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August 29, 2008 at 8:45 AM #263279August 29, 2008 at 1:41 PM #263161yojimboParticipant
Why not just have a 100% income tax and let the government take care of everyone? Golf is a lame game anyway so I don’t see why anyone should be wasting money playing it when people who partied instead of studying are having a hard time making ends meet.
Buffet seems to want higher taxes as do all the Hollywood elite. If higher taxes are better then wouldn’t 100% be optimal? I’m sure they would support it given that they always make the the prosperity of the country a higher priority than their own.
Besides, most of us can’t make good decisions anyway and rely upon more intelligent and visionary groups to make our decisions for us. Our eating choices, housing choices, driving choices, education choices are all dictated or at least swayed by taxes, subsidies, mandates, regulations, laws, codes etc.
Let’s just go for it and go straight to a command economy where we just go to work everyday, don’t get paid, then stand in line waiting for whatever food stuffs the Peoples Council on Healthy Eating decides to give us. No slaving over the stove every night agonizing over what healthy food to prepare for the family. Just go down to the HFFAC (Healthy Food For All Center) and stand in line to get your meal.
We could all just get GTU’s (generic transportation units) so we wouldn’t have to suffer through any car buying decisions and no one would be able to make others feel inferior by driving expensive flashy cars.
The old Soviet Union did it and it seemed to work out fantastically for them. Their government was full of intellectual, intelligent, progressive people who seemed to have a knack of always making the right decisions for the people. They knew better than to reply upon the market. What does a market know anyway? It’s too bad that economic model collapsed because it had such great potential.
100% income tax. No need for the IRS or tax forms or tax code. It could all be eliminated! Just Do It!
August 29, 2008 at 1:41 PM #263369yojimboParticipantWhy not just have a 100% income tax and let the government take care of everyone? Golf is a lame game anyway so I don’t see why anyone should be wasting money playing it when people who partied instead of studying are having a hard time making ends meet.
Buffet seems to want higher taxes as do all the Hollywood elite. If higher taxes are better then wouldn’t 100% be optimal? I’m sure they would support it given that they always make the the prosperity of the country a higher priority than their own.
Besides, most of us can’t make good decisions anyway and rely upon more intelligent and visionary groups to make our decisions for us. Our eating choices, housing choices, driving choices, education choices are all dictated or at least swayed by taxes, subsidies, mandates, regulations, laws, codes etc.
Let’s just go for it and go straight to a command economy where we just go to work everyday, don’t get paid, then stand in line waiting for whatever food stuffs the Peoples Council on Healthy Eating decides to give us. No slaving over the stove every night agonizing over what healthy food to prepare for the family. Just go down to the HFFAC (Healthy Food For All Center) and stand in line to get your meal.
We could all just get GTU’s (generic transportation units) so we wouldn’t have to suffer through any car buying decisions and no one would be able to make others feel inferior by driving expensive flashy cars.
The old Soviet Union did it and it seemed to work out fantastically for them. Their government was full of intellectual, intelligent, progressive people who seemed to have a knack of always making the right decisions for the people. They knew better than to reply upon the market. What does a market know anyway? It’s too bad that economic model collapsed because it had such great potential.
100% income tax. No need for the IRS or tax forms or tax code. It could all be eliminated! Just Do It!
August 29, 2008 at 1:41 PM #263373yojimboParticipantWhy not just have a 100% income tax and let the government take care of everyone? Golf is a lame game anyway so I don’t see why anyone should be wasting money playing it when people who partied instead of studying are having a hard time making ends meet.
Buffet seems to want higher taxes as do all the Hollywood elite. If higher taxes are better then wouldn’t 100% be optimal? I’m sure they would support it given that they always make the the prosperity of the country a higher priority than their own.
Besides, most of us can’t make good decisions anyway and rely upon more intelligent and visionary groups to make our decisions for us. Our eating choices, housing choices, driving choices, education choices are all dictated or at least swayed by taxes, subsidies, mandates, regulations, laws, codes etc.
Let’s just go for it and go straight to a command economy where we just go to work everyday, don’t get paid, then stand in line waiting for whatever food stuffs the Peoples Council on Healthy Eating decides to give us. No slaving over the stove every night agonizing over what healthy food to prepare for the family. Just go down to the HFFAC (Healthy Food For All Center) and stand in line to get your meal.
We could all just get GTU’s (generic transportation units) so we wouldn’t have to suffer through any car buying decisions and no one would be able to make others feel inferior by driving expensive flashy cars.
The old Soviet Union did it and it seemed to work out fantastically for them. Their government was full of intellectual, intelligent, progressive people who seemed to have a knack of always making the right decisions for the people. They knew better than to reply upon the market. What does a market know anyway? It’s too bad that economic model collapsed because it had such great potential.
100% income tax. No need for the IRS or tax forms or tax code. It could all be eliminated! Just Do It!
August 29, 2008 at 1:41 PM #263426yojimboParticipantWhy not just have a 100% income tax and let the government take care of everyone? Golf is a lame game anyway so I don’t see why anyone should be wasting money playing it when people who partied instead of studying are having a hard time making ends meet.
Buffet seems to want higher taxes as do all the Hollywood elite. If higher taxes are better then wouldn’t 100% be optimal? I’m sure they would support it given that they always make the the prosperity of the country a higher priority than their own.
Besides, most of us can’t make good decisions anyway and rely upon more intelligent and visionary groups to make our decisions for us. Our eating choices, housing choices, driving choices, education choices are all dictated or at least swayed by taxes, subsidies, mandates, regulations, laws, codes etc.
Let’s just go for it and go straight to a command economy where we just go to work everyday, don’t get paid, then stand in line waiting for whatever food stuffs the Peoples Council on Healthy Eating decides to give us. No slaving over the stove every night agonizing over what healthy food to prepare for the family. Just go down to the HFFAC (Healthy Food For All Center) and stand in line to get your meal.
We could all just get GTU’s (generic transportation units) so we wouldn’t have to suffer through any car buying decisions and no one would be able to make others feel inferior by driving expensive flashy cars.
The old Soviet Union did it and it seemed to work out fantastically for them. Their government was full of intellectual, intelligent, progressive people who seemed to have a knack of always making the right decisions for the people. They knew better than to reply upon the market. What does a market know anyway? It’s too bad that economic model collapsed because it had such great potential.
100% income tax. No need for the IRS or tax forms or tax code. It could all be eliminated! Just Do It!
August 29, 2008 at 1:41 PM #263463yojimboParticipantWhy not just have a 100% income tax and let the government take care of everyone? Golf is a lame game anyway so I don’t see why anyone should be wasting money playing it when people who partied instead of studying are having a hard time making ends meet.
Buffet seems to want higher taxes as do all the Hollywood elite. If higher taxes are better then wouldn’t 100% be optimal? I’m sure they would support it given that they always make the the prosperity of the country a higher priority than their own.
Besides, most of us can’t make good decisions anyway and rely upon more intelligent and visionary groups to make our decisions for us. Our eating choices, housing choices, driving choices, education choices are all dictated or at least swayed by taxes, subsidies, mandates, regulations, laws, codes etc.
Let’s just go for it and go straight to a command economy where we just go to work everyday, don’t get paid, then stand in line waiting for whatever food stuffs the Peoples Council on Healthy Eating decides to give us. No slaving over the stove every night agonizing over what healthy food to prepare for the family. Just go down to the HFFAC (Healthy Food For All Center) and stand in line to get your meal.
We could all just get GTU’s (generic transportation units) so we wouldn’t have to suffer through any car buying decisions and no one would be able to make others feel inferior by driving expensive flashy cars.
The old Soviet Union did it and it seemed to work out fantastically for them. Their government was full of intellectual, intelligent, progressive people who seemed to have a knack of always making the right decisions for the people. They knew better than to reply upon the market. What does a market know anyway? It’s too bad that economic model collapsed because it had such great potential.
100% income tax. No need for the IRS or tax forms or tax code. It could all be eliminated! Just Do It!
August 29, 2008 at 2:30 PM #263185CoronitaParticipant[quote]Of course Warren Buffett will not complain about an increased payroll tax, since he only draws a paultry salary; he makes his money off long-term capital gains (not this year….).
Same with Bill Gates, Larry Ellison, etc. The payroll tax only effects persons who are in the processing of earning the income directly and have no choice but to take it as income instead of capiatal gains (a real racket is hedge funds and vc funds, who also manage to make all theeir money through capital gains to avoid income taxes).
The medicare portion of the payroll tax (2.9% for self-employed) already has no limits. But only “payroll” people pay it.
[/quote]Isn’t this one reason why some ceo’s take the $0 salaries. So they don’t need to pay for SSS taxes?
August 29, 2008 at 2:30 PM #263394CoronitaParticipant[quote]Of course Warren Buffett will not complain about an increased payroll tax, since he only draws a paultry salary; he makes his money off long-term capital gains (not this year….).
Same with Bill Gates, Larry Ellison, etc. The payroll tax only effects persons who are in the processing of earning the income directly and have no choice but to take it as income instead of capiatal gains (a real racket is hedge funds and vc funds, who also manage to make all theeir money through capital gains to avoid income taxes).
The medicare portion of the payroll tax (2.9% for self-employed) already has no limits. But only “payroll” people pay it.
[/quote]Isn’t this one reason why some ceo’s take the $0 salaries. So they don’t need to pay for SSS taxes?
August 29, 2008 at 2:30 PM #263398CoronitaParticipant[quote]Of course Warren Buffett will not complain about an increased payroll tax, since he only draws a paultry salary; he makes his money off long-term capital gains (not this year….).
Same with Bill Gates, Larry Ellison, etc. The payroll tax only effects persons who are in the processing of earning the income directly and have no choice but to take it as income instead of capiatal gains (a real racket is hedge funds and vc funds, who also manage to make all theeir money through capital gains to avoid income taxes).
The medicare portion of the payroll tax (2.9% for self-employed) already has no limits. But only “payroll” people pay it.
[/quote]Isn’t this one reason why some ceo’s take the $0 salaries. So they don’t need to pay for SSS taxes?
August 29, 2008 at 2:30 PM #263451CoronitaParticipant[quote]Of course Warren Buffett will not complain about an increased payroll tax, since he only draws a paultry salary; he makes his money off long-term capital gains (not this year….).
Same with Bill Gates, Larry Ellison, etc. The payroll tax only effects persons who are in the processing of earning the income directly and have no choice but to take it as income instead of capiatal gains (a real racket is hedge funds and vc funds, who also manage to make all theeir money through capital gains to avoid income taxes).
The medicare portion of the payroll tax (2.9% for self-employed) already has no limits. But only “payroll” people pay it.
[/quote]Isn’t this one reason why some ceo’s take the $0 salaries. So they don’t need to pay for SSS taxes?
August 29, 2008 at 2:30 PM #263489CoronitaParticipant[quote]Of course Warren Buffett will not complain about an increased payroll tax, since he only draws a paultry salary; he makes his money off long-term capital gains (not this year….).
Same with Bill Gates, Larry Ellison, etc. The payroll tax only effects persons who are in the processing of earning the income directly and have no choice but to take it as income instead of capiatal gains (a real racket is hedge funds and vc funds, who also manage to make all theeir money through capital gains to avoid income taxes).
The medicare portion of the payroll tax (2.9% for self-employed) already has no limits. But only “payroll” people pay it.
[/quote]Isn’t this one reason why some ceo’s take the $0 salaries. So they don’t need to pay for SSS taxes?
August 29, 2008 at 2:50 PM #263195pk92108ParticipantI make over 250K and don’t feel rich at all..Actually, at the end of the day I just live a middle class lifestyle….Why should hard work and productivity be penalized….The liberal whiners should have spent years of post grad education, working weekends and holidays to get to 250K….Why is that some magic cutoff where you get royally dinged??….
August 29, 2008 at 2:50 PM #263403pk92108ParticipantI make over 250K and don’t feel rich at all..Actually, at the end of the day I just live a middle class lifestyle….Why should hard work and productivity be penalized….The liberal whiners should have spent years of post grad education, working weekends and holidays to get to 250K….Why is that some magic cutoff where you get royally dinged??….
August 29, 2008 at 2:50 PM #263409pk92108ParticipantI make over 250K and don’t feel rich at all..Actually, at the end of the day I just live a middle class lifestyle….Why should hard work and productivity be penalized….The liberal whiners should have spent years of post grad education, working weekends and holidays to get to 250K….Why is that some magic cutoff where you get royally dinged??….
August 29, 2008 at 2:50 PM #263461pk92108ParticipantI make over 250K and don’t feel rich at all..Actually, at the end of the day I just live a middle class lifestyle….Why should hard work and productivity be penalized….The liberal whiners should have spent years of post grad education, working weekends and holidays to get to 250K….Why is that some magic cutoff where you get royally dinged??….
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