What Should the Income Tax Code Look Like?

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Depleted

Guest
#2
President Trump wants to rewrite the tax code. What will the president get? I tend to agree with Rick Newman.

Tax cuts President Trump might actually get

What would you like to see in the tax code?
I have never understood why you get your news from Yahoo. (You do strike me as an intelligent man, too.) I would more trust the street huckster in front of a Dollar Store selling Rolex watches for five bucks, than trust Yahoo.

Here's a better article from a more reliable source:
[h=1]Tax Cuts: What Could Be Salvaged From President Trump's Promises?[/h]

As for what I'd like to see? 9% flat tax.

I'd also like to see a multi-million dollar winning lottery ticket blow in my hand, a true revival that sweeps the whole earth, the downfall of communism, socialism, and dictatorships, and a choice between Brandywines or Cherokee Purples as the obvious tasty tomatoes we can buy in grocery stores year round.


 

notuptome

Senior Member
May 17, 2013
15,050
2,538
113
#3
Tax politicians not working folks.

For the cause of Christ
Roger
 
Feb 7, 2015
22,418
413
0
#4
I have never understood why you get your news from Yahoo. (You do strike me as an intelligent man, too.) I would more trust the street huckster in front of a Dollar Store selling Rolex watches for five bucks, than trust Yahoo.

Here's a better article from a more reliable source:
[h=1]Tax Cuts: What Could Be Salvaged From President Trump's Promises?[/h]

As for what I'd like to see? 9% flat tax.

I'd also like to see a multi-million dollar winning lottery ticket blow in my hand, a true revival that sweeps the whole earth, the downfall of communism, socialism, and dictatorships, and a choice between Brandywines or Cherokee Purples as the obvious tasty tomatoes we can buy in grocery stores year round.


Keep hoping. My best friend truly did find a million dollar winning ticket while sweeping the parking lot of his paint store.
 

Huckleberry

Senior Member
Aug 25, 2013
1,698
96
48
#5
Tax code isn't the problem.
Welfare is the problem.
Yes, give it to those who can't work.
Everybody else, get your lazy butts out of bed and get to work!
Relieve taxpayers from the welfare burden, and taxes would be lower by default.
 

Billyd

Senior Member
May 8, 2014
5,034
1,473
113
#6
I have never understood why you get your news from Yahoo. (You do strike me as an intelligent man, too.) I would more trust the street huckster in front of a Dollar Store selling Rolex watches for five bucks, than trust Yahoo.

Here's a better article from a more reliable source:
Tax Cuts: What Could Be Salvaged From President Trump's Promises?



As for what I'd like to see? 9% flat tax.

I'd also like to see a multi-million dollar winning lottery ticket blow in my hand, a true revival that sweeps the whole earth, the downfall of communism, socialism, and dictatorships, and a choice between Brandywines or Cherokee Purples as the obvious tasty tomatoes we can buy in grocery stores year round.


I like alternative sources. lol.

Actually I've used Yahoo as a home page since the days of the dos internet. Old habits are hard to break.

I don't think that Dr Laffer's 15% corporate rate will pass. I believe somewhere in the range of 20-25% is possible.

A 9% flat tax will not provide enough resources to keep the government running. I think that we would need a rate of at least 17%.

IMHO, a flat tax is DOA.
 
D

Depleted

Guest
#7
Tax code isn't the problem.
Welfare is the problem.
Yes, give it to those who can't work.
Everybody else, get your lazy butts out of bed and get to work!
Relieve taxpayers from the welfare burden, and taxes would be lower by default.
We needed Welfare in the early part of this century, after the Welfare-to-Work measures were included. We couldn't even go on, unless we had plans to get off. And we did. The plan was for hubby to be approved for Disability. But, if he wasn't trying, (and he was so sick then. The reason we needed it in the first place), they wouldn't even give us Welfare.

It's close to 20 years since Welfare-to-Work became the rule. Isn't it time to catch up on facts? It seems like the conservatives never gave up the "lazy butts" chant.

How is this any different than the liberals chanting untruths too?
 
D

Depleted

Guest
#8
I like alternative sources. lol.

Actually I've used Yahoo as a home page since the days of the dos internet. Old habits are hard to break.

I don't think that Dr Laffer's 15% corporate rate will pass. I believe somewhere in the range of 20-25% is possible.

A 9% flat tax will not provide enough resources to keep the government running. I think that we would need a rate of at least 17%.

IMHO, a flat tax is DOA.
I used to have a Yahoo homepage too. (I joined right after I gave up AOL, so not quite as long as you've used it. lol) Between them choosing Katie Couric to lead their "news" department, and demanding I give them a cell phone number to keep my e-mail address, (I've got a cellphone, and have used it about 12 times in the last 7 years. Five of those times was to find out what time it was, so I have no idea what the number is lol), I gave up on Yahoo.

I remember when Phil Gramm ran on 8% flat tax, so I gave it a raise for inflation. Yeah, I know it won't pass, but it could get closer to that if Congress had the gumption for line-by-line vetoes.

And, truthfully, I don't think Trump will get any major bills passed. He lame-ducked healthcare, so no one considers him a leader with Congress anymore. And since both parties went to splinter groups, it's also a lame-duck legislation body too.

I do with Trump what I did with Obama -- just wait around until his time is over. But now, knowing the Republicans are no better than the Democrats, I know to ignore it as much as possible, because I'll be dead before the next useful President is old enough to become President. We fell off that slippery slope a while ago. We're just free falling now. The only way that changes is God, and history suggests he's the one to cause this.

At this point, it would be nice if we could just put the budget on auto-pilot and then fire the politicians.
 

Billyd

Senior Member
May 8, 2014
5,034
1,473
113
#9
I used to have a Yahoo homepage too. (I joined right after I gave up AOL, so not quite as long as you've used it. lol) Between them choosing Katie Couric to lead their "news" department, and demanding I give them a cell phone number to keep my e-mail address, (I've got a cellphone, and have used it about 12 times in the last 7 years. Five of those times was to find out what time it was, so I have no idea what the number is lol), I gave up on Yahoo.

I remember when Phil Gramm ran on 8% flat tax, so I gave it a raise for inflation. Yeah, I know it won't pass, but it could get closer to that if Congress had the gumption for line-by-line vetoes.

And, truthfully, I don't think Trump will get any major bills passed. He lame-ducked healthcare, so no one considers him a leader with Congress anymore. And since both parties went to splinter groups, it's also a lame-duck legislation body too.

I do with Trump what I did with Obama -- just wait around until his time is over. But now, knowing the Republicans are no better than the Democrats, I know to ignore it as much as possible, because I'll be dead before the next useful President is old enough to become President. We fell off that slippery slope a while ago. We're just free falling now. The only way that changes is God, and history suggests he's the one to cause this.

At this point, it would be nice if we could just put the budget on auto-pilot and then fire the politicians.
Amen.............