Would you be willing to pay more in taxes if there was a flat rate?

[Kaido]

Let's say the government decided that taxes were too hard for your average joe to do, so they decided to set a flat rate of 40% across the board for all taxes and make it so that you didn't have to take care of any tax forms at the end of the year (assuming current average taxes are around 33%). Would you do it? I know I would...one less thing to worry about

 

[leftyman]

no. why would I want to pay more taxes. I pay enough.

 

[MikeyIs4Dcats]

no

 

[Engineer]

No.

Originally posted by: leftyman
no. why would I want to pay more taxes. I pay too much now.

Fixed.

 

[yllus]

What a weird question. Who cares how you pay if you end up paying more?

 

[jhayx7]

Flat tax is stupid. Even at a U of Nebraska visit, Bill Gates and Warren Buffet were opposed a flat tax system. Their reason is that the tax system is "too flat" already, they think the economy would see better gains if we implamented a tax system that would tax the rich more and the poor less.

Taxes are not that hard to do.

 

[Brainonska511]

Progressive tax is as fair as it could be. Though, the current progressive tax system could use some trimming down and closing of loopholes.

Flat Tax/National Sales Tax/etc are all bs.

 

[pontifex]

40% for EVERYTHING or just income?

 

[Canun]

Chances are you would pay more anyways. One of the supposed bonuses is the ease of filing taxes. No more figuring out what exemptions and standard deductions you have. About the only true savings that people would recognize is that they don't need a tax preparer.

 

[daveymark]

when I was poor, I wouldn't have had a problem with it. now that I'm rollin' in it, hell no

 

[Engineer]

Originally posted by: Canun
Chances are you would pay more anyways. One of the supposed bonuses is the ease of filing taxes. No more figuring out what exemptions and standard deductions you have. About the only true savings that people would recognize is that they don't need a tax preparer.

And all of the tax businesses and lawyers would go out of business. Not going to happen.

 

[Tom]

progressive tax rates isn't why doing taxes is complex, the reason is all the loopholes and social engineering that Congress/President think up. Then IRS has to figure out how to implement hundreds of conflicting goals.

 

[tfcmasta97]

Originally posted by: Engineer
No.

Originally posted by: leftyman
no. why would I want to pay more taxes. I too much now.

Fixed.

I too much now?

You didnt fix it at all! YOU BORKED IT!

 

[Engineer]

Originally posted by: tfcmasta97

Originally posted by: Engineer
No.

Originally posted by: leftyman
no. why would I want to pay more taxes. I pay too much now.

Fixed.

I too much now?

You didnt fix it at all! YOU BORKED IT!

Fixed now!



(Give me a break today, I've had a fever of 101 for 3 days now and it can't seem to shake it!)

 

[Canun]

Originally posted by: Engineer

Originally posted by: Canun
Chances are you would pay more anyways. One of the supposed bonuses is the ease of filing taxes. No more figuring out what exemptions and standard deductions you have. About the only true savings that people would recognize is that they don't need a tax preparer.

And all of the tax businesses and lawyers woud go out of business. Not going to happen.

Agreed, and I work for the people who make TurboTax.

 

[Kaido]

Originally posted by: daveymark
when I was poor, I wouldn't have had a problem with it. now that I'm rollin' in it, hell no

haha :thumbsup:

 

[Kaido]

Originally posted by: pontifex
40% for EVERYTHING or just income?

Just income. Or 30%, or whatever is closer to the national average.

 

[Linflas]

Originally posted by: Engineer

Originally posted by: Canun
Chances are you would pay more anyways. One of the supposed bonuses is the ease of filing taxes. No more figuring out what exemptions and standard deductions you have. About the only true savings that people would recognize is that they don't need a tax preparer.

And all of the tax businesses and lawyers woud go out of business. Not going to happen.

You say that like it's a bad thing.

 

[Engineer]

Originally posted by: Linflas

Originally posted by: Engineer

Originally posted by: Canun
Chances are you would pay more anyways. One of the supposed bonuses is the ease of filing taxes. No more figuring out what exemptions and standard deductions you have. About the only true savings that people would recognize is that they don't need a tax preparer.

And all of the tax businesses and lawyers would go out of business. Not going to happen.

You say that like it's a bad thing.

hehe!

By the way, I would think that the poor would actually end up paying something on the flat tax scale (vs getting back more than they pay in now) and the rich would acutally pay less. I think poor pay more, middle class pay more and rich pay less in the grand scheme of things, but that's just my opinion.

 

[FoBoT]

let me think about it


NO WAY!

 

[Whoozyerdaddy]

Originally posted by: Kaido

Originally posted by: pontifex
40% for EVERYTHING or just income?

Just income. Or 30%, or whatever is closer to the national average.

Eesh... After my deductions, my effective tax rate was about 14% this year. ($87k in gross income / $12k+ in actual tax paid) Let's start with a flat tax in that range. 30% or 40% would be insane.

 

[Kelvrick]

Maybe, if it eliminates all other taxes.

Even then, how are they supposed to know what your income is? You'd still need to report stocks, interest gains, and all that other stuff. Not everyone works (though a lot do) for a business that send out a neat W2 every year.

 

[purbeast0]

404 - logic not found.

 

[SViper]

umm.....no.

Current tax rate + paying someone else to do your taxes < 40% flat rate.

 

[Jeff7]

Progressive taxes or consumption tax FTW.

It's the old argument against flat taxes. Let's say for 33%:
Someone making $100K/year will be down to ~$67K/year, and will whine about not being able to afford a new sports car.

Someone making $20K/year will be down to ~13K/year, and will whine about not being able to afford any place to live.