Obama--the grumblings - Page 18

capnhowdy · 03-01-2009, 05:28 AM

Which is why the ONLY fair way to tax people is the flat tax. Taxes would be paid on a percentage basis, right on the spot. Nearly impossible not to pay your share.
Imagine the revenue that would be created from hidden drug monies, cash labor payments, etc. Even the crack dealers would be taxed. And fairly, at that.

TheMercenary · 03-01-2009, 05:42 AM

Quote:

Originally Posted by sugarpop

And you know, if the richest people/corporations had not been so corrupt about trying not to pay ANY friggin' taxes, this might not be happening. They really only have themselves to blame. It is greed. "I have a hundred million dollars, but I don't want to pay taxes, I want to keep it all. Fuck the person making 30 grand a year and trying to live off of that. Why is he my responsibility? Even though I did make my money on the backs of people like that."

TheMercenary · 03-01-2009, 05:48 AM

Quote:

Originally Posted by sugarpop

Do you honestly think a lot of those people report all their income? They have it hidden offshore. It's not like they get a W2 like working people do.

Do you honestly think that individual contractors and small business owners report all of their income? I know three people who are good friends who make well over $70 a year and report only $30. In this economy it is even easier to report a loss and get further tax breaks. If all the people who ran a cash business reported their income and let it be taxed we wouldn't need to raise taxes. You have a hang up with socio-economic classes.

TGRR · 03-01-2009, 10:47 AM

Quote:

Originally Posted by TheMercenary

Do you honestly think that individual contractors and small business owners report all of their income? I know three people who are good friends who make well over $70 a year and report only $30. In this economy it is even easier to report a loss and get further tax breaks. If all the people who ran a cash business reported their income and let it be taxed we wouldn't need to raise taxes. You have a hang up with socio-economic classes.

Anecdotes aren't evidence.

You have any presentable evidence to demonstrate that small contractors cheat on their taxes at the same rate that the "2%" do?

TGRR · 03-01-2009, 10:47 AM

Quote:

Originally Posted by capnhowdy

Which is why the ONLY fair way to tax people is the flat tax. Taxes would be paid on a percentage basis, right on the spot.

Excellent. So we'll have a permanent lower class.

Woot!

TGRR · 03-01-2009, 10:48 AM

Quote:

Originally Posted by TheMercenary

Translation: No argument.

TheMercenary · 03-01-2009, 10:55 AM

Quote:

Originally Posted by TGRR

Translation: No argument.

No. Translation: Same ole rant without a lot of merit.

capnhowdy · 03-01-2009, 11:00 AM

Quote:

Originally Posted by TGRR

Excellent. So we'll have a permanent lower class.

Woot!

If it was anyone else I'd ask you to elaborate. However I'll spare myself the pain of your bitter life extensions today.

Plus I doubt you could get it on one line.

TheMercenary · 03-01-2009, 11:07 AM

Quote:

Originally Posted by TGRR

Anecdotes aren't evidence.

You have any presentable evidence to demonstrate that small contractors cheat on their taxes at the same rate that the "2%" do?

60%:

http://archive.gao.gov/d26t7/139722.pdf

Quote:

the GAO cited an IRS estimate that the annual tax gap caused by self-employed individuals (including independent contractors) who did not report all of their income was $20.3 billion.

http://www.treas.gov/tigta/auditrepo...0130132es.html

Quote:

2. State income tax revenue: According to published data, workers classified as independent contractors are known to underreport their personal income; as a result Illinois suffers a loss of income tax revenue when employees are misclassified. According to the IRS reports, wage earners report 99% of their wages whereas non-wage earners (such as independent contractors) report approximately only 68% of their income. This represents a gap of 31%. Other reliable studies estimate this gap to be as high as 50%.

Based upon IRS estimates that 30% of the income of misclassified workers is not reported, we estimate that an average of $125 million of income tax was lost annually in Illinois for 2001 through 2005. In just 2005, we estimate that $149 million of income tax was not collected in Illinois.
Based upon the higher estimate that up to 50% of the income of misclassified workers is not reported, an average of $208 million of state income tax was lost annually in Illinois from 2001 through 2005. For just 2005, we estimate this loss to have been $248 million.

I wonder how much I could save if I didn't report 30-50% of my income?

TheMercenary · 03-01-2009, 11:09 AM

Quote:

Originally Posted by TGRR

Excellent. So we'll have a permanent lower class.

Woot!

That differs from now how?

Obama's plan does nothing to change that. Well until he truely goes Socialist on us. I wouldn't put it past any of them.

capnhowdy · 03-01-2009, 11:17 AM

pssssstttt......

We always have and always will have a permanent lower class.
Some people just refuse to rise above it.

TGRR · 03-01-2009, 11:28 AM

Quote:

Originally Posted by capnhowdy

If it was anyone else I'd ask you to elaborate. However I'll spare myself the pain of your bitter life extensions today.

Plus I doubt you could get it on one line.

Okay. I'll bear in mind from now on that you can't support your argument beyond whatever is on the front page of ronpaul.org.

TGRR · 03-01-2009, 11:31 AM

Quote:

Originally Posted by TheMercenary

That differs from now how?

Now, the poor just deal with low wages. With a flat tax, the percentage tax required to run the country would have to be high enough to run the middle class into the working class, the working class into the lower class, and the lower class right under the nearest bridge.

A flat tax benefits only the rich, and they have enough benefits already.

Quote:

Originally Posted by TheMercenary

Obama's plan does nothing to change that. Well until he truely goes Socialist on us. I wouldn't put it past any of them.

What makes you think he'll go socialist? So far, he's just more Bush, with better speaking talent.

TGRR · 03-01-2009, 11:33 AM

Quote:

Originally Posted by capnhowdy

pssssstttt......

We always have and always will have a permanent lower class.
Some people just refuse to rise above it.

Of course. That's why the mode income is $20k/year, and that's why you're a billionaire with 3 lear jets, that still somehow can't find anything better to do than post on the internet.

Am I right, Horatio Alger? Tell me when I lose the plot. You're one of those successful self-employed, self-made men that started off so poor you lived in a sanitary landfill, but hard work has made you the rich man you are today? Like every other laissez faire proponent on the internet?

capnhowdy · 03-01-2009, 12:07 PM

No.
I am the motherfucker that risked my life to earn your freedom to sit on your sorry ass and attempt to agitate others on the internet.

Quote:

every other laissez faire proponent on the internet?

Take a look at yourself, asswipe.
And meanwhile....... Fuck off!

03-01-2009, 05:28 AM	#256
capnhowdy Blatantly Homosapien Join Date: Mar 2004 Posts: 6,200	Which is why the ONLY fair way to tax people is the flat tax. Taxes would be paid on a percentage basis, right on the spot. Nearly impossible not to pay your share. Imagine the revenue that would be created from hidden drug monies, cash labor payments, etc. Even the crack dealers would be taxed. And fairly, at that. __________________ Please type slowly. I can't read very fast............... and no holy water, please.

03-01-2009, 11:17 AM	#266
capnhowdy Blatantly Homosapien Join Date: Mar 2004 Posts: 6,200	pssssstttt...... We always have and always will have a permanent lower class. Some people just refuse to rise above it. __________________ Please type slowly. I can't read very fast............... and no holy water, please.

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