Federal tax rates

What word would you use to describe someone who spent their career hiding in the briar patch working a public union job but only doing the minimum required by the contract?

Semi-trash?

 

Income is only one component of wealth.

 

Income is the least important component of (great) wealth. Control of a country's physical assets and political power are much more important. Also life and death power over the people - participation in wars, police powers . . . .

 

If you going to quote someone get the correct person. Paul said if a man will not work neither should he eat. Then realize what was being said the poor of Jesus day were normally those who were halt, lame, diseased blind etc. Paul was speaking of those able to work but were too lazy to work, most of us would agree to that.

Wouldn't it be nice if we could get the corporate tax rate lower, since we are what the second highest in corporate tax rates of all the nations in the world. You know if it hadn't of been for the Unions we might still have a vast supply of Steel Mills in this nation, but the price of American steel went way too high. Let see $40.000 for a Chevy Cruze, the electric/gasoline auto mobile, wonder what the cost for union workers is on that and then the corporate tax rate, wonder how much it would go down if the workers earned a fair living wage and the tax rate was lower? Think maybe folks could afford the price?

The Unions had their place in our society, they brought wages up and work weeks down. But what happens when the workers over price themselves to the point that like the Steel Workers union they put their own businesses out of business. There must be middle ground found and unless the rich union Bosses are willing to give up a little of their money which they get from the backs of those union workers the demand for higher wages will continue. Higher wages for the union worker menas the union bosses can sit back in their rich neighborhoods and laugh at the workers that make the money that they get paid with.

 

Flat tax rate everyone pays the same percentage on their income.

 

> Paul said if a man will not work neither should he eat.

Are not all statements made by Paul actually statements of God?


Agree with an electronic transfer tax replacing the federal income tax.

 

Please define what you mean by "electronic transfer tax".

 

A tax that is levied on any computer transfer between buyers and sellers or between institutions of electronic money. On line purchases, stock trades, and money transfers between banks, on line bill paying, for examples.


90% of the money in circulation in the US is electronic transfer. Less than 2% is cash.

 

And once an electronic transfer tax is established cash will once again be king.

 

I'm with FAL on this one!!
:thumbs::thumbs:

 

Believing that people are static and not decision makers is the same mistake that the Democrats make over and over.

Under an electronic transfer tax system I could imagine someone starting up a new real estate business whereby houses are traded between buyers and sellers in some fashion rather than bought and sold thus avoiding the tax.

Any of a million work arounds can be dreamed up.

Someone with real money to spend doesn't consider 1% to be nothing.

 

>Under an electronic transfer tax system I could imagine someone starting up a new real estate business whereby houses are traded between buyers and sellers in some fashion rather than bought and sold thus avoiding the tax.

Then why didn't happen in California under Prop 1?

Jesus complimented the poor woman who taxed herself 100% for the church and bad-mouthed the rich guy who only taxed himself 10%. Our owners have taken that story to heart and rape the working class while letting the rich keep 90%. The Republicans think this is God's plan. The working people are taxed 100% and our owners tax themselves an insignificant amount. And don't tell me that "clipping (bond) coupons" is work.

 

Exactly. 1% is nothing to sneeze at, even for most people. For starters, consider every time you buy groceries and gasoline with a checking debit card you pay 1% more. Now think about your contributions to your IRA. Right out of the chute you are diminishing your return by 1%. Extend this to all your transactions. It adds up.

I believe that the Fair Tax, or consumption tax, also has the same flaw. The consumption tax would eliminate payroll taxes, income taxes, capital gains taxes, etc. BUT would tax all purchases at around 23%. If that were enacted you better believe the barter system would flourish.

 

I'm not familiar with Prop 1 - what is it?