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The Dirty Secret of How Income Taxes Really Work
americanthinker.com ^ | 6/23/2017 | Bart Besseling

Posted on 06/23/2017 7:21:20 AM PDT by rktman

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To: rktman

Well, let me clarify: I pay State and local taxes. I pay sales taxes. I don’t pay federal taxes and I have no social security at all. I have no benefit of a tax payer. So when something bad happens and I need some sort of help from the government, it isn’t there. I have no pension or 401k either.


21 posted on 06/23/2017 7:55:54 AM PDT by Celerity
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To: originalbuckeye
But be careful with that denying the vote idea.........

I know there are certain potential dangers, but to me it would dampen the politician's proclivity to pander to the poor. As it is, they spend to get reelected and do very little for the rest of us. Free cell phones for deadbeats. Really? What possible reason is there for this other than to use our money to buy votes. We gave them the House, the Senate, and now the WH and they still have done NOTHING for US.

22 posted on 06/23/2017 7:56:05 AM PDT by econjack
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To: econjack

The poor should pay no income tax argument sends me up the wall. When I made about $700 in the year ending in 1963, I paid tax, I have a copy of the return that says I did. I could not claim the personal exemption as my folks claimed me as an exemption and the beginning tax rate began at 14% beginning at ZERO through $1000.


23 posted on 06/23/2017 8:00:03 AM PDT by Mouton (The MSM is a clear and present danger to the republic.)
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To: rktman
Let me tell you how it will be. There's one for you nineteen for me.

That's how tax works.

24 posted on 06/23/2017 8:03:10 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Celerity

Good thing you cleared that up cause I was getting ready to rat you out to the feds. LOL! NOT. What happens on FReerepublic stays on FReerepublo. Well except the the snooping/monitoring that uncle does. Hmmm. Have we been declared subversives yet? Anyone? Buheller. Buheller? Rhymes with Mueller. Or is muller. Anyways.


25 posted on 06/23/2017 8:04:10 AM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?!)
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To: abb

You nailed it. Any government that claims a pre-emptive right to my money cannot call itself “free.” My property is my life made concrete. Own my property and you own me.


26 posted on 06/23/2017 8:07:05 AM PDT by IronJack
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To: econjack

And I believe there were restrictions on voting privileges in the Constitution....something about only landowners voting? But some in our country have gone so far left that my Socialist sister believes EVERYONE/ANYONE should have the right to vote. Her belief is that anyone who lives in the District should have a say in their governance, even if they are living illegally in that District. Yes, the Left is completely LAWLESS.


27 posted on 06/23/2017 8:08:00 AM PDT by originalbuckeye ("In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell)
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To: originalbuckeye

I remember sweeping floors at a local clothing store for $.50/hr after school and I had to pay income taxes on it! Originally, you did have to be a land owner to vote. As to your sister, mines much the same and I think they are both nuts.


28 posted on 06/23/2017 8:15:14 AM PDT by econjack
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To: rktman

” retirees”

Retirees pay lots of taxes!


29 posted on 06/23/2017 8:22:09 AM PDT by TexasGator
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To: abb
"Not only wrong, but immoral and unconstitutional. What does a man possess inviolable other than his soul and the fruits of his labor or the creativity of his mind? Why does anyone or anything, other than God, have a claim against those things. It is slavery, just as surely as it was for those who worked on plantations prior to the Civil War. Slavery is but an income tax rate of 100%. Any lesser percent is but a matter of degree."
Preach on, Brother! How do the sheeple not understand that an income tax is the same as indentured servitude? Income tax also is as regressive a tax as is possible because when times are rough, the only way to reduce your tax burden is to earn less (which only compounds the original problem).
30 posted on 06/23/2017 8:22:57 AM PDT by Paal Gulli
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To: abb

“What does a man possess inviolable other than his soul and the fruits of his labor or the creativity of his mind?”

You are free to move to a deserted island and live on the fruits of your labor.


31 posted on 06/23/2017 8:24:33 AM PDT by TexasGator
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To: TexasGator
Why yes, yes we do. 🤑
32 posted on 06/23/2017 8:25:38 AM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?!)
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To: econjack

I made .50/hour, but only when babysitting. When I actually started working part-time in a business while in high school, the minimum wage was $1.60/hour. And I did, of course, pay taxes on that. And I never got a raise during high school or college (working summers) as I was working in my dad’s store and he said I was ‘seasonal employment’. I felt lucky to have a ‘seasonal’ job as many students weren’t able to find work during holidays and summer. My dad was a ‘by the book’ taskmaster, but I learned a good work ethic from him. I worked for 50 years (over 40 in my career) and I have found out that I still have to pay for supplemental health insurance AND Medicare DOES deny care, I.E., ‘not covered by Medicare’. Very aggravating.


33 posted on 06/23/2017 8:29:19 AM PDT by originalbuckeye ("In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell)
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To: Louis Foxwell

They’re not fed slops, a lot choose to go wipe out meats on sale and such with much of their EBT balance and then sell it for half price off full retail to get cash. If anyone is eating poorly who is on EBT or “food stamps” it’s not due to their getting insufficient funds from the government. If you’ve ever noticed that desirable sale items at your grocery store are wiped out immediately, understand that this is why.


34 posted on 06/23/2017 8:30:06 AM PDT by RegulatorCountry
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To: Celerity

“Your tax dollars don’t fund anything. “

Without tax dollars you wouldn’t be posting here.


35 posted on 06/23/2017 8:30:48 AM PDT by TexasGator
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To: freedumb2003
Any transaction tax (as opposed to a retail sales tax) promotes the vertical integration of businesses. It is far cheaper to own to iron mines, coal mines, steel plants, car plants, dealerships, housing for employees and farms to feed them rather than using contractors for each. Ford will just buy land and spit out cars even if it isn't the most efficient way because of the distorting effects of a transaction tax.

Proponents of a transaction tax look at the trillions of dollars of financial activity every day they could squeeze and figure a fraction of a percent is all they need. But that money shuffling will stop or move off shore, which will wipe out 90% or more of the transactions they wanted to tax. Which means the tax rate will "have to" be raised vastly in the second year. Pretty soon you'll be asking your boss to pay you in cash flow instead of a check to reduce you transaction count.

36 posted on 06/23/2017 8:34:47 AM PDT by KarlInOhio (a government contract becomes virtually a substitute for intellectual curiosity - Pres. Eisenhower)
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To: originalbuckeye

The Tax Code is so complex now that no two IRS agents gives you the same answer to a question. I would throw the whole system out and replace it with a flat tax. Friedman suggested 17% and who am I to argue. Note this is NOT the Fair Tax, because the “prebate” lets the politicians get into the act again. You could file your return on a postcard. Indeed, you wouldn’t even need to file since every income source withholds 17% and sends it to the collecting agency. (No need for an IRS anymore.) The best thing about this is it does not affect the free market allocation of resources like the current tax code does.


37 posted on 06/23/2017 8:40:09 AM PDT by econjack
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To: rktman

I’d like to see a world where a reasonably frugal, handy and hardworking person could live on a paid off property with their own vegetable garden without having to show their papers and pay tribute to the lord of the realm annually. That would mean tariffs and sales taxes. Yes, the consumer economy would slow down considerably which makes it a pipe dream, I know. But there’s just something very wrong about owing money annually due to the fact of mere existence and having property, to me at least.


38 posted on 06/23/2017 8:40:36 AM PDT by RegulatorCountry
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To: rktman
The first group consists of children, dependents, retirees, and those who manage to live off government handouts like disability, food stamps, etc. This group does not earn enough income to contribute to income taxes.

I call BS right here!!! Author suffers from cranial/rectal insertion

As a retiree, not only do I pay income taxes on my non-gov't. pension, but ALSO on a portion of my SS retirement benefits.

39 posted on 06/23/2017 8:47:12 AM PDT by Roccus (When you talk to a politician...ANY politician...always say, "Remember Ceausescu")
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To: Zarro

That’s not really a sustainable scenario to be realistically feared. They can’t do that to all 50 states in succession, because there just aren’t enough of them to do it, and if enough all moved to another state to change the tax system, the people who don’t want it can move to the state they left and switch the tax system there, so nothing would be accomplished.

People don’t move for the purposes of political activism in any great numbers anyway. They move for economic reasons, and any political changes are just collateral damage based on demographic shifts. If what you feared was a realistic scenario, then having a federalized government at all would be pointless, but it isn’t.


40 posted on 06/23/2017 8:58:15 AM PDT by Boogieman
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