It's not nearly as simple as you are making it out to be. The current tax system gives substantial breaks to low-income people - a low-income family probably doesn't pay any federal income taxes - under your proposal, they'd pay quite a bit. The burden would fall on low and middle income people by changing to your version - is that "fair"? You could argue that it is, that everyone should be treated the same, but not everyone would agree.

That said, I do agree that our present system is WAY too complex.

2007-05-22 05:42:37 · answer #2 · answered by Judy 7 · 1 0

that's punctiliously unfair, on the exterior. although, many sorts of the honest tax plans contain what's called a prebate. this could if truth be told be a tax refund for all of us, for the sales tax on a undeniable point of goods, probably, even though is desperate to be necessary for someone to proceed to exist. One determine that's tossed around is 30k of goods. this could if truth be told erase any taxes for roughly 0.5 the inhabitants. Now, it could decrease the taxes on many wealthy, whether yet, it could additionally if truth be told tax vice, like drug sales or prostitution, that are at the instant untaxed. to boot, it could get rid of extensive quantities of the IRS. So, in concept, the U. S. could desire to in all possibility internet an excellent income. i myself prefer a honest tax plan if it is composed of a prebate. i think of the IRS is a lot too bloated, and tax coaching and submitting is a lot too cumbersome for many human beings. there's a clarification why tax utility, tax accounting and tax coaching centers are all extensive industries.......it shouldnt be like that. to boot, there are literally billions of dollars of business enterprise being performed in unlawful products and centers that arent being taxed now, that could desire to be producing tax gross sales while that money is used to purchase respected products and centers.

2016-11-26 01:11:09 · answer #3 · answered by Anonymous · 0 0

Just look at all the jobs created by our tax system. Just like we need foreign wars to keep our defense industries humming along.

2007-05-22 08:45:33 · answer #4 · answered by acmeraven 7 · 0 0

Because the Democrats get a high percentage of their votes from people who don't pay any taxes (poor) and they want to protect them from taxes. They prefer taxes that collect progressively higher rates from people who earn and spend above average.

2007-05-22 05:36:47 · answer #5 · answered by Anonymous · 1 2

fedest.com, questions and answers