Political Crossfire Forums

[Quicksurf]

Would you support a flat tax for all economic classes?

I would. I see no reason why someone who makes 500,000 a year have to pay a higher tax percentage that someone who makes 15,000 a year.

[LostSoul3412]

I support no taxes. But I think that a flat tax would be better than punishing the wealthy through an income tax.

[SouthernComfort]

No taxes? How would things like Libraries, public schools, hospitals, fire sations and police manage to survive? How would government officials be paid? I know that alot of the things our tax money goes to are unnecessary, but no taxes is a bit extreme. A government needs taxes in order to operate.

[Quicksurf]

SouthernComfort wrote: No taxes? How would things like Libraries, public schools, hospitals, fire sations and police manage to survive. How would government officials be paid? I know that alot of the thiongs our tax money goes to are unnecessary, but no taxes is a bit extreme. A government needs taxes in orderto operate.

He doesn't believe that the government has a right to exist.

[Classically Liberal]

I support a flat tax in a round about way...

TAX SOCIALISM. I support a 40% tax on corporate gross income coupled with a 0% flat tax on all individuals of all classes.

[Quicksurf]

Classically Liberal wrote: I support a flat tax in a round about way...

TAX SOCIALISM. I support a 40% tax on corporate gross income coupled with a 0% flat tax on all individuals of all classes.

So this way we don't hurt the people, just their companies? :roll:

[LostSoul3412]

Classically Liberal wrote: I support a flat tax in a round about way...

TAX SOCIALISM. I support a 40% tax on corporate gross income coupled with a 0% flat tax on all individuals of all classes.

So everyone has all their money and nothing to spend it on. :?

[Gatz Nieblas]

Quicksurf wrote: Would you support a flat tax for all economic classes?

I would. I see no reason why someone who makes 500,000 a year have to pay a higher tax percentage that someone who makes 15,000 a year.

The flat tax is needed more than ever to spur economic activity and simplify a leviathan of a tax code that is 9.2 billion words long(longer than the bible, declaration of independence, constitiution, and gettysburg address combined). In fact, the current system is so large and erroneous that IRS agents and experts get information wrong concerning the tax code 25% of the time! and the taxpayer is held accountable.

On top of that, billions upon billions are spent by individuals and corporations just to prepare for the income tax. The flat tax would be the size of a postcard an the proposed plan of Steve Forbes allows the taxpayer to have a choice between a flat tax and the current system.

The flat tax (which i support of a pure 10% rate) is a tax cut for the wealthy, productive members of society, thus expanding overall prosperity via jobs and production. Also, the billions of dollars going toward preparation of this system would be dispersed into the economy, thus making a simplified system and a pro-business atmosphere when it comes to revenue raising for the government.

[LostSoul3412]

SouthernComfort wrote: No taxes? How would things like Libraries, public schools, hospitals, fire sations and police manage to survive?

Privatization.

SouthernComfort wrote: How would government officials be paid? I know that alot of the things our tax money goes to are unnecessary, but no taxes is a bit extreme. A government needs taxes in order to operate.

Why do you need government? (Philosophically speaking. In current politics I am a Libertarian, but philosophically I am an Anarcho-Capitalist.)

[Classically Liberal]

Quicksurf wrote: Classically Liberal wrote: I support a flat tax in a round about way...

TAX SOCIALISM. I support a 40% tax on corporate gross income coupled with a 0% flat tax on all individuals of all classes.

So this way we don't hurt the people, just their companies? :roll:

If that is how you want to put it. All socialization of private property should be discouraged.

[Classically Liberal]

LostSoul3412 wrote: Classically Liberal wrote: I support a flat tax in a round about way...

TAX SOCIALISM. I support a 40% tax on corporate gross income coupled with a 0% flat tax on all individuals of all classes.

So everyone has all their money and nothing to spend it on. :?

I really do not see how this would cause any deflation or put any healthy company under.

[Quicksurf]

Classically Liberal wrote: LostSoul3412 wrote: Classically Liberal wrote: I support a flat tax in a round about way...

TAX SOCIALISM. I support a 40% tax on corporate gross income coupled with a 0% flat tax on all individuals of all classes.

So everyone has all their money and nothing to spend it on. :?

I really do not see how this would cause any deflation or put any healthy company under.

Because they have to give 40% of their profits to the government.

[Classically Liberal]

Quicksurf wrote: Classically Liberal wrote: LostSoul3412 wrote: Classically Liberal wrote: I support a flat tax in a round about way...

TAX SOCIALISM. I support a 40% tax on corporate gross income coupled with a 0% flat tax on all individuals of all classes.

So everyone has all their money and nothing to spend it on. :?

I really do not see how this would cause any deflation or put any healthy company under.

Because they have to give 40% of their profits to the government.

Correction; I said 40% of corporate gross income. If there is some restructuring of the socialist monstrosities that will only be a good thing. Keep in mind, I am advocating 0% taxes on individual businesses and partnerships.

[LostSoul3412]

Classically Liberal wrote: I really do not see how this would cause any deflation or put any healthy company under.

Company - Money = No Company = No Goods

[LostSoul3412]

Classically Liberal wrote: Correction; I said 40% of corporate gross income. If there is some restructuring of the socialist monstrosities that will only be a good thing. Keep in mind, I am advocating 0% taxes on individual businesses and partnerships.

Of gross income? So you're going to take out 40% of all income before any bills are paid? Also, corporations are part of the natural evolution of business. "Socialism" has nothing to do with it. A corporation is a publicly traded company, not a publicly owned company. The Board of Directors still runs the company.

[SouthernComfort]

LostSoul3412 wrote: SouthernComfort wrote: No taxes? How would things like Libraries, public schools, hospitals, fire sations and police manage to survive?

Privatization.

SouthernComfort wrote: How would government officials be paid? I know that alot of the things our tax money goes to are unnecessary, but no taxes is a bit extreme. A government needs taxes in order to operate.

Why do you need government? (Philosophically speaking. In current politics I am a Libertarian, but philosophically I am an Anarcho-Capitalist.)


Sorry I'm not familiar with what you mean by privatization. Do you mean donation or they will need to fund themselves? Government is always necessary in any organization of people. There has do be an order, people with certain responsabilities and roles. Without that there would be complete chaos with no law and order.

[Classically Liberal]

LostSoul3412 wrote: Classically Liberal wrote: I really do not see how this would cause any deflation or put any healthy company under.

Company - Money = No Company = No Goods

They will still have plenty of money and pheraps they will invest money more effectively. Otherwise, there are plenty of private companies and oppurtunities for companies to fill any voids created.

[Classically Liberal]

LostSoul3412 wrote: Classically Liberal wrote: Correction; I said 40% of corporate gross income. If there is some restructuring of the socialist monstrosities that will only be a good thing. Keep in mind, I am advocating 0% taxes on individual businesses and partnerships.

Of gross income? So you're going to take out 40% of all income before any bills are paid? Also, corporations are part of the natural evolution of business. "Socialism" has nothing to do with it. A corporation is a publicly traded company, not a publicly owned company. The Board of Directors still runs the company.

The government steals about 25% of my income before my bills are paid...

The second half of you post is a complete paradox, sorry.

[Kindred]

Quicksurf wrote: Would you support a flat tax for all economic classes?

I would. I see no reason why someone who makes 500,000 a year have to pay a higher tax percentage that someone who makes 15,000 a year.

I agree with Adam Smith that;

Quote: The expense of defending the society, and that of supporting the dignity of the chief magistrate, are both laid out for the general benefit of the whole society. It is reasonable, therefore, that they should be defrayed by the general contribution of the whole society, all the different members contributing, as nearly as possible, in proportion to their respective abilities

-Adam Smith, Wealth of Nations

[LostSoul3412]

SouthernComfort wrote: Sorry I'm not familiar with what you mean by privatization. Do you mean donation or they will need to fund themselves?

Both.

SouthernComfort wrote: Government is always necessary in any organization of people. There has do be an order, people with certain responsabilities and roles. Without that there would be complete chaos with no law and order.

A different issue for a different thread, I'm afraid.