I'm sure it's more complicated than Economics 101, but...

[IntenseOperator]

This entire thread is off topic.

Morans.

what?

 

[Morris]

This entire thread is off topic.

Morans.

Aren't they all at some point? :142smilie

 

[smurphy]

you can't

Any addition revenues can be eaten up. Many times it's better for the bottom line to not grow. A smaller operation will net better $$ at the end of the day. That's even without throwing in the additional stresses that come with growth (more employees and their drama, more paperwork, more overhead, more headaches).

So taxes will take 100% of what you make after a certain point? That isn't true.

I can understand taxes being a small part of why you wouldn't want to grow. I was in business for 10 years and didn't grow because simply didn't want the headaches.

 

[smurphy]

EXcuse but single person earning $20,000 has federal tax liabilty of $2,600.

That would be a productive person contributing to society.

You have to get down to your base to get to the 40 mil people that pay no taxes.
Case in point-- highest % of Dem voters in 04 exit polls was income under $15,000- you all nailed 68% of them--then tack on your 90%---and consider which segment of voting population you have most in common with- per political views.:kiss:

Uhh yeah, let's not forget those 90%. ...Or, did you mean to just cut to the chase and say 'porch monkies'?

 

[taoist]

Sorry if I offended anyone with my comments, but believe me there are as many non-productive whites around herre as blacks if that makes you feel any better....

However, my question remains.... If you're going to do a flat tax, how do you implement it on the self-employed? You certainly can't just take 20% of my gross income because I have business expenses to meet.... If you're going to take 20% of my net, then who gets to decide what "deductions" I get to take away from my gross income to come up with a net?

It works fine if you're working for someone else and they are paying all of the overhead and you simply put in your hours and draw a salary, but it simply doesn't work if you are self-employed....


...and in the words of Forrest Gump, "That's all I have to say about that." :sadwave:

 

[Tina Yothers]

Sorry if I offended anyone with my comments, but believe me there are as many non-productive whites around herre as blacks if that makes you feel any better....

However, my question remains.... If you're going to do a flat tax, how do you implement it on the self-employed? You certainly can't just take 20% of my gross income because I have business expenses to meet.... If you're going to take 20% of my net, then who gets to decide what "deductions" I get to take away from my gross income to come up with a net?

It works fine if you're working for someone else and they are paying all of the overhead and you simply put in your hours and draw a salary, but it simply doesn't work if you are self-employed....


...and in the words of Forrest Gump, "That's all I have to say about that." :sadwave:

No deductions. That's part of the problem. Too many people hide money.

 

[gardenweasel]

Uhh yeah, let's not forget those 90%. ...Or, did you mean to just cut to the chase and say 'porch monkies'?

 

[smurphy]

No deductions. That's part of the problem. Too many people hide money.

Love the name and avatar.:00hour

 

[IntenseOperator]

Love the name and avatar.:00hour

she definitely belongs in the Mickey D thread


updated avatar.......

kurby kurby kurby

 

[IntenseOperator]

This entire thread is off topic.

Morans.

I still can't get over this.

You kiss little kids with that mouth?

What's the penance these days for this type behavior?

 

[IntenseOperator]

http://www.youtube.com/watch?v=usvG-s_Ssb0