So you think all it takes to raise a family is food, huh? All the rest is frivolous.
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[quote="Freak Out"]Partial doesn't know shit about anything he can't google.Originally posted by Partial??? WTF are you smoking?Originally posted by MJZiggy
Thats why fair tax is great. 24k is easily enough to live no tax free.To much of a good thing is an awesome thing

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[quote="GoPackGo"]Yes he does.....but he is still young and really doesn't know just yet how tough it can be. 24 grand is shit in this day and age unless your subsistence hunting or farming.Originally posted by Freak OutPartial doesn't know shit about anything he can't google.Originally posted by Partial??? WTF are you smoking?Originally posted by MJZiggy
Thats why fair tax is great. 24k is easily enough to live no tax free.C.H.U.D.
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24k tax free? That is about 35k taxed. That is a piece of cake to live on. Maybe not for a family, but for a single person easily. Plenty of people get by on 35k. After all, the average american family makes 42k.
That is just what isn't sales taxed. You might have to get taxed some.
We're not talking xboxs and big screens and blackberries. We're talking the essentials to get by. That's what the 24k(35k-40k in current us dollars) is for.
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You guys are fucking nuts. My sister started at a job at 35k and paid off an apartment and had ample money left over to spare. She makes a ton more money now but she bought a car, paid off a condo, and went out and partied like a 20 something should on 35k.
Laughable.
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She lives in the land of taxes Milwaukee. No, she isn't raising kids. That's why you have a husband or you work hard. How many people who have kids honestly don't make 40-50 grand? If you work hard, its pretty tough not to.
As I was saying, it is irrelevant how much money you have or make. Your money isn't taxed until you spend over 24k. Interest on homes in not taxed, either.
It might throw the retail world into a bit of a funk for a brief period of time, but not really because for most expenses it will be completely devoid of tax. Not only that, but prices will be driven down due to the lack of taxes on business purchases. I don't have exact figures but I have read many compelling arguments where your middle class family ends up saving money.
I really don't think much will change beyond everyone will be forced to take some more personal responsibility. It makes a hell of a lot more sense to save money and gain 10% on it annually than to spend it when there is a 30% tax.
One of the big things that would occur is it will help the housing market by stop having companies build so many new houses as a used house purchase would not be taxed.
It has been heavily researched by economists and by all accounts there studies have shown it to have a positive effect.
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You don't seriously believe that, do you? You think the grocery store checkers who stands there working their asses off all day are making 50 grand, huh? You think that'll buy them a nice condo in, say, San Francisco? How 'bout Boston?Originally posted by PartialShe lives in the land of taxes Milwaukee. No, she isn't raising kids. That's why you have a husband or you work hard. How many people who have kids honestly don't make 40-50 grand? If you work hard, its pretty tough not to."Greatness is not an act... but a habit.Greatness is not an act... but a habit." -Greg Jennings
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Accidents happen, hon and there's a lot of folks out there that work their tails of for plenty of other minimum wage (or just above) jobs. And they don't have the educational opportunities you did so how the hell are they supposed to survive and live this fanciful life you describe. Hell I HAVE a college education and work experience and I'm having a hard enough time trying to find a job. Imagine for a moment what it's like for some kid born into poverty with uneducated parents. How are they supposed to make your 50K that they should get just for aspiring to it?"Greatness is not an act... but a habit.Greatness is not an act... but a habit." -Greg Jennings
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On the face of it, MadScientist is right. Just a FairTax (which I take to be like a national sales tax) is going to be very regressive. Less wealthy people have to spend a higher percentage on taxable goods. But the FairTax proposals are not so simple, they have some sort of compensation for poorer people. I am open minded to switching to a FairTax.Originally posted by Scott CampbellI love this kind of ridiculous propaganda.Originally posted by MadScientistFairTax = tax hike for the middle class so the fucking rich pay even less. What is fair about that?
Easy with the propoganda word, you also stray into that territory.
talking about absolute dollars is pretty silly.Originally posted by Scott CampbellIf you think that somebody making $1M a year pays less taxes than somebody making $30K a year, you are certifiable. Rich people pay far more in taxes than the poor and middle class - in absolute dollars per taxpayer.
you can't compare a hundred dollars of taxes paid by a janitor with the burden of $100 on an investment banker.
Don't expect too many people to follow you down the absolute dollar argument.
ya, true enoughOriginally posted by Scott CampbellAnd they spend more and contribute more to the economy too. They often provide employment opportunities for poor and middle class people. And they are typically less of a burden on government social programs. So let's face it, they are a more valuable economic asset to our country.
You realize that there are a lot of rich democrats, right? A lot of very wealthy people are on the liberal side of the party.Originally posted by Scott CampbellYet some communist thinking small minded individuals who can't stand the idea of everyone paying their own fair share would just as soon penalize the success of others than have to pry loose a nickel out of their own pocket. They bitch and whine about the wealthy as if anyone who has ever achieved some measure of success must have screwed over some poor slobs to get there. To these people, I suggest they quit wasting their energy on whining and begging and trying to weasel away other peoples money, and go out and earn their own money the old fashioned way. We didn't become the greatest country on the face of the earth by penalizing those who succeed.
I think you and Rush Limbaugh are exaggerating by a factor of 100 the degree to which liberalism is driven by class envy.
You can't get anywhere talking about these issues in the sort of angry, defensive, accusatory tones that you use. I have more to say but I have to take a dump.
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Zig,
First off, somebody is going to be very lucky to get you as an employee.
I have nothing against grocery store checkers. I would suggest that the vast majority of them are either there by choice, or because of choices they've made in their own lives. For many, they may not be achieving their full economic potential. We shouldn't be holding the government and taxpayers accountable for peoples poor choices. If poverty becomes too easy because of government handouts, more will choose it as the path of least resistance.
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