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Post by marcus on Sept 7, 2010 16:22:38 GMT -5
Id make a complete across the board cut of 8 percent on every single thing the Gov controls,military on down.
Id have one tax rate for all Americans no matter how much or how little they make.
No property tax period, its yours and you should not have to pay rent on it!(Tax)
No more IRS cut all of those jobs.No deductions for kids,house or whatever else.
Id make gov jobs go 30 years and out not 20.After 30 when they retire they would not get equal to full pay in retirement.(No body else does)
Gov jobs would pay equal to private jobs no more average 40K for private and 70K for gov.
These things would save us Trillions of dollars and let us keep so much more in our pockets.
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Post by bo862 on Sept 8, 2010 7:18:23 GMT -5
"Id have one tax rate for all Americans no matter how much or how little they make."
What percent would everyone pay?
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Post by jobs1stb4polarbear on Sept 8, 2010 7:25:29 GMT -5
0%
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Post by marcus on Sept 8, 2010 17:22:47 GMT -5
Id make it 15 percent.
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Post by bo862 on Sept 8, 2010 21:05:24 GMT -5
Sounds great. You have my vote. Just a suggestion, revise your estimate of saving trillions of dollars. If you lower taxes of everyone making over 30k your estimate of trillions Will be cut by at least half. I would hate for everyone to accuse you of using "Obama math" before you are even elected.  |
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Post by marcus on Sept 9, 2010 2:42:23 GMT -5
LOL
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Post by ktpelec on Sept 9, 2010 6:03:51 GMT -5
With the U.S. Government being the largest empoyer this would only add to the unemployment problem.
Property Tax is a State issue, not Federal.
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Post by marcus on Sept 9, 2010 20:45:58 GMT -5
Thats the problem gov is to big and should not be the largest emplorer.I didnt say Property tax was fed I just said it should be gone.
To get us out of the depression of 1920 Harding cut the government's budget nearly in half between 1920 and 1922.Cut gov jobs, Tax rates were slashed for all income groups. The national debt was reduced by one-third.
This gave us the roaring 20s
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Post by kessinger on Sept 11, 2010 19:52:33 GMT -5
Id make a complete across the board cut of 8 percent on every single thing the Gov controls,military on down. Id have one tax rate for all Americans no matter how much or how little they make. No property tax period, its yours and you should not have to pay rent on it!(Tax) No more IRS cut all of those jobs.No deductions for kids,house or whatever else. Id make gov jobs go 30 years and out not 20.After 30 when they retire they would not get equal to full pay in retirement.(No body else does) Gov jobs would pay equal to private jobs no more average 40K for private and 70K for gov. These things would save us Trillions of dollars and let us keep so much more in our pockets. 8% cut im down with Flat tax rate, well gotta include capital gains in that so the Forbes family doesn't go without paying taxes. Also I would have a cap. Once you hit 100 million dollars you get taxed at 90%. Without something like that you will never control these crazy CEO pay packages. I agree with property taxes. My dads farm has been in family since before KY was a state. Yet he has to pay KY to own it. Seems odd. You need some IRS or no one would pay. Agree with 30 and out for gov jobs. But i think the only ones that get that are military folks. And I am ok with them getting 20 and out. I would rather bring other Americans pay up than drag some workers down. I say tax the CEO's at a higher rate to pay for the government workers. If anyone in America is making too much money its not the lady working at the DMV now is it? |
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Post by marcus on Sept 11, 2010 22:21:37 GMT -5
Military Im good with 20 and out also.Im not for taxing anyone 90 percent of anything.
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Post by kessinger on Sept 12, 2010 9:10:18 GMT -5
Well when we had these tax rates almost no one paid them. If you were a millionare under our pretend tax bracket and you maid 99 mil. you just wouldn't give yourself a raise. Since giving yoruself another million would actually result in you making less in your take home pay. So it acts as a cap to CEO pay without actually enacting a cap. You can pay yourself what you want, your just gonna have to pay taxes on it.
As we have discussed before CEO pay for non-founders are insane. There is no way you actually "earn" some of those salaries. There is no other way to correct their pay in America except through the tax code. If you think CEO's earn too much then you have to favor a progressive tax code. Or tell me how else you fix it.
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Post by ktpelec on Sept 12, 2010 16:46:55 GMT -5
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Post by marcus on Sept 12, 2010 17:32:43 GMT -5
To me Bill gates has more than earned the money he makes.He should be able to keep the same percentage of his pay as we do.
Im told that I make to much money doing what I do,I guess I do because someone out there will do my job for half my pay.
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Post by jobs1stb4polarbear on Sept 12, 2010 18:39:02 GMT -5
I have to be quick....
It’s easy to call someone else’s pursuit of self-interest greed (of course....... we are never greedy pursuing our own interests), but that doesn’t provide a useful distinction in the context of compensation. Every one of us gets what we think we can when we are selling something important, whether it is our house, our car or our labor. CEOs happen to have a rare and valuable talent, and companies are bidding for it.
In negotiating their pay, CEOs are not just exercising their own greed; they are playing on the greed of the owners (or shareholders like ourselves.....) to use them to get the highest returns possible.
....as I have said before, "Greed" is what drives us.......... "America, its fantastic......"
......I'll be happy to add more later on the subject, but I'am short on time and I have to go and make money.....
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