This is why the country is bankrupt LOL
06-02-2011, 01:36 PM
#121
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More from that report:
The United States pays 24 percent of its gross domestic product (the sum of all goods and services produced in a year) to taxes collected by all levels of government.
That's a bargain compared with most developed nations.
Australians pay 27 percent; the Japanese 28 percent; Canadians 31 percent; British 34 percent; Germans 37 percent; French 42 percent; and Swedes 46 percent. Danes lead the world at 48 percent.
Economic experts agree America holds a tremendous international advantage because it has the world's largest national economy and one of the most modest tax burdens.
The United States pays 24 percent of its gross domestic product (the sum of all goods and services produced in a year) to taxes collected by all levels of government.
That's a bargain compared with most developed nations.
Australians pay 27 percent; the Japanese 28 percent; Canadians 31 percent; British 34 percent; Germans 37 percent; French 42 percent; and Swedes 46 percent. Danes lead the world at 48 percent.
Economic experts agree America holds a tremendous international advantage because it has the world's largest national economy and one of the most modest tax burdens.
06-02-2011, 01:43 PM
#122
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Originally Posted by herrjr' timestamp='1307050279' post='20643492
[quote name='mrjulius' timestamp='1307049925' post='20643471']
[quote name='herrjr' timestamp='1307049798' post='20643463']
[quote name='mrjulius' timestamp='1307049530' post='20643451']
http://www.cbsnews.com/8301-503544_1...40-503544.html
Taxes lowest since 1958.
[quote name='herrjr' timestamp='1307049798' post='20643463']
[quote name='mrjulius' timestamp='1307049530' post='20643451']
http://www.cbsnews.com/8301-503544_1...40-503544.html
Taxes lowest since 1958.
Still more than zero in 1912.
[/quote]
If we can at least get federal income taxes to a flat tax with no more deductions and loopholes for anyone or any corporation, that's a start.
[/quote]
That works for me!
See, we can agree on some things.
[/quote]
LOL, but the things that we agree upon are never the issue.
The devil is always in the details, and we would argue about what rate that flat tax should be, and what that tax money should be spent upon LOL.
06-02-2011, 01:43 PM
#123
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Originally Posted by 05TurboS2k' timestamp='1307050074' post='20643479
Yea, try convincing a bunch of bureaucrats they're not needed. Good luck with that. 
I'd agree to a point, yet still at one point these officials want their own jobs, you're asking them to put up bills to remove themselves and their power and make legislature power decrease. I don't see it happening.
06-02-2011, 01:44 PM
#124
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Originally Posted by mrjulius' timestamp='1307049925' post='20643471
[quote name='herrjr' timestamp='1307049798' post='20643463']
[quote name='mrjulius' timestamp='1307049530' post='20643451']
http://www.cbsnews.com/8301-503544_1...40-503544.html
Taxes lowest since 1958.
[quote name='mrjulius' timestamp='1307049530' post='20643451']
http://www.cbsnews.com/8301-503544_1...40-503544.html
Taxes lowest since 1958.
Still more than zero in 1912.
[/quote]
If we can at least get federal income taxes to a flat tax with no more deductions and loopholes for anyone or any corporation, that's a start.
[/quote]
Count me in.
06-02-2011, 01:45 PM
#125
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More from that report:
The United States pays 24 percent of its gross domestic product (the sum of all goods and services produced in a year) to taxes collected by all levels of government.
That's a bargain compared with most developed nations.
Australians pay 27 percent; the Japanese 28 percent; Canadians 31 percent; British 34 percent; Germans 37 percent; French 42 percent; and Swedes 46 percent. Danes lead the world at 48 percent.
Economic experts agree America holds a tremendous international advantage because it has the world's largest national economy and one of the most modest tax burdens.
The United States pays 24 percent of its gross domestic product (the sum of all goods and services produced in a year) to taxes collected by all levels of government.
That's a bargain compared with most developed nations.
Australians pay 27 percent; the Japanese 28 percent; Canadians 31 percent; British 34 percent; Germans 37 percent; French 42 percent; and Swedes 46 percent. Danes lead the world at 48 percent.
Economic experts agree America holds a tremendous international advantage because it has the world's largest national economy and one of the most modest tax burdens.
That's if you're on the low end. On the progressive scale, those at the highest spot pay 59%, and the Obama Administration would like to increase that to 62%. And don't forget the estate tax either.
06-02-2011, 01:48 PM
#126
Registered User
Originally Posted by mrjulius' timestamp='1307050476' post='20643505
[quote name='herrjr' timestamp='1307050279' post='20643492']
[quote name='mrjulius' timestamp='1307049925' post='20643471']
[quote name='herrjr' timestamp='1307049798' post='20643463']
[quote name='mrjulius' timestamp='1307049530' post='20643451']
http://www.cbsnews.com/8301-503544_1...40-503544.html
Taxes lowest since 1958.
[quote name='mrjulius' timestamp='1307049925' post='20643471']
[quote name='herrjr' timestamp='1307049798' post='20643463']
[quote name='mrjulius' timestamp='1307049530' post='20643451']
http://www.cbsnews.com/8301-503544_1...40-503544.html
Taxes lowest since 1958.
Still more than zero in 1912.
[/quote]
If we can at least get federal income taxes to a flat tax with no more deductions and loopholes for anyone or any corporation, that's a start.
[/quote]
That works for me!
See, we can agree on some things.
[/quote]
LOL, but the things that we agree upon are never the issue.
The devil is always in the details, and we would argue about what rate that flat tax should be, and what that tax money should be spent upon LOL.[/quote]
I'm voting for $0 flat tax. No federal tax at all. If there's federal programs that need money then our states can put the money up into a nationwide fund. I figure the military would be a good example as well as things like air traffic control. Still the money put up would be controlled on a state level. Problem there being some states such as N. Dakoto see perhaps less air traffic and thus want to put more money up, that's fine but mind you their expenses from the program will also need to be less of course.
06-02-2011, 01:49 PM
#127
Registered User
Originally Posted by mrjulius' timestamp='1307050563' post='20643510
More from that report:
The United States pays 24 percent of its gross domestic product (the sum of all goods and services produced in a year) to taxes collected by all levels of government.
That's a bargain compared with most developed nations.
Australians pay 27 percent; the Japanese 28 percent; Canadians 31 percent; British 34 percent; Germans 37 percent; French 42 percent; and Swedes 46 percent. Danes lead the world at 48 percent.
Economic experts agree America holds a tremendous international advantage because it has the world's largest national economy and one of the most modest tax burdens.
The United States pays 24 percent of its gross domestic product (the sum of all goods and services produced in a year) to taxes collected by all levels of government.
That's a bargain compared with most developed nations.
Australians pay 27 percent; the Japanese 28 percent; Canadians 31 percent; British 34 percent; Germans 37 percent; French 42 percent; and Swedes 46 percent. Danes lead the world at 48 percent.
Economic experts agree America holds a tremendous international advantage because it has the world's largest national economy and one of the most modest tax burdens.
That's if you're on the low end. On the progressive scale, those at the highest spot pay 59%, and the Obama Administration would like to increase that to 62%. And don't forget the estate tax either.
06-02-2011, 01:51 PM
#128
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Originally Posted by herrjr' timestamp='1307050352' post='20643496
[quote name='05TurboS2k' timestamp='1307050074' post='20643479']
Yea, try convincing a bunch of bureaucrats they're not needed. Good luck with that.
Yea, try convincing a bunch of bureaucrats they're not needed. Good luck with that.
I'd agree to a point, yet still at one point these officials want their own jobs, you're asking them to put up bills to remove themselves and their power and make legislature power decrease. I don't see it happening.
[/quote]
It would if we, the American people, held them accountable. But what we do, as a whole, is worry about other things. Like traffic. Our jobs. The NFL. People in our lives. What the hottest movie is. Get brainwashed watching the West Wing. Gas prices. Etc. We have too much going on individually, to recognize that some things that affect us INDIVIDUALLY, need COLLECTIVE action for resolution. That's the way it works in a republic. The Tea Partiers understood this, and have already made an impact upon Congress. It will continue to grow as the economy continues to sour.
06-02-2011, 01:53 PM
#129
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Originally Posted by herrjr' timestamp='1307051005' post='20643537
[quote name='mrjulius' timestamp='1307050476' post='20643505']
[quote name='herrjr' timestamp='1307050279' post='20643492']
[quote name='mrjulius' timestamp='1307049925' post='20643471']
[quote name='herrjr' timestamp='1307049798' post='20643463']
[quote name='mrjulius' timestamp='1307049530' post='20643451']
http://www.cbsnews.com/8301-503544_1...40-503544.html
Taxes lowest since 1958.
[quote name='herrjr' timestamp='1307050279' post='20643492']
[quote name='mrjulius' timestamp='1307049925' post='20643471']
[quote name='herrjr' timestamp='1307049798' post='20643463']
[quote name='mrjulius' timestamp='1307049530' post='20643451']
http://www.cbsnews.com/8301-503544_1...40-503544.html
Taxes lowest since 1958.
Still more than zero in 1912.
[/quote]
If we can at least get federal income taxes to a flat tax with no more deductions and loopholes for anyone or any corporation, that's a start.
[/quote]
That works for me!
See, we can agree on some things.
[/quote]
LOL, but the things that we agree upon are never the issue.
The devil is always in the details, and we would argue about what rate that flat tax should be, and what that tax money should be spent upon LOL.[/quote]
I'm voting for $0 flat tax. No federal tax at all. If there's federal programs that need money then our states can put the money up into a nationwide fund. I figure the military would be a good example as well as things like air traffic control. Still the money put up would be controlled on a state level. Problem there being some states such as N. Dakoto see perhaps less air traffic and thus want to put more money up, that's fine but mind you their expenses from the program will also need to be less of course.
[/quote]
Right, that's the goal. We started with zero federal income tax, which shows that we can function as a country without one. Anything that I need from the federal government they can send me a bill to pay for, just like any other utility bill.
06-02-2011, 01:56 PM
#130
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Originally Posted by mrjulius' timestamp='1307050563' post='20643510
More from that report:
The United States pays 24 percent of its gross domestic product (the sum of all goods and services produced in a year) to taxes collected by all levels of government.
That's a bargain compared with most developed nations.
Australians pay 27 percent; the Japanese 28 percent; Canadians 31 percent; British 34 percent; Germans 37 percent; French 42 percent; and Swedes 46 percent. Danes lead the world at 48 percent.
Economic experts agree America holds a tremendous international advantage because it has the world's largest national economy and one of the most modest tax burdens.
The United States pays 24 percent of its gross domestic product (the sum of all goods and services produced in a year) to taxes collected by all levels of government.
That's a bargain compared with most developed nations.
Australians pay 27 percent; the Japanese 28 percent; Canadians 31 percent; British 34 percent; Germans 37 percent; French 42 percent; and Swedes 46 percent. Danes lead the world at 48 percent.
Economic experts agree America holds a tremendous international advantage because it has the world's largest national economy and one of the most modest tax burdens.
That's if you're on the low end. On the progressive scale, those at the highest spot pay 59%, and the Obama Administration would like to increase that to 62%. And don't forget the estate tax either.
Maybe I'm misinformed but I thought it was 35%?