Tax - not so bad

Of course I'm alluding to the fact that Democrats could support a 35% flat tax with a 30k deduction, but they don't because they want to use the current system to implement class warfare.

Right. Inheritance tax is, in fact, a death tax. It's a tax on the dead, not on the living. The estate pays the tax, not the recipient.

When someone dies, government must also kill any corporations he owned and fire all employees of said corporations, too.

lol. A 35% flat tax, even with a deduction, IS class warfare - against everyone who isn't destitute or rich as Croesus.

"We could be just regular filthy rich not offshoring and doing business solely from the US, but not filthy stinking mega wild beyond the dreams of avarice rich. Stop your class warfare against us!"

You're paying more than that now, except that congress gets the power to decide who (doesn't) pays it.

It's more like "do we survive, or not".

Donald Trump wants to impose a 45% tariff on Chinese imports, but conservatives say that's crazy talk.

How did you miss the 30k personal deduction? That's 17.5% if you earn

It would just take away your ability to say, "I'm raising his taxes but not your's", because you should never be in a position to say that, and that is how you actually practice class warfare all the time.

It's puzzling how you can be good at math and not understand such a simple equation. Subtract a large deductible, because the cost of living is the only thing that should be deductible, and you get the effect of a progressive tax but without all the variation, from person to person, due to what kind of car they have etc ad nauseum.

Of course it is! Low prices help far more of "the poor" than do high prices.

Because it only leads to a trade war. We have thousands of different tarrifs now. They are so insanely complicated that some apply to Barbie dolls and some apply to GI Joe.

After WWII Secretary Hull observed that the Axis powers were the nations we didn't have trade agreements with. He also pointed out that the population would have been outraged if they had realized that during the war.

Of course, this doesn't mean you have to sell the Chinese 100+ top-of-the-line supercomputers and all the missile technology they want like Clinton did.

a fixed Federal deduction just gives lower income brackets far more incentive (even then they have now) to get the f*ck out of every state and major city with a higher-than-average cost of living, and turns urban centers into ultra-gentrified wastelands of absentee luxury condos owned as investment instruments by Russian and Chinese multi-billionaires. Welcome to American Dubai.

That's a *GOOD* thing. Vote with your feet and soon enough the cities (and both coasts) will get the message and mend their ways.

Mend _what_ ways? Living their godless bohemian lifestyles in opposition to the political and moral standards of KRW, Internet newsgroup poster?

I'd bet my money on the cities becoming Dubai model, nothing changing, and most people ending up more miserable than they are already. Feels like a safe bet to me.

Don't you realize that cost of living can be adjusted for location? Federal employees earn different wages for the same job depending on their region.

Not to mention that you are citing a problem that is not addressed by having multiple tax brackets.

Den tirsdag den 12. april 2016 kl. 18.00.54 UTC+2 skrev John Larkin:

big business maybe, but they have hordes of people to do "tax planning", so often they don't have to to go anywhere

individuals and small businesses seldom have that option

-Lasse

High taxes. Corruption. Control.

Again, you show that you're the idiot I've said you were.

Instead, you want them to speed down the path to Detroit. That's where they're *all* going.

It would be difficult to adjust federal tax deductions based on address.

Is a flat tax with a deduction still a flat tax???