Published on September 23, 2005 By Island Dog In Politics
I see the useless class warfare rants of the col about how the "evil rich" should support everyone in this country. I also was reading how Michael Moore said people should be taxed like 60% of their income. My question to everyone is, how much should your income be taxed?

I say no more than 15%.


Comments (Page 1)
3 Pages1 2 3 
on Sep 23, 2005
on Sep 23, 2005
I say tax lazy Clueless Old Liberals at 99%, tax fat manipulating film directors at 99% and tax the Hollywood elite that keep saying they will leave the country because of the outcome elections yet never do at 99% and we'll have no problem with taxes.

Seriously, taxing anyone at rates above 15 - 20%, or approximately 30% when combined with state taxes, is just ridiculous. Look at the real numbers, not at the percentages, and see how much money comes in from say 20% of $120,000 a year in income. Look at the same numbers for someone that is bringing in say $35,000 in income (where that individual would typically be paying more like 15% or less in taxes due to breaks aimed at lessening their pain). The real numbers are staggering. Too bad clueless ones never want to talk about real numbers. They want to talk about percentages because they feel it is so unfair that someone would make $120,000 while someone else only makes $35,000 (or less).

Even as they rant on about the issue though, they ignore professional athletes, actors, musicians and others that are making outrageous amounts of money, hiding it all away in shelters, and never really paying taxes on the money at all.

It's all about taking money from "the man", the rich guy/gal that has worked to get ahead in business and is making money on the backs of others. As if all of the classes/categories I listed above aren't doing the same damned thing.
on Sep 23, 2005
How much should we tax? To balance the budget. After we have cut what the majority agree can be cut and we are fully enforcing the existing laws, we need to adjust the tax rates to first balance the budget and then begin generating an annual surplus that is applied to pay down the $8 Trillion we now owe. The rates on varrious income groups should be different for the simple reason of their ability to pay taxes and live. Setting any rate until we know what it will take makes no sense. We do know, at the current tax rates we are over $500 billion out of balance without offsetting the federal deficit with the surplus from Social Security and Medicare. That is BEFORE Katrina or Rita.
on Sep 23, 2005
Thanks for not answering the question col. I asked what you think should be paid. Not you usual rhetoric about the deficit.

What percentage should someone pay?
on Sep 23, 2005
I think everyone should have to pay the percentage that they think someone else shoud have to pay.

It's pretty telling when slime like Michael Moore pay their accountants so much to keep from having to pay "their fair share" while poiting their butt picking fingers at others to pay more!

Class warfare is nothing more than hatemongering from small minded bigots.
on Sep 23, 2005
15% flat rate across all tax brackets, with no way to exempt yourself out of it through shelters or whatnot. No lawyering out of it, no deductions for family or property or charity or whatever. You pay your 15% no matter what... no matter how rich or how poor.

Next, take that income and limit govt spending to fit within that amount. If it falls above the line, cut it. It would be nice to see the govt for once actually abide by a real budget. Set a certain % of that income aside to start paying off debt. Any services the federal government gives up, the states can pick up the slack on, on an individual basis if they so choose.
on Sep 23, 2005
A 15% flat tax would destroy ALL low and most middle income families. There is also no estimates that show a 15% tax would balance the budget and begin paying down the debt. A 15% tax on the poor and middle income workers would also have a very negative impact of spending and economic growth.

Today, I would restore the tax rates on the top two income brackets to the pre 2001 rates-- I think that was 39% and 36%. Tax dividends at the same rates as ordinany income and allow a million dollers per person (2 million for a couple) for the Estate tax and then apply the rates in effect prior to 2001. That million dollar exemption should be indedex by inflation each year. Also defer Estate tax on Family Business and farms that pass to the family. However, if the farm or business were later sold to non family, the estate tax would be due and payable. At the same time, cut the pork ( 20-30 Billion) and increase the enforcement to more fully collect the taxes in effect. After the impact of those actions are clear, look at any remaining deficit to see what other adjustmants, if any, in the tax rates would be needed to balance the budget and begin paying down the $8 Trillion National debt. Is that specific enough?
on Sep 23, 2005
COLON Gangrene, so you would reverse the growth in the economy since 2001.

More mindless bigotry from a sheet and hood wearing class warfare bigot. Attend any lynchings lately?
on Sep 23, 2005
Almost 40% col. No American should pay 40% of their income in taxes.

Are you a socialist col?
on Sep 23, 2005
I'm in favor of a 3 tiered flat tax. 5% for those living at or under the poverty line, 10% for the overwhelming majority of the country, and 15% for the "very" wealthy, perhaps those making 500k per year or more.

No deductions. No loopholes. No shelters. No deferred taxes. Flat rate right out of your paycheck or profit margin and that's it.


I'm in agreement with you on the flat tax whip, but unless we eliminate welfare, your graduated tax will only create more incentive for people to underachieve. Most welfare recipients don't understand the concept that $75,000.00 taxed at 15% is still more than $15,000 tax at 5%. They will only see the bottom line of 5% and insure that they never make enough to get to the next bracket.

I think a flat 15% would be more appropriate combined with the elimination of welfare programs. That way we will have eliminated all incentives for underachieving.

Dammit, and I swore that the next post I saw you on we would completely agree!! This was really close though, wasn't it??
on Sep 23, 2005
Actually, I have to admit that I am unsure what the rate should be, but the rate should be equal.
on Sep 23, 2005
The growth in the economy is first due to low interest rates that stimulated home building and car sales. The part of the tax cut that also helped was the tax cuts to the middle income workers NOT the waelthy. The increase in the debt will take the wind out of the future because of higher interest rates and the increased spending to pay the higher interest.
on Sep 23, 2005
If the rates were equal the impact on the low and middle income would be far more harmful then on the higher income person. It would make there lives impossible and cut spending and lower economic growth. The ability to pay is an essential part of any workable tax system. A simple progressive system is what is best for the Vast majority of workers.
on Sep 23, 2005
A simple progressive system is what is best for the Vast majority of workers.


AKA, for the greater good. Reeking of socialism today aincha?
on Sep 23, 2005
and the bigot sings his song of prejudice and hate again. Let me guess, you don't see why YOU should have to pay 40% of your income right? Just a class warfare queen.
3 Pages1 2 3