Only, I don't pay yours.
I prefer a tax system in which the federal government is held as far away from my personal financial affairs as possible and out of the business of direct intrusion on the individual that an income tax implements inherently.....that is the way I want it.
Why should/does anyone care what you want? After all, we all have the right to be every bit as selfish as you so obviously are.
And no, I won't pay your business taxes for you.
I have no interest in maintaining an income tax just so you can go without shouldering a proportionate burden of the costs of government commensurate with your consumption of this nation's resources.
Oh, indignation, eh? Well, I prefer to shoulder a proportion of the burden of government commensurate with my income -- having already paid income taxes on my savings. And no, you don't get to con me into paying your business-income taxes out of my hard-earned savings.
Fairer to tax people on what they're getting out of life in the form of income, than on what it takes to sustain life with bread and shelter. Just as it's fairer to tax income than property held (your capital) -- want us to tax your assets, Mr. Businessman? Hmmmm? We can do it that way -- levy your capital -- that would be "fair", wouldn't it?
It would also present the social policy advantage of penalizing storage of wealth, the most regressive kind of economy there is. Just tax total assets (and execute anyone hiding them -- do you have an account in the Caymans, by the way?), get that capital moving again, get that velocity of money up a bit.
Somehow I don't think you'd like that idea. You'd rather tax poor people's pittances they pay for Moon Pies and RC Colas, and jack up the cost of a glass of lemonade, than take an audit from the IRS yourself on your hidden income sources and off-balance-sheet transactions.
Since you've started in on invidious imputations and assumptions and all.
Oh, and by the way -- has anyone mentioned to you that you spam?
Only, I don't pay yours.
You pay more of my tax share with the federal income & payroll tax system today than you would under an National Retail Sales Tax implemented by HR25. That I can say for a certainty.
I pay no income or payroll taxes today. I would be paying net federal tax under the NRST proposed in HR25.
Why should/does anyone care what you want? After all, we all have the right to be every bit as selfish as you so obviously are.
And no, I won't pay your business taxes for you.
I don't have a business. But I do manage to do reasonably well with tax free bonds and no income taxes whatever.
Well, I prefer to shoulder a proportion of the burden of government commensurate with my income -- having already paid income taxes on my savings.
I said propotionate, not a proportion. Look it up sometime. Proportionate mean everyone pays the same rate.
And no, you don't get to con me into paying your business-income taxes out of my hard-earned savings.
I done have a business, but those who do gurarantee you pay out of their gross sales receipts.
The following article covers the mechanism on how the current Federal tax system propagates and is embedded into consumption expenditure.
DO YOU PAY YOUR INCOME TAX
AT THE SUPERMARKET?
by D. Sherman Cox J.D. L.L.M. Taxation
Fairer to tax people on what they're getting out of life in the form of income, than on what it takes to sustain life with bread and shelter.
Hate to be the one to inform you but you are getting it from both ends today. Take it from your income before you can spend it on bread and shelter as an income and payroll tax on the individual. Then hit you again through prices on the business side of income/payroll taxes. Business only remits taxes to government out of sales receipts. That is their source of revenue for paying any tax at all, think about that.
Under HR25, sale tax is rebated for all expenditure up to the poverylevel. The HHS poverty level is a well-accepted, long-used poverty-level calculation based on the cost of a healthy diet comprising 1/3 of total family budget value thus the povertylevel is set at 3 times that expenditure in a base year fixed in 1969 dollars updated annually for CPI.
It would also present the social policy advantage of penalizing storage of wealth, the most regressive kind of economy there is.
You want to show us how an "income tax" tax accrued wealth that is kept out of production and not subject to "income" taxes? Them taxfree muni bonds, and SS/Security means you don't get to touch my income nor my wealth such as it is. You are currently paying taxes for me to live off of. Thank you very much.
Just tax total assets (and execute anyone hiding them
Ohh, so now you are into federal property taxes. Good luck collecting on that scheme.
-- do you have an account in the Caymans, by the way?),
Nah, don't need one. Got all I need from your paying SS/Medicare and income taxes and local taxes to support me.
get that capital moving again, get that velocity of money up a bit.
I certainly do by spending 100% of what I got coming in. That income that the feds don't tax and have no income tax proposal whatever that will tax any of it. Keep smiling.
Somehow I don't think you'd like that idea. You'd rather tax poor people's pittances they pay for Moon Pies and RC Colas, and jack up the cost of a glass of lemonade, than take an audit from the IRS yourself on your hidden income sources and off-balance-sheet transactions.
Hey I love the idea, you're the one paying for all my goodies now, through state, local taxes and federal income/payroll taxes.
Since you've started in on invidious imputations and assumptions and all.
The only one makeing invidious imputations and assumptions has been you. Quite off the mark as well.
Oh, and by the way -- has anyone mentioned to you that you spam?
Lets see, spam is unsolicited email for commercial purpose. Sorry I don't spam. I do however respond to commentary on FR, and replies or questions directed at me.