swingset Posted January 25, 2013 Report Share Posted January 25, 2013 Thats only income, what about everything else that is taxed? We are now taxed in fast food drive thru, tax on gas, cigs, alcohol, bread, etc. All have went up, NYC is restricted on cola.Yup, add in state, local, property and all the other taxes we pay....we're drowning in taxation.Consider that we were an incredibly prosperous nation when we had no national income tax...which, btw, was how our nation was designed to operate. Quote Link to comment Share on other sites More sharing options...
Uncle Punk Posted January 25, 2013 Report Share Posted January 25, 2013 Yup, add in state, local, property and all the other taxes we pay....we're drowning in taxation.Consider that we were an incredibly prosperous nation when we had no national income tax...which, btw, was how our nation was designed to operate.We are drowning in taxation yet it still isn't enough to quench the thirst of government. This country had a revolution because we were over taxed by a government and they weren't going into debt ruling us. Imagine if we were taxed at a rate to balance current spending, talk about a tipping point. Quote Link to comment Share on other sites More sharing options...
rsvRidr Posted January 25, 2013 Report Share Posted January 25, 2013 Whats all this about taxes, we are just finally paying our fair share.......Tipping point? pretty much what others have said, when the unlimited spending well that the government is using runs dry. Look what has happened in Argentina, what is currently happening in Greece/Spain when the monies run dry. I fear the USA is not too many years behind if we continue the economic path we are currently on. Quote Link to comment Share on other sites More sharing options...
Tpoppa Posted January 25, 2013 Report Share Posted January 25, 2013 My proposed solution to the problem shouldn't be cast onto the pages of the Internet. A well regulated militia? Quote Link to comment Share on other sites More sharing options...
twowheelsnake Posted January 27, 2013 Report Share Posted January 27, 2013 I think we are doing pretty well personally.Now, this chart is interesting. It's showing that our most prosperous years since the industrial revolution is during a period from 1944 (or so) to 1966 (or so). You know...when the tax rate was really fucking high on the rich! I know nobody will side with me on this one but I do think there is such a thing as "too rich". Lets have them contribute at those levels again I say! Quote Link to comment Share on other sites More sharing options...
Mykill Posted January 27, 2013 Report Share Posted January 27, 2013 (edited) I agree with swingset and UP Edited January 27, 2013 by Mykill Quote Link to comment Share on other sites More sharing options...
crb Posted January 27, 2013 Report Share Posted January 27, 2013 Now, this chart is interesting. It's showing that our most prosperous years since the industrial revolution is during a period from 1944 (or so) to 1966 (or so). You know...when the tax rate was really fucking high on the rich! I know nobody will side with me on this one but I do think there is such a thing as "too rich". Lets have them contribute at those levels again I say! I consider you rich, please forward 20% more to the federal tax system this year. You are too rich! Quote Link to comment Share on other sites More sharing options...
swingset Posted January 27, 2013 Report Share Posted January 27, 2013 Now, this chart is interesting. It's showing that our most prosperous years since the industrial revolution is during a period from 1944 (or so) to 1966 (or so). You know...when the tax rate was really fucking high on the rich! I know nobody will side with me on this one but I do think there is such a thing as "too rich". Lets have them contribute at those levels again I say! Correlation, causation. Let's look at government spending. 100% taxation on the rich won't even scratch the debt this current government racked up. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.