Love is the answer
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Ron Paul 2008.
He will fuck the IRS with a doublesided dildo un-lubed.
He will fuck the IRS with a doublesided dildo un-lubed.
doubtful. I'd welcome fucking the IRS though. A good old muslim stoning if you will. For honor of course.
I was thinking something more along the lines of a 1930's deep south lynching.Mason4Assassin444 wrote:
doubtful. I'd welcome fucking the IRS though. A good old muslim stoning if you will. For honor of course.
oh man, I'm so for that. I had to pay 3000 in taxes this year, on money i never saw. Serious as a heart attack. My only question is this: if they take away the ability to write things off, will people stop making charitable donations?
It would have an effect, my guess would be that it might have a 10-20% affect on charitable giving. Every non-profit knows that December is a big giving month because of the tax reminder - this is why you receive so many solicitations during late November and December.G3|Genius wrote:
My only question is this: if they take away the ability to write things off, will people stop making charitable donations?
However, nothing Washington does is as simple as this tax proposal. Assuming that there would be some momentum for such a new tax structure - and I don't sense any significant momentum, so don't get your hopes up - then the special interests would necessarily create some loopholes such as sales tax credits that you could submit for certain activities.
As an example of the complexity of Washington, here is how our lawmakers would incorporate such a thing: Let's say you gave $500 to the United Way, then the United Way would send you a receipt which could then be optionally submitted on IRS Form 1050, Schedule B to receive a 10% credit ($50). You could only file the form electronically through TurboTax, which would charge you $15 for the software and $14.95 to submit it electronically (alternatively, you could use H&R Block, which would charge you $30 to file the paperwork and offer to give you the remaining $20 today if you give them a $15 handling fee). The IRS would receive donor lists with SSN's from all non-profits. If everything checks out, after 4 weeks your credit would be given to you in the form of a debit card that you would then use at checkouts for future sales tax credits. So, when you go to the local Safeway to buy a $5 six-pack of beer, you fork over $5.25 (price plus state sales tax), and then use your debit card to pay the $1.10 federal sales tax, and you would then have a balance of $48.90 remaining on your debit card.
Seems like a hassle? A nightmare? Exactly. It is naive to think that anything in America can be so simple - we have WAY too many special interests complicating everything the Federal government does.
Here you just get back money on charitable donations. My father donated a significant sum of money to a group rebuilding a Liberator, then realised that thanks to the amount and his income bracket, he got half of it back.
He doubled the donation.
He doubled the donation.
Only problem with that Tax plan is that people will still cheat the government and thus you'll still need an IRS.
Additionally what about the Mortgage deduction. If the Flat tax doesn't allow you to take that deduction it will destroy the housing market. It would be better to rent than own. The reason why we have that deduction is people will feel better about their country if they own a piece of it.
Additionally what about the Mortgage deduction. If the Flat tax doesn't allow you to take that deduction it will destroy the housing market. It would be better to rent than own. The reason why we have that deduction is people will feel better about their country if they own a piece of it.
i hate the IRS.
the IRS hates me.
its a hate/hate relationship.
the IRS hates me.
its a hate/hate relationship.
Yea, same issue as with the non-profits.Harmor wrote:
Additionally what about the Mortgage deduction. If the Flat tax doesn't allow you to take that deduction it will destroy the housing market. It would be better to rent than own. The reason why we have that deduction is people will feel better about their country if they own a piece of it.
We can fantasize all day about having simplification to the US Tax Code, but the reality is that the window for making a drastic change disappeared about 80 years ago. This big ship has already sailed - there is way too much American financial infrastructure enveloping the existing tax code to make any drastic change. We can make small changes, but nothing as radical as switching from an income/production base to a sales base.
It would be like moving the US Capital from Washington DC to St. Louis. Oh, sure, perhaps a more centralized location, but there is too much government infrastructure around Washington ...
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- Fuck the IRS (Fox video on The Fair Tax, with Neal Boortz)