Sports and Politics it effects our local teams!

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Sports and Politics it effects our local teams!

January 31, 2013 1:57 pm
I am a proponent of "The Fair Tax". This would be a Tax system based on purchasing and investing power for individuals and companies. It has multiple levels or "pockets" that would be for exclusive governmental use but only in the area designated.

Example of a Individual or Corporate Fair Tax: The person (worker) would keep 100% of their earnings. This increases the individuals purchasing power immensely. Instead of now earning say $1,000 per week for 52 weeks (currently taxed at 25% rate thereby reducing their purchasing power to 75% or earnings) would keep all $52,000 (not the $39,000 in the current system).
You then place a flat tax rate on all purchases of goods, services or investments. Say 10% for sake of argument and ease of math. What you have effectively done now is provide people with 15% more purchasing power (25% back in the pockets and 10% removed during purchase). Out of that 10% are percentages that go automatically for specific governmental services. Military 4%, Social programs 4%, debt 2%.... etc. The exact particulars would be worked out.

I know this isn't a political board. But this has turned into a political thread so why not?

I completely agree with what Pride just wrote. I've been a proponent of the Fair Tax as well. I will go to my grave knowing that the greatest politician to ever grace America with his presence was Ron Paul. He is also the most unappreciated. The role of government should be to govern, not to control. Somewhere along the way this county has lost its way. But I digress.

Income tax should be done away with. Of course the Internal Revenue Service is way to powerful to ever let that happen. Same with tax attorneys. But that doesn't change what the right thing to do is, and what we should fight for.

Property tax is literally stealing. The government should not be able to tax something that WE OWN.

Taxes should come out of purchases. And it should be done "fairly." A high sales tax without income & property tax would not only be the most fair way to run a country, but the most efficient and prosperous all across the board. Here are some of the benefits:

1. Everyone would pay taxes. Rich people would no longer be able to avoid paying their fair share of taxes by hiring attorneys to find loopholes.

2. Everyone would pay taxes. Drug dealers, mobsters, every type of criminal, under the table workers, illegal immigrants, off the radar anti-government people hiding in a bunker somewhere, etc, EVERYONE, would pay taxes. Why? Everyone makes purchases.

3. Did I mention....everyone would pay taxes!!!

4. Financial control would be completely left to the individual. We are a consumer nation. That's never going to stop. There would be PLENTY of tax money coming in to fund government programs. But it would be up to the individual and their personal lifestyle choices how elaborate they want to live. If it is worth it to them to pay more taxes they will make more purchases. If they want to live more frugal, they have that choice. It's ALL up to the individual to decide what to do and how to live with the money they earn. And that's because 100% of the money they earn will go to them FIRST. And then some of it will go to the government depending on how many purchases are made. But the money would go to the individual first, the way it should be.

There are so many other benefits but I don't have time to outline them. It's a shame we are letting government get bigger and bigger with more power. Government run entities are incompetent and corrupt. Always will be. So, now that they are running everything, it's no wonder everything is a mess.
shoktart
SinceAug 16, 2006