Originally Posted by
Jerry Peck
Likewise, ...
... Someone making more than $250,000 per year should be paying more than the person making $40,000 per year, percentage-wise? "Don't you think???"
'Percentage-wise' is what you are saying is good for those seniors making over $80,000 k per year.
BOTH are "spreading the wealth" and that is only fair.
Look are your tax forms, the more you make, the higher the percentage the tax rate is ... until you hit the big time ... then you can afford to hire people to keep your tax rate as low as possible.
I had clients who's income taxes were over $2 mil per year ... friggin' INCOME TAX ... OVER $2 mil per year.
They complained to me about it, until I offered to switch my income and my taxes for their income and their taxes ...
... suddenly ... they did not really see a problem paying their taxes and not having my income.
Ron hit it pretty good but If you read my other post its says I get sick every time I see someone with a little sniffle plugging up the doctors office and emergency rooms sucking up as much as they can of there insurance instead of using it when it is really needed. The cost of medical and drugs and especially insurance are going thru the roof because of people like that.
Someone wrote about the illegal aliens running up the medical costs with their unjust usage of our medical system. Yeah yeah I understand about cheap labor but come on. When they walk into the emergency room for service of what ever might be ailing them and cannot produce an ID stating that they are an American citizen then sure, help them and then call immigration so they can go back to their own country for follow up so the poor woman with six kids and her husband died can get good medical for her flock.
The double standards with all this garbage is what is killing this country.
The tax thing. Well I am getting more and more for a flat tax on everyone. This way everyone pays FIT and all to the same proportion. If you make 20,000 then you pay 2,000. If you make 2 million then you pay 200,000. If you make 200,000,000 then you pay 20,000,000.
No write offs. No loop holes. no scamming. Medicaid and Medicare and SS should be one flat percentage. No write offs, no scamming. No loopholes.
As far as what that percentage should be I will let the brain children in the world figure that one out. the 10% on the flat FIT was just a picked figure.
Imagine that. No more gonna give these folks a break or those folks a break. No black, no white, no redskin Italians like me. I am not talking about business I am talking personal income.
As far as business goes. After all overhead is paid (material, labor, rent, insurance etc, etc) a flat set amount should be picked for any business as well. If they make 2,000 after all that or 200,000,000,000 after all that it should be a simple flat percentage that taxes are paid on.