| Author |
Topic:
Comprehensive Tax Reform [Locked] |
Abaddon_Ambrosius  Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
You are all now just getting your feel-good preschool participation medals by debating that which has no meaning.
When Simpson-Bowles and cut-cap-and-balance were handily defeated by statist interests controlling this country, it rendered everything else a sideshow.
I think it's cute that you enjoy participating in that adorable farce...
...but I'll pass.
-----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
|
Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
|
If you're passing could you go smear feces in some other thread instead?
|
AzureTyger  Title: Awesome
Posts: 462
Registered: 2002-4-1 15:49:04
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
Abaddon_Ambrosius, MBA posted:
Corporate tax reform in a vacuum while continuing to pile on debt is a pointless, deceptive circle jerk.
Carry on.
-----signature-----
Using the mirror of ridicule to force conservatives to
confront their own stupidity.
|
Rosaria Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
Since we don't have numbers yet at least in this thread, what are the stated goals?
- more competative?
- more fair?
- more in payments?
- maybe changes in how small businesses structure their federal taxes?
What are the stated goals for Obama's tax reform?
-----signature-----
"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
|
Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
|
Usually when people say tax reform they mean eliminating deductions and other distortions. I suspect Obama would like to eliminate a bunch of deductions that mainly favor rich people in order to both increase revenues from rich people and make filing easier.
|
reesescups Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
9 9 9
Nein Nein Nein
-----signature-----
"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
|
Abaddon_Ambrosius Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
Rosaria posted:
What are the stated goals for Obama's tax reform?
Re-election.
-----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 Posts: 1,307
Registered: 2005-6-29 08:21:12
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
Rosaria posted:
Since we don't have numbers yet at least in this thread, what are the stated goals?
- more competative?
- more fair?
- more in payments?
- maybe changes in how small businesses structure their federal taxes?
What are the stated goals for Obama's tax reform?
The general outline for the income portion of the reforms were in his budget proposal. The corp side was even more vague but the administration has been trying to sell the income tax side (which includes a massive increase in the taxation of capital gains) as part of a corp tax restructuring. One of the big topics that come up when talking about taxing dividends and capital gains in general is the idea that the gains were already taxed at the corp level. Because Obama is once again pushing Congress to make up their own minds he is not really leading on the issue. You can love or hate that approach I don't really care but that seems to be what he is doing here again.
There will always be talk of simplicity and fairness but I think the heart of the debate will actually be global competition. The dividend debate will get some press but hopefully they really look at our corporate tax structure in the context of global corp taxes. I don't think either side will shed the large number of credits that undermine the system but we will see.
How small businesses fit in with these reforms will be interesting to see but I tend to doubt that any large change will be made even if it has become more necessary. The Republicans will mention small businesses a bazillion times as they work really hard to protect the massively wealthy.
-----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!
|
Rosaria Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
Abaddon_Ambrosius posted:
Rosaria posted:
What are the stated goals for Obama's tax reform?
Re-election.
Well DUH!!
-----signature-----
"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
|
Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
|
Date Posted:
1/1/00 12:00am
Subject:
Comprehensive Tax Reform |
I think if this was a real political winner he would have come out with a corp plan. I think the capital gains change is a political winner and that is what he came out with.
-----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!
|
|
