Originally Posted by doggin94it
At some point, "how will this work better for me" (in the short term) has to stop being the litmus test. I'd say that a good time to invoke that rule is when the system is heading for bankruptcy . . . as it is now.
I pay plenty of tax. I pay property tax, Federal Tax, State Tax to NJ, State Tx to NY, all manner of Taxes disguised as fees, Tolls, Gas Tax
so on and so forth.
Having 2 business degrees, allow me not to be so on board with the Flat Tax / VAT Tax fetishes the unknowledgable seem so fixated on.
Given that so many are positing tax schemes here, allow me to propose some of my own - a FLOOR or Minimum Tax everyone
should pay, an INCLUSION amount so to speak. 5 to 10% seems right, perhaps on a progressive scale. An MT, not an AMT. Next prevent folks who pay 0 from getting any "Refund" especially Illegal Alien parasites.
Then, work towards eliminating tax fraud by assembling / analyzing any and all data available on folks including biometrics. If that pisses on the Libertarian mindset too bad. I'm tired of people breaking secular and Biblical laws and gliding along on the sweat of my brow.
You and Warren Buffett can always pay extry. Department of The US Treasury. http://www.fms.treas.gov/faq/moretopics_gifts.html