The employer's share of Payroll taxes is 7.75% of their TOTAL PAYROLL and that alone in a TON that is added to the price of goods and services. MOST people won't see the same 7.75% WAGE HIKE that accounts for the EMPLOYEE share of payroll taxes they would no longer be paying under a National Sales Tax.Cannonpointer » 12 Jul 2023, 11:03 am » wrote: ↑ The monies that companies spend on paying their and their employees' taxes is the real hidden tax the fool keeps yammering about.
Yes, you could cut spending to match existing revenue.Cannonpointer » 12 Jul 2023, 11:01 am » wrote: ↑ Cutting spending would have the same effect, tard. Try to learn to reason.
All of the growing states are those with no income tax. All of the shrinking states are those with income tax.Beekeeper » 12 Jul 2023, 11:30 am » wrote: ↑ The employer's share of Payroll taxes is 7.75% of their TOTAL PAYROLL and that alone in a TON that is added to the price of goods and services. MOST people won't see the same 7.75% WAGE HIKE that accounts for the EMPLOYEE share of payroll taxes they would no longer be paying under a National Sales Tax.
And their argument falls TOTALLY APART when you look at States like Florida where folks go to RETIRE and they have NO State income tax and ONLY are funded by SALES TAXES. Funny how we don't hear about how "old folks" are struggling to pay these such "unfair" taxes. The reality is, it's the MOST FAIR OF ALL TAXES since no one is exempt and EVERYONE benefits from the services government provides. You get benefits from the government services, you should ALSO PAY FOR THEM!!
Funny how folks are MOVING FROM States like California and New York where INCOME TAXES AND SALES TAXES are the highest in the nation where they take nearly 30-40% of folks WAGES just to keep their STATE AFLOAT from the BLOAT OF SPENDING from soup to nuts. AND they are seeing the HIGHEST volume of MOVE OUTS in the nation as well.
You should do cursory googles before making fact statements based only on assumption. Whether you want to talk inflation adjusted dollars or just dollars, your fact claim is incorrect. Bush outspent Clinton. ChartBruce » 12 Jul 2023, 11:39 am » wrote: ↑ Yes, you could cut spending to match existing revenue.
No politician ever has actually tried that,
We could spend less on the military.
I thought no one ever cut spending.Bruce » 12 Jul 2023, 11:39 am » wrote: ↑
- Between 1973 and 2023, discretionary spending’s budgetary share fell from 53 percent to 28 percent of total federal spending.
It is low because the uniparty keeps it low. Obama had the entire government in his first two years. It stayed low. Biden had the entire government for his first two years. It stayed low.Bruce » 12 Jul 2023, 11:39 am » wrote: ↑ But what about those needy Kansas wheat farmers?
What about that corporation over there, that pitifully cries out, for subsidies?
Why our income taxes are so low, compared to Europe, is our politicians loose elections each time they raise them.
And that rebate, requires a huge bureaucracy with millions of people begging money from Uncle Sam like a dog for a bone.Cannonpointer » 12 Jul 2023, 11:05 am » wrote: ↑ For the record, every version of a national sales tax ever devised includes a prebate to those who qualify. THEY STILL HAVE TO PAY THEIR TAX ON PURCHASES (except those basic food items rightly exempted, as you point out). But they get a quarterly prebate which will be highly stimulative to the economy.
So what?Bruce » 12 Jul 2023, 12:38 pm » wrote: ↑ And that rebate, requires a huge bureaucracy with millions of people begging money from Uncle Sam like a dog for a bone.
PREbates. Highly economically stimulative PREbates.Bruce » 12 Jul 2023, 12:38 pm » wrote: ↑ Representative Blowhard would promise more and bigger rebates, except for, and except for, etc.
Yes, rebates could be done.
You mean prebates. And this is a bad thing why?Bruce » 12 Jul 2023, 12:38 pm » wrote: ↑ And you’d have millions upon millions dependent on rebates to pay their bills.
Refuted, does he acknowledge error? No - be breezes along with his next unvetted, untrustworthy can of ****.Cannonpointer » 12 Jul 2023, 12:26 pm » wrote: ↑ You should do cursory googles before making fact statements based only on assumption. Whether you want to talk inflation adjusted dollars or just dollars, your fact claim is incorrect. Bush outspent Clinton. Chart
I never imagined Wall Street would support Democrats, but it’s true.Cannonpointer » 12 Jul 2023, 1:20 pm » wrote: ↑ So what?
Now you have your answer - we don't have to murder IRS bureaucrats. Thanks for solving the problem you invented.
PREbates. Highly economically stimulative PREbates.
You mean prebates. And this is a bad thing why?
Helping people pay their bills through the tax code is the status quo, is it not?
You cannot defend the status quo and still have any standing to attack alternatives for not correcting EVERY deficiency.
The mere fact that the economy would be stimulated quarterly instead of annually is an enormous improvement over the status quo - as is the fact that the enormous underground economy would finally be taxed and the rich would FINALLY be taxed. BUT YOUR PARTY IS IN THE POCKET OF WALL STREET, SO YOU ARE GIVEN SPEWING POINTS AGAINST ANY SCHEME THAT WOULD TAX THE RICH.
And then, you spew.
That's not true. Man, you say some stupid **** without investigating!Cannonpointer » 12 Jul 2023, 12:08 pm » wrote: ↑ All of the growing states are those with no income tax. All of the shrinking states are those with income tax.
The answer to whether the income tax is regressive is rather strongly suggested by that statistic alone.
Utah and Idaho are the best examples out west. Both have seen major population growth all the while having state income tax. However, their tax rates are lower than those of CA or OR.Skans » 12 Jul 2023, 1:48 pm » wrote: ↑ That's not true. Man, you say some stupid **** without investigating!
There are only 9 states with no state income tax. However, there are states other than these 9 that have seen growth over the past few years.
My pencils all have well used erasers.Cannonpointer » 12 Jul 2023, 1:33 pm » wrote: ↑ Refuted, does he acknowledge error? No - be breezes along with his next unvetted, untrustworthy can of ****.
If a man admits error, it puts him in the habit of avoiding that unpleasantness by vetting his **** claims. But if a man merely breezes past his error, that undignified, boyish behavior leaves him relaxed to continue **** from his mouth.
South Carolina, North Carolina and Georgia are the best examples in the South. All have state income taxes, and all have seen tremendous growth. So, between the two of us, we've quickly come up with 5 examples, haven't we.impartialobserver » 12 Jul 2023, 1:51 pm » wrote: ↑ Utah and Idaho are the best examples out west. Both have seen major population growth all the while having state income tax. However, their tax rates are lower than those of CA or OR.
First, Bruce, I do not want Government to have any "surplus". If they have surplus, then they are wasting money and taxing us too much.Bruce » 12 Jul 2023, 1:55 pm » wrote: ↑ My pencils all have well used erasers.
Many years ago I was a Republican.
Back then Republicans understood conservatism to mean not risking all we know, on the unknown.
If a national sales tax worked to balance the budget and create a surplus like we had from 1997-2001 I’d love it, we’d all love it.
But who will save us, if it doesn’t?
Utah and Idaho combined can’t equal the GDP of a major liberal controlled high tax mega city.impartialobserver » 12 Jul 2023, 1:51 pm » wrote: ↑ Utah and Idaho are the best examples out west. Both have seen major population growth all the while having state income tax. However, their tax rates are lower than those of CA or OR.
You fail to consider that people would receive their entire gross pay. All of it. No taxes. No feeco, fighco, foughco - no soc sec, no NOTHING extracted. SHOW ME the fellow who would not be saving 20%. You also fail to account for the highly stimulative quarterly prebates.Bruce » 12 Jul 2023, 1:34 pm » wrote: ↑ I never imagined Wall Street would support Democrats, but it’s true.
Can you imagine the reaction of changing how we have financed the federal government for over a hundred years?
For any theoretical benefit of a national sales tax woth rebates, the unknown down sides loom larger.
The real beauty of the way the system is, we can sell our neighbor something for so many dollars, and a dollar buys a dollar’s worth.
A national sales tax would create massive avoidance of the sales tax between individuals.
What if there was even a 5% decline in retail spending?
Disaster. Not since the thirties.
Wall Street fears it’s former champions.
Beekeeper » 12 Jul 2023, 6:55 am » wrote: ↑ The TWO THINGS you failed to bring into the equation is....
1. INCOMES of people will INCREASE since there is NO LONGER any payroll taxes being deducted. That INCREASES what people have to spend.
2. There is NO LONGER any "hidden taxes" in the prices of goods and services since the INCOME TAXES on business also disappears and prices COME DOWN as those taxes are ELIMINATED. Simple competition will reduce prices as once ONE does it, everyone follows suit to stay competitive.
What about ALL THOSE REGULATIONS that are FORCING those pitiful wheat farmers to have to BEG FOR SUBSIDIES??Bruce » 12 Jul 2023, 11:39 am » wrote: ↑But what about those needy Kansas wheat farmers?
What about that corporation over there, that pitifully cries out, for subsidies?
Why our income taxes are so low, compared to Europe, is our politicians loose elections each time they raise them.
I hear you barking. I see no numbers to back the bark, bug ****.Skans » 12 Jul 2023, 1:48 pm » wrote: ↑ That's not true. Man, you say some stupid **** without investigating!
There are only 9 states with no state income tax. However, there are states other than these 9 that have seen growth over the past few years.
I, too, lament the progressive knee jerk reactionaries that neocons have turned into.Bruce » 12 Jul 2023, 1:55 pm » wrote: ↑ My pencils all have well used erasers.
Many years ago I was a Republican.
Back then Republicans understood conservatism to mean not risking all we know, on the unknown.
You argument here ^ (not previously) is a conservative argument. My counter is this: We are thirty trillions plus in debt. The current system is by definition failing. Dithering won't fix it, so we're left with the sort of options that conservatives despise: quick and radical change.Bruce » 12 Jul 2023, 1:55 pm » wrote: ↑ If a national sales tax worked to balance the budget and create a surplus like we had from 1997-2001 I’d love it, we’d all love it.
But who will save us, if it doesn’t?