Fairness (Read 48698 times)

Kuleana

Re: Fairness
« Reply #100 on: August 24, 2016, 12:40:29 PM »
So, a poor person paying little to no income tax, working two part-time jobs to survive, now has to quit a job to work for public assistance?

No, only those who get government assistance and not able to find employment, who are fully capable (i.e., mentally, physically, etc.) to find a job.


Does the single mother have to use gov't-provided daycare to be able to repay gov't assistance?

That would depend on her specifics circumstances.


Not everyone who is poor is idle.  Not everyone who is poor is employable.

I agree on both points.


Kuleana

Kuleana

Re: Fairness
« Reply #101 on: August 24, 2016, 12:42:04 PM »
Kuleana, can you give us one example of someone you know, their background and circumstances, if they have a family, what they do for work and what they previously did, and why they are not able to succeed?  I bet all of us here can come up with a plan for them to succeed to show that anyone can do it.

You would need to define what you mean by succeed and/or success?

Kuleana

London808

Re: Fairness
« Reply #102 on: August 24, 2016, 01:15:07 PM »
So, a poor person paying little to no income tax, working two part-time jobs to survive, now has to quit a job to work for public assistance?

No, only those who get government assistance and not able to find employment, who are fully capable (i.e., mentally, physically, etc.) to find a job.


So again that person would not be paying their fair share, they are working but not earning enough so they receive welfare but pay no taxs. or pay less taxs then they receive back in welfare.

To be a fair tax, either every one pays the same rate % wise of income earned or no one pays. welfare should be on a voluntary basis. Is i choose to give aid to my follow man then thats fine, No one should be forced to carry another. But then again i also believe those people on welfare (by choice) should be put on forced birth control untill they are capable of looking after themselves, Why would you be allowed to bring a child into this world when you cant even feed yourself.
"Mr. Roberts is a bit of a fanatic, he has previously sued HPD about gun registration issues." : Major Richard Robinson 2016

Flapp_Jackson

Re: Fairness
« Reply #103 on: August 24, 2016, 01:30:44 PM »
So again that person would not be paying their fair share, they are working but not earning enough so they receive welfare but pay no taxs. or pay less taxs then they receive back in welfare.

To be a fair tax, either every one pays the same rate % wise of income earned or no one pays. welfare should be on a voluntary basis. Is i choose to give aid to my follow man then thats fine, No one should be forced to carry another. But then again i also believe those people on welfare (by choice) should be put on forced birth control untill they are capable of looking after themselves, Why would you be allowed to bring a child into this world when you cant even feed yourself.

I have always believed in the flat tax.

No deductions, exemptions, credits or shelters.  Just straight % of income earned.  The more you make, the more you pay.  Not a higher %, but the same % -- just a higher total (math is like that!).

We draw a line, say , 25% above the poverty line.  Anyone making that or less pays zero tax. 

For means-tested welfare assistance, it'll be based on program budget, not just numbers who qualify.  If the social services managers want to help more, they have to weed out  the fraud, waste and abuse.  Give only to those in need, not anyone who is smart enough to scam the system.

A flat tax is FAIR.  It treats everyone earning more than they need the same relative to their income, and it treats everyone with barely enough or less the same as each other.  Anyone on the borderline will be scrutinized for under-reporting. 

The cost of record keeping, filing and tax law compliance is in the $$BILLIONS each year.  We can use that money much more productively.  And the IRS could be a shell of the monster they are today!
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

Jl808

Re: Fairness
« Reply #104 on: August 24, 2016, 01:37:13 PM »
I agree.

10% flat tax for everyone.

Someone making $1,000/mo pays $100.

Someone making $100,000/mo pays $10,000.

Someone making $1M pays $100,000.

Everyone contributes and is vested in seeing that the system is not abused.

There is also incentive for everyone to improve their lots in life.
I think, therefore I am armed.
NRA Life Patron member, HRA Life member, HiFiCo Life Member, HDF member

The United States Constitution © 1791. All Rights Reserved.

London808

Re: Fairness
« Reply #105 on: August 24, 2016, 01:48:31 PM »
I have always believed in the flat tax.
As do i but it has to be fair to every one, i seroulsy think a sales tax and import tariffs is the best way. it dont matter how much you earn but if you spend a penny in the US its tax and if you import items to try and avoid the tax it has a tariff, Tax is paid on every transaction, Wholesale and Retail.

No deductions, exemptions, credits or shelters.  Just straight % of income earned.  The more you make, the more you pay.  Not a higher %, but the same % -- just a higher total (math is like that!).
Only deduction should be for mortgage interest (owning land is the american dream and that should count for something) and charitable donations (upto a fixed percent say 1% of income) 

We draw a line, say , 25% above the poverty line.  Anyone making that or less pays zero tax.
NO - EVERYONE pays the same percentage.

For means-tested welfare assistance, it'll be based on program budget, not just numbers who qualify.  If the social services managers want to help more, they have to weed out  the fraud, waste and abuse.  Give only to those in need, not anyone who is smart enough to scam the system.
Benefits should be on a state level, no federal money should go to welfare. help that is given should be on the condition of betterment (helping them up instead of keeping them down)

A flat tax is FAIR.  It treats everyone earning more than they need the same relative to their income, and it treats everyone with barely enough or less the same as each other.  Anyone on the borderline will be scrutinized for under-reporting.
With a sales tax its less people to look at making it faster and more efficient. its very easy to track inventory in and out and look at profit, makes audits easy to run.
"Mr. Roberts is a bit of a fanatic, he has previously sued HPD about gun registration issues." : Major Richard Robinson 2016

Flapp_Jackson

Re: Fairness
« Reply #106 on: August 24, 2016, 01:56:05 PM »
I have always believed in the flat tax.
As do i but it has to be fair to every one, i seroulsy think a sales tax and import tariffs is the best way. it dont matter how much you earn but if you spend a penny in the US its tax and if you import items to try and avoid the tax it has a tariff, Tax is paid on every transaction, Wholesale and Retail.

No deductions, exemptions, credits or shelters.  Just straight % of income earned.  The more you make, the more you pay.  Not a higher %, but the same % -- just a higher total (math is like that!).
Only deduction should be for mortgage interest (owning land is the american dream and that should count for something) and charitable donations (upto a fixed percent say 1% of income) 


We draw a line, say , 25% above the poverty line.  Anyone making that or less pays zero tax.
NO - EVERYONE pays the same percentage.

For means-tested welfare assistance, it'll be based on program budget, not just numbers who qualify.  If the social services managers want to help more, they have to weed out  the fraud, waste and abuse.  Give only to those in need, not anyone who is smart enough to scam the system.
Benefits should be on a state level, no federal money should go to welfare. help that is given should be on the condition of betterment (helping them up instead of keeping them down)

A flat tax is FAIR.  It treats everyone earning more than they need the same relative to their income, and it treats everyone with barely enough or less the same as each other.  Anyone on the borderline will be scrutinized for under-reporting.
With a sales tax its less people to look at making it faster and more efficient. its very easy to track inventory in and out and look at profit, makes audits easy to run.

Right now most pay in the 15% - 25% range of effective tax rate.  Average is around 20%.  That's after all the deductions for mortgage, Schedule A, daycare, etc.

Are you saying you want to pay in the 10% - 15% range for a flat tax and STILL want the mortgage deduction?

Deductions are how the government encourages or discourages certain behaviors or supports certain industries.  When you get a mortgage, part of your "can we afford it" calculation is the tax deduction.  That analysis will only change in that you have to settle for less house, less favorable location, or negotiate a lower price.  The market absorbs your tax deduction.  They price their houses based on your ability to pay.  If the gov't is subsidizing the purchase with tax breaks, you know the asking price will be higher!
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

London808

Re: Fairness
« Reply #107 on: August 24, 2016, 02:06:45 PM »
Right now most pay in the 15% - 25% range of effective tax rate.  Average is around 20%.  That's after all the deductions for mortgage, Schedule A, daycare, etc.

Are you saying you want to pay in the 10% - 15% range for a flat tax and STILL want the mortgage deduction?

Deductions are how the government encourages or discourages certain behaviors or supports certain industries.  When you get a mortgage, part of your "can we afford it" calculation is the tax deduction.  That analysis will only change in that you have to settle for less house, less favorable location, or negotiate a lower price.  The market absorbs your tax deduction.  They price their houses based on your ability to pay.  If the gov't is subsidizing the purchase with tax breaks, you know the asking price will be higher!

Right now most people pay no taxs.

and i agree deductions (and credits) do encourage certain behaviors (hence poor people poping out kids to get more food stamps and the tax credits)  But charitable giving should be encouraged as these organisations do relaly help those that need it and not just those that want it. I dont agree with the price being higher because of the mortgage deduction, Prices are to easily influenced by supply and demand for it to be a factor. Home ownership should be encouraged as it is the single greatest item of wealth that some one can have AND it is something that can build a future for that persons children on into the future and as i have said many times a parents only job is to create a better life for their child then they had.
"Mr. Roberts is a bit of a fanatic, he has previously sued HPD about gun registration issues." : Major Richard Robinson 2016

Flapp_Jackson

Re: Fairness
« Reply #108 on: August 24, 2016, 02:22:10 PM »
Right now most people pay no taxs.

and i agree deductions (and credits) do encourage certain behaviors (hence poor people poping out kids to get more food stamps and the tax credits)  But charitable giving should be encouraged as these organisations do relaly help those that need it and not just those that want it. I dont agree with the price being higher because of the mortgage deduction, Prices are to easily influenced by supply and demand for it to be a factor. Home ownership should be encouraged as it is the single greatest item of wealth that some one can have AND it is something that can build a future for that persons children on into the future and as i have said many times a parents only job is to create a better life for their child then they had.

Don't get confused.

" Right now most pay in the 15% - 25% range of effective tax rate" is referring to those who pay income tax, obviously.
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

Flapp_Jackson

Re: Fairness
« Reply #109 on: August 24, 2016, 02:28:26 PM »
Right now most people pay no taxs.

and i agree deductions (and credits) do encourage certain behaviors (hence poor people poping out kids to get more food stamps and the tax credits)  But charitable giving should be encouraged as these organisations do relaly help those that need it and not just those that want it. I dont agree with the price being higher because of the mortgage deduction, Prices are to easily influenced by supply and demand for it to be a factor. Home ownership should be encouraged as it is the single greatest item of wealth that some one can have AND it is something that can build a future for that persons children on into the future and as i have said many times a parents only job is to create a better life for their child then they had.

When you pre-qualify for a mortgage, the realtor/finance rep fills out an income and debt analysis.  Part of that includes an estimate of how much you'll save on taxes to offset what you are paying in payments, taxes and insurance.

Based on that amount -- how much payment you can afford -- and what you have for a down payment, the realtor works up a list of properties in your price range.

The prices were also (for the majority of properties) created with the help of a realtor.  They look at what the median incomes are for buyers, how much mortgage they qualified for, and what other properties have sold recently for how much.  They roll all that up, add a healthy margin for negotiating/suckers/"Hawaii premium",  and come up with an asking price. 

No matter which way you turn it, your tax deduction is calculated into both your ability to pay and the amount that's reasonable to ask.
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

Flapp_Jackson

Re: Fairness
« Reply #110 on: August 24, 2016, 09:24:04 PM »
When the people find they can vote themselves money, that will herald the end of the republic.

- Benjamin Franklin
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

Flapp_Jackson

Re: Fairness
« Reply #111 on: August 24, 2016, 09:26:55 PM »

We draw a line, say , 25% above the poverty line.  Anyone making that or less pays zero tax.
NO - EVERYONE pays the same percentage.


Isn't that counter-productive?  These are the people likely to qualify for assistance.  Why take money from their paychecks only to turn around and give it back on an EBT card?

Inefficient.
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

Jl808

Re: Fairness
« Reply #112 on: August 24, 2016, 09:32:03 PM »
Loopholes?
I think, therefore I am armed.
NRA Life Patron member, HRA Life member, HiFiCo Life Member, HDF member

The United States Constitution © 1791. All Rights Reserved.

London808

Re: Fairness
« Reply #113 on: August 24, 2016, 09:37:27 PM »
Isn't that counter-productive?  These are the people likely to qualify for assistance.  Why take money from their paychecks only to turn around and give it back on an EBT card?

Inefficient.

Your paying based on income. to be a 100% fair system if you have income it should be taxed at the same rate even if you are getting assistance.
"Mr. Roberts is a bit of a fanatic, he has previously sued HPD about gun registration issues." : Major Richard Robinson 2016

Flapp_Jackson

Re: Fairness
« Reply #114 on: August 24, 2016, 09:40:24 PM »
and i agree deductions (and credits) do encourage certain behaviors (hence poor people poping out kids to get more food stamps and the tax credits)  But charitable giving should be encouraged as these organisations do relaly help those that need it and not just those that want it. I dont agree with the price being higher because of the mortgage deduction, Prices are to easily influenced by supply and demand for it to be a factor. Home ownership should be encouraged as it is the single greatest item of wealth that some one can have AND it is something that can build a future for that persons children on into the future and as i have said many times a parents only job is to create a better life for their child then they had.

That might be true of Hawaii residents planning to be here until they die, but there are people & places that don't fit that.

It used to be a home was the best investment because you always had a good shot at the value increasing, at having equity for expenses throughout life, and so on.

Now, with the way careers drag us from one town to another, one state to another or even one country to another, there are many who opt to never buy a home and be saddled with maintenance, renters, repairs, and all the other costs and inconveniences of dealing with a house. 

If you don't know if you'll be in a home long enough to break even or make a profit when you leave it, buying makes no sense.  Plenty of people buy condos which turn around quickly when they sell to move, and they can use the mortgage deduction.

I think the mortgage deduction can be phased out over several years.  By then, people will have the ability to adjust their situation if needed. 

Did you know if you had been using your operating expenses (including mortgage interest) on a rental to reduce your taxable income by those losses, once your taxable income exceeds $150K, you can't use those losses against your personal income.  You can use it to reduce the profit you pay taxes on when you sell if you paid less for it than you sell it for, so at least you don't lose that loss deduction forever (unless you never sell).

These are the kinds of rules we should never have to deal with.  It's nice if you qualify for the tax breaks, but not everyone's position lets them do that.  Hence, the only fair tax system is to eliminate ALL tax breaks, individual and corporate.


The hardest thing in the world to understand is the income tax. - Albert Einstein
« Last Edit: August 24, 2016, 11:29:50 PM by Flapp_Jackson »
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw