Taxes suck.
- Thread starter Beantown
- Start date
That is because it pays for roads, schools, infrastructure, the military, health care subsidies, help for the destitute and homeless, agriculture, scientific research...
Taxes are a good thing and I am glad to pay them. I may have a problem with some of the things they spend them, I think they are very wasteful, but I am ok with the amount of taxes I pay.
Taxes are a good thing and I am glad to pay them. I may have a problem with some of the things they spend them, I think they are very wasteful, but I am ok with the amount of taxes I pay.
I don't want to pay for that! I don't use any of that!
WAH WAH WAH STOP TAKING MY STUFF WAH
RandyForRubio
Well-Known Member
Are you really ok with it?
In montana our income tax is ~ 11%. Add in property, federal, state, etc and my dad is paying ~45-50% in taxes. Seems rather excessive to me. Although I will add that it does cause him to spend more on things that are deductible.
Exactly what taxes are you talking about?
I would say that the ones that really piss me off are all the taxes and fees on utilities
I think our cell phone bill is about 25% taxes and fees
I may have to post this in the Pet Peeves topic too!
I think our cell phone bill is about 25% taxes and fees
I may have to post this in the Pet Peeves topic too!
bjwsan
Well-Known Member
Coincidental post? Just read yesterday US Fed tax revenue at all time high, yet we still added half a trillion to deficit.
https://www.cnsnews.com/news/articl...-taxes-set-record-through-august-19346-worker
I'm OK with paying taxes, and living in Germany, the federal taxes are higher than in US... and add VAT 19% to that, and higher still.
But I'm not OK with US Fed Gov thinking they can control and fund everything, at an amazingly inefficient and bloated rate.
Not only sucking up needed capital, but constantly crippling the 'invisible hand', benefiting the few in office as opposed to the populous...
Farmers should realize the benefit of taxes. Y'all rival the military industrial complex in benefit from taxes. Everything from co-oping the environmental movement to get ethanol going (lol that's such a funny *** ironic joke) to food stamps (more irony) to everything else you can explain more than I can.
Farmers are rich as **** these days. There's a reason: Government.
I did a back of the envelope calculation yesterday and figured my annual taxes well in excess of 30 grand. That seems like utter ****e. But then life went on and I made my decisions based on that environment and everything seemed to work out just fine. Lower them and prices will adjust and we will be right back at square one.
I would hate to see Mrs Peek's axe bill and try having the same attitude.
I would hate to see Mrs Peek's axe bill and try having the same attitude.
NAOS
Well-Known Member
there's also plenty of protectionism as far as agricultural commodities are concerned.
RandyForRubio
Well-Known Member
And I would love it if the government got out of agriculture. What they're doing is just boosting up the guys who would otherwise go broke. I'd rather they go broke and I buy their land. Farmers are doing well, but I wouldn't say the sole reason is government. Corn prices are rather poor right now if you hadn't noticed, and wheat follows corn. Beef is quite high, but the cattle industry doesn't work with the government much.
ONLY $30,000??? Wow. Do you own property?
That seems pretty low if it includes state & federal income taxes plus real estate taxes!
Isn't that sort of what Reagan and David Stockman tried? Cut the federal tax rates and wait for the rising tide to lift all boats?
It lifted 'em all right, if by "boat" you mean overall tax burden!!! No overall benefit whatsoever for average folk. Probably not even for the 1% when all is said and done.
Maybe for the top .01% though!!!
Not yet, but soon. I'm a standarder for now. My goal is to retire at 51 and purchase an rv slash cabin rental park and become Moe like you
Boats drift with the tide. Our job is to control the tide, not to try puncturing its lungs with arrows.
jimmy eat jazz
Well-Known Member
I'm pretty certain that the Republican Party understands this well, given that its policy prescription for every economic ill is more tax cuts.
But the relationship between tax rates and economic growth is not linear or clear cut. Eg., tax rates were higher in the 90s, but so were economic growth rates. Clearly other things matter too. That and at some level, the government needs revenues to pay for government services, including the hundreds of billions of dollars we spend on the military and other programs, like roads, healthcare, etc.
jimmy eat jazz
Well-Known Member
Stockman now pretty well disowns trickle down economics he helped to champion under Reagan.
Even back in the day, he said that Reagan's tax policy was a 'Trojan horse' to lower marginal tax rates--eg., rates on the rich benefactors/donors.
jimmy eat jazz
Well-Known Member
Since you like taxes so much, how about contributing to a Jazzfanz participation tax? Just PM me your address and I'll send you the the bill.
I feel taxed just reading your posts. Is that not enough?
jimmy eat jazz
Well-Known Member
Well, that is then a purely voluntary tax you're paying. How smart is that?