UKC Forums - JMO our country

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Posted by capt_agricultur on 06-15-2013 01:46 PM:

JMO our country

to get our country back on track.......2 two word phrases.....TERM LIMITS........FLAT TAX.........your opinoins please

Posted by hillbilly56 on 06-18-2013 03:40 AM:

jmo

think that if we could get oboma and his puppets out of office before its to late that would be a good start this is my opion sorry that this is not a 2 word phrase

Posted by truly on 06-18-2013 04:40 AM:

Re: JMO our country

quote:
Originally posted by capt_agricultur
to get our country back on track.......2 two word phrases.....TERM LIMITS........FLAT TAX.........your opinoins please

If you are in favor of FLAT TAX, as a compromise how about we start by flattening our current tax code? All income taxed at same rate, no matter if it is capital gains, carried interest, dividends, labor, or inheritance. Would you support that?

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Posted by trip on 06-19-2013 07:48 AM:

i'd support a flat tax, that way everyone would pay. I'm tired of seeing 30% or more of my check go to the goverment to pay for people that are to lazy to take care of themselves, sit on their couch play video game and eat chips all day on my dime. its sickening.

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Posted by Pat Bizich on 06-21-2013 03:17 AM:

favor both.
Unfortunately our elitist representatives would never vote to cut their cushy paying 2nd jobs and perk benefits.
Flat tax,absolutely

Truly, you threw one in there that I am 100% opposed to taxing and that is inheritances.
I hate that tax and it should be unconstitutional.

If you read the way the government justifies it,it is not a tax on you to receive an inheritance but on the persons that has passed away right to give it to their heirs.AND in the governments words "don't think anyone should get all that income without having to earn it".What a joke!

#1 Depending on their income level the earner already has paid anywhere from 15 to 40% in taxes when it was earned.
Now when you die they want another big cut of it again depending on the amount of wealth you have accumulated in your life time."FOR THE PRIVILEDGE TO PASS IT ONTO YOUR HEIRS"
The government could very well end up with over 50% of your earnings! What a bunch of crap!

#2 I thought that would be double taxation wish is suppose to be illegal?

Sorry Capt for hijacking your post and going on a rant.
DID I SAY..... I HATE THAT TAX!!

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Posted by Lee Stocking on 06-21-2013 04:03 AM:

quote:
Originally posted by Pat Bizich
favor both.
Unfortunately our elitist representatives would never vote to cut their cushy paying 2nd jobs and perk benefits.
Flat tax,absolutely

Truly, you threw one in there that I am 100% opposed to taxing and that is inheritances.
I hate that tax and it should be unconstitutional.

If you read the way the government justifies it,it is not a tax on you to receive an inheritance but on the persons that has passed away right to give it to their heirs.AND in the governments words "don't think anyone should get all that income without having to earn it".What a joke!

#1 Depending on their income level the earner already has paid anywhere from 15 to 40% in taxes when it was earned.
Now when you die they want another big cut of it again depending on the amount of wealth you have accumulated in your life time."FOR THE PRIVILEDGE TO PASS IT ONTO YOUR HEIRS"
The government could very well end up with over 50% of your earnings! What a bunch of crap!

#2 I thought that would be double taxation wish is suppose to be illegal?

Sorry Capt for hijacking your post and going on a rant.
DID I SAY..... I HATE THAT TAX!!

I concur 100%

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Posted by truly on 06-21-2013 05:00 AM:

So Pat and Lee, to be honest you are not in favor of a flat tax. If you want income that is derived from inheritance taxed at a different rate than income derived from any other source then you are not in fact in favor of a flat tax.

To the extent that in all other areas you would be in favor of a flat tax let me ask you this, would you eliminate the per child tax deduction? So that a couple with 4 children would pay the same as a single person?

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patriotism is supporting your country all of the time and your government when it deserves it.
if you think the price of education is high, check out the cost of ignorance!

Posted by GA DAWG on 06-21-2013 08:05 AM:

Its dern sure not getting anywhere but worse with all those IDIOTS up there right now. I believe its to late anyhow. We will never see our old country again.

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Posted by rance56 on 06-21-2013 01:21 PM:

iheritance tax is a bunch of garbage, and the left complain about dividends/capital gains being taxed at 15% but that totally overlook the corporation already paid taxes on the profits utitlized to pay out the dividends in the first place. its never enough when its someone elses money.

example below

"This may not seem like a big deal to some people who don't really earn substantial amounts of dividend income, but it does bother those whose dividend earnings are larger. Consider this: you work all week and get a paycheck from which tax is deducted. After arriving home, you give your children their weekly allowances, and then an IRS representative shows up at your front door to take a portion of the money you give to your kids. You would complain since you already paid taxes on the money you earned, but in the context of dividend payouts double taxation of earnings is legal. "

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Posted by Lee Stocking on 06-21-2013 02:21 PM:

I Am against paying any tax until the our leaders learn how to control spending....Right/ Left and in between..... Hate the inheritance tax not thrilled about capitol gains. I don't like to punish the successful workers with higher taxes.. I think a flat tax could be simplified and implied....I really don't have a good comeback for this question.

Posted by Pat Bizich on 06-22-2013 12:28 AM:

Truly
I am in favor of a flat tax.

The problem with Inheritence taxes is the earner has paid taxes on the income when earned no matter how wages,dividends,invetments,etc. and it is taxed again AFTER they DIE for the PRIVILEDGE to give it to their HEIRS.
So they are in fact being taxed twice on the income they earned.
The tax is calculated on the value of your estate and not the person receiving it.
To me that is double taxation.

As to persons with children and deductions.
Every person and child would be allowed a personal exemption.This would help protect the lower income earners.
The deduction amount IMO should be 10-15,000 per person. After that a scale on amounts after the deductions would be applied
Such as 0-20,000 .....10%
20,001-40,000..............15%
40,001- 100,000...............25%
And so on with the maximum at 35% for earners after persons in the household deductions are applied over 250,000.

No other deductions or credits would be allowed on personal types of incomes that is not related to a business income .

Higher income earners actually sometimes pay less than lower earners as they have access to more credits which lowers their effective rate of taxes they are paying.This scale and flat rate would eliminate that.

I agree that more successful earners should not be punished for being successful but if you check my idea it is what everyone is suppose to be paying right now basically but due to all these deductions do not.

Posted by truly on 06-22-2013 12:59 AM:

quote:
Originally posted by Pat Bizich
Truly
I am in favor of a flat tax.

The problem with Inheritence taxes is the earner has paid taxes on the income when earned no matter how wages,dividends,invetments,etc. and it is taxed again AFTER they DIE for the PRIVILEDGE to give it to their HEIRS.
So they are in fact being taxed twice on the income they earned.
The tax is calculated on the value of your estate and not the person receiving it.
To me that is double taxation.

As to persons with children and deductions.
Every person and child would be allowed a personal exemption.This would help protect the lower income earners.
The deduction amount IMO should be 10-15,000 per person. After that a scale on amounts after the deductions would be applied
Such as 0-20,000 .....10%
20,001-40,000..............15%
40,001- 100,000...............25%
And so on with the maximum at 35% for earners after persons in the household deductions are applied over 250,000.

No other deductions or credits would be allowed on personal types of incomes that is not related to a business income .

Higher income earners actually sometimes pay less than lower earners as they have access to more credits which lowers their effective rate of taxes they are paying.This scale and flat rate would eliminate that.

I agree that more successful earners should not be punished for being successful but if you check my idea it is what everyone is suppose to be paying right now basically but due to all these deductions do not.

Pat, you start your post by stating that you are for a flat tax, but then you want to exclude one type of income [inheritance] and you have four tax brackets, one of them 3.5 times more than another, which hardly seems flat at all.
This is the problem with "flat taxers", when pressed for details they aren't for flat tax at all. How is one person paying 3.5 times more than another person part of a "flat tax" system.
Oh, and heres another question for you. Are you going to eliminate deductions for giving to charity then too? Offerings made at church lose their tax deductibility?

__________________
patriotism is supporting your country all of the time and your government when it deserves it.
if you think the price of education is high, check out the cost of ignorance!

Posted by Pat Bizich on 06-22-2013 01:49 AM:

Like I said No deductions on any thing.And what I am saying IS a flat tax based on your earnings.No loophole deductions which is what I thought the flat tax is all about.

And as I have said repeatedly Inheritance taxes are a second tax on earnings that have already been taxed when they were earned the first time by the same taxpayer.

Answer this question please................
WHY SHOULD YOU PAY A TAX A SECOND TIME TO GIVE MONEY OR YOR BELONGINGS TO ME THAT YOU HAVE ALREADY PAID TAXES ON IT ONCE WHEN IT WAS EARNED BY YOU THE FIRST TIME ???

I am out of here.got things to do!!

Posted by dbprofitt56 on 06-24-2013 06:13 PM:

Ever see the movie Idiocracy? That's the U.S. being ran by Liberals!

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Posted by GA DAWG on 06-24-2013 09:54 PM:

Well lookie here

http://redflagnews.com/headlines/ur...foreign-student

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Posted by Triple K Kennel on 06-24-2013 11:36 PM:

......?

quote:
Originally posted by GA DAWG
Well lookie here

http://redflagnews.com/headlines/ur...foreign-student

Don't jump your guns and believe everything you read.....

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Posted by capt_agricultur on 06-25-2013 02:28 AM:

Help me

inheritance is taxable maening some
one has passed on
My mom sold me the farm $$$$ super cheap...no inher.tax

Posted by truly on 06-26-2013 06:48 AM:

quote:
Originally posted by Pat Bizich
Like I said No deductions on any thing.And what I am saying IS a flat tax based on your earnings.No loophole deductions which is what I thought the flat tax is all about.

And as I have said repeatedly Inheritance taxes are a second tax on earnings that have already been taxed when they were earned the first time by the same taxpayer.

Answer this question please................
WHY SHOULD YOU PAY A TAX A SECOND TIME TO GIVE MONEY OR YOR BELONGINGS TO ME THAT YOU HAVE ALREADY PAID TAXES ON IT ONCE WHEN IT WAS EARNED BY YOU THE FIRST TIME ???

I am out of here.got things to do!!

Pat, the anti "double taxation" issue is every bit as silly the flat tax concept. No dollar has been taxed twice. Every dollar has been taxed hundreds of times. Here is what I mean by that- You get your paycheck which has already been taxed. You go to the store and buy some stuff which will also be taxed. you also use your money to pay for your home, which will also be taxed. You also pay your phone bill which includes taxes. All of the places where you spent your money have employees who get paid in part from the proceeds of your spending. Those employees are taxed on their income, and with the remaining money go out and buy goods and services, just like you did, and are taxed again. And on and on. That is just the way it goes. Money gets taxed [in one way or another] just about every time it changes hands. So don't be thinking just cause some rich dude screams about double taxation that you should be worried about it any more than he is worried about you.
And specifically to those who cry about double taxation on their investments- that is an bigger line of bull. Your original investment is NEVER taxed as income again. Only what it earns is taxed. Example- Charles Koch puts around $5billion in investments per year. That 5$billion dollars earns maybe around $350 million per year. ONLY THE 350$ MILLION GETS TAXED. Not the original $5 billion. So the original investment is never double taxed. Of course he is only gonna pay 15% tax on his earnings while you pay 28%, and you will pay 7-15% FICA on top of that and he will pay none.

__________________
patriotism is supporting your country all of the time and your government when it deserves it.
if you think the price of education is high, check out the cost of ignorance!

Posted by truly on 06-26-2013 06:50 AM:

quote:
Originally posted by dbprofitt56
Ever see the movie Idiocracy? That's the U.S. being ran by Liberals!

I am sure most of the characters in that movie would agree with you. Which you should find alarming!

__________________
patriotism is supporting your country all of the time and your government when it deserves it.
if you think the price of education is high, check out the cost of ignorance!

Posted by rance56 on 06-26-2013 01:21 PM:

quote:
Originally posted by truly
Pat, the anti "double taxation" issue is every bit as silly the flat tax concept. No dollar has been taxed twice. Every dollar has been taxed hundreds of times. Here is what I mean by that- You get your paycheck which has already been taxed. You go to the store and buy some stuff which will also be taxed. you also use your money to pay for your home, which will also be taxed. You also pay your phone bill which includes taxes. All of the places where you spent your money have employees who get paid in part from the proceeds of your spending. Those employees are taxed on their income, and with the remaining money go out and buy goods and services, just like you did, and are taxed again. And on and on. That is just the way it goes. Money gets taxed [in one way or another] just about every time it changes hands. So don't be thinking just cause some rich dude screams about double taxation that you should be worried about it any more than he is worried about you.
And specifically to those who cry about double taxation on their investments- that is an bigger line of bull. Your original investment is NEVER taxed as income again. Only what it earns is taxed. Example- Charles Koch puts around $5billion in investments per year. That 5$billion dollars earns maybe around $350 million per year. ONLY THE 350$ MILLION GETS TAXED. Not the original $5 billion. So the original investment is never double taxed. Of course he is only gonna pay 15% tax on his earnings while you pay 28%, and you will pay 7-15% FICA on top of that and he will pay none.

hey einstien, when they talk about double taxation when it comes to investments, they are refering to the company paying taxes on the profits they make, then you paying taxes on the dividends they pay you from those exact same profits

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Posted by GA DAWG on 06-27-2013 12:10 AM:

Another black eye for the country today. They said the whole country was for gay marriage. Those few who ain't was bigots. LoL. Guess which one I am. Freaking retards. Where they get their numbers? Even Obama has said he thought marriage should be between a man an woman. I guess he changed his mind. He Prolly is gay. The first black gay president lmao!!!

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Posted by michael.magorian on 06-27-2013 03:00 PM:

You can use statistics to prove anything. 40% of all people know that.

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Posted by conhtr1 on 06-28-2013 01:21 PM:

inheritance tax is set up for the "redistribution of wealth". No other reason. I am not in favor of a flat tax but rather a national sales tax. If you save your money, why should the government expect you to pay them? Those that can afford to buy more, pay more. Those with less, pay less. The collection process would free up many IRS workers so it will never pass.

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Posted by capt_agricultur on 06-29-2013 11:02 PM:

....

Ifn its a sales tax......What % you propose

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