VaultNetwork.netVault Network Boards
Author Topic: Comprehensive Tax Reform [Locked]
Fist_de_Yuma  3 stars
Posts: 571
Registered: 2001-12-20 21:17:22
Sin_of_Onin posted:

So apparently the Obama administration is pushing for “comprehensive” tax reform which is meant to address both the corporate tax and the income tax. The problem is they really only proposed an income tax plan and not a corp tax one.

A rather absurd stance IMO but the goal is definitely a good one. The biggest hurdle to it seems to be Republicans balking at the income tax changes and Democrats balking at the corp tax changes. It is a very important issue IMO and if Obama is a one term President and can walk out with Obamacare and comprehensive tax reform he will go down as a relatively active one term President.



You honestly believe that after all this time Obama is really interested in tax reform? As the man said, "There is a sucker born every minute."

 

-----signature-----
There are three kind of liberals;
Stupid, ignorant or evil
The result is always evil but the intent is not always evil. Not that it makes much difference in the long run.
No one here is exactly as they seem. - G'Kar
Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
A legitimate question because I see different numbers being presented - which percentage of the American population pays or is eligible to pay federal taxes?

 

-----signature-----
"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
99.5% if you include all federal taxes. Number was made up but you get the point. Almost everyone pays either or both of gas tax or payroll tax.


If you mean how many people pay net taxes after what they get back through the tax code, I dunno. The 53% number is obviously wrong because it doesn't figure in payroll tax. I would guess somewhere around 70% but I don't really know.
Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
I don't really know either, Yuki. I have conflicting data on something that I would think could be calculated within acceptable - or +, with some degree of accuracy.

 

-----signature-----
"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
Abaddon_Ambrosius posted:

Sorry, didn't mean to break up your weekly meeting of the circle jerk club.



Yeah corp tax reform is totally a liberal circle jerk issue.


You are a clown.

 

-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
Fist_de_Yuma posted:

You honestly believe that after all this time Obama is really interested in tax reform? As the man said, "There is a sucker born every minute."



He is interested in raising taxes on the rich and that means changing corp taxes. He also wants to change the basis in which corp taxes are calculated in order to help the labor market compete globally.

 

-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
Corporate tax reform in a vacuum while continuing to pile on debt is a pointless, deceptive circle jerk.

Carry on.

 

-----signature-----
In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
Abaddon_Ambrosius posted:

Corporate tax reform in a vacuum while continuing to pile on debt is a pointless, deceptive circle jerk.


Carry on.



 

-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
Abaddon_Ambrosius posted:

I am a clown who likes circle jerks. You can find some of my work in the clown porn thread.


Carry on.
Modeeb  4 stars
Title: A Ghost In The Machine
Posts: 1,258
Registered: 2002-4-19 10:48:36
I picture Rosa, like Erin Burnett on CNN

 

-----signature-----
"What is here is there. What is not here is nowhere." Vishvasara Tantra
"Ever tried, Ever Failed. No matter. Try Again.
Fail Again. Fail Better. Samuel Beckett

VaultNetwork.net is an independently operated community forum and is not affiliated with, endorsed by, or technically based on IGN, GameSpy, FilePlanet, GameStats, or the former IGN/GameSpy Vault Network.
References to VaultNetwork.net mean this site/domain. VNBoards-style presentation is a visual homage only. By using this site, you agree to the forum rules.