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Topic:
If you (legally) only pay half of what you're taxed to the government [Locked] |
paulg_68  Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
ZigmundZag posted:
there's a fairly popular consensus among Americans that it should use the least amount of money possible to do so.
Sadly that belief is nowhere near a consensus.
Outposters argue every day for government spending that provides minimal if any value.
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Scarne Title: Capo di Scientifico
Posts: 1,087
Registered: 2001-7-23 15:24:34
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
ZigmundZag posted:
That's a fairly nonsensical argument. Maybe he should have worked for Bain for free, too, if he cared enough for the business.
I think part of the perception issue is that it isn't fair that due to the nature of the business he is in, what "regular" people have to take their salary as income, he was able to have most of his salary come in the form of capital gains instead. So he got to be taxed at a much lower rate than almost everyone else outside of the financial industry. He could have just as easily been paid straight salary plus commissions and bonuses and gotten taxed at the same rates as everyone else. 
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paulg_68 Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
So then you blame Romney because someone else wrote the tax laws stupidly?
Why not look up who sponsored the bill that became the tax law and blame that guy?
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If you wish to make an apple pie from scratch...
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"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1 |
Friarspam  Posts: 638
Registered: 2007-1-23 07:01:27
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
Ptilk posted:
There is absolutely no reason for churches to have tax free status, or for donations to them to be tax deductible.
Maybe they don't need to collect for the poor or run a soup kitchen or a homeless shelter.
I'm SURE the wonderful DC crowd could cover all the charity that churches across the nation provide.
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NuEM Posts: 1,007
Registered: 2004-3-2 09:08:11
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
Scarne posted:
Tych2 posted:
I don't know a single person that doesn't try and pay the lowest amount legally possible. If you say otherwise you are a lair.
I don't.
Neither do I. I gladly pay taxes to make my place better. I don't look down on those who min-max. I just have a different outlook.
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Testerion Posts: 549
Registered: 2001-12-28 03:07:47
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
Altra_Shadowstalker posted:
Should you run for president? I'm not talking eligibility, I'm just thinking it's a bit disingenuous to squirm out of your obligations to a entity you want to lead. Further, it seems even more disingenuous to fulfill one obligation to one entity at the expense of another.
Mormons should demand 10% after taxes, imo!
I'm going to form a religion that doesn't believe in taxes! 
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Taliesihne Title: Wind on the Deep Waters
Posts: 1,117
Registered: 2004-2-19 04:47:59
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
Testerion posted:
I'm going to form a religion that doesn't believe in taxes!
That's all of them. Churches don't pay taxes in the US.
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Bonzoboy1 Posts: 885
Registered: 2008-8-1 18:04:29
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
Romney pays what anyone smart enough to invest their money pays, I don't see the big deal.
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NuEM Posts: 1,007
Registered: 2004-3-2 09:08:11
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
Taliesihne posted:
Testerion posted:
I'm going to form a religion that doesn't believe in taxes!
That's all of them. Churches don't pay taxes in the US.
Do it in Germany and chances are the government will pay you with taxes.
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Bobvillas Posts: 643
Registered: 2008-11-19 12:56:18
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Date Posted:
1/1/00 12:00am
Subject:
If you (legally) only pay half of what you're taxed to the government |
Scarne posted:
ZigmundZag posted:
That's a fairly nonsensical argument. Maybe he should have worked for Bain for free, too, if he cared enough for the business.
I think part of the perception issue is that it isn't fair that due to the nature of the business he is in, what "regular" people have to take their salary as income, he was able to have most of his salary come in the form of capital gains instead. So he got to be taxed at a much lower rate than almost everyone else outside of the financial industry. He could have just as easily been paid straight salary plus commissions and bonuses and gotten taxed at the same rates as everyone else.
Someone using the law as it is intended is not someone I will begrudge.
"Fairness" is not written into every policy.
The best we can hope for is that they write laws that are accessible to most people to increase their station.
The law itself may need to be re-examined, but the people (I use this term generally) using said law should not be condemned for it.
Those using the "revolving door" in politics are in a different vein and should be suspect however.
http://www.opensecrets.org/revolving/index.php
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