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Topic:
If you (legally) only pay half of what you're taxed to the government [Locked] |
theredkay1  Posts: 611
Registered: 2008-5-16 10:37:09
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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 |
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This same bad argument was made by the right wing noise machine when Warren Buffet mentioned that we could raise taxes on the extremely wealthy.
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Cawlin  Posts: 1,759
Registered: 2005-2-22 07:58:42
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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 wait, what are you guys arguing here?
Are you arguing that a person who paid taxes in accordance with the law should be paying more just because... well just because they SHOULD?
Are you arguing that the tax code is FUBAR (if so, then I will agree with you)?
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ZigmundZag Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
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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 |
paulg_68 posted:
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.
Yes, there are disagreements as to what constitutes "least possible". I chose not to examine this in my statement because it wasn't directed at one of our semantically challenged Outposters such as Koneg or yourself.
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Tych2 Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
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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 |
Cawlin posted:
Are you arguing that a person who paid taxes in accordance with the law should be paying more just because... well just because they SHOULD?
Yup. That's exactly what they are arguing. He followed the law and is vilified for it. Dumb.
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imaloon1 Posts: 674
Registered: 2003-9-15 07:19:53
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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 |
Super dumb
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The time draws nearer to your fate
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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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 |
Tych2 posted:
People pay me good money to make sure they get every penny of theirs I can get back for them. I've not had a single person say I'll just pay whatever.
That's just selection bias. Of course someone who is going to a professional tax preprarer is going to want to pay the least money possible. If they were the sort of person who wasn't like that they wouldn't come to you in the first place, would they?
On point, donating to your own church should not be a flat charitable deduction. To the extent that you are really donating to a bona fide charity operation undertaken by your church that should be a charitable deduction. Just donating to the church as a general institution should not be deductible.
That is the truly religion-neutral policy. Our current policy discriminates in favor of religious institutions.
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reesescups Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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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 |
Generally speaking, most people do not go out of their way to get out of helping the very thing they are spending their life working for and trying to improve.
Perhaps Romney has higher priorities that what his campaign self would allow him to realize...
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eodoll Posts: 1,028
Registered: 2002-2-14 12:35:42
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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 |
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How do you only legally pay half?
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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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 |
eodoll posted:
How do you only legally pay half?
I think this is about Romney paying only 7.5% in effective taxes because he donates a bunch of money to his church and other charities, which lowers his tax bill by 50%ish.
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eodoll Posts: 1,028
Registered: 2002-2-14 12:35:42
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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 |
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And he doesnt get hit by AMT? Are we sure about this 7.5%? im not worth hundreds of millions and i pretty much only have mortgage interest to deduct and im still hit with AMT.
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