Posted on 01/03/2015 9:05:46 AM PST by Kaslin
Barack Obama and the rest of the class-warfare crowd act as if “tax the rich” is an appropriate answer to every question about fiscal policy.
I’m not joking. Here are some of the President’s main tax hikes that have been enacted or proposed.
(Excerpt) Read more at finance.townhall.com ...
The problem is when we reach where more than 50% of the voters are Pauls then we have ‘Income Equality’ for all, which is the final Utopian goal for the progressives.
After all, that is what they are progressing toward.
Leftists have gushed over the 90% tax rate under Eisenhower.
Rats should just send it all in as example for the others.
The only way that could be improved is by making Election Day the day ofter Tax Day.
No, he doesn't.
Why should we be forced to pay ANY income tax! The USA got along fine with import and customs duties for 135 years before being saddled with the 16th amendment back in 1913.
And taxes were not deducted from your paycheck till WWII.
With utterly no knowledge of the fact that there were far more deductions then than now. You could deduct passive losses against ordinary income, and deduct interest paid on any loan (even the mortgage on your fifth or sixth home), just for starters.
Under Eisenhower, the top effective tax rate for anyone who hired an accountant with half a brain was about 25%, just like today.
The 10 planks of the COMMUNIST MANIFESTO.
http://laissez-fairerepublic.com/tenplanks.html
2. A heavy progressive or graduated income tax.
“The 16th Amendment of the U.S. Constitution, 1913 (which some scholars maintain was never properly ratified), and various State income taxes, established this major Marxist coup in the United States many decades ago.
These taxes continue to drain the lifeblood out of the American economy and greatly reduce the accumulation of desperately needed capital for future growth, business starts, job creation, and salary increases.”
last i checked, if there is a $100 bill and 100 people to pay it... ‘fair’ would be $1 each.
the Constitution states how taxation should be appropriated across the population. taxes were to be weighed on the states evenly due to their population (A14S2). richer states, like NY and VA, were not expected to pay more. exactly how those states were to collect their taxes was left up to them. flat, progressive, fair, sales tax, whatever... it was left up to the state.
why? because we just had a revolution over, among other things, outrageous taxation on the individual
the wisdom behind states defining the taxation method allowed the states to experiment and find the best way. if the citizens didn’t like it, they had the freedom to move to a different state. we no longer have that freedom... hell, we can’t even escape fedgov taxes by leaving the country
How much is a fair share? What’s it cost? How much ya got?
> fill in a postcard size form and mail it in with a check for the 13%
From each according to their ability...
>> A tax rate upon labor of 100% is the very definition of slavery. Therefore any lesser percentage is merely a matter of degree.
A quotable quote!
Depends on who’s asking the question and who’s answering it.
Hmmmm...fair share...
The fancy dinners that the Obamas had in Hawaii should have been removed right before they poked a fork in. The food should then be taken out and given to the first homeless person found. That’s fair share.
What’s a fair share of what, their wages? How about zero? When I trade my labor and experience for wages, I’m not gaining anything more than my employer. It’s an equal trade we agree on. To say that the exchange of my labor for wages is income is to say that my labor is worth zero, or at least it’s only worth my gross income minus net income divided by the hours I worked.
If I make $20 per hour, but my taxable income is the equivalent of $15 of that per hour, the government is saying I am only providing $5 per hour of value, because the rest is “gain” according to supporters of the income tax.
A "graduated" tax is one of the guidelines in the Communist book of tactics.
It’s my turn to decide what’s fair...my turn, my turn, my turn!
Same as for anybody else.
10% of 200,000 is ten times more than 10% of 20,000.
That’s enough.
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