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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 12:51 AM Original message |
Zero percent income tax on incomes up to $100,000 - 50% flat rate on income exceeding that |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 12:57 AM Response to Original message |
1. Clark proposed $50,000 |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:10 AM Response to Reply #1 |
2. Fair share? |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:06 AM Response to Reply #2 |
18. Hey, that's how people think |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:41 AM Response to Reply #18 |
22. Yes, I see contradictory reactions further down in the thread... |
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hfojvt (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:35 AM Response to Reply #1 |
7. I remember that as $75,000 and a three line form |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:22 AM Response to Original message |
3. For one thing, a $100K income makes you rich in some parts of the country, |
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leftist_not_liberal (408 posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:32 AM Response to Reply #3 |
6. SCHIP anyone? n/t |
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krispos42 (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:35 AM Response to Reply #3 |
8. Hitting the rich harder... |
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slampoet (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 02:31 AM Response to Reply #8 |
16. Wow excellent point. Great post. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 04:43 AM Response to Reply #8 |
28. Those people aren't rich. They're living in very ordinary homes for the |
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krispos42 (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 09:12 AM Response to Reply #28 |
29. If you are buying and sellings homes other than your primary residence... |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 11:49 AM Response to Reply #29 |
32. I think your plan, as it is, is flawed. It means a windfall for those with relatively |
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krispos42 (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:13 PM Response to Reply #32 |
37. It's always been a windfall for high-income/low lost people |
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ecstatic (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:36 AM Response to Reply #3 |
9. so true. Should be based on # of household members and |
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silverojo (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 02:07 AM Response to Reply #3 |
13. You can say that again |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:50 AM Response to Reply #3 |
25. Okay, so I'm thinking like a New Yorker |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 04:39 AM Response to Reply #25 |
27. I know prices in New York City are unbelievable, and state taxes are high |
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blondeatlast (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:19 PM Response to Reply #3 |
40. Yep. nt |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:30 AM Response to Original message |
4. Unpopular suggestion, but I simply recommend taxing unearned income the same as earned income |
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blondeatlast (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:25 PM Response to Reply #4 |
41. That's a workable idea--and a good way to frame the income |
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leftist_not_liberal (408 posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:31 AM Response to Original message |
5. There is a difference |
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krispos42 (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:40 AM Response to Original message |
10. 75% over 75,000 for singles, 125,000 for married |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:11 PM Response to Reply #10 |
36. Depends on where you live |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:40 AM Response to Original message |
11. I've got an even better idea: Everyone who makes as much as me or less should pay NO TAX. |
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aquart (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:48 AM Response to Original message |
12. For one thing, because it makes those under $100,000 feel like charity cases. |
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DJ MEW (432 posts) Send PM | Profile | Ignore | Mon Oct-08-07 02:09 AM Response to Reply #12 |
14. cut sales tax, raise income tax |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 11:35 AM Response to Reply #14 |
31. Sales taxes are levied by state governments. We're mostly talking about the federal government here. |
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AdHocSolver (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 02:24 AM Response to Reply #12 |
15. The rich don't need excuses to feel self-important...or feel entitled to cheat. n/t |
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2rth2pwr (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 02:45 AM Response to Original message |
17. So if I make $150,000 based on my sales production and |
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LeftCoast (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:13 AM Response to Reply #17 |
19. I don't really support the idea, but I think using the OP's calculation you'd bring home $125k |
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hfojvt (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:22 AM Response to Reply #17 |
20. no, you have it wrong. The tax is only on income over $100,000 |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:47 AM Response to Reply #20 |
24. But combined with the production charges |
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hfojvt (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 04:35 AM Response to Reply #24 |
26. capital gains are personal income, not corporate income |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:18 PM Response to Reply #26 |
39. and where did I say that?! |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:43 AM Response to Reply #17 |
23. NO! |
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Solar_Power (422 posts) Send PM | Profile | Ignore | Mon Oct-08-07 11:02 PM Response to Reply #17 |
52. Don't let the facts get in the way |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 11:09 PM Response to Reply #17 |
53. ummm...learn some math. |
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AdHocSolver (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:29 AM Response to Original message |
21. Tax reform alone does not solve any problems. We need trade policies that create jobs. |
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sinkingfeeling (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 09:32 AM Response to Original message |
30. Sorry, opting out anyone from filing and 'paying' taxes just decreases the sense of |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 11:52 AM Response to Reply #30 |
33. And I don't see how the numbers could possibly work either. n/t |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 12:51 PM Response to Reply #30 |
35. Taxes is not equal to income taxes and furthermore... |
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sinkingfeeling (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:49 PM Response to Reply #35 |
43. Sorry, I disagree. I was taught as a child that being American involved several key things. One was |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 02:30 PM Response to Reply #43 |
44. "paying taxes to fund the interstate system, education, social services, and our 'defense'" |
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sinkingfeeling (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:11 PM Response to Reply #44 |
45. Not if 85% of the citizens aren't paying anything .The Hawken idea needs to go. |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:28 PM Response to Reply #45 |
48. Again and again, you misrepresent it. |
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taught_me_patience (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 12:42 PM Response to Original message |
34. 100k is not very much in Los Angeles |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:17 PM Response to Reply #34 |
38. Yep |
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StrongBad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 01:28 PM Response to Original message |
42. I still would rather just have a true progressive tax structure |
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slutticus (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:20 PM Response to Original message |
46. So... |
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DaveJ (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:23 PM Response to Original message |
47. Only 50%??? |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:32 PM Response to Reply #47 |
49. Fine. |
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DaveJ (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 03:45 PM Response to Reply #49 |
50. I'm not for 50% on $100,000 |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 10:51 PM Response to Reply #50 |
51. Sigh... am I this bad as a writer? |
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onenote (1000+ posts) Send PM | Profile | Ignore | Mon Oct-08-07 11:16 PM Response to Original message |
54. do you have an estimate of what the revenues would be from this tax approach? |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Tue Oct-09-07 12:05 AM Original message |
Revenues from income tax would almost surely be less |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Tue Oct-09-07 12:05 AM Response to Reply #54 |
55. dupe nt |
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1932 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-09-07 12:20 AM Response to Original message |
56. What's so hard about putting more progressivity in the system? Why one rate and two tiers? |
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