Reagan Posted August 24, 2022 Report Posted August 24, 2022 This is the hidden content, please Sign In or Sign Up Quote
EAGLEFOREVER Posted August 24, 2022 Report Posted August 24, 2022 Do away with current tax system and go with a flat rate and no exemptions and no refunds. Quote
CardinalBacker Posted August 24, 2022 Report Posted August 24, 2022 No, a progressive tax like we have is more "fair." but nobody ever envisioned a 37% upper tax rate for the IRS. If they want to fix something, make it illegal for guys like Jeff Bezos to be paid in stock instead of a salary, then allowed to borrow against that stock tax-free. That's the real scam. We don't tax those securities as income because you don't actually make any money until the security is sold. BUT, Mr. Bezos can borrow against those securities (and live off of the proceeds of the loan) and that "loan" is tax free. That's how so many of the really, really wealthy get around paying any personal income tax and it should be stopped. They should also stop giving people money they didn't even earn as a "refund." Earned Income Credit is bad joke. Quote
bullets13 Posted August 24, 2022 Report Posted August 24, 2022 3 hours ago, CardinalBacker said: No, a progressive tax like we have is more "fair." but nobody ever envisioned a 37% upper tax rate for the IRS. If they want to fix something, make it illegal for guys like Jeff Bezos to be paid in stock instead of a salary, then allowed to borrow against that stock tax-free. That's the real scam. We don't tax those securities as income because you don't actually make any money until the security is sold. BUT, Mr. Bezos can borrow against those securities (and live off of the proceeds of the loan) and that "loan" is tax free. That's how so many of the really, really wealthy get around paying any personal income tax and it should be stopped. They should also stop giving people money they didn't even earn as a "refund." Earned Income Credit is bad joke. This. I taught in beaumont for 15 years at the head start, where students only qualified if they were low socioeconomic. It wasn't uncommon for parents there to get $10K+ tax returns when they either didn't work at all, or worked some menial part-time job for minimum wage. It drove me crazy. CardinalBacker and Reagan 2 Quote
Reagan Posted August 26, 2022 Author Report Posted August 26, 2022 IRS Official Nikole Flax Who Was Involved in the IRS Conservative Targeting Scandal — Is Picked to Lead the “Centralized Office” for the New 87,000 Employees! This remember this targeting happening under Beknock obama! Real American stuff here!! This is the hidden content, please Sign In or Sign Up Quote
LumRaiderFan Posted August 26, 2022 Report Posted August 26, 2022 7 minutes ago, Reagan said: IRS Official Nikole Flax Who Was Involved in the IRS Conservative Targeting Scandal — Is Picked to Lead the “Centralized Office” for the New 87,000 Employees! This remember this targeting happening under Beknock obama! Real American stuff here!! This is the hidden content, please Sign In or Sign Up Any of our folks on the left see this as a problem? Not just this new hire, all of it. Quote
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