How about this...

Dirtie_Frank

No more income tax. How about a (Just throwing a figure out here) 10% tax on purchases? That would make everyone who purchases something, pretty much everyone, contribute. Even illeagal aliens would be contributing to the country too.

know1

Count me in.

jeffbr

Works for me. The more you consume, the more taxes you pay. Exempt groceries and healthcare costs so the burden is even less on the poor.

Dirtie_Frank

jeffbr wrote:

Works for me. The more you consume, the more taxes you pay. Exempt groceries and healthcare costs so the burden is even less on the poor.

Sounds good maybe home purchases too. I just think it is a better way of paying taxes.

The Illinoisemakers

This is a great idea. We'd save billions on the money we spend just to understand the current tax system. We could also cut the size of the IRS by 90%. I've never voted for a Dem in my life, but that would change in a second if Berry would make this happen.

Dirtie_Frank

The Illinoisemakers wrote:

This is a great idea. We'd save billions on the money we spend just to understand the current tax system. We could also cut the size of the IRS by 90%. I've never voted for a Dem in my life, but that would change in a second if Berry would make this happen.

WHy can McCain not do this?

Commy

Dirtie_Frank wrote:

No more income tax. How about a (Just throwing a figure out here) 10% tax on purchases? That would make everyone who purchases something, pretty much everyone, contribute. Even illeagal aliens would be contributing to the country too.

that would mean the lower class would have a bigger burden to bear.


flat taxes benefit the wealthy, it doesn't hit them as hard.

The Illinoisemakers

Dirtie_Frank wrote:

WHy can McCain not do this?

He could and that'd be fine with me. I'm voting for him anyway. I mentioned Berry before because if he could get this done I'd vote dem for the first time.

lastexit78

It's a great idea until the economy hits a tough stretch and people stop buying so much crap. A stretch that were entering in right. We already pay around 7% tax right now. Raising that 3% and eliminating income tax would creat a HUGE shortage. It's just not as easy as it seems. Yes the system is broken, but it's broken because of how we spend those tax dollars. The goverment is going to get your money one way or the other. What they do with it is the problem we need to be concerned about.

The Illinoisemakers

Commy wrote:

that would mean the lower class would have a bigger burden to bear.


flat taxes benefit the wealthy, it doesn't hit them as hard.

Explain this, please? (Being sincere)

If you didn't tax groceries or healthcare and maybe not homes below $100,000 I think this would work. Maybe it would help us avoid future credit problems. Force people to spend a little less on stuff they don't really need.

Commy

the government has plenty of our money as it is anyway. The US spends more on violence than the next 27 countries combined. more than all of europe, china and russia combined.

If anything we could eliminate the income tax from the bottom 70%. without raising the sales tax, which is kinda bullshit anyway.

Why am I being taxed for things I HAVE to buy, food, medicine, diapers things like that, when a corporation isn't even taxed at all in some cases.

VINNY GOOMBA

End The Fed = End The Income Tax.

Dirtie_Frank

The Illinoisemakers wrote:

He could and that'd be fine with me. I'm voting for him anyway. I mentioned Berry before because if he could get this done I'd vote dem for the first time.

Gotcha and please post again please you are at 666

Dirtie_Frank

Commy wrote:

that would mean the lower class would have a bigger burden to bear.


flat taxes benefit the wealthy, it doesn't hit them as hard.

How can it be a bigger burden on the lower class. Richer people probably purchase more things then lower class. SO actually rich people would pay more.

Commy

The Illinoisemakers wrote:

Explain this, please? (Being sincere)

If you didn't tax groceries or healthcare and maybe not homes below $100,000 I think this would work. Maybe it would help us avoid future credit problems. Force people to spend a little less on stuff they don't really need.

10% to a family that has $1000 is a big chunk of their budget, but 10% to a family that has a $100,000, although a bigger chunk of change, doesn't hit them as hard financially.


When people wonder why the rich should have to pay a higher percentage, its as Nader says, "their power developed from laws that enriched them".

Commy

"In the 1950s, the corporate income tax was 25% of the federal outlay; it’s now about 6% or 7%. This is in a period of record corporate profits, record stock market prices, record executive compensation. The corporations are not contributing their fair share to the tax pool. As a matter of fact, I suspect that if you took all the corporate welfare and then took all the corporate income taxes paid, the aggregate would be zero taxes paid. So that leaves the burden on, largely, middle-income and lower-income Americans. " Ralph Nader

I don't think abolishing the income tax is the answer, think we just need to make it fair.

The Illinoisemakers

Commy wrote:

10% to a family that has $1000 is a big chunk of their budget, but 10% to a family that has a $100,000, although a bigger chunk of change, doesn't hit them as hard financially.


When people wonder why the rich should have to pay a higher percentage, its as Nader says, "their power developed from laws that enriched them".

Well people who have $1,000 shouldn't be spending and buying things that a $1,000,000 buy or using credit to do so. Maybe it would help people live a little more within their means. This again is considering you don't tax groceries, healthcare, and maybe a few other basic nessecities.

Solat13

Steve Forbes ran on a flat tax platform of 17% and lost the GOP nomination to Dole.

Huckabee ran on a modified flat tax platform in which those below the poverty line would recive a refund on all expenditures but lost in the primary to McCain.


Here’s a quote from Huckabee’s web site:

“The FairTax will replace the Internal Revenue Code with a consumption tax, like the taxes on retail sales 45 states and the District of Columbia have now. All of us will get a monthly rebate that will reimburse us for taxes on purchases up to the poverty line, so that we're not taxed on necessities.

That means people below the poverty line won't be taxed at all. We'll be taxed on what we decide to buy, not what we happen to earn. We won't be taxed on what we choose to save or the interest those savings earn. The tax will apply only to new goods, so we can reduce our taxes further by buying a used car or computer.”

Dirtie_Frank

Solat13 wrote:

Steve Forbes ran on a flat tax platform of 17% and lost the GOP nomination to Dole.

Huckabee ran on a modified flat tax platform in which those below the poverty line would recive a refund on all expenditures but lost in the primary to McCain.


Here’s a quote from Huckabee’s web site:

“The FairTax will replace the Internal Revenue Code with a consumption tax, like the taxes on retail sales 45 states and the District of Columbia have now. All of us will get a monthly rebate that will reimburse us for taxes on purchases up to the poverty line, so that we're not taxed on necessities.

That means people below the poverty line won't be taxed at all. We'll be taxed on what we decide to buy, not what we happen to earn. We won't be taxed on what we choose to save or the interest those savings earn. The tax will apply only to new goods, so we can reduce our taxes further by buying a used car or computer.”

Sounds good to me.

Austicman

Australia has a goods and services tax of 10% now. But income tax was lowered not elimiated.

Great idea but your government will not abolish income tax. Just a fact. For arguments sake say they abolished income tax and brought in a GST of 10%. It's human nature to avoid paying it by getting these goods and services under the table tax free. With the government recieving no revenue from income tax and less and less from a goods and service tax you'll have such a small amount of money being collected the government would broke in no time and they're not going to let that happen whether you like it or not.

pateljam

Dirtie_Frank wrote:

No more income tax. How about a (Just throwing a figure out here) 10% tax on purchases? That would make everyone who purchases something, pretty much everyone, contribute. Even illeagal aliens would be contributing to the country too.

So a federal tax of 10% AND my current state tax of 8%... shit I don't know about that...