Election Day Topic

Posted by strikeout26 on 11/14/2018 10:12:00 PM (view original):
I agree, but we have those issues whether deductions are allowed or not.
So my point is that distinguishing OK deductions like business expenses from others that you find problematic is the hard part.
11/14/2018 10:50 PM
Posted by bad_luck on 11/14/2018 9:38:00 PM (view original):
Sure. The hard part is figuring out the taxable figure.

It’s why people who claim that a flat tax will significantly simplify taxes are full of ****.
I realize even such a simple concept is way beyond your understanding, but it would greatly simplify things and eliminate the loopholes.
It would make things so easy - if you can afford the item (regardless of what you make or number of family members or anything else), then you pay the tax on it.
Doesn't matter if it's for a business or a family or a person.
11/15/2018 9:19 AM
Business expenses should not be exempt from taxes. Any item, whether a Lexis, a TV, a toaster or a bottle of soda, is the exact same thing to everyone and should be taxed the same. STOP the loopholes. Again, if you "need" the item, you pay the tax on it. 100% the same to everyone. No exceptions for Liberals, Conservatives, Blacks, Whites, Men, Women, Old or Young. Everyone is 100% equal.
11/15/2018 9:30 AM
Posted by all3 on 11/15/2018 9:30:00 AM (view original):
Business expenses should not be exempt from taxes. Any item, whether a Lexis, a TV, a toaster or a bottle of soda, is the exact same thing to everyone and should be taxed the same. STOP the loopholes. Again, if you "need" the item, you pay the tax on it. 100% the same to everyone. No exceptions for Liberals, Conservatives, Blacks, Whites, Men, Women, Old or Young. Everyone is 100% equal.
This ******* idiot ^

Guy thinks the restaurant owner in my example should have to pay taxes on his gross income despite the fact that the owner lost money.
11/15/2018 10:16 AM
Yeah, that would destroy many small businesses.
11/15/2018 11:16 AM
Again...9/9/9!!!!
11/15/2018 11:21 AM
Posted by bad_luck on 11/15/2018 10:16:00 AM (view original):
Posted by all3 on 11/15/2018 9:30:00 AM (view original):
Business expenses should not be exempt from taxes. Any item, whether a Lexis, a TV, a toaster or a bottle of soda, is the exact same thing to everyone and should be taxed the same. STOP the loopholes. Again, if you "need" the item, you pay the tax on it. 100% the same to everyone. No exceptions for Liberals, Conservatives, Blacks, Whites, Men, Women, Old or Young. Everyone is 100% equal.
This ******* idiot ^

Guy thinks the restaurant owner in my example should have to pay taxes on his gross income despite the fact that the owner lost money.
Again, I just can't believe you are actually this f'n dumb. What part of necessary food (not soda and candy and the like), rent, payroll, most utilities and insurances have sales tax assessed on them? Maybe in your totally f'd-up State, but not many other places. Those things are necessities and like now, would not be taxed. The business owner in your example would pay nothing extra on the things you list. Please just STFU instead of being so damn stupid and argumentative.
11/15/2018 12:29 PM
Posted by bad_luck on 11/15/2018 10:16:00 AM (view original):
Posted by all3 on 11/15/2018 9:30:00 AM (view original):
Business expenses should not be exempt from taxes. Any item, whether a Lexis, a TV, a toaster or a bottle of soda, is the exact same thing to everyone and should be taxed the same. STOP the loopholes. Again, if you "need" the item, you pay the tax on it. 100% the same to everyone. No exceptions for Liberals, Conservatives, Blacks, Whites, Men, Women, Old or Young. Everyone is 100% equal.
This ******* idiot ^

Guy thinks the restaurant owner in my example should have to pay taxes on his gross income despite the fact that the owner lost money.
I may be wrong but as I understand it all3 is suggesting that a flat "useage" tax be used for everything. Then you don't owe taxes on anything except what you purchase. A restaurant owner would have to pay the "useage" tax on everything he purchases to use at his restaurant but he keeps everything he earns and there is no "income" tax anymore. The owner wouldn't owe anything to anyone regardless of whether he made OR lost money. There would be no "end of the year" tax or another tax on income. That doesn't sound bad actually but I'm sure plenty of holes can be shot in the idea immediately. I'm certainly not an economist or a tax lawyer.

And since I don't think Comrade will answer if I ask him myself can someone tell me what his 9/9/9 represents? 3 9's of what?
11/15/2018 12:41 PM
Posted by all3 on 11/15/2018 12:29:00 PM (view original):
Posted by bad_luck on 11/15/2018 10:16:00 AM (view original):
Posted by all3 on 11/15/2018 9:30:00 AM (view original):
Business expenses should not be exempt from taxes. Any item, whether a Lexis, a TV, a toaster or a bottle of soda, is the exact same thing to everyone and should be taxed the same. STOP the loopholes. Again, if you "need" the item, you pay the tax on it. 100% the same to everyone. No exceptions for Liberals, Conservatives, Blacks, Whites, Men, Women, Old or Young. Everyone is 100% equal.
This ******* idiot ^

Guy thinks the restaurant owner in my example should have to pay taxes on his gross income despite the fact that the owner lost money.
Again, I just can't believe you are actually this f'n dumb. What part of necessary food (not soda and candy and the like), rent, payroll, most utilities and insurances have sales tax assessed on them? Maybe in your totally f'd-up State, but not many other places. Those things are necessities and like now, would not be taxed. The business owner in your example would pay nothing extra on the things you list. Please just STFU instead of being so damn stupid and argumentative.
Ok. I didn't see this. I think I was WAY WRONG...
11/15/2018 12:45 PM
Posted by all3 on 11/15/2018 12:29:00 PM (view original):
Posted by bad_luck on 11/15/2018 10:16:00 AM (view original):
Posted by all3 on 11/15/2018 9:30:00 AM (view original):
Business expenses should not be exempt from taxes. Any item, whether a Lexis, a TV, a toaster or a bottle of soda, is the exact same thing to everyone and should be taxed the same. STOP the loopholes. Again, if you "need" the item, you pay the tax on it. 100% the same to everyone. No exceptions for Liberals, Conservatives, Blacks, Whites, Men, Women, Old or Young. Everyone is 100% equal.
This ******* idiot ^

Guy thinks the restaurant owner in my example should have to pay taxes on his gross income despite the fact that the owner lost money.
Again, I just can't believe you are actually this f'n dumb. What part of necessary food (not soda and candy and the like), rent, payroll, most utilities and insurances have sales tax assessed on them? Maybe in your totally f'd-up State, but not many other places. Those things are necessities and like now, would not be taxed. The business owner in your example would pay nothing extra on the things you list. Please just STFU instead of being so damn stupid and argumentative.
strikeout and I were talking about INCOME tax deductions.

There is no national sales tax.
11/15/2018 1:08 PM
rsp, you are 100% correct. No end-of-year taxing or tax prep. No IRS and their vague rules for anyone to take advantage of. You get taxed on the "non-necessities" (that would be the new fight, but at least it would be 100% the same for everyone) you purchase.

Total dumb*ss b_l, what are you not understanding about the increased sales tax REPLACING the income tax? Maybe get one of your illegal neighbor's 4 year olds to explain it to you. It's such an easy principal that I'm sure they get it.
11/15/2018 2:35 PM (edited)
Posted by all3 on 11/15/2018 9:19:00 AM (view original):
Posted by bad_luck on 11/14/2018 9:38:00 PM (view original):
Sure. The hard part is figuring out the taxable figure.

It’s why people who claim that a flat tax will significantly simplify taxes are full of ****.
I realize even such a simple concept is way beyond your understanding, but it would greatly simplify things and eliminate the loopholes.
It would make things so easy - if you can afford the item (regardless of what you make or number of family members or anything else), then you pay the tax on it.
Doesn't matter if it's for a business or a family or a person.
I think this post is where you went off the rails.

Clearly, the topic is calculating a taxable income. You seem to conflate "flat tax," which, in my post, meant a single flat rate income tax amount with a national sales tax, sometimes referred to as a "fair tax."

Regardless, we're talking about the merits of income tax deductions. If you want to talk about a sales tax, we can, but it's a separate topic.
11/15/2018 3:05 PM
rsp, you are 100% correct. No end-of-year taxing or tax prep. No IRS and their vague rules for anyone to take advantage of. You get taxed on the "non-necessities" (that would be the new fight, but at least it would be 100% the same for everyone) you purchase.

In my personal opinion this would be GENIUS. Fair to EVERYONE and eliminates ALL of the ridiculous tax code. I would have zero problem with a flat "usage" tax where you pay tax on what you buy and that is it.
11/15/2018 3:17 PM
9/9/9

9% Corp Tax
9% Income Tax
9% Federal Sales Tax
11/15/2018 3:28 PM
Sales tax on what?? Food?? A Haircut??? A massage?? A Blow...... oh wait..........
11/15/2018 3:39 PM
◂ Prev 1...28|29|30|31|32...35 Next ▸
Election Day Topic

Search Criteria

Terms of Use Customer Support Privacy Statement

© 1999-2024 WhatIfSports.com, Inc. All rights reserved. WhatIfSports is a trademark of WhatIfSports.com, Inc. SimLeague, SimMatchup and iSimNow are trademarks or registered trademarks of Electronic Arts, Inc. Used under license. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.