Targeted tax cuts vs. marginal rate reductions

[NonSequiter]

In regards to dmcowen's thread about the Kerry tax proposals, do you feel like I do that candidates talking about targeted tax credits is a waste of time and effort? Sure, you can say it's a "tax cut," but many don't even bother to consider a tax credit as a cut, just something which if we happen to qualify for, that's great. Is Kerry being too clever by half by not just focusing on the marginal tax rate (the "top line" rate) rather than tinkering around the edges?

 

[MrDudeMan]

i would participate in this poll but i hate you for your name being so long. it truly is really annoying.

 

[dmcowen674]

Originally posted by: Q36ExplosiveSpaceModulator
In regards to dmcowen's thread about the Kerry tax proposals, do you feel like I do that candidates talking about targeted tax credits is a waste of time and effort? Sure, you can say it's a "tax cut," but many don't even bother to consider a tax credit as a cut, just something which if we happen to qualify for, that's great. Is Kerry being too clever by half by not just focusing on the marginal tax rate (the "top line" rate) rather than tinkering around the edges?

Originally posted by: MrDudeMan
i would participate in this poll but i hate you for your name being so long. it truly is really annoying.

You're not kidding, you would think the Forum software would have a universal limit and fixed character distance so it wouldn't have to re-position the word wrap box all over the place.

Oh and Marvin, like Bush's Tax cuts for wealthy haven't been a waste of time and effort???

Of course if you are a member of the RBC you pocketed that load of money and sent a boat load of it to your Nation Building over in India and China as well at the expense of your lower Caste Americans.

 

[Dissipate]

Originally posted by: Q36ExplosiveSpaceModulator
In regards to dmcowen's thread about the Kerry tax proposals, do you feel like I do that candidates talking about targeted tax credits is a waste of time and effort?

Yes. Targeted tax cuts are an instance where government passes judgment on your role in society, this is not government's place to do so.

 

[Tom]

Why not include the other option, increasing the level of income at which tax rates begin, doesn't this also affect everybodies taxes, but with a greater emphasis on lower wage workers ?

 

[dmcowen674]

Originally posted by: Dissipate

Originally posted by: Q36ExplosiveSpaceModulator
In regards to dmcowen's thread about the Kerry tax proposals, do you feel like I do that candidates talking about targeted tax credits is a waste of time and effort?

Yes. Targeted tax cuts are an instance where government passes judgment on your role in society, this is not government's place to do so.

They do that now but the wealthy are "Targeted" for benefits and you don't see a problem with that do you?

 

[Gravity]

Originally posted by: dmcowen674

Originally posted by: Dissipate

Originally posted by: Q36ExplosiveSpaceModulator
In regards to dmcowen's thread about the Kerry tax proposals, do you feel like I do that candidates talking about targeted tax credits is a waste of time and effort?

Yes. Targeted tax cuts are an instance where government passes judgment on your role in society, this is not government's place to do so.

They do that now but the wealthy are "Targeted" for benefits and you don't see a problem with that do you?

That's mainly because the "wealthy" as you put it, are the ones that PAY the most taxes. Giving tax breaks to those that don't pay taxes or otherwise targeting the wealthy to carry more of the burden is the worst and most obvious form of socialism.

 

[Dissipate]

Originally posted by: dmcowen674

Originally posted by: Dissipate

Originally posted by: Q36ExplosiveSpaceModulator
In regards to dmcowen's thread about the Kerry tax proposals, do you feel like I do that candidates talking about targeted tax credits is a waste of time and effort?

Yes. Targeted tax cuts are an instance where government passes judgment on your role in society, this is not government's place to do so.

They do that now but the wealthy are "Targeted" for benefits and you don't see a problem with that do you?

The wealthy are not targeted for benefits. On the contrary under the current tax system the wealthy pay for the vast majority of government services. In any event, I do not believe the government has any place giving one group benefits based on their role in society perceived by government, wealthy, poor, old, black or white. The idea that people can be pigeon holed into this category or that category and receive benefits accordingly is ludicrious.

Child tax credits, earned income credits, this credit that credit. All based on the government's definition of who you are. Who I am is none of the government's business and frankly anyone who receives benefits from the government through the tax code(or any other part of governement) is effectively having a barcode slapped on their head.

 

[Sspidie99]

Originally posted by: Dissipate

Originally posted by: dmcowen674

Originally posted by: Dissipate

Originally posted by: Q36ExplosiveSpaceModulator
In regards to dmcowen's thread about the Kerry tax proposals, do you feel like I do that candidates talking about targeted tax credits is a waste of time and effort?

Yes. Targeted tax cuts are an instance where government passes judgment on your role in society, this is not government's place to do so.

They do that now but the wealthy are "Targeted" for benefits and you don't see a problem with that do you?

The wealthy are not targeted for benefits. On the contrary under the current tax system the wealthy pay for the vast majority of government services. In any event, I do not believe the government has any place giving one group benefits based on their role in society perceived by government, wealthy, poor, old, black or white. The idea that people can be pigeon holed into this category or that category and receive benefits accordingly is ludicrious.

Child tax credits, earned income credits, this credit that credit. All based on the government's definition of who you are. Who I am is none of the government's business and frankly anyone who receives benefits from the government through the tax code(or any other part of governement) is effectively having a barcode slapped on their head.

Then lets get rid of all tax credits, including those to wealth businesses. No more tax breaks, no more loop holes. Lets just do an across the board tax on everything and everyone. No more, one person pays a larger percentage, no more, company A hasn't have to taxes in the last five years. Equal taxes, equal worth.

 

[LordMagnusKain]

it depends on what side will best stimulate the most efficient total production.

if demand need to go up, targeted, if supply need to be of reduced cost, marginal;

 

[Dissipate]

Originally posted by: Sspidie99

Originally posted by: Dissipate

Originally posted by: dmcowen674

Originally posted by: Dissipate

Originally posted by: Q36ExplosiveSpaceModulator
In regards to dmcowen's thread about the Kerry tax proposals, do you feel like I do that candidates talking about targeted tax credits is a waste of time and effort?

Yes. Targeted tax cuts are an instance where government passes judgment on your role in society, this is not government's place to do so.

They do that now but the wealthy are "Targeted" for benefits and you don't see a problem with that do you?

The wealthy are not targeted for benefits. On the contrary under the current tax system the wealthy pay for the vast majority of government services. In any event, I do not believe the government has any place giving one group benefits based on their role in society perceived by government, wealthy, poor, old, black or white. The idea that people can be pigeon holed into this category or that category and receive benefits accordingly is ludicrious.

Child tax credits, earned income credits, this credit that credit. All based on the government's definition of who you are. Who I am is none of the government's business and frankly anyone who receives benefits from the government through the tax code(or any other part of governement) is effectively having a barcode slapped on their head.

Then lets get rid of all tax credits, including those to wealth businesses. No more tax breaks, no more loop holes. Lets just do an across the board tax on everything and everyone. No more, one person pays a larger percentage, no more, company A hasn't have to taxes in the last five years. Equal taxes, equal worth.

I agree. That's why I wrote this.