do you favor an alt max tax?

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Anarchist420

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Feb 13, 2010
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it would be best to have no taxes, but i think that it would be a lot better than now if there was an alternative maximum tax where no one pays the u.s. govt more than $1mn. there was an alt max tax of 88% when the top marginal rate was 91%. do you favor an alt max tax of any kind? why or why not?

Virginia's taxes will be going up and that really sucks ass.
 

HomerJS

Lifer
Feb 6, 2002
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it would be best to have no taxes, but i think that it would be a lot better than now if there was an alternative maximum tax where no one pays the u.s. govt more than $1mn. there was an alt max tax of 88% when the top marginal rate was 91%. do you favor an alt max tax of any kind? why or why not?

Virginia's taxes will be going up and that really sucks ass.

Because my concern lies with people paying a higher percentage of their income in taxes and necessities.
 

bignateyk

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Apr 22, 2002
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And how exactly would our (or any) society function without taxes. Who would maintain the roads? I guess we could turn every road into a toll road owned by thousands of different people. That would be fun, stopping to pay a toll every half mile as you enter a new road.
 

piasabird

Lifer
Feb 6, 2002
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So do you make enough money to get to the top bracket? How much money do you have to make for that?

I think it would be a fun activity to do away with automatically deducting income taxes. Let everyone write a check at the end of the year and see how that works out!

I was thinking roads come from Property Taxes. Maybe they come from State and Federal income tax as well. I know highways use Some federal taxes. However the STATE is paying for a lot of that.
 
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piasabird

Lifer
Feb 6, 2002
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There are a lot of deductions that a person could use to lessen their taxes. So unless you are dumb you must be taking advantage of some of these deductions. A lot of rich folks make a lot of money from the bond and stock market which has a tax rate of like %15.
 
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EagleKeeper

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Oct 30, 2000
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There are a lot of deductions that a person could use to lessen their taxes. So unless you are dumb you must be taking advantage of some of these deductions. A lot of rich folks make a lot of money from the bond and stock market which has a tax rate of like %15.

Munis are 0 tax
 
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