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originally posted by: chr0naut
a reply to: EternalSolace
Wouldn't it depend upon how they were spending the money they get from taxes?
If they are spending it on health services or essential infrastructure, then all good, but spending it on something that the public has little access to or need for, is just plain bad governance.
Also, taxes should give equal value to all citizens. If a tax funnels money into the hands of those who are already wealthy and from those who can least afford to loose it (Pareto principle From Wikipedia, the free encyclopedia).
originally posted by: musicismagic
sales tax as of this coming October will be 10%. its a crying shame in this country where there was no sales tax before
originally posted by: musicismagic
sales tax as of this coming October will be 10%. its a crying shame in this country where there was no sales tax before
originally posted by: Edumakated
Reality is that almost 50% of country pays no federal income taxes. The bottom 5% basically has a negative tax rate meaning they take out more than they put in. The top 10% pretty much pay like 90% of the taxes. This is just at the federal level. Then you start talking at state and local taxes. Some folks are literally paying like 50% of their income in taxes.
I just got my property tax bill. My property taxes here in Chicago on a relatively modest house (worth maybe $525k on a good day run about $13,000). The tax bill has doubled in the 15 years we've owned the home. However, my property value has remained relatively stagnant.
The sad part is 65% of my tax bill is basically supporting teachers/fire/police pensions. In other words, I am paying about $8k/yr to fund someone else's lavish retirement. Then I have to be disciplined enough to save for my own.
There are only so many of us who can pull the wagon. At some point, people are going to have to get out and walk.
originally posted by: carewemust
originally posted by: musicismagic
sales tax as of this coming October will be 10%. its a crying shame in this country where there was no sales tax before
Wow. A NATIONAL sales tax?! What country?
originally posted by: Vroomfondel
a reply to: EternalSolace
And I correct myself here: the real problem is voters who keep putting these people in office.
en.wikipedia.org...
originally posted by: MisterSpock
originally posted by: Vroomfondel
a reply to: EternalSolace
And I correct myself here: the real problem is voters who keep putting these people in office.
90 percent of human beings are idiots(i'm being generous).
It's time the other 10 percent wise up and let the dumpster consume those we have tried to "protect" out of some misguided attempt at "solidarity".
originally posted by: EternalSolace
Consider me a swing voter. I am on the fence between democrats or republicans.
Do taxes really support the people?
Do taxes support the election?
Can democrats support a unified city response?
originally posted by: MisterSpock
Paying taxes isn't the problem, it's just the ever dwindling rate(it seems) of citizens that actually pay into the pool of state/federal income tax.
You CAN"T have a society where the few pay for the many.
At best, the money gets stretched to thin, at worst, the payers just get fed up and say F it and prefer a collapse rather than some sort of tax reform.
originally posted by: carewemust
originally posted by: musicismagic
sales tax as of this coming October will be 10%. its a crying shame in this country where there was no sales tax before
Wow. A NATIONAL sales tax?! What country?