Forums46
Topics538,275
Posts9,735,154
Members87,077
|
Most Online25,604 Feb 12th, 2024
|
|
|
Flat tax rate?
#7755559
02/24/20 11:40 PM
|
Joined: Dec 2006
Posts: 9,154
KWood_TSU
OP
THF Trophy Hunter
|
OP
THF Trophy Hunter
Joined: Dec 2006
Posts: 9,154 |
Why is it that we don't have a flat tax rate across all income levels. I know common sense isn't common, but this seems too simple to have flat tax unless I'm missing something.
Amat Victoria Curam - Victory Loves Preparation
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755564
02/24/20 11:45 PM
|
Joined: Jan 2009
Posts: 19,282
Judd
#1 Creedmoor Fan
|
#1 Creedmoor Fan
Joined: Jan 2009
Posts: 19,282 |
Guess what sort of people make tax laws?
Don't let your ears hear what your eyes didn't see, and don't let your mouth say what your heart doesn't feel
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755566
02/24/20 11:49 PM
|
Joined: Oct 2008
Posts: 15,202
Tbar
THF Celebrity
|
THF Celebrity
Joined: Oct 2008
Posts: 15,202 |
Because a certain group wouldn't be able to complain that another group wasn't paying their fair share.
Make America Great Again
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755572
02/24/20 11:56 PM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
For.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755647
02/25/20 01:35 AM
|
Joined: Oct 2014
Posts: 12,353
Duck_Hunter
THF Celebrity
|
THF Celebrity
Joined: Oct 2014
Posts: 12,353 |
10% across the board and if the government can’t be run on that tax “revenue,” start cutting.
I just turned it on . I was looking bird dogs in the butt this morning.
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755651
02/25/20 01:38 AM
|
Joined: Jul 2009
Posts: 9,763
Tin Head
THF Trophy Hunter
|
THF Trophy Hunter
Joined: Jul 2009
Posts: 9,763 |
the black hats like the YUGE slush funds.
|
|
|
Re: Flat tax rate?
[Re: Judd]
#7755658
02/25/20 01:49 AM
|
Joined: Jan 2014
Posts: 12,768
Paluxy
THF Celebrity
|
THF Celebrity
Joined: Jan 2014
Posts: 12,768 |
Guess what sort of people make tax laws? Those that pay the most?
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755663
02/25/20 02:01 AM
|
Joined: Feb 2011
Posts: 4,243
Erny
Extreme Tracker
|
Extreme Tracker
Joined: Feb 2011
Posts: 4,243 |
Several republican presidential candidates have run on this. They did not even get the republican nomination. I personally think it’s a great idea.
|
|
|
Re: Flat tax rate?
[Re: Duck_Hunter]
#7755671
02/25/20 02:10 AM
|
Joined: Jan 2011
Posts: 65,534
SnakeWrangler
THF Celebrity
|
THF Celebrity
Joined: Jan 2011
Posts: 65,534 |
10% across the board and if the government can’t be run on that tax “revenue,” start cutting. And make everyone pay....same 10%....
I believe in science and I’m an insufferable [censored] Actually, BBC is pretty damn good "You Cannot Simultaneously Be Politically Correct And Intellectually Honest!"
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755679
02/25/20 02:21 AM
|
Joined: Jun 2015
Posts: 18,772
Roll-Tide
THF Celebrity
|
THF Celebrity
Joined: Jun 2015
Posts: 18,772 |
Gotta do something. I paid in over 40k to taxes. I’m now brainwashed thinking I’m winning get a 3k refund.
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755681
02/25/20 02:22 AM
|
Joined: Oct 2008
Posts: 15,202
Tbar
THF Celebrity
|
THF Celebrity
Joined: Oct 2008
Posts: 15,202 |
As much as I would like to have a 10% flat rate I don't see how it would work. The vast majority of the tax collected comes from those paying much higher rates.
Make America Great Again
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755683
02/25/20 02:26 AM
|
Joined: Aug 2012
Posts: 15,578
TexFlip
THF Celebrity
|
THF Celebrity
Joined: Aug 2012
Posts: 15,578 |
A federal sales tax would bring in more revenue. Everyone spends money but not everyone earns a taxable income.
Just to make sure that it is done thoroughly, I go both ways.
|
|
|
Re: Flat tax rate?
[Re: Tbar]
#7755686
02/25/20 02:27 AM
|
Joined: Jan 2014
Posts: 12,768
Paluxy
THF Celebrity
|
THF Celebrity
Joined: Jan 2014
Posts: 12,768 |
As much as I would like to have a 10% flat rate I don't see how it would work. The vast majority of the tax collected comes from those paying much higher rates.
Overall the percentage of taxes to income is just above 10% In 2016, 140.9 million taxpayers reported earning $10.2 trillion in adjusted gross income and paid $1.4 trillion in individual income taxes.
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755688
02/25/20 02:27 AM
|
Joined: Jun 2015
Posts: 18,772
Roll-Tide
THF Celebrity
|
THF Celebrity
Joined: Jun 2015
Posts: 18,772 |
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755694
02/25/20 02:33 AM
|
Joined: Aug 2008
Posts: 14,953
don k
THF Celebrity
|
THF Celebrity
Joined: Aug 2008
Posts: 14,953 |
It doesn't matter if it is flat tax, income tax or any other of the multitude of taxes we give it is never enough.
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755701
02/25/20 02:41 AM
|
Joined: Dec 2009
Posts: 9,857
The Dude Abides
THF Trophy Hunter
|
THF Trophy Hunter
Joined: Dec 2009
Posts: 9,857 |
Problem is the government does not spend wisely. All they do is spend, spend, and spend with no accountability.
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.
|
|
|
Re: Flat tax rate?
[Re: SnakeWrangler]
#7755717
02/25/20 02:56 AM
|
Joined: Oct 2014
Posts: 12,353
Duck_Hunter
THF Celebrity
|
THF Celebrity
Joined: Oct 2014
Posts: 12,353 |
10% across the board and if the government can’t be run on that tax “revenue,” start cutting. And make everyone pay....same 10%.... Yes. You make $2,400 a year or $2.4 million. Same 10%. No deductions, no refunds. Everyone has skin in the game.
I just turned it on . I was looking bird dogs in the butt this morning.
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755720
02/25/20 02:58 AM
|
Joined: Apr 2007
Posts: 60,531
BOBO the Clown
kind of a big deal
|
kind of a big deal
Joined: Apr 2007
Posts: 60,531 |
Wait no pretax deductions?
|
|
|
Re: Flat tax rate?
[Re: Tbar]
#7755722
02/25/20 02:59 AM
|
Joined: Oct 2014
Posts: 12,353
Duck_Hunter
THF Celebrity
|
THF Celebrity
Joined: Oct 2014
Posts: 12,353 |
As much as I would like to have a 10% flat rate I don't see how it would work. The vast majority of the tax collected comes from those paying much higher rates. We don’t have a tax revenue issue. We have a spending issue. We can never tax ourselves enough to cover the spending. We already run a deficit and nobody cares. May as well lower the tax rate and make everyone pay out of principle. (Personally, I think the Fair Tax is better than a flat tax, but I’d settle for a low flat tax. Neither will ever replace what we have now, so it’s all a pipe dream.)
I just turned it on . I was looking bird dogs in the butt this morning.
|
|
|
Re: Flat tax rate?
[Re: BOBO the Clown]
#7755723
02/25/20 02:59 AM
|
Joined: Oct 2014
Posts: 12,353
Duck_Hunter
THF Celebrity
|
THF Celebrity
Joined: Oct 2014
Posts: 12,353 |
Wait no pretax deductions? No deductions of any type. Everyone pays 10%.
I just turned it on . I was looking bird dogs in the butt this morning.
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755725
02/25/20 03:02 AM
|
Joined: Aug 2005
Posts: 31,988
txtrophy85
THF Celebrity
|
THF Celebrity
Joined: Aug 2005
Posts: 31,988 |
I would be 100% on board with a 10% or even 15% flat tax rate.
And I agree the federal government blows money out both pant legs. We give way too much foreign aid and subsidies imo
We have a spending problem not a income tax problem
For it is not the quarry that we truly seek, but the adventure.
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755755
02/25/20 03:27 AM
|
Joined: Nov 2011
Posts: 11,038
Texas buckeye
THF Celebrity
|
THF Celebrity
Joined: Nov 2011
Posts: 11,038 |
CPAs wouldn’t like it, but I would be all about a 10-15% flat tax.
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755778
02/25/20 04:01 AM
|
Joined: Nov 2012
Posts: 15,658
QuitShootinYoungBucks
THF Celebrity
|
THF Celebrity
Joined: Nov 2012
Posts: 15,658 |
The studies I’ve read say it needs to be 20-23% to make it work
https://web.archive.org/web/20170223065011/http:/www.rrdvegas.com/silencer-cleaning.html
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755843
02/25/20 12:04 PM
|
Joined: Dec 2017
Posts: 2,823
RattlesnakeDan
Veteran Tracker
|
Veteran Tracker
Joined: Dec 2017
Posts: 2,823 |
That would be my problem...agree to a 10% flat tax and how long before it became 12, then 15 then 20 and on and on it goes.
Just like Jesus, sometimes you gotta kill some hogs. Lone Star Mesquite . com RattleSnake Dan's Shredding Service
|
|
|
Re: Flat tax rate?
[Re: KWood_TSU]
#7755854
02/25/20 12:23 PM
|
Joined: Nov 2009
Posts: 5,432
RayB
red bone Bob
|
red bone Bob
Joined: Nov 2009
Posts: 5,432 |
Because 10% of a persons salary that makes $20K a year would be hurt more than a person who makes $200K a year. I just wish they would quit spending my tax money on stupid stuff
There is time, and you must take it, to lay your hand on your dog's head as you walk past him lying on the floor or on his settle, time to talk with him, to remember with him, time to please him, time you can't buy back once he's gone" GBE
|
|
|
Moderated by bigbob_ftw, CCBIRDDOGMAN, Chickenman, Derek, DeRico, Duck_Hunter, hetman, jeh7mmmag, JustWingem, kmon11, kry226, kwrhuntinglab, Payne, pertnear, rifleman, sig226fan (Rguns.com), Superduty, TreeBass, txcornhusker
|