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Topic:
Should income-tax be abolished?
stevo
Registered:
Aug '01
Date Posted:
9/5/02 4:26pm
Subject:
Should income-tax be abolished?
I defintely think it should. Income tax started out as .5% in the 20's and the government promised that it would never go above 2% . . . it is now over 30. I do not care how much the U.S. needs that money-- the means of getting money through how much or little someone makes on how hard they work is something that I would never suppot.
Please forgive me for not being well-informed on this subject, I am going to go read up on it right now.
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Red-Seven
Title:
Manager Emeritus
Registered:
Oct '99
Date Posted:
9/5/02 4:45pm
Subject:
RE: Should income-tax be abolished?
What are the alternatives you would support?
A National Value-Added Tax (Sales Tax)?
(Much) Heavier Corporate Taxes?
(Astronomical) Tarriffs?
Complete Abolition of 85% of all Federal programs, including Defense and all Social programs?
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stevo
Registered:
Aug '01
Date Posted:
9/5/02 4:53pm
Subject:
RE: Should income-tax be abolished?
-
Date Edited:
9/5/02 4:56pm
(1 edits total)
Edited By:
stevo
Complete Abolition of 85% of all Federal programs, including Defense and all Social programs?
I want to destroy the social programs and abolish forgein-aid. Will it happen? No, but that is what I believe is necessary and just.
EDIT: Defense and education are imperative, but forgein aid and social programs are not. We need the Justice system, but it doesn't use its funds effectively.
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The reasonable man adapts himself to the world: the unreasonable man perisists in trying to adapt the world to himself. Thus all prgress depends on the unreasonable man.
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Red-Seven
Title:
Manager Emeritus
Registered:
Oct '99
Date Posted:
9/5/02 5:00pm
Subject:
RE: Should income-tax be abolished?
First, Foreign aid is such a pathetically small part of the US budget that I am embarressed you list it along with Defense and Social Programs in scale.
Second, funding for Defense would have to be slashed dramatically if there was no income tax and no other tax replacing the lost revenue.
Third, I am quite sure you have no idea what you are talking about when you say you'd like to abolish *all* social programs.
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"All Shall Love Me And Despair!!"
- North Korea tells you: "Dood u r teh suq. I will r0xxorz u"
"Error of opinion maybe tolerated where reason is left free to combat it." Thomas Jefferson
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Rikalonius
Registered:
Jul '01
Date Posted:
9/5/02 5:39pm
Subject:
RE: Should income-tax be abolished?
Defense is provided for in the constitution, welfar and a state (by state I mean the federal government) run government school.
I know it is inconcievable to ever get rid of it, but it should be reduced, and should be flattened. It was started in the early 1900's as a means to pay for WWI, and it was promised to be repealed.
I would rather at this moment to get rid of Captital gains tax, inheritance tax, and marriage tax.
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Rebecca191
Registered:
Nov '99
Date Posted:
9/5/02 5:46pm
Subject:
RE: Should income-tax be abolished?
-
Date Edited:
9/5/02 5:46pm
(1 edits total)
Edited By:
Rebecca191
I don't think it should be eliminated, but it should definitley be lowered. I also don't think the government should be allowed to collect income tax from people under 18, beacuse they cannot vote, and therefore it is taxation without representation.
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stevo
Registered:
Aug '01
Date Posted:
9/5/02 5:53pm
Subject:
RE: Should income-tax be abolished?
Red-Seven: I do understand how little of a percentage that forgein-aid takes up, and I probably shouldn't have put that in-- a little too much of my opnion.
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Rikalonius
Registered:
Jul '01
Date Posted:
9/5/02 6:13pm
Subject:
RE: Should income-tax be abolished?
I also don't think the government should be allowed to collect income tax from people under 18, beacuse they cannot vote
Rebeca, I think that is a great idea as well. I would go a step further and say that you shouldn't be allowed to vote UNLESS you are paying income tax. Why should you vote on how tax payer dollars are spent if you are not fiscially viable to it.
And before someone suggests it, no I don't think if your super rich you should get more votes.
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The above post most likely contains glaring spelling errors. Get over it, constant spell checking effects my creative thought.
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stevo
Registered:
Aug '01
Date Posted:
9/5/02 6:24pm
Subject:
RE: Should income-tax be abolished?
-
Date Edited:
9/5/02 6:32pm
(1 edits total)
Edited By:
stevo
EDIT: Oops, I read your post earlier Bec-- but somewhere along the way it got twisted in my head. And in that case, I do agree with you.
And I, too, also have a major dislike of inheritance tax-- what is it? Almost 50% I think.
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The reasonable man adapts himself to the world: the unreasonable man perisists in trying to adapt the world to himself. Thus all prgress depends on the unreasonable man.
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Rebecca191
Registered:
Nov '99
Date Posted:
9/5/02 6:27pm
Subject:
RE: Should income-tax be abolished?
-
Date Edited:
9/5/02 6:37pm
(2 edits total)
Edited By:
Rebecca191
I never said I wanted the voting age changed. It should stay at 18. The government just shouldn't be allowed to collect taxes from minors. They can't vote. Therefore, it is taxation without representation.
Edit: Ok, you got it now. And yeah, I also think inheiritance tax is wrong at such an excessive amount.
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Fire_Ice_Death
Registered:
Feb '01
Date Posted:
9/5/02 6:46pm
Subject:
RE: Should income-tax be abolished?
-
Date Edited:
9/5/02 6:47pm
(1 edits total)
Edited By:
Fire_Ice_Death
I don't pay income taxes. If I did, they'd get very little. Our system for taxation is really stupid. We don't pay taxes. We
give
them our money, which they call being taxed.
Isn't there something wrong with that? That the government can take money from you without you giving them your consent?
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Maveric
Registered:
Oct '99
Date Posted:
9/5/02 7:48pm
Subject:
RE: Should income-tax be abolished?
You give them consent. You use their roads, you use their water that they pipe to your house, the electricity that comes on when you turn on a switch, and eat the food that they insist meets "Pure" standards. If you did not want to give them your consent, you have the opportunity to leave.
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Aurra_Sting
Registered:
Jun '02
Date Posted:
9/5/02 7:51pm
Subject:
RE: Should income-tax be abolished?
I've always thought we should get rid of income tax and make sales tax much higher. Then you are, in a way, giving your consent as to how much they take from you.
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Uruk-hai
Registered:
Oct '00
Date Posted:
9/5/02 8:05pm
Subject:
RE: Should income-tax be abolished?
What the government does provide for your taxes are schools, hospitals, roads, sporting facilities, parks, litter removal, social benefits, police services, ambulance services, fire brigades, community welfare services, courts, laws and regulation, defence forces, international policy, agriculture benefits, research and development.....the list goes on and on.
If you don't want to pay tax, don't use any of these services. Buy an island somewhere and live in a grass hut with no essential services.
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DarthLothi
Registered:
Sep '01
Date Posted:
9/6/02 5:40am
Subject:
RE: Should income-tax be abolished?
I don't think it should be abolished, but I do think it needs to be flattened. 15% maybe. And eliminate the capital gains and inheritance taxes, as well as the marriage penalty.
What really rankles me about the capital gains tax is that if you're investing on your own outside of a 401(k), you're essentially getting taxed twice on the same money. You get taxed on it when you earn it (as income tax), then again when you put it to work for you. And if you've hung on to your investments during the recent market drops, you'll pay capital gains taxes on those investments
again
when the market starts to go back up. The government screws you coming and going.
And don't get me started on taxing imputed income...
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Wylding
Registered:
Aug '00
Date Posted:
9/6/02 5:42am
Subject:
RE: Should income-tax be abolished?
I defintely think it should. Income tax started out as .5% in the 20's and the government promised that it would never go above 2% . . . it is now over 30.
Promises promises.
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