Ron Paul: Running for President

[thegreekdog]

I don't think there has been a time in history when people liked tax collectors. Honestly, I don't blame the IRS for much. They are doing their jobs.

[Phatscotty]

In all seriousness, what is the "middle?" Replace it with another tax collection agency? I don't know how you collect tax without the IRS or an equivalent.

something that is closer to respecting liberty and choice. less "confiscating". how about for simplicity and equality? I'm sure Dog knows exactly, but American spend a zillion hours every year doing tax forms, and a zillion dollars doing it.

I do not have to have the perfect taxation system handy in order to identify that our current tax system is a club used by politicians who are dominated by special interest to give favors/penalize(DISCRIMINATE) to special groups/classes/friends/campaign contributors/ and a LOT OF BILLIONAIRES! Don't forget the billionaires! (don't worry, I know you didnt)

I am sure you would agree with me that Americans are losing more and more of their freedoms as time goes on, and this has been happening for a while now. Do you really think the IRS has nothing to do with that? As they grow bigger and bigger, and enforce more and more tax laws. I mean how many pages is the tax code now? 16,000 pages? oh, and here are the new weapons that the IRS is brandishing since the start of 2011.



https://www.fbo.gov/index?s=opportunity ... ck=1&au&ck



Hmm, looks like someone is preparing for close combat...er....I mean more freedom!

[thegreekdog]

That second picture is fake, but funny nonetheless.

Note the second guy in lind has "CPA" on his helmet and the third person has "MBA."

[Phatscotty]

That second picture is fake, but funny nonetheless.

Note the second guy in lind has "CPA" on his helmet and the third person has "MBA."

fixed. I had 4 pictures up, but lets just stay with the shotguns.

[GreecePwns]

something that is closer to respecting liberty and choice. less "confiscating". how about for simplicity and equality? I'm sure Dog knows exactly, but American spend a zillion hours every year doing tax forms, and a zillion dollars doing it.

What choice do you want? To not pay your taxes? Then Greece is the country for you! Tax evasion has been used as a form of protest there for decades! Until now, paying off auditors has been rivaling basketball and soccer for the title of national sport.

Seriously, Greek just said above that he doesn't blame the IRS for much and has also stated that he wants a new tax bracket for those truly wealthy, instead of lumping those who make $1 million with those who make multiple billions. It makes sense.

I do not have to have the perfect taxation system handy in order to identify that our current tax system is a club used by politicians who are dominated by special interest to give favors/penalize(DISCRIMINATE) to special groups/classes/friends/campaign contributors/ and a LOT OF BILLIONAIRES! Don't forget the billionaires! (don't worry, I know you didnt)

The solution for that is 100% publicly funded campaigns and I've said over and over why this is the case. Of course our nation is going in the opposite direction, and essentially says money is a form of speech, and those who have the most speak the loudest. When one's freedom to do something diminishes another's freedom to do the same, there is a problem with giving that sort of freedom.

I am sure you would agree with me that Americans are losing more and more of their freedoms as time goes on, and this has been happening for a while now. Do you really think the IRS has nothing to do with that? As they grow bigger and bigger, and enforce more and more tax laws. I mean how many pages is the tax code now? 16,000 pages? oh, and here are the new weapons that the IRS is brandishing since the start of 2011.

In the end, there is no way you collect taxes without an IRS equivalent. They just do their jobs in collecting taxes, and the politicians do their friends a favor. But if they had no reason to do their friends a favor (i.e. campaign donations/ads/general help, which is pretty much the only reason) then there would be less "special interest" loopholes and a more fair tax code.

[BigBallinStalin]

The question shouldn't primarily lie on taxes. The questions should be directed on the expenditures and their cost-effectiveness and the long-term costs from their intended and unintended consequences.

The main problem with surrogate decision-making, or central planning, is that those people, who use this systemic process, presume that they know how to spend other people's wealth more wisely than everyone else. They override the knowledge, judgment, and experiences of everyone affected, and then replace that wisdom with their own extremely limited wisdom.

[Phatscotty]

http://politicalticker.blogs.cnn.com/20 ... omination/

[Phatscotty]

In all seriousness, what is the "middle?" Replace it with another tax collection agency? I don't know how you collect tax without the IRS or an equivalent.

The local 7-11 seems to have a handle on collecting sales taxes. Not to get all radical or anything.

[GreecePwns]

In all seriousness, what is the "middle?" Replace it with another tax collection agency? I don't know how you collect tax without the IRS or an equivalent.

The local 7-11 seems to have a handle on collecting sales taxes. Not to get all radical or anything.

I thought we were talking about income taxes. Sorry dude.

[Phatscotty]

In all seriousness, what is the "middle?" Replace it with another tax collection agency? I don't know how you collect tax without the IRS or an equivalent.

The local 7-11 seems to have a handle on collecting sales taxes. Not to get all radical or anything.

I thought we were talking about income taxes. Sorry dude.

I thought I was talking about a better way to raise revenue for the gov't than by taxing income DUDE!!!

[GreecePwns]

In all seriousness, what is the "middle?" Replace it with another tax collection agency? I don't know how you collect tax without the IRS or an equivalent.

The local 7-11 seems to have a handle on collecting sales taxes. Not to get all radical or anything.

I thought we were talking about income taxes. Sorry dude.

I thought I was talking about a better way to raise revenue for the gov't than by taxing income DUDE!!!

Then what? Ron Paul favors getting rid of the IRS because is favors getting rid of federal taxes altogether. That's not the "middle" that you think we'll find if he's elected.

If you want to cut taxes so badly, the first tax I would cut is sales tax of any kind. They are regressive taxes and provide no direct benefit to those who bear the largest burden of them, unlike say Social Security. And that's not to say that consumption taxes should be created, because they are even more regressive.

[jay_a2j]

Did you see the panel of "undecided voters" after last night's debate? They where overwhelmingly for the Godfathers Pizza CEO.... are you kidding me???? Rigged. Nuff said.

[thegreekdog]

In all seriousness, what is the "middle?" Replace it with another tax collection agency? I don't know how you collect tax without the IRS or an equivalent.

The local 7-11 seems to have a handle on collecting sales taxes. Not to get all radical or anything.

I thought we were talking about income taxes. Sorry dude.

I thought I was talking about a better way to raise revenue for the gov't than by taxing income DUDE!!!

Then what? Ron Paul favors getting rid of the IRS because is favors getting rid of federal taxes altogether. That's not the "middle" that you think we'll find if he's elected.

If you want to cut taxes so badly, the first tax I would cut is sales tax of any kind. They are regressive taxes and provide no direct benefit to those who bear the largest burden of them, unlike say Social Security. And that's not to say that consumption taxes should be created, because they are even more regressive.

Sales taxes aren't collected by the federal government.

There needs to be a broadening of the federal corporate income tax with a corresponding rate reduction. That would help the most.

[BigBallinStalin]

There needs to be a broadening of the federal corporate income tax with a corresponding rate reduction. That would help the most.

I thought if one is a corporation, then they get taxed with the federal corporate income tax--end of story.

How does one broaden that tax while reducing it? Into what areas can it expand?


(Bear with me because I hardly know anything about taxes, Dr. thegreekdog.)

[Phatscotty]

Ron Paul is running it's official!

You will have to excuse me as I can not pull up any Ron Paul clips from his announcement this morning. They are down atm. Too much traffic?

Unite the Clans

[thegreekdog]

There needs to be a broadening of the federal corporate income tax with a corresponding rate reduction. That would help the most.

I thought if one is a corporation, then they get taxed with the federal corporate income tax--end of story.

How does one broaden that tax while reducing it? Into what areas can it expand?


(Bear with me because I hardly know anything about taxes, Dr. thegreekdog.)

Well, the first thing I would do is to treat all industries equally. Coal mining companies shouldn't get special deductions that supermarket companies don't get (or whatever). I would eliminate any special deductions, effectively (not credits though). That's what I mean by broadening. You're not expanding the tax per se, you're just applying it to a broader base. They might also want to think about killing other deductions.

Related aside - So most of us know that the federal corporate income tax rate is 35%. Did you know that any monies already taxed that are distributed to shareholders also bears tax? Corporate income is taxed twice. A fascinating concept that I'm not sure most members of Congress are aware of.

[Phatscotty]

Greek, might I assume you feel like if Ron Paul wins it will affect your career?

[thegreekdog]

Greek, might I assume you feel like if Ron Paul wins it will affect your career?

Contrary to popular belief the president doesn't write the tax laws (or pass them). He merely signs them. He won't affect my career in a negative way, no. If Congress was composed of Rand or Ron Pauls and the president was Ron Paul, it would affect my career, yes.

[Phatscotty]

Greek, might I assume you feel like if Ron Paul wins it will affect your career?

Contrary to popular belief the president doesn't write the tax laws (or pass them). He merely signs them. He won't affect my career in a negative way, no. If Congress was composed of Rand or Ron Pauls and the president was Ron Paul, it would affect my career, yes.

okies.

[Phatscotty]

http://www.youtube.com/watch?v=2k6ndLnJlkg

Ron Paul announced on the George Stephanoplis show.

THE TIME IS RIGHT, THE TIME IS NOW!

[BigBallinStalin]

There needs to be a broadening of the federal corporate income tax with a corresponding rate reduction. That would help the most.

I thought if one is a corporation, then they get taxed with the federal corporate income tax--end of story.

How does one broaden that tax while reducing it? Into what areas can it expand?


(Bear with me because I hardly know anything about taxes, Dr. thegreekdog.)

Well, the first thing I would do is to treat all industries equally. Coal mining companies shouldn't get special deductions that supermarket companies don't get (or whatever). I would eliminate any special deductions, effectively (not credits though). That's what I mean by broadening. You're not expanding the tax per se, you're just applying it to a broader base. They might also want to think about killing other deductions.

Related aside - So most of us know that the federal corporate income tax rate is 35%. Did you know that any monies already taxed that are distributed to shareholders also bears tax? Corporate income is taxed twice. A fascinating concept that I'm not sure most members of Congress are aware of.

(thanks, TGD, you get another Blue Ribbon)

[Timminz]

Related aside - So most of us know that the federal corporate income tax rate is 35%. Did you know that any monies already taxed that are distributed to shareholders also bears tax? Corporate income is taxed twice. A fascinating concept that I'm not sure most members of Congress are aware of.

Don't forget the fact that sales tax, and property tax must be paid out of after-tax income. So, shareholders who own property or pay sales tax are, in-effect, having their money taxed triply.

[thegreekdog]

Related aside - So most of us know that the federal corporate income tax rate is 35%. Did you know that any monies already taxed that are distributed to shareholders also bears tax? Corporate income is taxed twice. A fascinating concept that I'm not sure most members of Congress are aware of.

Don't forget the fact that sales tax, and property tax must be paid out of after-tax income. So, shareholders who own property or pay sales tax are, in-effect, having their money taxed triply.

Correct. No deductions for property taxes or sales taxes at the corporate level (or taxes paid by shareholders).

Also - there are non-income based, non-deductible taxes (franchise taxes, gross receipts taxes, excise taxes), and there is personal income tax withholding (for employees), and there is the concept of abandoned and unclaimed property (where a company has money that it owes someone else that the someone else hasn't collected yet... that money is required to go to the state where it is "kept" by the state until the original owner claims it - the state, of course, spends the money... I believe it's Delaware's second highest source of revenue). That was a long paranthetical.

[BigBallinStalin]

TGD, does a LLC incur less corporate-related taxes than a "non-LLC" corporation (for lack of a better term)?

[Phatscotty]

Chris Matthews Coming around to Ron Paul? I think maybe so!!!!

http://www.youtube.com/watch?v=GCHsft3aei0

Chris really tries to nail him on the drug issue (Paul is for legalization) and then they get into a huge fight about liberty.

Ron Paul at his best.