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Debate Thread

Discussion in 'Political Zone' started by Cajuncowboy, Oct 15, 2008.

  1. DaBoys4Life

    DaBoys4Life Benched

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    40% of your income?
  2. Heisenberg

    Heisenberg Pow! Pow!

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    Exactly. In the long run, we'll end up saving money.
  3. EveryoneElse

    EveryoneElse Active Member

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    I am not saying lets pay ZERO taxes. I'm saying lets clean this corrupt spending up. Why keep penalizing me and others? I still haven't gotten a good reason for my taxes going up.
  4. EveryoneElse

    EveryoneElse Active Member

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    I'm not sure of the exact number, but it's damn close, between 35-40%

    My workers comp hurts a lot too. I pay $90 per $100. That sucks too.
  5. Doomsday

    Doomsday Rising Star

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    I pay around 34 percent in INCOME taxes right now. Of coarse we pay another tax anytime we buy something, we pay social security, state, property, gas taxes etc.... Tolls for roads our tax dollars paid to build.

    There are so many hidden taxes these days it is impossible to keep track of all of them. 20 percent rental car tax? There was a time when they couldnt tax services.

    By the time I get done paying all my taxes it is easily 50% of the money I make.
  6. EveryoneElse

    EveryoneElse Active Member

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    It's not as bad a Horse tainer though. My uncle trains race horses and he pays $110 per $100.
  7. Heisenberg

    Heisenberg Pow! Pow!

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    I understand what you're saying, we can do better than our current system and end up saving money in the long run if we stop having people's only option if they don't have insurance and get sick is to go to an emergency room somewhere and we eat the cost in our premiums down the line.

    If we can prevent that, we'll improve costs and the general health of the populace.

    And yes, your tax dollars will go to help those that might not be able to afford it. So will mine. I'm okay with it because we're going to end up paying for it one way or another. I'd rather go the more efficient and cheaper route over the long haul.
  8. EveryoneElse

    EveryoneElse Active Member

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    Like I said, the things people don't see when they don't own a business.
  9. DaBoys4Life

    DaBoys4Life Benched

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    IDK man some of the luxuries we have in America would be lost if we miss go down to 10%-20% don't you think?
  10. Sasquatch

    Sasquatch Lost in the Woods

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    I believe McCain specifically mentioned Ireland which is interesting because they have socialized medicine and education.
  11. EveryoneElse

    EveryoneElse Active Member

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    Like I said, if tax money was spent wisely, maybe we wouldn't lose luxuries.
  12. Hypnotoad

    Hypnotoad Active Member

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    Our rates like 33%/35%/38%, which some argue causes companies to go overseas. I'm not certain about international tax, but European countries have a lower rate... lets say 30%. Ireland was mentioned in both debates as being around 11%/14%.

    But! And this is an important BUT, here, corporations are allowed many deductions which in reality reduce that rate significantly to something like lets say your 35%-> you can get it to go to 28%. So 38% is high on paper and something to complain about on a message board.
  13. DaBoys4Life

    DaBoys4Life Benched

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    So what areas are tax money being spent needlessly ?
  14. Doomsday

    Doomsday Rising Star

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    When does our choice to decide how we live our lives come in to play?

    I hear what your saying I just dont believe the government should be stepping into our daily lives and dictating how much to pay our employees, which benefits to provide etc..

    I dont believe that having big brother step in is the best answer, history has shown it usually ends us costing us more money for an inferior product.
  15. EveryoneElse

    EveryoneElse Active Member

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    35+% is a reality, bud. Sorry to tell you.
  16. VietCowboy

    VietCowboy Be Realistic. Demand the Impossible.

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    thanks. found this on wiki:

    http://en.wikipedia.org/wiki/Tax_rates_of_Europe

    goes from 0 to 55% personal income tax (55% in Sweden)
  17. EveryoneElse

    EveryoneElse Active Member

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    Ummmm. Obamas $3million overhead projector for some establishment in Illinois.

    Researching a bears DNA.

    There are countless stupid waste of money black holes out there. We probably don't know about half of them.
  18. DaBoys4Life

    DaBoys4Life Benched

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    :muttley:
  19. Hypnotoad

    Hypnotoad Active Member

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    Depends on your company's taxable income champ.

    Lets say you are a corporation have taxable income of 0 to $50,000 your rate is 15%.

    34% to 75k-100k
    39% to 100k-335k
    34% to 335k-10m

    ..ill stop there..

    There's plenty of things you can do to reduce your taxes..
  20. DaBoys4Life

    DaBoys4Life Benched

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    that doesn't make sense

    why is 39% for 100k-335k yet 335k+ is 34% which is equal to 75k-100k ?

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