tax info

[valley]

On the flip side, I wonder what Jesus would say??????????????

After all, He did say to pay to Caeser what was Caeser's. Hmmmmmmmmmmmmmmmmmm ???????????????????????????????

True, but what does that have to do with Uncle Sam?

I support either a flat tax or the fair tax (with certain changes). Think of it, a tax plan that is 10% of the income, with a $15,000 per member of a household that is tax exempt. For example:

If a family of four made 75,000, their total taxible income would be $15,000 or a total income tax of $1500.

Business taxes could work the same: 10% of the profits is to be taxed, or tax them as a C-corp (i believe that is correct), which will pass the tax burdon to the owners as income. The business would then give the owners check to pay the taxes.

Also, close the loopholes that allow higher income individuals to place their money in tax shelters, if it is possible.

Or for that matter, a fair tax that exempts certain necessities and does away with the rebates.

[dbserv]

On the flip side, I wonder what Jesus would say??????????????

After all, He did say to pay to Caeser what was Caeser's. Hmmmmmmmmmmmmmmmmmm ???????????????????????????????

True, but what does that have to do with Uncle Sam?

Well, Caeser was the govt. of Jesus' day in his part of the world and collected the taxes.


"Uncle Sam" is the govt. of our day in our part of the world and collects the taxes.



I, too favor a flat tax. If I recall correctly, Steve Forbes said that a 10% rate would provide all of our needs as a country.

[TW]

I said it before, and I'll say it again!

10% - NO LOOPHOLES - everybody; private citizens, companies, and corporations.

ABOLISH WELFARE (as we know it)! If a person is physically able to work, they don't qualify for welfare. It won't take very long for them to find a job, and put an illegal alien out of work and going home.


TW

[DaJudge]

On the flip side, I wonder what Jesus would say??????????????

After all, He did say to pay to Caeser what was Caeser's. Hmmmmmmmmmmmmmmmmmm ???????????????????????????????

He'd say, "I'm gonna have to catch a whole bunch of fish to get enough money out of their mouths to pay these taxes."

[dbserv]

I said it before, and I'll say it again!

10% - NO LOOPHOLES - everybody; private citizens, companies, and corporations.

ABOLISH WELFARE (as we know it)! If a person is physically able to work, they don't qualify for welfare. It won't take very long for them to find a job, and put an illegal alien out of work and going home.


TW

I'm with you ALL the way!!!


If we're paying them anyway, why can't they do road work, clean the parks, etc.

Although, the Governator tried some of that and the public employee unions put up a HUGE stink and got it defeated. They are WAAAAAAAAAAAAAY too powerful. Arnie should have taken it to the streets and he might have won.


Maybe next time.

[one love]

we do render unto "ceaser" but christ never mentioned anything regarding the amount they charge, as long as it is law we pay . So that reference is not right at all, unless I said I refuse to pay taxes.

Fairtax is the way to go, it works for everyone.

[dbserv]

Since taxes in His time were most likely WAY higher than now, we should probably pay what is required until we can get it changed through legislation or revolution.

[Jennifer Smith]

Haven't you ever heard of Robin Hood?

Jennifer,
Following that logic, it removes all incentives to be financially successful. What is the point of working hard to gain financially when the government (Robin Hood? Yeah, right!) is going to steal it from you and give it to a bunch of people that are too lazy to work for their own money? Our tax system penalizes the successful and rewards the slacker.


TW

I understand, it was only tongue-in-cheek.

I do think it is unfair to tax the wealthy so heavily. On the other hand, I do not agree with an across the board tax either!

[TW]

Haven't you ever heard of Robin Hood?

Jennifer,
Following that logic, it removes all incentives to be financially successful. What is the point of working hard to gain financially when the government (Robin Hood? Yeah, right!) is going to steal it from you and give it to a bunch of people that are too lazy to work for their own money? Our tax system penalizes the successful and rewards the slacker.


TW

I understand, it was only tongue-in-cheek.

I do think it is unfair to tax the wealthy so heavily. On the other hand, I do not agree with an across the board tax either!

Could I ask why? Please explain your reasoning on this. It seems to me that if God did not have a sliding scale for tithes, and required 10% from everybody, then the government could function well with their 10%.


TW

[oletimer]

Jennifer Smith Posted:

TW wrote:

Jennifer Smith wrote:
Haven't you ever heard of Robin Hood?

Jennifer,
Following that logic, it removes all incentives to be financially successful. What is the point of working hard to gain financially when the government (Robin Hood? Yeah, right!) is going to steal it from you and give it to a bunch of people that are too lazy to work for their own money? Our tax system penalizes the successful and rewards the slacker.

TW


I understand, it was only tongue-in-cheek.

I do think it is unfair to tax the wealthy so heavily. On the other hand, I do not agree with an across the board tax either!

Jennifer, most wealthy pay less then most of the rest of us. They can afford to pay for their loop holes. Too many times they don't pay any thing. Not against the rich, as I need their work.

[TW]

Jennifer, most wealthy pay less then most of the rest of us. They can afford to pay for their loop holes. Too many times they don't pay any thing. Not against the rich, as I need their work.

Can you site verifiable statistical data for this? According to IRS data the top 5% of tax payers paid almost 60% of the tax burden, while the bottom 50% of tax payers accounted for only 3% of the taxes paid. This tends to disprove your theory.


TW

[oletimer]

TW Posted:

Can you site verifiable statistical data for this? According to IRS data the top 5% of tax payers paid almost 60% of the tax burden, while the bottom 50% of tax payers accounted for only 3% of the taxes paid. This tends to disprove your theory.

No I can't site verifiable satistical data for this, Most is hear say. At this time all I have is your word for your point. Not that I'm doubting you, but as you ask for proof of me how about giving it your self. Thanks

[one love]

Since taxes in His time were most likely WAY higher than now, we should probably pay what is required until we can get it changed through legislation or revolution.

that was my point, so long as it is law we have to pay

[one love]

Jennifer Smith Posted:

TW wrote:

Jennifer Smith wrote:
Haven't you ever heard of Robin Hood?

Jennifer,
Following that logic, it removes all incentives to be financially successful. What is the point of working hard to gain financially when the government (Robin Hood? Yeah, right!) is going to steal it from you and give it to a bunch of people that are too lazy to work for their own money? Our tax system penalizes the successful and rewards the slacker.

TW


I understand, it was only tongue-in-cheek.

I do think it is unfair to tax the wealthy so heavily. On the other hand, I do not agree with an across the board tax either!

Jennifer, most wealthy pay less then most of the rest of us. They can afford to pay for their loop holes. Too many times they don't pay any thing. Not against the rich, as I need their work.

ummmmm please see my reference chart they pay most of all taxes in the U.S. the top 1 percent earners pay almost all the taxes 39 percent of people pay no taxes that work.

[one love]

Not sure if anyone read the first post i made on this thread which started this but here is the figures


The U.S. tax system is highly progressive. The top 1 percent of income earners, by household, paid 39 percent of all federal income taxes in 2005, whereas the bottom 50 percent paid a little over 3 percent. Further, 32 percent of all tax returns filed in 2005 were from people who paid no federal income tax at all.