|
OT Get Ready America
Get ready Americans for the biggest screwing in all history. For some
time I have worried that the consumption tax (national sales tax) to replace our income tax idea would take hold. This would be a nightmare for low and middle income people. There is more and more talk every day for this. Now that old geezer Greenspan is saying it is a good idea. He adds that maybe we should also keep the income tax and have both. Since the consumption tax would be a rich man's dream, that is probably what we will end up with. With a consumption tax, the low and middle income earners would pay all of the tax and the rich man would pay even less. Americans had better start raising hell with their congressmen and senators now to stop this before it gains anymore momentum. The only fair income tax replacement would be a flat tax with the standard deduction and the family member exemptions and no other deductions or loopholes. Please help spread the word. |
I live in a state in the US that has the tax you are talking about.
We do not pay a state tax and our sales tax is roughly 10%. We are able to deduct this tax on our federal tax return. You may think you know what you are talking about, but I don't believe that you have all the facts. It works better this way, trust me. This way everyone pays on everything that they purchase. If you buy less, you paly less, buy more, pay more. "Tax Man" wrote in message ... | Get ready Americans for the biggest screwing in all history. For some | time I have worried that the consumption tax (national sales tax) to | replace our income tax idea would take hold. This would be a nightmare | for low and middle income people. There is more and more talk every day | for this. Now that old geezer Greenspan is saying it is a good idea. He | adds that maybe we should also keep the income tax and have both. Since | the consumption tax would be a rich man's dream, that is probably what | we will end up with. With a consumption tax, the low and middle income | earners would pay all of the tax and the rich man would pay even less. | Americans had better start raising hell with their congressmen and | senators now to stop this before it gains anymore momentum. The only | fair income tax replacement would be a flat tax with the standard | deduction and the family member exemptions and no other deductions or | loopholes. Please help spread the word. | |
To add to your reply, with a national sales tax, everyone who consumes is going to contribute. This means that people working off
the books ( drug dealers, prostitutes, thieves, etc.) will now be paying taxes to support our bloated government. It makes it harder to avoid paying your fair share. "SVTKate" wrote in message k.net... I live in a state in the US that has the tax you are talking about. We do not pay a state tax and our sales tax is roughly 10%. We are able to deduct this tax on our federal tax return. You may think you know what you are talking about, but I don't believe that you have all the facts. It works better this way, trust me. This way everyone pays on everything that they purchase. If you buy less, you paly less, buy more, pay more. "Tax Man" wrote in message ... | Get ready Americans for the biggest screwing in all history. For some | time I have worried that the consumption tax (national sales tax) to | replace our income tax idea would take hold. This would be a nightmare | for low and middle income people. There is more and more talk every day | for this. Now that old geezer Greenspan is saying it is a good idea. He | adds that maybe we should also keep the income tax and have both. Since | the consumption tax would be a rich man's dream, that is probably what | we will end up with. With a consumption tax, the low and middle income | earners would pay all of the tax and the rich man would pay even less. | Americans had better start raising hell with their congressmen and | senators now to stop this before it gains anymore momentum. The only | fair income tax replacement would be a flat tax with the standard | deduction and the family member exemptions and no other deductions or | loopholes. Please help spread the word. | |
Most states have sales tax and you would still have it plus the federal
sales tax of probably 20 or 25%. With your regular 10% sales tax plus the 25% federal sales tax, you would be paying 35% sales tax. On a $1000 dollar item such as a refrigerator or a riding lawn mower, you would have to pay an extra $350 on the item. Most low and middle income earners spend every dime the make and more. They would be paying taxes on every dime and more that they make. The rich man who doesn't spend every dime could have millions or billions left over that he wouldn't pay cent of taxes on. My state (Illinois) has a sales tax plus a state income tax. We would still have these plus the Federal sales tax. SVTKate wrote: I live in a state in the US that has the tax you are talking about. We do not pay a state tax and our sales tax is roughly 10%. We are able to deduct this tax on our federal tax return. You may think you know what you are talking about, but I don't believe that you have all the facts. It works better this way, trust me. This way everyone pays on everything that they purchase. If you buy less, you paly less, buy more, pay more. "Tax Man" wrote in message ... | Get ready Americans for the biggest screwing in all history. For some | time I have worried that the consumption tax (national sales tax) to | replace our income tax idea would take hold. This would be a nightmare | for low and middle income people. There is more and more talk every day | for this. Now that old geezer Greenspan is saying it is a good idea. He | adds that maybe we should also keep the income tax and have both. Since | the consumption tax would be a rich man's dream, that is probably what | we will end up with. With a consumption tax, the low and middle income | earners would pay all of the tax and the rich man would pay even less. | Americans had better start raising hell with their congressmen and | senators now to stop this before it gains anymore momentum. The only | fair income tax replacement would be a flat tax with the standard | deduction and the family member exemptions and no other deductions or | loopholes. Please help spread the word. | |
Most states have sales tax and you would still have it plus the federal
sales tax of probably 20 or 25%. With your regular 10% sales tax plus the 25% federal sales tax, you would be paying 35% sales tax. On a $1000 dollar item such as a refrigerator or a riding lawn mower, you would have to pay an extra $350 on the item. Most low and middle income earners spend every dime the make and more. They would be paying taxes on every dime and more that they make. The rich man who doesn't spend every dime could have millions or billions left over that he wouldn't pay cent of taxes on. My state (Illinois) has a sales tax plus a state income tax. We would still have these plus the Federal sales tax. SVTKate wrote: I live in a state in the US that has the tax you are talking about. We do not pay a state tax and our sales tax is roughly 10%. We are able to deduct this tax on our federal tax return. You may think you know what you are talking about, but I don't believe that you have all the facts. It works better this way, trust me. This way everyone pays on everything that they purchase. If you buy less, you paly less, buy more, pay more. "Tax Man" wrote in message ... | Get ready Americans for the biggest screwing in all history. For some | time I have worried that the consumption tax (national sales tax) to | replace our income tax idea would take hold. This would be a nightmare | for low and middle income people. There is more and more talk every day | for this. Now that old geezer Greenspan is saying it is a good idea. He | adds that maybe we should also keep the income tax and have both. Since | the consumption tax would be a rich man's dream, that is probably what | we will end up with. With a consumption tax, the low and middle income | earners would pay all of the tax and the rich man would pay even less. | Americans had better start raising hell with their congressmen and | senators now to stop this before it gains anymore momentum. The only | fair income tax replacement would be a flat tax with the standard | deduction and the family member exemptions and no other deductions or | loopholes. Please help spread the word. | |
All good points, thanks :)
Kate "Al Reid" wrote in message ... | To add to your reply, with a national sales tax, everyone who consumes is going to contribute. This means that people working off | the books ( drug dealers, prostitutes, thieves, etc.) will now be paying taxes to support our bloated government. It makes it | harder to avoid paying your fair share. | | "SVTKate" wrote in message k.net... | I live in a state in the US that has the tax you are talking about. | We do not pay a state tax and our sales tax is roughly 10%. | | We are able to deduct this tax on our federal tax return. | | You may think you know what you are talking about, but I don't believe that | you have all the facts. | It works better this way, trust me. | | This way everyone pays on everything that they purchase. If you buy less, | you paly less, buy more, pay more. | | | "Tax Man" wrote in message | ... | | Get ready Americans for the biggest screwing in all history. For some | | time I have worried that the consumption tax (national sales tax) to | | replace our income tax idea would take hold. This would be a nightmare | | for low and middle income people. There is more and more talk every day | | for this. Now that old geezer Greenspan is saying it is a good idea. He | | adds that maybe we should also keep the income tax and have both. Since | | the consumption tax would be a rich man's dream, that is probably what | | we will end up with. With a consumption tax, the low and middle income | | earners would pay all of the tax and the rich man would pay even less. | | Americans had better start raising hell with their congressmen and | | senators now to stop this before it gains anymore momentum. The only | | fair income tax replacement would be a flat tax with the standard | | deduction and the family member exemptions and no other deductions or | | loopholes. Please help spread the word. | | | | | | |
All good points, thanks :)
Kate "Al Reid" wrote in message ... | To add to your reply, with a national sales tax, everyone who consumes is going to contribute. This means that people working off | the books ( drug dealers, prostitutes, thieves, etc.) will now be paying taxes to support our bloated government. It makes it | harder to avoid paying your fair share. | | "SVTKate" wrote in message k.net... | I live in a state in the US that has the tax you are talking about. | We do not pay a state tax and our sales tax is roughly 10%. | | We are able to deduct this tax on our federal tax return. | | You may think you know what you are talking about, but I don't believe that | you have all the facts. | It works better this way, trust me. | | This way everyone pays on everything that they purchase. If you buy less, | you paly less, buy more, pay more. | | | "Tax Man" wrote in message | ... | | Get ready Americans for the biggest screwing in all history. For some | | time I have worried that the consumption tax (national sales tax) to | | replace our income tax idea would take hold. This would be a nightmare | | for low and middle income people. There is more and more talk every day | | for this. Now that old geezer Greenspan is saying it is a good idea. He | | adds that maybe we should also keep the income tax and have both. Since | | the consumption tax would be a rich man's dream, that is probably what | | we will end up with. With a consumption tax, the low and middle income | | earners would pay all of the tax and the rich man would pay even less. | | Americans had better start raising hell with their congressmen and | | senators now to stop this before it gains anymore momentum. The only | | fair income tax replacement would be a flat tax with the standard | | deduction and the family member exemptions and no other deductions or | | loopholes. Please help spread the word. | | | | | | |
|
|
Tax Man wrote:
Get ready Americans for the biggest screwing in all history. For some time I have worried that the consumption tax (national sales tax) to replace our income tax idea would take hold. This would be a nightmare for low and middle income people. There is more and more talk every day for this. Now that old geezer Greenspan is saying it is a good idea. He adds that maybe we should also keep the income tax and have both. Since the consumption tax would be a rich man's dream, that is probably what we will end up with. With a consumption tax, the low and middle income earners would pay all of the tax and the rich man would pay even less. Americans had better start raising hell with their congressmen and senators now to stop this before it gains anymore momentum. The only fair income tax replacement would be a flat tax with the standard deduction and the family member exemptions and no other deductions or loopholes. Please help spread the word. I'm not sure that we should be surprised by this. Afterall, the current administration has been re-working the tax laws to benefit the wealthy since the momoent they got into power. They have only been emboldened by their apparent electoral victory in November. What confounds me is that it was the poor and lower middle class that voted for this group. I guess we get the sort of government we deserve. |
Tax Man wrote:
Get ready Americans for the biggest screwing in all history. For some time I have worried that the consumption tax (national sales tax) to replace our income tax idea would take hold. This would be a nightmare for low and middle income people. There is more and more talk every day for this. Now that old geezer Greenspan is saying it is a good idea. He adds that maybe we should also keep the income tax and have both. Since the consumption tax would be a rich man's dream, that is probably what we will end up with. With a consumption tax, the low and middle income earners would pay all of the tax and the rich man would pay even less. Americans had better start raising hell with their congressmen and senators now to stop this before it gains anymore momentum. The only fair income tax replacement would be a flat tax with the standard deduction and the family member exemptions and no other deductions or loopholes. Please help spread the word. I'm not sure that we should be surprised by this. Afterall, the current administration has been re-working the tax laws to benefit the wealthy since the momoent they got into power. They have only been emboldened by their apparent electoral victory in November. What confounds me is that it was the poor and lower middle class that voted for this group. I guess we get the sort of government we deserve. |
|
Larry Blanchard wrote:
In article , says... What confounds me is that it was the poor and lower middle class that voted for this group. I guess we get the sort of government we deserve. When we eliminated any qualifications for voting (because they were being misused) all the politicians smiled. Now we sign up voters at drivers license issuance and let them all vote by mail. And the politicos are grinning ear to ear. Nothing is better for politicians than an ignorant voter. Now, you're being even more cynical than I was being. ;-) |
David wrote:
Larry Blanchard wrote: In article , says... What confounds me is that it was the poor and lower middle class that voted for this group. I guess we get the sort of government we deserve. When we eliminated any qualifications for voting (because they were being misused) all the politicians smiled. Now we sign up voters at drivers license issuance and let them all vote by mail. And the politicos are grinning ear to ear. Nothing is better for politicians than an ignorant voter. Now, you're being even more cynical than I was being. ;-) yeah, but accurate. How many people actually look into what they've done in the past as opposed to just blindly believing the crap that they say (which is basically nothing) in the commercials and what are supposed to be debates? (again where they say absolutely nothing) Wanna know who they are and what they stand for? Do a little research into what they've supported and visa versa. -- Steve |
Steve Calvin wrote:
David wrote: Larry Blanchard wrote: In article , says... What confounds me is that it was the poor and lower middle class that voted for this group. I guess we get the sort of government we deserve. When we eliminated any qualifications for voting (because they were being misused) all the politicians smiled. Now we sign up voters at drivers license issuance and let them all vote by mail. And the politicos are grinning ear to ear. Nothing is better for politicians than an ignorant voter. Now, you're being even more cynical than I was being. ;-) yeah, but accurate. How many people actually look into what they've done in the past as opposed to just blindly believing the crap that they say (which is basically nothing) in the commercials and what are supposed to be debates? (again where they say absolutely nothing) Wanna know who they are and what they stand for? Do a little research into what they've supported and visa versa. I don't disagree with you, Steve. The problem that I have is that neither major party speaks much about the issues of importance to me. I've been voting since the 1980 election (and in every election since) and have never voted Republican or Democrat for president. Our mass media is so complicit with the current set up that no voice from outside the narrow band covered by the two parties could ever possibly get itself heard. Our political spectrum in the US is so narrow it's ridiculous (and we will pay for it, eventually). Some single parties in Europe are as politically diverse as our entire government. |
All times are GMT +1. The time now is 06:40 AM. |
|
Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
GardenBanter