Re: taxes!
Originally posted by jermsmingy
anyways, I think the rate of Federal taxes for the bracket that bill gates is in is 39% no more not more than 2% less though. figured what bill gates made this year. not how much he is worth. Figure what he makes and take 39% of that and you have what he paid in federal taxes, but don't forget that he has state taxes, sales tax, and property taxes.
I find it interesting how many of you say that you are liberal but hate big government and taxes. I do not know of any liberal that has voted for a tax cut. I know of democrats, but I do not know of any liberal that has supported a tax cut. That does not mean that I could not be wrong.
Anyway, I want taxes on income to be made unconstitutonal and there be a consumption tax. That way people pay their fair share. If you buy 10 2,00dollar macs you pay more in taxes than the one who buys 1 2,000 dollar mac.
No offense meant by the following, and I'm not trying to start a fight, but you have absolutely no clue how the taxation system works in this country. A consumption tax is not a fair system by itself. The federal tax rates are progressive for that very reason. They help to flatten out the regressive tax systems that states impose.
If you are genuinely interested in a "fair" system, you need to really spend a lot of time actually reading the various tax codes, and should spend some time on the working end of it before you either pass judgment on the current system or suggest we change it to something else.
I'm not defending the tax system because that's what I do, in fact, I am a big advocate of changing it, but you must understand it if you really want to make changes that are helpful rather than damaging.
As for liberal versus conservative and taxes, it is a specious argument to say that liberals always vote for tax increases and conservatives always vote against them. If that were true, you could thank liberals for every service you make use of (roads, interstates, housing, food stamps, welfare, military, etc...) and must blame the conservatives for everything wrong with the country that the government could, but does not fix.
Of course, that is not the case. The difference between liberals and conservatives is ONLY their priorties when it comes to what they want to spend money on, and how much.
One other thing, Hindu's are accepting of other religions and typically adopt and incorporate those other religions into their beliefs. I am a Christian who accepts other religions, and I refuse to impose my beliefs on any other person, and as a militant hindu, I believe that anyone who attempts to impose their religion on another, or their moral views on another, or in any way attacks anothers religion or moral views should be taken out and publicly spanked. (or worse)
Finally, macs rule.