Forums | Chat | News | Contact Us | Register |
PSU Social
![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
PSU: I would like to buy a round of Hugs for everyone!
Forums | Chat | News | Contact Us | Register |
PSU Social
![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() |
[Ignore Me] #61 | |||
![]()
__________________
SS89Goku - NC - BR33 - CR5||LFO? Want help upgrading/building a new computer? Will your desktop/laptop run PS2? How PhysX runs on Nvidia and AMD (ATI) systems PlanetSide Universe Rules ![]() |
||||
![]() |
|
![]() |
[Ignore Me] #63 | ||
Hence Obama was just Bush's third term as some people call it.
__________________
SS89Goku - NC - BR33 - CR5||LFO? Want help upgrading/building a new computer? Will your desktop/laptop run PS2? How PhysX runs on Nvidia and AMD (ATI) systems PlanetSide Universe Rules ![]() |
|||
![]() |
|
![]() |
[Ignore Me] #65 | ||
Sergeant
|
I will agree with that. There's a lot of things he could have fought against, or fought harder against, and didn't choose to.
My big issue is that he was a "change" candidate, and the biggest offenses to citizen's civil liberties in a long time as well as the abhorrant POW camp Guantanamo were not solved. They stayed the same. I don't like watching this slippery slope with our rights continue. That's why I try to make sure people realize, at least, what's happening so I don't have to say "I told you so" before they eventually strip that right too. People say that couldn't ever happen, but they are working their way up the chain of amendments they can ignore, for our safety, of course. |
||
![]() |
|
![]() |
[Ignore Me] #67 | ||
Corporal
|
Income tax should be outright replaced with increased sales tax. If you want a fair tax, there it is just as long as there are no loopholes. The only negative side-effect I can think of is it scaring away tourism. For those worried about the jobless, welfare could be improved by giving those on it more of a sales tax break and less of a money handout. Investors would be equally affected by the increased cost of buying/selling stocks. Exported goods aren't affected, import sales are taxed just like everything else.
Of course this is all just the ideal situation. Online merchant companies like Amazon will probably need to stop being exempt from sales tax. There may also be increased black market activity, but the thing is that the black market isn't properly paying its income tax anyway. |
||
![]() |
|
![]() |
[Ignore Me] #68 | |||
Major
|
|
|||
![]() |
|
![]() |
[Ignore Me] #69 | ||
Lieutenant General
|
I don't think they want to realise that what is "fair" to them has nothing to do with good for the economy.
If you tax an equal percentage of all people, then you might take an equal share, but that's not really the effect on purchasing power. Say you earn $15.000 each year, and 15% is taken away, then you are left with around $12.750 to spend on everything you need the entire year, or 365 days. Let's say that each person needs to spend money for housing, food, energy, food, fuel, maintenance, before being able to look at other commodities. Basically, the actual purchasing power of the consumer, would be reduced to a few hundred bucks a week including food, if that. On large sums of money, say $80 million, taking away 12 million in taxes leaves $68 million to spend throughout the rest of the year. Or you can put it on the bank for a nice interest. Often the argument is they can invest more and create more jobs, but there is no guarantee they will and once it's invested in huge Beverly Hills villas it's not like that's actually going to be true at all. So that's a rather moot point. Either way, if you're rich, you're not even going to notice there's a tax, because you don't have to split dimes to get through the day. So the 15% tax rate I mentioned earlier for people who make money with money, is ridiculously low and it's absolutely not fair that people that often work equaly hard or harder (physically/mentally), just with a different job that makes less money, get taxed the same way or even more and are left with not just less, not even a bit less, but so little they have to wonder about their family's wellbeing. If one works and especially if one works hard, one should be rewarded, correct? And what if you can't work due to disabilities? It's easy to say "equal rate is fair", but that's oversimplifying things. Though that's not uncommon. Note that I'm not at all in favour of extravagant handing out of money for unemployed people like some socialist parties want. However, I don't think it's a bad thing that you get some time to move on to the next job without immediately being financially rock bottom. Especially in the US where you can be fired instantly without notice (here, it's two months ahead unless contract breach occured and after you get around 70-80% of your past salary for a short period of time, so you don't immediately have to sell of your house, make an extra loss, etc, while looking for a new job). If you don't have a job after that period, then your state provided income is reduced much further, below minimal wages. This means you can still survive, but it's more attractive to get a job. Even at minimal wages. And Malorn, haven't heard you respond to Warren Buffett's article yet. Last edited by Figment; 2012-04-13 at 09:54 AM. |
||
![]() |
|
![]() |
[Ignore Me] #71 | ||
Lieutenant General
|
It would only be fair if you spend equal %s on food, clothing etc.
So if you earn $8000 and you buy a loaf of bread, you pay $1. If you earn 8 million, you pay 1/8000th too and pay $1000. Then you can say it's flat rate. Flat rate is not "fair", it benefits the rich much, much more than the poor. I don't vote labour, but even I see the consequences of taxing the mass-consumer who stimulate the economy, over those people that hardly spend more on the economy. The whole point of being rich is that you have money stockpiled. Keeping that money going around in the economy is much better for it. You can still stockpile money if you're taxed more, so much that you don't have to work a lot anymore, but a smaller amount is taken out of the economy than would otherwise be the case with a flat rate. |
||
![]() |
|
![]() |
[Ignore Me] #73 | |||
|
||||
![]() |
|
|
Bookmarks |
|
|