taxation fairness (Page 1/11)
fredtoast OCT 02, 11:50 AM
Do you think this is fair?

A person works to earn income and has to pay tax on it.

A person who does not work and whose income is just a trust fund from his parents does not have to pay taxes on his income.

A person who gets a million dollars of income when his parents die does not have to pay tax on his income.

Why should people who work for their income have to pay taxes on it when some people who do not work for their income not have to pay taxes on it?
olejoedad OCT 02, 12:00 PM
The Fair Tax plan addresses that.

Pay taxes when money is spent.

There is more to the plan, read up on it.
ray b OCT 02, 12:21 PM

quote
Originally posted by olejoedad:

The Fair Tax plan addresses that.

Pay taxes when money is spent.

There is more to the plan, read up on it.



WHY DO THE RWNJ say unfair taxes should be made MORE UNFAIR
every time they propose something it is worse never better for the little guys

REMEMBER THE RWNJ PLAN IS [SCREW THE LITTLE GUYS]
that is their only plan all of it

tax wealth not the income or out go of money
tax those who have the most
NOT those with the least
fredtoast OCT 02, 12:50 PM

quote
Originally posted by olejoedad:

The Fair Tax plan addresses that.

Pay taxes when money is spent.

There is more to the plan, read up on it.




So called "fair tax plan" is the opposite of fair.

Low income earners who have to spend everything they make to live are taxed on 100% of income.

Large income earners who have extra money to invest get to use that money tax free (to make even more money).

Just more proof of how the wealthy have brainwashed the middle class to support a tax plan that cuts their own throats.

But anyone who was wealthy enough to buy a house without a mortgage would be thrilled with this "fair" tax plan.
olejoedad OCT 02, 02:17 PM
You are speaking from a position of ignorance.
ray b OCT 02, 04:06 PM

quote
Originally posted by olejoedad:

You are speaking from a position of ignorance.



NO only FROM experience in the plans and plots of the RWNJ

flat tax mark 7 or 8 I lost count

SOS on a different spin and hope the suckers do not get it

tax the rich they got the MONEY
randye OCT 02, 09:04 PM

quote
Originally posted by fredtoast:


Low income earners who have to spend everything they make to live are taxed on 100% of income.


Large income earners who have extra money to invest get to use that money tax free (to make even more money).






[This message has been edited by randye (edited 10-02-2023).]

Raydar OCT 02, 09:25 PM

quote
Originally posted by olejoedad:

The Fair Tax plan addresses that.

Pay taxes when money is spent.

There is more to the plan, read up on it.



Fat chance. They don't want to read up on it. They might learn something different from what they (think they) know.

The Fair Tax is a retail sales tax with (last time I heard) exemptions for food and other necessities, so that the poor folks are not impacted. I forget exactly how it works, but it's there.
But the opponents of "tax them till they bleed" don't want to hear that.

If you invest your money, you're not buying retail. And that money can be passed down to future generations. It's still not retail.
But it's gotta be spent at some point. BAM! Retail sales tax kicks in. The more you spend, the more tax you pay. Period.

What a lot of people don't want to acknowledge is that all the "funny money" that the drug dealers have stashed in their gun safes and mattresses, that nobody knows about, will suddenly become taxable, as soon as it is spent. It's going to even the field. The price of an Escalade or a Benz is going to go up ~15%, no matter where the money came from. Trust funds or "coke impregnated" rolls of 20s.
Same for all those offshore accounts that other people would prefer to remain hidden. It can sit there forever, but as soon as you buy something... BAM!
randye OCT 02, 09:55 PM

quote
Originally posted by Raydar:


Fat chance. They don't want to read up on it. They might learn something different from what they (think they) know.

The Fair Tax is a retail sales tax with (last time I heard) exemptions for food and other necessities, so that the poor folks are not impacted. I forget exactly how it works, but it's there.






It's actually even better than that for low income citizens:

"The prebate makes the FairTax progressive.
To ensure no American pays tax on necessities, the FairTax Plan provides a prepaid, monthly rebate
(prebate) for every registered household to cover the consumption tax spent on necessities up to the
federal poverty level.

This, along with several other features, is how the FairTax completely untaxes the
poor, lowers the tax burden on most, while making the overall rate progressive. However, the FairTax is
progressive based on lifestyle/spending choices, rather than simply punishing those taxpayers who are
successful. "

As you aptly observed though, this doesn't appeal to the Leftists / Marxists because they are brainwashed by class resentment and envy.
ray b OCT 02, 10:19 PM

quote
Originally posted by randye:
It's actually even better than that for low income citizens:

"The prebate makes the FairTax progressive.
To ensure no American pays tax on necessities, the FairTax Plan provides a prepaid, monthly rebate
(prebate) for every registered household to cover the consumption tax spent on necessities up to the
federal poverty level.

This, along with several other features, is how the FairTax completely untaxes the
poor, lowers the tax burden on most, while making the overall rate progressive. However, the FairTax is
progressive based on lifestyle/spending choices, rather than simply punishing those taxpayers who are
successful. "

As you aptly observed though, this doesn't appeal to the Leftists / Marxists because they are brainwashed by class resentment and envy.



marx is very dead

why you are abcessed with him
and keep inflicting others with your abcessions here

it is a Gop program
so it will never reverse the wealth concentration in the 1%

just an eazy to rig or gimmick SIN TAX
WHAT SIN ?

vary by mood or leadership whim
church sex = sin is always popular