Defending the Truth

sgtdmski wrote:We pay enough taxes as it is. We have evolved, over several thousand years, from a bent over position, gradually, to an upright position. Now, in one fell swoop, you want us to devolve to a bent over position again.

BOHICA!

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rich people are rich, so they spend more
poor people are poor, so they spend less or none.

Now if you only tax what is spend, poor people will have an advantage if they just start saving without the burden of tax they are seeking right now. Rich people surely want pleasures (cars, houses, whatever) so they spend. Money is no good to them if all they are going to do is save and not buy stuff.

I don't understand how a fair tax would not be...um...fair?

Correct me if I am wrong but there isn't a federal sales tax. You've went and done it now, it will be a bill in Congess Monday!

you know as I was posting that thought ran threw may head.... maybe I shouldn't say this out loud.....

Because it doesn't seek a balance between rich and poor. The gap between rich and poor will only grow.

Unless you embrace true marxism and full communism there will always be a gap between rich and poor. That is the nature of the market. No one in their right mind would pay someone who sweeps the floors as much as they would pay someone who operates on the brain. If they did, the world would be full of floor sweepers and lack brain surgeons.

A flat tax only serves to ensure that everyone pays their fair share. The current tax system is broken. There are far too many deductions and tax credits. In FY 2003 some 1.8 million tax payers had no adjusted income and the government returned to them some 80.4 million dollars.

For example those tax payers making $20,000 per year or less contributed some 390 million dollars to the 6.2 trillion that the IRS collected. If you take a flat tax at 10% that exempts the first $20,000 dollars earned these 2003 tax payers would not have had to pay anything. At the same time the IRS would have collected some 596 trillion dollars instead of the paltry 6.2 trillion. Taking this even a step farther, at the same 10% tax rate, the government could exempt the first $30,000 earned and still manage to collect some 519 trillion dollars. With a 5% tax rate the government could collect 298trillion dollars or 291 trillion dollars respectively. Hell at a 10% tax rate the government could exempt the first 1 million dollars a person makes and still collect 60 trillion dollars, some ten times what they collect now.

The beauty of the flat tax is that it eliminates all the exemptions as well as all the tax credits. That means that no one will be paying in to the system so that others can get money back.

I utilized the data provided at the IRS website to obtain these numbers. My calculations are not a perfect and absolute method, I utilized the top dollar amount for each income bracket subtracting either the first $20,000 or $30,000. However, the numbers they produce are rather intriguing. Without really raising anyones taxes, the government could actual receive more revenue by lower taxes to a flat rate and exempting even more people (some 50 million) from paying taxes.

We live in a country that is based on the ideal that all men are created equal, this tax system is nothing but equal. With this system the government could more than pay down the national debt, and fund the medicaid/medicare and social security systems. All the while treating all citizens equally.

dmk
dmk

Now exactly how to do suppose this is a regression. I thought equality was all about being progressive, what is more progressive or equal than everyone paying the same percentage??? The only people who would object to this idea are those that think the government owes them something, well news flash, it doesn't you receive what you earn.

dmk

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Conservatism, I repeat is not an ideology. It does not breed fanatics....But if you want men who seek, reasonably and prudently, to reconcile the best in wisdom of our ancestors with the change which is essential to a vigorous civil social existence, then you will do well to turn to conservative principles

-Russell Kirk-

I prefer Karl Rove's quote!

As people do better, they start voting like Republicans - unless they have too much education and vote Democratic, which proves there can be too much of a good thing” ---Karl Rove

Notice he didn't say Democrat, he said Democratic, lets get rid of the one party system!
Of, characterized by, or advocating democracy: democratic government; a democratic union.

sgtdmski wrote:Which category of taxation would you say the "flat tax" goes into?

The flat tax is a progressive tax. It is equal and fair. Those who make more still pay more money, however, accross the board, everyone is carrying the same percentage of the taxes.

dmk