posted on Aug, 28 2008 @ 07:32 PM
Originally posted by mopusvindictus
You know the principals Obama has are decent and Biden too
But the problem is when you simplify the tax code and put it on the wealthy you drive the system to a place where it "defines wealthy"
Actually, I believe that is what we have today with "brackets".
I'm not saying "put it on the wealthy" I'm saying, allow the wealthy to share the burden that we are dodging today.
As a wealthy person, I have the ability to dodge most of the taxes the the vast majority don't. Simply by making it an exercise of tax forms builds
a barrier to those who don't have the ability or the money to understand the forms and what they all mean.
and that definition will fall upon people who really aren't wealthy.
To BECOME wealthy you need to be able to accumulate enough money for your money to make money and what I am seeing as the definition of wealthy
factors in the 12 G a year crowd so a person who achieves that 100 G a year, will find himself, utterly screwed because he will go to loosing half
probably on some simple inanne system that has no loopholes like a flat tax
I'm not speaking about a tax that everyone pays regardless. I'm speaking about a consumption tax which you only pay when you make a purchase on
something other than food. Surely I can control my spending habits if I wish to reduce my tax burden.
That Joe average dope, can figure out
and what does that actually do...
It relieves a guy making 25 G of paying 400.00 a year
But prevents him when he breacjes a hundred G for example of having anything left but 50 G (as a fictional example) because he is defined as
"wealthy" long before being wealthy
Not if he isn't purchasing any more than he did when he made 25k a year. Now, Agreed as my income increases, my spending habits also increase. This
in itself is a problem, but I won't get into that here. The main point, is that with a consumption tax, it doesn't matter how much you make, it
matters how much you spend.
I think your assumptions were based on a "you pay this much percent of what you make" formula. I want to remove the "based on what you make"
It should be based on what you spend, not what you make.