lsayre wrote:If this Bain thing brings Romney down as the Democrats intend, Ron Paul has the delegates to become the Republican nominee.
samhill wrote: To me income is income no matter where it comes from & a tax should be the tax period no exceptions or loopholes, the only ones getting soaked are the ones that have to pay what they owe because there are no Special Laws for them.
samhill wrote:Unfortunately how do you even start to expand the economy & still run the country without funds? Easy for a fool that's living off the Gov. to say to eliminate taxes & then wonder where his money & training went, just like any household you need X amount of $ to stay afloat. Cut all business tax, some don't pay any while getting subsidies, others pay very little of what they should & just like everything the little one gets screwed. If you cut taxes much more on big business (which gets the breaks) we will be paying all of them & they still won't hire in this country, that idea of the job creators is BS after 12 years we should need more people to feel all those jobs.

jpete wrote:...we borrow most of what we use to run the country. You could easily cut [the income tax] to zero and not affect much.
samhill wrote:Small business Jpete, small business, many create many jobs, if successful they are either bought out or run out of business by big business. What happened to your employer were they large or small? Besides being able to get rid of you, why did they head South at a time when many others are starting to come back. I was just at any open house tour of a local mid range business that is doing real well for itself, not bad for a molded fibreglass plant, going strong for 60 years.

rberq wrote:jpete wrote:...we borrow most of what we use to run the country. You could easily cut [the income tax] to zero and not affect much.
Never thought of it that way before. I'd say you are pretty close to right.
How much does the federal government take in through income tax? During fiscal year 2007 (Oct. 1, 2006, to Sept. 30, 2007) the IRS reported collecting a total of almost $2.4 trillion after refunds, with $248.6 billion of that coming from individual taxpayers.
As in recent years, about $350 billion in taxes due went uncollected, representing an annual phenomenon the IRS calls the "tax gap."
The enacted budget contained $2.469 trillion in receipts and $3.796 trillion in outlays, for a deficit of $1.327 trillion
NEPA Crossroads is a creation of Nepadigital.Com ©2009 • Contact Admin | Terms of Use | Privacy Policy
Powered by phpBB © phpBB Group