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Forum Post: How you are controlled by the 1%

Posted 12 years ago on Dec. 4, 2011, 12:17 p.m. EST by bill1102inf2 (357)
This content is user submitted and not an official statement

Open a business? Pay a business tax for every transaction to a private company - Visa/Mastercard or god forbid, Amex. Want to sell online? Ok, pay another tax to Ebay or Amazon. Don't want to work for your state? Too bad, you must collect your states sales tax and submit it or else you will go to jail. Your compensation? $0.00. Hire employees in the USA?? LMAO, you must pay SS/Medicare,Payroll,Income FED and State, WC, UE, etc. Tax tax tax tax tax tax tax tax.



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[-] 2 points by Daennera (765) from Griffith, IN 12 years ago

I'm for eliminating all those taxes too. Just one tax. You pay your individual income tax. No tax on companies, no bullshit fees or compliance expenses.

[-] 1 points by bill1102inf2 (357) 12 years ago

tax tax tax

[-] 1 points by nucleus (3291) 12 years ago

We're taxing the wrong things.

Restore true progressive taxes and raise the top tax bracket to pre-Reagan levels. Restore the estate tax and prevent the creation of an aristocracy. Implement a wealth tax and dismantle the existing aristocracy.

[-] 1 points by Censored (138) 12 years ago

"Wrong" as in you'd rather the taxes fall on someone else.

[-] 1 points by nucleus (3291) 12 years ago

I pay a higher effective federal tax rate than the top 400, who only pay about 16%, and I get nothing for it.

[-] 1 points by Censored (138) 12 years ago

Says you. We tax different things at different rates. A higher effective tax rate of what? Say, you wouldn't be counting social security and medicare, now would you? Liberals love to tout those taxes, but conveniently omit that they're backed by future entitlement payments.

Really, you get nothing? That's just ignorant.

[-] 1 points by nucleus (3291) 12 years ago

I don't consider corporate subsidies, war, etc. to be benefits. Local (and to a much lesser extent state) taxes pay for police, fire, schools, roads and other infrastructure and services that I do benefit from.

As I said: "federal taxes", meaning income taxes.

[-] 0 points by Censored (138) 12 years ago

Great. I guess because you don't like "corporate subsidies" and "war", whatever the hell that's supposed to mean, that that's all government does. Sure, you get nothing. Smarten up.

"Federal taxes" means a lot more than income taxes. But regarding income taxes, no you don't.

[-] 1 points by nucleus (3291) 12 years ago

FICA taxes pay for social security and Medicare, or it is supposed to, and both are wholly inadequate.

[-] 1 points by jiradog (92) 12 years ago

You negelcted to mention the inflation tax. I would sure like to be the one to create the money and spend it. Of course I would only use it to stabilize the economy. I would never dream of using it to keep my bankster buddies from going bankrupt from taking to many risks, or to fund unconstituional government spending.