For those who support hillary's tax plan. A question.

#26
#26
Let's abolish the Federal Reserve first. After that we can have some tea and sort out the tax dilemma. :)
 
#27
#27
Lexvol said:
You don't tax gifts, or base your economic theory on who deserves what. The value judgement there is too much of a stretch for my taste.

I am obviously no economist. I have no idea what you decide to tax. I would definitely expand the minimum for capital gains, and create a more comprehensive sales tax. I would cut taxes on other investment income to create a little more incentive to build wealth.

Maybe I have just read too many Reagan biographies.
Click to expand...

it's not that I support a higher estate tax (actually it would hurt my business considerably), i just don't understand the logic of raising taxes on earnings, yet lowering estate taxes. as I said previously you are raising taxes on the people who are actually generating jobs for the economy and lowering taxes for people who didn't do anything to deserve the money.

i think the current system on capital gains and interest income is fair. hilary's idea of raising long term capital gains rates to ordinary income levels would absolutely tank the market. anyone with any sort of concetrated low cost basis stock position would be selling like crazy before the tax took effect. if you want tax free bonds there are always munis.
 
#28
#28
I'm not comfortable with the government telling me what I can and can't do with my $$$. Period.

And from what I've been hearing, some of the conspiracy guys are saying there actually is no income tax, it was never ratified.
 
#29
#29
Yes, it is a conspiracy against the people. It was never ratified. The income tax is a complete fraud. There is no law that states you have to pay them with your own labor money.... Google Freedom to Facism, by Aaron Russo (RIP) to learn more. That's basically what the whole movie is about.
 
#33
#33
According to the United States Government Printing Office, the following states ratified the amendment:[19]
  1. Alabama (August 10, 1909)
  2. Kentucky (February 8, 1910)
  3. South Carolina (February 19, 1910)
  4. Illinois (March 1, 1910)
  5. Mississippi (March 7, 1910)
  6. Oklahoma (March 10, 1910)
  7. Maryland (April 8, 1910)
  8. Georgia (August 3, 1910)
  9. Texas (August 16, 1910)
  10. Ohio (January 19, 1911)
  11. Idaho (January 20, 1911)
  12. Oregon (January 23, 1911)
  13. Washington (January 26, 1911)
  14. Montana (January 27, 1911)
  15. Indiana (January 30, 1911)
  16. California (January 31, 1911)
  17. Nevada (January 31, 1911)
  18. South Dakota (February 1, 1911)
  19. Nebraska (February 9, 1911)
  20. North Carolina (February 11, 1911)
  21. Colorado (February 15, 1911)
  22. North Dakota (February 17, 1911)
  23. Michigan (February 23, 1911)
  24. Iowa (February 24, 1911)
  25. Kansas (March 2, 1911)
  26. Missouri (March 16, 1911)
  27. Maine (March 31, 1911)
  28. Tennessee (April 7, 1911)
  29. Arkansas (April 22, 1911, after having previously rejected the amendment)
  30. Wisconsin (May 16, 1911)
  31. New York (July 12, 1911)
  32. Arizona (April 3, 1912)
  33. Minnesota (June 11, 1912)
  34. Louisiana (June 28, 1912)
  35. West Virginia (January 31, 1913)
  36. New Mexico (February 3, 1913)
Ratification (by the requisite thirty-six states) was completed on February 3, 1913 with the ratification by New Mexico (but see Delaware and Wyoming below). The amendment was subsequently ratified by the following states, bringing the total number of ratifying states to forty-two of the forty-eight then existing:
37. Delaware (February 3, 1913) 38. Wyoming (February 3, 1913) 39. New Jersey (February 4, 1913) 40. Vermont (February 19, 1913) 41. Massachusetts (March 4, 1913) 42. New Hampshire (March 7, 1913, after rejecting the amendment on March 2, 1911) The following states rejected the amendment without ever subsequently ratifying it:
  1. Connecticut
  2. Florida, which rejected the amendment after it had already been ratified by three-fourths of the states
  3. Rhode Island
  4. Utah
The following states never took up the proposed amendment:
  1. Pennsylvania
  2. Virginia
 
#36
#36
wesley snipes believed the same thing. he's currently paying like $20 mil in fines. i'll think i'll pay my taxes thanks.
 
#41
#41
Didn't some guy just get arrested afetr holing up on his prpoerty and saying there was no law raitified?
 
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