us tax system

Are millionaires in America overtaxed? According to a conservative group that thinks taxes are too high, Tax Freedom Day in 2011 came on April 12. That's the day when the average American has earned enough to pay his taxes for the year. For Mitt Romney however, Tax Freedom Day came on February...

http://www.freep.com/article/20111209/NEWS15/112090361/Payroll-tax-cut-plans-fail-in-Senate-House-GOP-ready-for-fight I guess they don't want an economic recovery if it benefits a Democratic President.

It wasn't who I thought... If you want fairness, why not simply go flat rate?

'Patriotic Millionaires' Describe What They've Done With Their Bush Tax Cuts: 'I Built A Dance Floor In My House' I already know what the first objection is going to be: "If they want to pay more taxes, who's stopping them?" Let me give you an analogy: a truck is stuck in the mud, and a guy...

I just listend the GOP prez candidate Pawlenty's economic speech today and wow it sounds alot like something I came up with on the internet several times. I might even have posted it here. Here goes: On the individual rates we need a simpler — fairer — and flatter tax system overall. I propose...

What if we stopped paying private profit seeking companies, ALL of our insurance premiums, and instead paid 3/4 of that to government in higher taxes? Giving government the resources and ability to respond to any loss or devastation, in a full and complete manner. We could build roads that...

At the begining of 2010 congress allowed the estate tax to expire. Since then a families of deceased billionaires have saved more than a few dollars. http://blogs.forbes.com/hanisarji/2010/11/02/estate-tax-billionaires-would-have-owed/

http://news.yahoo.com/s/nm/20101118/pl_nm/us_usa_congress_jobs Hmm..it appears that the GOP is willing to increase the deficit, by insisting on tax cuts for the rich, but refuses to increase the deficit by extending unemployment benefits for millions of lower and middle-class Americans...

Well... that was quick. Now what's particularly amusing is that less than a week ago, President Obama's weekly address signaled the opposite message: So... wtf?

I mean, the rich are the ones who make the jobs!! Look at all the jobs they are creating in the USA!! If we raise their taxes, all the job creation will stop!! ...oh....wait...riiiiiiight. :D Just another example of Republican schizophrenia.

Analysis: Bush tax cuts might just expire after all If they insist on that top rate tax cut extension, they may not get any tax cut extension at all. The Democrats' proposed tax cut extension would be a tax cut for all taxpayers compared to current law.

Its 2 AM…..at least in the western time zone. Maria, an obstetrician, just got a phone call. A patient just showed up in the ER hemorrhaging. Maria is racing to the hospital to perform an emergency C-section. She'll likely be there the rest of the night. Clinic starts at 8AM. Hopefully, she...

http://www.foxbusiness.com/markets/2010/09/28/anti-outsourcing-fails-senate-test-vote/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+foxbusiness%2Feconomy+%28Internal+-+Economy+-+Text%29 Nice one, GOP. Stand up for the American worker. Help get this economy moving again. Help...

The reality is that, through your work, you pay all of your social security tax, all of your medicare tax, and all of the other expenses that your employer incurs as a result of employing you, whether or not they appear as deductions on your paycheck, plus you provide a profit for your employer...

No one noticed and there was no fanfare but about a month ago in a partisan vote democrats voted overwhelmingly to repeal the advance earned income credit. This was a lifeline for poor people athough admittedly few took advantage of it. The EIC did not go away people still will get it but they...

Is it constitutional for the gov't to be collecting all these other taxes, and even hidden taxes they call "fees"?

The arguments over letting the Bush tax cuts "sunset", extend them partially, make them permanent, make some permanent.... Makes my head spin. We know Republicans generally want all the cuts, even for the wealthiest Americans, to be at least extended and preferably made permanent. Obama wants...

UBS will not pay taxes atleast until 2014, despite hughe profits and imoral bonuses beeing payd, after the swiss people had to pay to save them from brankrupty. is this fair? what are your thoughts?

Thanks to President Obama, we received an additional $800 on our tax refund this year!!! How dare the federal government return money to us - those damn socialists!!!11!1 :jaw-dropp I must go now, I hear the jack-boots approaching my door ;)

I argued on facebook that a Flat Tax is regressive because it disproportionally affects the budgets of lower earners. Lets assume, for the sake of argument, that there is a flat 50% tax on income. Say family-of-4 "A" makes $5,000 a month which translates to $2,500 after taxes. They spend $500...

http://wcbstv.com/local/vat.tax.value.2.1618053.html its a great idea...if you wanna be a one-term president. and I had soo much hope for the man.

I give you the chairman of the Republican Party: http://www.bostonherald.com/news/us_politics/view/20100205gop_chairman_steele_after_taxes_a_million_dollars_is_not_a_lot_of_money/ He is not talking about government programs, corporate PAC accounts, or school budgets.. He is talking about...

White House nears deal on health care How can anyone support these clowns anymore? Whether you're anti-union or not, making special tax breaks available only to people who happen to be in unions is an affront to the idea of equality under the law.

This was in one of our local papers today: http://www.irontontribune.com/news/2009/nov/27/want-hear-truth-about-debt-and-taxes/ There are a lot of issues addressed in that one column...probably too many to even mean the point he's making is legitimate to begin with...but the discussion that...

I think all religious institutions should be fully taxed, just like any secular corporation. This may not solve the feuds between them, but it would at least take money away from them that would otherwise be used for tracts, lawyers, and other annoyances.

With the recent "Teabag"' silliness and the usual partisan screaming back and forth about the poltics and morality of taxation, I feel the need to ask the following: What rate of taxation is "fair?" When does taxation become oppressive and authoritarian? Please note, I don't really have a...

Ever wondered how much you pay in taxes? Turns out, if you're in America, it's 40%--no matter who or where you are, at least according to this article in MSN Money: http://articles.moneycentral.msn.com/Taxes/Advice/YourRealTaxRate40.aspx Dang! Well, so much for that "we're helping the poor...

WASHINGTON - Federal Reserve Chairman Alan Greenspan on Thursday said some form of a consumption tax — such as a national sales tax — could spur greater economic growth, but he cautioned that the government would face significant problems making the transition to such a system. Switching...

In Snide's topic, A couple Questions for the "American Right:", the idea of a national sales tax in place of all other federal taxes came up. I'd really like to take that idea and see where we can run with it. I have gleaned those statements from Snide's topic which apply only to the national...

http://www.nytimes.com/2004/03/02/opinion/02KRUG.html Being self-employed, I pay about 15% to to Social Security and Medicare. Up to $87,000, that is, for last year. Nobody pays anything into Social Security above this ceiling. Somewhere between $1,000,000,000,000 and $2,500,000,000,000 in...