Explain to me again why a "Flat Tax" is unfair? Thank
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Date: November 21st, 2017 3:12 PM Author: Boyish piazza candlestick maker
I provided a standard shitlib response for entertainment purposes only.
Notwithstanding the foregoing, the Hall-Rabushka tax would be highly regressive, in part because high-income households tend to consume less of their income than lower-income households and because investment income would not be taxed (or rather double-taxed).
(http://www.autoadmit.com/thread.php?thread_id=3800962&forum_id=2#34741089)
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Date: November 21st, 2017 3:21 PM Author: frisky jet-lagged laser beams
fair enough on your first point
but why bring up a consumption tax when we are talking about income tax? and just because 'tend' exists, a flat tax on consumption is still a flat tax.
investment income should be taxed as income. it is income. that aspect of hall rabushka is fairly considered regressive because it treats different types of income differently, by definition, to the wealthier peoples' benefits
(http://www.autoadmit.com/thread.php?thread_id=3800962&forum_id=2#34741173)
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Date: November 21st, 2017 9:50 PM Author: Bistre marvelous legend
I'm not taking it that far. It is entirely plausible, for example if taking $200 from a poor just means they can't afford oxy for the next little while vs. taking $200 from a UMC means he isn't gonna enroll his kids in soccer camp.
Let me be clear, I can also formulate many examples going the other way. I just don't like utility arguments like that because unless we are talking about the taking away of basic necessities (we are not) then its a stupid way to approach things.
(http://www.autoadmit.com/thread.php?thread_id=3800962&forum_id=2#34744697) |
Date: November 21st, 2017 9:04 PM Author: Bearded titillating dilemma rigor
IF you believe in an income tax, THEN that tax should tax labor.
Gains in earnings for high income individual generally does not come from labor. Too often, these individuals gain income from capital, not labor.
Special interests will never let this happen, but tcr tax plan would be 0% up to $150k, ~20% up to 500k, and ~70% thereafter. This stat doesn't get pushed hard enough, but we could have 95% of this country pay jack shit and just tax the fuck out of the super rich. The idea that $60k earners should spend a week doing taxes to write an $8k check is absurd.
(http://www.autoadmit.com/thread.php?thread_id=3800962&forum_id=2#34744403) |
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Date: November 21st, 2017 9:33 PM Author: Bearded titillating dilemma rigor
Yeah, that's absurd. Not even worth the time to fill out the form, have the government look things over, and deal with collections of back taxes.
And just LOL at the logic that not having skin in the game, or the threat of a higher rate, stopping someone from earning more. 10 out of 10 people will choose to earn more and pay more under ANY tax code.
I'm a huge Trumpmo and the plan in my OP is tcr populist solution.
(http://www.autoadmit.com/thread.php?thread_id=3800962&forum_id=2#34744569) |
Date: November 21st, 2017 9:07 PM Author: Dashing elite orchestra pit
its not unfair but impractical
there is no good flat tax rate to use unless you are willing to either destroy the federal govt or the poor/lower middle class people
set it too low to not affect the poor/lower middle class and you wont raise enough revenue. set it too high and you are going to make life miserable for people making < 60K or so
(http://www.autoadmit.com/thread.php?thread_id=3800962&forum_id=2#34744428) |
Date: November 21st, 2017 9:20 PM Author: massive resort private investor
Chris Rock summed it up best talking about alimony
"if you make 30 million and the bitch want 15, that's fine you ain't starvin. but if you make 30 thousand and the bitch want half, you just might have to kill her!"
(http://www.autoadmit.com/thread.php?thread_id=3800962&forum_id=2#34744487) |
Date: November 21st, 2017 10:03 PM Author: Bearded titillating dilemma rigor
*gets paid 80k in stock options*
One weird trick hehe
(http://www.autoadmit.com/thread.php?thread_id=3800962&forum_id=2#34744797) |
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