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ah, I thought it was something like that.
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Cheese Itz - Do any of these people actually pay their taxes?
Sebelius admits errors, pays $7,000 in back taxes Quote:
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When did I do that?
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I don't understand why they wouldn't have been able to take deductions on their taxes since they sold the house for less than what it was worth. That is a loss. Aren't you supposed to be able to claim losses on your taxes? And the charitable contributions, they have to have a letter? I thought a receipt would do.
The friggin' tax laws are so complicated in this country, it doesn't surprise me at all that so many people are having trouble with that part of the confirmations. |
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It would, because it favors the wealthier classes.
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Bullshit. You can't rest your flag on the idea that the current system favors the wealthy because of all the deductions and tax shelters which help them to pay a lower than expected tax rate AND say that a zero deduction flat tax also favors them.
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Gosh guys, isn't there a solution in between?
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Now you're just being ridiculous Bruce :P
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And the more "complicated" you make it to counteract that inherent unfairness, the higher the tax rate will need to be just to generate enough revenue to pay for basic national needs. SO, the current tax system is unfair because it is progressive and the rich pay a greater share of their income. A flat tax is unfair because it is regressive and the poor and working class pay a greater share of their income. Which group should pay that greater share of their income.....the group that relies on a large portion of its income to meet basic needs and perhaps a few luxuries or the group with much greater disposable income? The answer is easy to me. |
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Ah, but you forget the basic notion (almost considered a given with most flat-tax proponents) that there could be a floor underneath which there would be no tax. Say, the first $25,000.
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Which is, of course, the whole point. The funniest thing is that the rich have sold this to the middle class (or at least their kids away at college). |
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