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Originally posted by Johnmike
So you want to take a flat HALF of my hard-earned money?
Sorry, not only will this severely damage the economy, but why should half of my income go to the government?
And you want everyone to pay this 50%, or do you want it to be prgoressive, regressive, or something else?
Originally posted by iori_komei
Well, I was actually going to write out an entire system of how I think
it should be, but than I looked at the OP's (Odium) idea on the matter,
and I realized basically mine is the same thing, except for sales tax.
So, I'll explain my idea on sales tax.
Sales tax would be split up into four categories of goods, and the profits
from each would go to different areas of the government.
Before I note go further though, I would like to say that I will work to
set up a system where-in an annual report is created, and the taxes
are set for each year based on that report.
1. General goods, clothes, consumer electronics etc., this would have
a sales tax of up to, but no more than 15% depending on financial
reports.
Tax revenues from this would go into various government programs.
There would be an option on what program(s) you want it to go into,
though you would'nt have to decide if you did'nt want to.
2. Drugs (as in pot, stereroids, meth etc., which I would work to le-
galize), fast food and things that are generally major health risks
would be taxed in two tiers.
-A. Things that are not that bad for you, but can be if abused or
consumed to often, like cheeseburgers (fast-food kind) and soft drugs,
these would have a 3-7% taxation rate depending on the aforemen-
tioned annual financial report.
-B. Things that are very bad for you, unless done in small quanti-
ties more than once a month, this category includes hard drugs like
Heroin and Meth, as well as some foods and consumables that are so
incredibly bad for you, it's mind boggling you would even consume
them in the first place.
These would have a taxation rate of 10-20% based on the annual
financial report.
Tax revenue from this would go into helping funding the social health-
care system and substance abuse and (fair) education programs.
3. Weapons/guns, taxation on these would depend on both what kind
of weapon/gun it is, but would never exceed 10%, the taxation amount
would be decided on by the annual financial report.
Tax revenue from this would go into military funding.
You would be given the choice to choose what you wanted it to go to,
that is what branch, or into R&D.
4. Products that are bad for the environment..
Basically any product that produced negative effects on the environ-
ment, such as vehicles not up to the government required standard
of fuel efficiency.
The taxation amount would be between 15-30% and would be based
on the annual financial report.
Tax revenue from this would go into environmental protection programs,
clean energy and living R&D and into incentive programs to encourage
people to buy cleaner technology.
Originally posted by LostSailor
What are your feelings on the Federal Reserve?
Originally posted by Johnmike
So what numbers would you use?
Originally posted by Johnmike
So if I make $3,000,000 I get to keep $300,000 of what I make?
That's a pretty...villainous concept, don't you think? It feels like stealing.
Originally posted by LostSailor
Holy Mother of mercy!!! What's the point of working? I really think... You may... Are you sure you've thought that tax plan out iori? How is a guy supposed to buy a Hummer?
Originally posted by Johnmike
I want a hummer cause I want a hummer. I shouldn't have to explain that to the government.
What you're proposing will cripple the economy.
Originally posted by iori_komei
You should work because you enjoy what you do, not to make money.
Originally posted by iori_komei
And why in the world do you want a Hummer, I mean it's got to be one
of the worst vehicles ever produced.
Originally posted by LostSailor
That is just not reality. Anyone who says they work... Out of sheer enjoyment, is either lying their ass off. Or, already has a nice stash and is just working for the social aspect of it.
I'll pay taxes, I understand that some government is needed to run a civil country. But I'll be damned if I give my government 90% of MY hard earned income. Ever!
I highly suggest, if you plan on winning this mock election, you change your taxation policy.
It just plain ludicrous! Highway robbery. The economy would grind to a standstill because no one would want to work any challenging jobs.
Taking large chunks of my money, before redistributing it back to the people. What the hell does the government need that much money for anyways?'
Originally posted by iori_komei
I want one so I could run it through the front door of your parliamentary building and take my freedom back should you ever get elected president!
Originally posted by Johnmike
While LostSailor argues the principles, I must wonder the effect it will have on the economy. What happens when you take a money from the population? Less money to buy, less money to start businesses, less money for investment capital.
In other words, the economy won't be doing so well.