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| -Short Attention Span Theater- |
| Who actually pays income taxes. |
| 2010-09-28 |
| Posted by:Besoeker |
| #6 Meh. Regulatory costs are actually quite a bit more damaging than taxation at this point. The latest figures I heard indicated that imposed federal regulatory costs are around 35% of GDP. At least they're not spending that much. Yet. |
| Posted by: AzCat 2010-09-28 19:00 |
| #5 AGREE DV...I'd set the rate at 10% - good enough for the church, good enough for the IRS. |
| Posted by: Broadhead6 2010-09-28 16:40 |
| #4 Amen to what Darth Vader said. Darth Vader for President. |
| Posted by: Private Eye 2010-09-28 15:32 |
| #3 I'm all for a flat tax. Everyone pays a percentage. That way the "poor" feel the bite of Obamacare just like the "rich". More than likely they won't vote for progressive bullshit if they have to pay for it too. |
| Posted by: DarthVader 2010-09-28 12:45 |
| #2 I believe it's the unemployed. Taxes on income reduce the money left to hire other people to do tasks (comparative advantage), and thus cause unemployment. MORE IMPORTANTLY I believe the relative productivity (pay) ratio between two people is maintained POST TAX! This means lowering the pay of the productive lowers the pay of the less productive! |
| Posted by: Bright Pebbles 2010-09-28 12:29 |
| #1 To add insult to injury, according to the OECD, the U.S. "has the most progressive tax system and collects the largest share of taxes from the richest 10% of the population." http://www.taxfoundation.org/blog/show/23856.html |
| Posted by: eltoroverde 2010-09-28 11:23 |