Posted on 12/31/2012 7:25:58 AM PST by GreaterSwiss
Per drudge the tax deal would be 400k for Indiv and 450k for family. So why get married? Two single taxpayers would in theory have 800k limit ala Andrew cuomo and his gf. Obama's base is single people.
Also in France they overturned their tax law for this very reason!
Let's say the fundamental organizing principle among humans is the family.
Designate a family. Add up its profits. Divide by the number of members. Tax each one on that.
Let's say humans have no fundamental organizing principle ~ a theory currently popular with leftists. In that case it does not matter how you allocate income or taxes ~ just collect what you can get and run with it.
Or, let's say society does not need any fundamental principles ~ best bet is to forget about taxes and go find some firearms and ammunition to see you through the coming dark ages.
It gives homosexuals the chance to be real patriots, get married, and share in the tax system’s marriage penalty
Nice that the second partner’s income in a marriage is only worth $50K for tax favor
I like your tax scheme, though with a flat tax it wouldn’t work. One raising the next generation of society is contributing to the perpetuation of society—those who deliberately avoid contributing ought to contribute some other way, or those who do contribute in this way ought to be exempted or reduced in their contributions in some other way, which amounts to pretty well the same thing.
As much as I agree with you, that time is over as the takers are now in control.
“deliberately avoid contributing ought...”
With the flat tax, at least the one I would propose, there is no avoidance. Everybody pays something. Even if they have to take a loan.
There is contributing money now and there is also contributing well-raised individuals who will contribute in the future. Many people manage to avoid raising descendents who will amount to anything. A flat tax would need to be tweaked to encourage people to do anything about that.
I dont know why I should get tax breaks for having kids as well.
Because you are being responsible and raising up the next generation. Don’t think of it as you getting a tax break, it’s more a case of your children getting first dibs on your income until they become producers as well.
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