Tax reform idea whose time has come?

22 Nov 2011 15:23 #11 by BearMtnHIB

Double federal spending? Sorry, but I didn't take anything out of context - that's directly from their home page. Spending is one of, if not the, biggest problem this country has. To even suggest doubling federal spending is beyond stupid.
I'll say it again, this country has a spending and tax code problem. The Federal government CANNOT continue to spend massive amounts of money that it does not have.

Ditto- Totally agree and the government needs to be slashed back to the level that it collects- and it needs to be slashed back even further than that for a number of years until this massive debt has been paid for as well!

This is the only way - the ONLY way.

archer wrote: I guess it could be argued that we don't have a spending problem we have a revenue problem. I agree we shouldn't spend more than we have, so maybe the solution is to have more. This country did very well with high taxes did we not?

Now before you all start beating up on me I am just putting this out there for discussion. The idea that it takes money to make money has been true for the private sector...would it also be true for gov't?


You got to be kidding! We did not do very well under high taxes- and we are not doing very well right now with high taxes- want to stall the economy even more? Just raise taxes and remove more money out of the private economy- watch the jobs go away even more so- and watch the value of the dollar plummet until we are a 3rd world country.

Government does not make any money- none. It only consumes money that the private sector produces- so your last sentence is completely false. Government does not produce anything better than the free market- except debt.

Government must be slashed at all levels- failure to do so will destroy every American's economic future- period.

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22 Nov 2011 15:30 #12 by archer
I believe taxes are at or near an all time low, at least for federal income tax..so how does your criticism of raising taxes jive with that?

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22 Nov 2011 15:30 #13 by Martin Ent Inc
Revolution is in the air.

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22 Nov 2011 15:37 #14 by FredHayek

archer wrote: I believe taxes are at or near an all time low, at least for federal income tax..so how does your criticism of raising taxes jive with that?

This country used to not even have income tax so I think you are incorrect about taxes being at an all time low.

In WWI, the income taxes were only on millionaires, a very rare group in 1917.

Thomas Sowell: There are no solutions, just trade-offs.

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22 Nov 2011 15:39 #15 by Martin Ent Inc
My grandfather never paid any.

And spending our way to wealth is a totally NUTZO idea.

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22 Nov 2011 15:48 #16 by archer
My bad, I was referring to more recent history, but did not make that clear.

Tax bills in 2009 at lowest level since 1950
Amid complaints about high taxes and calls for a smaller government, Americans paid their lowest level of taxes last year since Harry Truman's presidency, a USA TODAY analysis of federal data found.

http://www.usatoday.com/money/perfi/tax ... axes_N.htm

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22 Nov 2011 17:09 #17 by Rick
We wouldn't have a revenue problem if we did EVERYTHING possible to help the real producers of revenue instead of raising taxes which will do almost nothing to reduce our debt.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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22 Nov 2011 17:39 #18 by AspenValley

Irenic_Bill wrote: We wouldn't have a revenue problem if we did EVERYTHING possible to help the real producers of revenue instead of raising taxes which will do almost nothing to reduce our debt.


Everything possible? How about we make the middle class pay their taxes directly to the wealthiest 1/10th of 1 percent? That work for ya? In fact, why not DOUBLE the taxes on the middle class and pay them directly to the wealthiest? And if people don't like it, well, the heck with them, the wealthy will QUIT PRODUCING JOBS FOR THEM, the whiners!

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22 Nov 2011 17:45 #19 by Blazer Bob

AspenValley wrote:

Irenic_Bill wrote: We wouldn't have a revenue problem if we did EVERYTHING possible to help the real producers of revenue instead of raising taxes which will do almost nothing to reduce our debt.


Everything possible? How about we make the middle class pay their taxes directly to the wealthiest 1/10th of 1 percent? That work for ya? In fact, why not DOUBLE the taxes on the middle class and pay them directly to the wealthiest? And if people don't like it, well, the heck with them, the wealthy will QUIT PRODUCING JOBS FOR THEM, the whiners!


How about we stop spending trillions of dollars of borrowed money.

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22 Nov 2011 18:30 #20 by LadyJazzer
How about we stop making those "job-creators" richer and richer, when it's obvious that they aren't creating jobs in the U.S. (And you can take that garbage about "uncertainty" and shove it... That one doesn't work any more.)

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