Happy Income Tax Deadline Day!



  1. And on that note, a question:

    Do you believe that our system of taxation in the US is fair? Why or why not?
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  2. 20 Comments

  3. by   CHATSDALE
    u r a mean one angie to open the morning on such a note lol

    but no i don't believe that it is fair to have a differant rate of taxation for single people than for married people...
    have one rate for all simplify and make more fair
  4. by   SmilingBluEyes
    it's completely unfair for so many reasons.

    I will toss out the inheritance tax. It's a form of double taxation. People already have PAID taxes on any income or goods inherited by others. It's completely unfair to tax that money or goods AGAIN.

    I could go on and on about this. It's just one area I see is very unfair. Seems we are double taxed on a lot of things anyhow.

    And no, I don't stand to inherit a damn thing.
  5. by   UM Review RN
    Quote from CHATSDALE
    have one rate for all simplify and make more fair
    You mean like a sales tax? A flat percentage of income for everyone? But wouldn't that put H&R out of business? :chuckle
  6. by   VivaLasViejas
    I don't think the flat tax is fair. Even if it were only 5% of income, that's a heck of a lot more money (proportionately) to someone making $10,000 a year than it is to someone making $100,000 a year........a very regressive tax indeed.

    And it's not like I want to 'soak the rich'.......we aren't wealthy, but we're not hurting too badly either, and we've earned that. Most rich folks have earned theirs too, and I don't think they should be penalized for doing well in life and contributing to society by providing jobs and income for others. That said, however, there shouldn't be so many loopholes that shield the wealthy (not to mention corporations) from paying their fair share, and if Bush wants to cut taxes, I'd like to see more of the benefits go to the middle class than to those who don't need it so much. I'd also like to see Social Security taxes on ALL income, not just the first $90,000.......talk about regressive taxation! Especially since those above that level are already going to receive the highest benefits, they should pay more into it.

    But, that's just my humble opinion on this Tax Day 2005. And according to the folks who make their living figuring these things out, I've got another month or more to work just to pay those flippin' taxes........... :stone
  7. by   Tweety
    I'm inclined to disagree Marla. $500 for the person making $10,000 spread out over 12 months is not that bad, or just as bad as $5,0000 spread out over 12 months to the other person. Maybe to the ultra ultra wealthy making 100 million they might not notice it. I'd rather see equal taxation.

    I guess I'm bitter because as a single man I pay out the butt. I get bitter at my coworkers who are single mom's who get everything back and then some and wind up living in America tax free while others pay their share.

    Anyone can feel free to flame me. I mean no disrespect to anyone who needs a little help along the way.

    I just think a flat tax for all working people, with no refunds or deductions or loopholes is more fair. I do agree Marla with you that the rich shouldn't be penalized by paying more taxes. The problem is most of them have enough loopholes that they don't pay near the percentage that some of us working people do.
    Last edit by Tweety on Apr 15, '05
  8. by   Spidey's mom
    Quote from Tweety
    I'm inclined to disagree Marla. $500 for the person making $10,000 spread out over 12 months is not that bad, or just as bad as $5,0000 spread out over 12 months to the other person. Maybe to the ultra ultra wealthy making 100 million they might not notice it. I'd rather see equal taxation.

    I guess I'm bitter because as a single man I pay out the butt. I get bitter at my coworkers who are single mom's who get everything back and then some and wind up living in America tax free while others pay their share.

    Anyone can feel free to flame me. I mean no disrespect to anyone who needs a little help along the way.

    I just think a flat tax for all working people, with no refunds or deductions or loopholes is more fair. I do agree Marla with you that the rich shouldn't be penalized by paying more taxes. The problem is most of them have enough loopholes that they don't pay near the percentage that some of us working people do.
    Yep - flat tax or sales tax and do away with the tax code and all the thousands of rules and regs.

    steph
  9. by   Roy Fokker
    Compulsory taxation itself is unfair...
  10. by   Mkue
    I get bitter at my coworkers who are single mom's who get everything back and then some and wind up living in America tax free while others pay their share.
    They probably need more help b/c of deadbeat fathers. And of course the single women have backing from the feminist groups.
  11. by   Tweety
    Quote from Mkue
    They probably need more help b/c of deadbeat fathers. And of course the single women have backing from the feminist groups.

    Mkue, I'm definately sympathetic to their plight. I'm just not sure if the answer lies in them living tax free and getting big refunds. I have a coworker who is putting a down payment on a car with her refund (which was all the taxes she paid for the year and then some, so she's living tax free in USA) while my household paid nearly $16,000 in taxes last year (spouse and myself paying as single people, not including social security etc.), and look at Steph's household having to shell out $3,000.00 this week.

    That's my beef. I also have beef's with all the loopholes the rich get.


    Roy, glad to hear the Liberatarian speaking up? Elaborate if you care to.
  12. by   Spidey's mom
    Quote from Roy Fokker
    Compulsory taxation itself is unfair...

    Yessireeee . . . time to toss the tea overboard!!!

    steph
  13. by   BeachNurse
    Anyone ever heard of the national sales tax idea? To replace income taxes? I don't know much about it but sounds interesting.
  14. by   Roy Fokker
    Quote from Tweety
    Roy, glad to hear the Liberatarian speaking up? Elaborate if you care to.
    Well, in a nutshell, taxation is theft.

    But it's the fundamental disagreement with what the Government does with my money. How it wastes it and how I end up supporting needless nonsense I have no intention whatsoever of supporting.

    For example, your tax dollars go toward supporting and maintaining the military defence of countries like Japan and Germany, who in turn smack the US in International Trade! Take these guys off of your military welfare and you'd save an easy $100 Bn! And how about how taxpayer money is used to bail out airlines, railroads, banks and other industries? No one has the right to cover his losses at taxpayer expense and yet corporations want to do the same?

    There are hundreds of other examples of how government taxation is inherrently wasteful and useless. Before 1913, federal income taxes were rare and short lived. The US was quite prosperous and wealthy. The US Government didn't police the world or try to "nanny" anyone from the cradle to the grave. People took responsibility for themselves and their communities.

    And that's how things should be.

    Giving money and power to the government is like giving the car keys to a kid.

    And there are some personal reasons as well. For example - I don't like the fact that my tax dollars go towards providing a roof, a bed and three hot meals a day to serial rapists and murderers while the average Joe gets diddly-squat.

    Besides, I also like Steph's reason

    I'd like to leave you all with a quote from a person I greatly admire, from America's rich history:

    Quote from Thomas Paine
    Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one

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