TAX TAX TAX and more TAX

[SD Realtor]

Brian hard work is all relative. However the rate of wages is not determined by me or you, it is determined by the free market. If someone wants to mone coal for a living then that is their choice. If I want to write code or sell homes it is my choice as well and it is hard work. So are all professions but don’t penalize me because I choose to work harder and make more money, regardless of the profession. The bottom line is that I have a simple disagreement about a flat tax. Funny how you all like to make light of those who don’t agree with the enacted polices or namecall those who disagree with moore taxes to enable more spending. Putting a label on a flat tax is fine at it but there is not anything “unfair” about it at all. In fact many of the emerging countries in eastern europe have embraced it.

Honestly it seems to me that there is this inherent mindset out there of those that are successful must carry the burden for those who are not. Thus, they MUST pay a higher tax rate because they make more money. Honestly that is such a jaded outlook that it is laughable. Now without a doubt, even you could see that an ALTERNATE solution can exist where everyone does indeed pay the same rate without loopholes. In fact this solution could exist and in some countries DOES exist. However because of the “debt to society” that some people think is a necessary burden to wealthy people, a flat tax is roundly criticized as being unfair.

The fact of the matter is that is very fair. Unfortuntely it just rubs people the wrong way because they think that those that are successful should pay more. Maybe because of jealousy or envy or personal regret. I am mad as hell that I wasn’t born into wealth but I cannot see how that justifies that a wealthy family should have higher tax rate then my family.

The “fairness” that is “created” by taxing the wealthy is this sort of utopia that to me is a sham. Furthermore that fairness only is relegated to the USA. Because if those people were really honest to themselves, that “debt to society” should be extended worldwide correct? We in the USA are a hell of alot luckier then most of the world population right? A kid who is in Detroit in the projects is luckier then the kid in a camp in Darfur right? So shouldn’t that kid in Detroit have to pay a little bit?

See the “debt to society” argument for wealthier people to pay more is limited in the conversation because to make it abstract shows how unfair it can really be. The reality of the world is just not like that. In fact the wealthy will always be wealthy and the govt will ALWAYS side with the wealthy. If there was a flat tax with no loopholes at least there would actually be some fairness.

[Aecetia]

I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.

Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.

“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.

That should put a damper on the recovery.

http://thehill.com/blogs/on-the-money/domestic-taxes/92801-harkin-calls-for-tax-on-financial-transactions

[Aecetia]

I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.

Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.

“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.

That should put a damper on the recovery.

http://thehill.com/blogs/on-the-money/domestic-taxes/92801-harkin-calls-for-tax-on-financial-transactions

[Aecetia]

I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.

Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.

“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.

That should put a damper on the recovery.

http://thehill.com/blogs/on-the-money/domestic-taxes/92801-harkin-calls-for-tax-on-financial-transactions

[Aecetia]

I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.

Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.

“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.

That should put a damper on the recovery.

http://thehill.com/blogs/on-the-money/domestic-taxes/92801-harkin-calls-for-tax-on-financial-transactions

[Aecetia]

I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.

Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.

“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.

That should put a damper on the recovery.

http://thehill.com/blogs/on-the-money/domestic-taxes/92801-harkin-calls-for-tax-on-financial-transactions

[Coronita]

[quote=briansd1][quote=flu]I did this, to protect myself from this economic train wreck, without any funny money/bailout/stimulas/pork from the Fed, though I’m sure a portion of it went to other people’s pork…And at this rate, I could use extra help…But, finding someone abroad instead of the U.S. is looking more and more tempting these days….[/quote]

Who’s feeling fear and anxiety and threatening to go abroad?[/quote]

Well, if you read my comment, I didn’t say I would physically go abroad. I said, when it comes down to economics when you’re running a business, frankly cost is an issue. Especially with the folks that I work with, it’s not just about hiring overseas because it’s cheaper. In some cases, the talent pool is also more available AND cheaper. So, yeah, I’m considering to ask for someone to do part of the work overseas moving forward to contain cost. I feel bad for all the youngesters starting out or folks who haven’t established themselves in their careers yet. Because at the entry/mid experience, there’s going to be a lot of floundering around if things keep up…

[Coronita]

[quote=briansd1][quote=flu]I did this, to protect myself from this economic train wreck, without any funny money/bailout/stimulas/pork from the Fed, though I’m sure a portion of it went to other people’s pork…And at this rate, I could use extra help…But, finding someone abroad instead of the U.S. is looking more and more tempting these days….[/quote]

Who’s feeling fear and anxiety and threatening to go abroad?[/quote]

Well, if you read my comment, I didn’t say I would physically go abroad. I said, when it comes down to economics when you’re running a business, frankly cost is an issue. Especially with the folks that I work with, it’s not just about hiring overseas because it’s cheaper. In some cases, the talent pool is also more available AND cheaper. So, yeah, I’m considering to ask for someone to do part of the work overseas moving forward to contain cost. I feel bad for all the youngesters starting out or folks who haven’t established themselves in their careers yet. Because at the entry/mid experience, there’s going to be a lot of floundering around if things keep up…

[Coronita]

[quote=briansd1][quote=flu]I did this, to protect myself from this economic train wreck, without any funny money/bailout/stimulas/pork from the Fed, though I’m sure a portion of it went to other people’s pork…And at this rate, I could use extra help…But, finding someone abroad instead of the U.S. is looking more and more tempting these days….[/quote]

Who’s feeling fear and anxiety and threatening to go abroad?[/quote]

Well, if you read my comment, I didn’t say I would physically go abroad. I said, when it comes down to economics when you’re running a business, frankly cost is an issue. Especially with the folks that I work with, it’s not just about hiring overseas because it’s cheaper. In some cases, the talent pool is also more available AND cheaper. So, yeah, I’m considering to ask for someone to do part of the work overseas moving forward to contain cost. I feel bad for all the youngesters starting out or folks who haven’t established themselves in their careers yet. Because at the entry/mid experience, there’s going to be a lot of floundering around if things keep up…

[Coronita]

[quote=briansd1][quote=flu]I did this, to protect myself from this economic train wreck, without any funny money/bailout/stimulas/pork from the Fed, though I’m sure a portion of it went to other people’s pork…And at this rate, I could use extra help…But, finding someone abroad instead of the U.S. is looking more and more tempting these days….[/quote]

Who’s feeling fear and anxiety and threatening to go abroad?[/quote]

Well, if you read my comment, I didn’t say I would physically go abroad. I said, when it comes down to economics when you’re running a business, frankly cost is an issue. Especially with the folks that I work with, it’s not just about hiring overseas because it’s cheaper. In some cases, the talent pool is also more available AND cheaper. So, yeah, I’m considering to ask for someone to do part of the work overseas moving forward to contain cost. I feel bad for all the youngesters starting out or folks who haven’t established themselves in their careers yet. Because at the entry/mid experience, there’s going to be a lot of floundering around if things keep up…

[Coronita]

[quote=briansd1][quote=flu]I did this, to protect myself from this economic train wreck, without any funny money/bailout/stimulas/pork from the Fed, though I’m sure a portion of it went to other people’s pork…And at this rate, I could use extra help…But, finding someone abroad instead of the U.S. is looking more and more tempting these days….[/quote]

Who’s feeling fear and anxiety and threatening to go abroad?[/quote]

Well, if you read my comment, I didn’t say I would physically go abroad. I said, when it comes down to economics when you’re running a business, frankly cost is an issue. Especially with the folks that I work with, it’s not just about hiring overseas because it’s cheaper. In some cases, the talent pool is also more available AND cheaper. So, yeah, I’m considering to ask for someone to do part of the work overseas moving forward to contain cost. I feel bad for all the youngesters starting out or folks who haven’t established themselves in their careers yet. Because at the entry/mid experience, there’s going to be a lot of floundering around if things keep up…

[meadandale]

My combined effective tax rate for 2009 (state/federal/payroll) was over 38%.

Apparently Mark Twain was right…

[meadandale]

My combined effective tax rate for 2009 (state/federal/payroll) was over 38%.

Apparently Mark Twain was right…

[meadandale]

My combined effective tax rate for 2009 (state/federal/payroll) was over 38%.

Apparently Mark Twain was right…

[meadandale]

My combined effective tax rate for 2009 (state/federal/payroll) was over 38%.

Apparently Mark Twain was right…

[Author]

Posts