The tax code is fundamentally unfair. It gives special privileges to those who bribe lawmakers (called innocently “contributions”) to vote their way.
It is socialist in nature. It takes from those who earn and gives to those who vote for benefits.
It is intentionally complicated, so no one individual will be able to figure out what is really happening. (Transfer of wealth.)
The dems will be crowing “tax cuts for the rich” no matter what changes are made. Screwem.
No one should pay taxes on their labor. Not one penny.
If I agree to provide a service through my labor in exchange for a monetary value then that is a one to one exchange between me and my employer. It is a benefit to both of us.
A third party, (like the faceless bureaucrat in government) has NO RIGHT to my wages which was earned by the sweat of physical activity.
Any tax on labor is partial slavery.
the death tax needs to be abolished too
America removed the 10 commandments from schools ...
The Supreme Court compounded its godless and criminal misconduct by banning the Ten Commandments and its moral precepts from classrooms in 1980. Their reasoning was fantastically absurd ...
[I]f the posted copies of the Ten Commandments are to have any effect at all, it will be to induce the schoolchildren to read, meditate upon, perhaps to venerate and obey, the Commandments, which, the Court said, is not a permissible state objective under the Establishment Clause.
Call upon Yahshua before it’s TOO LATE!
The daily sacrifice is about to be taken away! (Dan:12, Mat:24
For most of us after a lifetime of work paying taxes we retire to pitifully small Social Security checks and those are taxed. And those SS checks have seldom cost of living increases that never keep up with the cost of living.
Meanwhile people who pay no income tax get fairly good sized reimbursements.
Self-made men are a mortal threat to Socialist governance, unlike billionaires who can be bought off and become useful tools in achieving the Revolution. The effects of the estate tax are intentional and part of a larger plan, so the Left will never allow it to be taken away.
I have met many people who literally sold the farm to pay the taxes.
You want to pay more taxes, then get rid of this tax because it means you will pay more income tax. Your inheritance will not get a stepped up basis in the estate and you will pay capitlal gains tax.
But “getting rid of a tax” sounds good to our itching ears..........
Personally I think our inheritance tax system is working just fine. Many want to fix this like they did health care.
I don’t want concentration of wealth and power, it is a danger to our freedom. The first 5 million (and increasing)of inheritance is exempt from taxes so small business is preserved.
The rich don’t pay it by the use of trusts but at least if forces some distribution of wealth. Think of what it would be like if Soros could give all his heritance to his son. AT least the power of the money is distributed some.
Not a perfect system but it is the best.
I agree 100% being in a 4th Generation Family business where we employee 300 employees. We are working for the Federal Gov and our employees.
You have to do complicated estate planning that does not always work as you fund it with Life insurance and not the Life insurance companies have issues as they are not solvent and the paid up policies now need to be have double payments made or they lapse. The game is rigged against the family business and keeping wealth that you paid taxes on over a lifetime in the family.
America is a socialist country today.
As a native Vuginyan, I find Woodrow Wilson one of the Commonwealths more egregious contributions to national politics. This is especially so considering his triple-header involvement with the direct income tax component of the 16th Amendment, the 17th Amendment and the Federal Reserve Act. And lets not forget WWI nor the near 24-month time lag between U.S. deaths aboard RMS Lusitania and our entry into hostilities. Additionally, his rulings against continued service of Blacks in government and the military, and the resulting animosity, arguably set true assimilation in the U.S. back several generations.
Anyway, listening to all hands bemoaning their opponents tax plan, Im reminded of the Three Bears wanting their oatmeal to be just right. In my mind the only just right is a flat tax. Equal Justice Under Law and all that. Set a uniform rate whatever it may be. If too high, tax PAYERS voice will be acknowledged. In the equality of the grocery checkout line, we all pay the same price for a given item, and for that matter, the sales tax levied by local/state politicians. It occurs to me that our representatives more represent their views or that of a third-party more than any consensus of their constituency. Our revenue system existed for about 125-years before the 16th Amendment was lobbied for and otherwise pushed to ratification. Other than appeasing other interests, what good has been achieved by the 16th Amendment, the 17th Amendment and the Federal Reserve Act?
To my knowledge, government does not respectfully acknowledge the economic ripple that any level of business makes to the economy. Whether its employees paying income tax, generating sales tax on products created or creating complimentary businesses that supply raw materials, transport products to market or individuals spending their income on whatever they require or desire. Some might say the progression is the miracle of capitalism. To me its just a miracle.
Have you gotten the memo, Mike Rounds? Stand in the way of death tax repeal and you will be a one term wonder.