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On October 25 2011 12:47 HellRoxYa wrote:Show nested quote +On October 25 2011 12:34 Muffinman53 wrote:On October 25 2011 12:03 jeremysaint wrote:
i swear americans live on another planet sometimes. the usa is going broke because of its ridiculously low taxes. 3rd lowest in western world. you dont need a tax cut, and unless you really hate people with low income you dont need a federal sales tax or any kind of flat tax.
sometimes complex problems and systems don't have a simple answer, and a tax code you pulled out of your ass on a whim will not help your finacial woes. if there are problems with the current system fix the problems, close the loopholes, force republicans to cooperate with the us govt and president for the good of the country, at least once. Yeah it's almost like no other country is in debt. Damn those Americans. Speaking for Sweden, we've been reducing our debt since the mid 90's, while still doing quite well in all major political areas (domestically and internationally). Sure, everyone has debt, but not everyone has a system that's heading for a trainwreck.
The economy of Sweden and the economy of the United States are not even remotely comparable in any way. What works for one will not work for another.
"Debt" is not a bad thing. Ridiculous, run away spending resulting in hilariously high debt is.
On October 25 2011 12:47 aethereality wrote:Show nested quote +Wikipedia:
Perry graduated in 1972 with a Bachelor of Science degree in animal science with a 2.5 GPA.
Hahahaha. A public state university, and he couldn't even try hard enough to get a GPA over 3.0? People actually want to elect a slacker? I mean, you'd have to be sitting around all day with your thumb up your ass to get a GPA that low. I truly do not trust people like this to run an entire nation. J.R. Bob Dobbs help us TT Edit: Also, animal science? Hmm....
A 2.5? How the hell...
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On October 25 2011 12:01 Viciousvx wrote:
Breaking News: Rick Perry, Unlikely to Be Nominated Has Announced Free MuthaTrucking Rainbows and Unicorns!
You Get a Ron Paul, You get a Ron Paul, EVERYONE GETS A RON PAUL!
lol, this comment needs more love :D
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oh god when will republicans notice that the tax codes need to be fixed and in return tax rates for the wealthy will inevitably go up
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On October 25 2011 12:01 Viciousvx wrote:
Breaking News: Rick Perry, Unlikely to Be Nominated Has Announced Free MuthaTrucking Rainbows and Unicorns!
You Get a Ron Paul, You get a Ron Paul, EVERYONE GETS A RON PAUL!
Political analysis right here^. The candidates need plans that make sense.
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Even though this plan may help out the middle class, many citizens will lose their jobs as an immediate result with only a chance that the amount of jobs will be increased down the road. I personally don't see this plan as being efficient enough in creating jobs to warrant passing.
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On October 25 2011 12:53 dhe95 wrote:
oh god when will republicans notice that the tax codes need to be fixed and in return tax rates for the wealthy will inevitably go up
Once they start the move toward the center, which ought to be in about ten years depending on whether Obama or Romney get elected. Romney would bring the country to the center because he's effectively the heir to the now dead liberal republican wing, whereas Obama is too polarizing to even things out.
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On October 25 2011 11:48 Saryph wrote:
Here is a short selection from the above link:
My plan also abolishes the death tax once and for all, providing needed certainty to American family farms and small businesses. …
[/i]
Just to make it clear. The "death tax" he is referring to, known as the estate task to those of us who do not watch fox news religiously, exempts the first $5 MILLION you leave to your family, and if you have a spouse, you can leave an UNLIMITED amount to your spouse, who can then leave another $5 MILLION to your kids. Only after that first 5 to 10 MILLION dollars does the estate tax BEGIN to take a CUT from the rest.
TL;DR: I don't know what Perry either doesn't understand estate tax, using the term "small business" in a misleading way... but he's apparently wants to help out all the kids inheriting more than $5 to $10 MILLION dollars.
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On October 25 2011 12:34 aksfjh wrote:Show nested quote +On October 25 2011 12:32 Zooper31 wrote:The new flat tax preserves mortgage interest, charitable and state and local tax exemptions for families earning less than $500,000 annually, and it increases the standard deduction to $12,500 for individuals and dependents Why on earth do people that make $500,000 a year have a choice to not pay regular taxes? Lower that down to like $50,000 and below and I'll I won't laugh at it. Seriously do all republicans just not want to pay taxes at all? This is just a Tax plan that lowers the tax rates of the rich imo which need to go up not down. It's the other way around. Below $500k, you get to deduct mortgage interest and other things from taxable income. Above the $500k, you have to play it all.
Thats whats so stupid. Why does someone at $75k-499k a year need any kind of benefit at all.
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On October 25 2011 12:50 WTFZerg wrote:
Perry graduated in 1972 with a Bachelor of Science degree in animal science with a 2.5 GPA.
.
Perry got a degree in science? That might explain the 2.5.
And what's animal science? The science of animals...wiki says the study of domesticated animals.
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On October 25 2011 12:50 WTFZerg wrote:Show nested quote +On October 25 2011 12:47 HellRoxYa wrote:On October 25 2011 12:34 Muffinman53 wrote:On October 25 2011 12:03 jeremysaint wrote:
i swear americans live on another planet sometimes. the usa is going broke because of its ridiculously low taxes. 3rd lowest in western world. you dont need a tax cut, and unless you really hate people with low income you dont need a federal sales tax or any kind of flat tax.
sometimes complex problems and systems don't have a simple answer, and a tax code you pulled out of your ass on a whim will not help your finacial woes. if there are problems with the current system fix the problems, close the loopholes, force republicans to cooperate with the us govt and president for the good of the country, at least once. Yeah it's almost like no other country is in debt. Damn those Americans. Speaking for Sweden, we've been reducing our debt since the mid 90's, while still doing quite well in all major political areas (domestically and internationally). Sure, everyone has debt, but not everyone has a system that's heading for a trainwreck. The economy of Sweden and the economy of the United States are not even remotely comparable in any way. What works for one will not work for another. "Debt" is not a bad thing. Ridiculous, run away spending resulting in hilariously high debt is. Show nested quote +On October 25 2011 12:47 aethereality wrote:Wikipedia:
Perry graduated in 1972 with a Bachelor of Science degree in animal science with a 2.5 GPA.
Hahahaha. A public state university, and he couldn't even try hard enough to get a GPA over 3.0? People actually want to elect a slacker? I mean, you'd have to be sitting around all day with your thumb up your ass to get a GPA that low. I truly do not trust people like this to run an entire nation. J.R. Bob Dobbs help us TT Edit: Also, animal science? Hmm.... A 2.5? How the hell...
Why in the world would it not be comparable? You have a different system, that much is true. How that leads you to conclude that one could not adopt (let alone compare) the others system, not even in theory, is lost on me however.
And I never said debt in itself is a bad thing. Thank you so much for putting words in my mouth.
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On October 25 2011 13:02 acker wrote:Show nested quote +On October 25 2011 12:50 WTFZerg wrote:
Perry graduated in 1972 with a Bachelor of Science degree in animal science with a 2.5 GPA.
. Perry got a degree in science? That might explain the 2.5. And what's animal science? The science of animals...wiki says the study of domesticated animals.
It's the degree you get to become a vet.
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LOL.
Another one bites the dust. I figured Perry didn't have a chance at the republican nomination anyway due to his religious extremism.
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On October 25 2011 13:02 Zooper31 wrote:Show nested quote +On October 25 2011 12:34 aksfjh wrote:On October 25 2011 12:32 Zooper31 wrote:The new flat tax preserves mortgage interest, charitable and state and local tax exemptions for families earning less than $500,000 annually, and it increases the standard deduction to $12,500 for individuals and dependents Why on earth do people that make $500,000 a year have a choice to not pay regular taxes? Lower that down to like $50,000 and below and I'll I won't laugh at it. Seriously do all republicans just not want to pay taxes at all? This is just a Tax plan that lowers the tax rates of the rich imo which need to go up not down. It's the other way around. Below $500k, you get to deduct mortgage interest and other things from taxable income. Above the $500k, you have to play it all. Thats whats so stupid. Why does someone at $75k-499k a year need any kind of benefit at all.
Yea. Compared to those above $500k, they're living lives of luxury. Those millionaires are hurtin these days with the hate train making stops in their towns left and right.
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I'm a conservative myself and I do not like this plan at all. I would much rather make the current tax rates flatter than institute an extremely regressive 20% flat tax, although I guess it would all depend on the deductions people would still get.
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Canada27 Posts
So, the solution is to lower the taxes for people earning over 75k, I don't understand why this will help anything.
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On October 25 2011 13:04 HellRoxYa wrote:Show nested quote +On October 25 2011 12:50 WTFZerg wrote:On October 25 2011 12:47 HellRoxYa wrote:On October 25 2011 12:34 Muffinman53 wrote:On October 25 2011 12:03 jeremysaint wrote:
i swear americans live on another planet sometimes. the usa is going broke because of its ridiculously low taxes. 3rd lowest in western world. you dont need a tax cut, and unless you really hate people with low income you dont need a federal sales tax or any kind of flat tax.
sometimes complex problems and systems don't have a simple answer, and a tax code you pulled out of your ass on a whim will not help your finacial woes. if there are problems with the current system fix the problems, close the loopholes, force republicans to cooperate with the us govt and president for the good of the country, at least once. Yeah it's almost like no other country is in debt. Damn those Americans. Speaking for Sweden, we've been reducing our debt since the mid 90's, while still doing quite well in all major political areas (domestically and internationally). Sure, everyone has debt, but not everyone has a system that's heading for a trainwreck. The economy of Sweden and the economy of the United States are not even remotely comparable in any way. What works for one will not work for another. "Debt" is not a bad thing. Ridiculous, run away spending resulting in hilariously high debt is. On October 25 2011 12:47 aethereality wrote:Wikipedia:
Perry graduated in 1972 with a Bachelor of Science degree in animal science with a 2.5 GPA.
Hahahaha. A public state university, and he couldn't even try hard enough to get a GPA over 3.0? People actually want to elect a slacker? I mean, you'd have to be sitting around all day with your thumb up your ass to get a GPA that low. I truly do not trust people like this to run an entire nation. J.R. Bob Dobbs help us TT Edit: Also, animal science? Hmm.... A 2.5? How the hell... Why in the world would it not be comparable? You have a different system, that much is true. How that leads you to conclude that one could not adopt (let alone compare) the others system, not even in theory, is lost on me however. And I never said debt in itself is a bad thing. Thank you so much for putting words in my mouth.
Look at American politics. We're not going to be adopting your system of political-economy anytime soon (even though I personally prefer something closer to it than what we have now). Sweden has a lot more regulation and a larger welfare state if I remember correctly (social democratic?) and the US is a liberal (not as in left, but as in primarily individual freedom) system with little regulation and a smaller welfare state. There are pros and cons to each. US tends to have more inequality and Sweden is arguably more inefficient. Unfortunately, US doesn't have a strong left leaning party. Republicans have a strong conservative base and democrats are a more loose coalition of different groups that isn't even really left at all compared to any of Sweden's political groups.
As for the Rick Perry Plan, I'm not a fan. Everyone getting the 20% sounds fair, but the last $100 of my income is worth a lot more than the last $100 of a CEO's income. And I have no idea how this will work in regards to revenue. Not entirely sure how all the deductible stuff works so I'll wait till I read some more about it.
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On October 25 2011 13:13 Alou wrote:Show nested quote +On October 25 2011 13:04 HellRoxYa wrote:On October 25 2011 12:50 WTFZerg wrote:On October 25 2011 12:47 HellRoxYa wrote:On October 25 2011 12:34 Muffinman53 wrote:On October 25 2011 12:03 jeremysaint wrote:
i swear americans live on another planet sometimes. the usa is going broke because of its ridiculously low taxes. 3rd lowest in western world. you dont need a tax cut, and unless you really hate people with low income you dont need a federal sales tax or any kind of flat tax.
sometimes complex problems and systems don't have a simple answer, and a tax code you pulled out of your ass on a whim will not help your finacial woes. if there are problems with the current system fix the problems, close the loopholes, force republicans to cooperate with the us govt and president for the good of the country, at least once. Yeah it's almost like no other country is in debt. Damn those Americans. Speaking for Sweden, we've been reducing our debt since the mid 90's, while still doing quite well in all major political areas (domestically and internationally). Sure, everyone has debt, but not everyone has a system that's heading for a trainwreck. The economy of Sweden and the economy of the United States are not even remotely comparable in any way. What works for one will not work for another. "Debt" is not a bad thing. Ridiculous, run away spending resulting in hilariously high debt is. On October 25 2011 12:47 aethereality wrote:Wikipedia:
Perry graduated in 1972 with a Bachelor of Science degree in animal science with a 2.5 GPA.
Hahahaha. A public state university, and he couldn't even try hard enough to get a GPA over 3.0? People actually want to elect a slacker? I mean, you'd have to be sitting around all day with your thumb up your ass to get a GPA that low. I truly do not trust people like this to run an entire nation. J.R. Bob Dobbs help us TT Edit: Also, animal science? Hmm.... A 2.5? How the hell... Why in the world would it not be comparable? You have a different system, that much is true. How that leads you to conclude that one could not adopt (let alone compare) the others system, not even in theory, is lost on me however. And I never said debt in itself is a bad thing. Thank you so much for putting words in my mouth. Look at American politics. We're not going to be adopting your system of political-economy anytime soon (even though I personally prefer something closer to it than what we have now). Sweden has a lot more regulation and a larger welfare state if I remember correctly (social democratic?) and the US is a liberal (not as in left, but as in primarily individual freedom) system with little regulation and a smaller welfare state. There are pros and cons to each. US tends to have more inequality and Sweden is arguably more inefficient. Unfortunately, US doesn't have a strong left leaning party. Republicans have a strong conservative base and democrats are a more loose coalition of different groups that isn't even really left at all compared to any of Sweden's political groups. As for the Rick Perry Plan, I'm not a fan. Everyone getting the 20% sounds fair, but the last $100 of my income is worth a lot more than the last $100 of a CEO's income. And I have no idea how this will work in regards to revenue. Not entirely sure how all the deductible stuff works so I'll wait till I read some more about it.
Actually turns out Sweden has quite a few of unregulated economic sectors. I don't think they're more heavily regulated than the US in the economic sense
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On October 25 2011 13:04 HellRoxYa wrote:Show nested quote +On October 25 2011 12:50 WTFZerg wrote:On October 25 2011 12:47 HellRoxYa wrote:On October 25 2011 12:34 Muffinman53 wrote:On October 25 2011 12:03 jeremysaint wrote:
i swear americans live on another planet sometimes. the usa is going broke because of its ridiculously low taxes. 3rd lowest in western world. you dont need a tax cut, and unless you really hate people with low income you dont need a federal sales tax or any kind of flat tax.
sometimes complex problems and systems don't have a simple answer, and a tax code you pulled out of your ass on a whim will not help your finacial woes. if there are problems with the current system fix the problems, close the loopholes, force republicans to cooperate with the us govt and president for the good of the country, at least once. Yeah it's almost like no other country is in debt. Damn those Americans. Speaking for Sweden, we've been reducing our debt since the mid 90's, while still doing quite well in all major political areas (domestically and internationally). Sure, everyone has debt, but not everyone has a system that's heading for a trainwreck. The economy of Sweden and the economy of the United States are not even remotely comparable in any way. What works for one will not work for another. "Debt" is not a bad thing. Ridiculous, run away spending resulting in hilariously high debt is. On October 25 2011 12:47 aethereality wrote:Wikipedia:
Perry graduated in 1972 with a Bachelor of Science degree in animal science with a 2.5 GPA.
Hahahaha. A public state university, and he couldn't even try hard enough to get a GPA over 3.0? People actually want to elect a slacker? I mean, you'd have to be sitting around all day with your thumb up your ass to get a GPA that low. I truly do not trust people like this to run an entire nation. J.R. Bob Dobbs help us TT Edit: Also, animal science? Hmm.... A 2.5? How the hell... Why in the world would it not be comparable? You have a different system, that much is true. How that leads you to conclude that one could not adopt (let alone compare) the others system, not even in theory, is lost on me however. And I never said debt in itself is a bad thing. Thank you so much for putting words in my mouth.
Sweden has a fraction of the GDP and population of the United States. You simply cannot compare the economic ideologies of the two nations at any relevant level.
Also I didn't put words in your mouth. I'll be sure to get your permission next time I start another train of thought in the same post.
Edit: Not that I'm saying there's all that much wrong with Sweden. They're probably the only EU nation that is worth half a damn (excluding the big three) and their government showed incredible wisdom in rejecting the idea of using the Euro for currency.
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On October 25 2011 12:28 randomKo_Orean wrote:
This is stupid as hell. This is like "free get out of paying taxes" card for the wealthy. And people ask why Occupy Wall Street is gaining so much ground.
On October 25 2011 13:13 Alou wrote:
As for the Rick Perry Plan, I'm not a fan. Everyone getting the 20% sounds fair, but the last $100 of my income is worth a lot more than the last $100 of a CEO's income.
The sad part is that the super rich would elect NOT to take Perry's 20% option, because under the current US income tax regime, the super rich actually pay LESS THAN 20%.
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On October 25 2011 12:47 aethereality wrote:Show nested quote +Wikipedia:
Perry graduated in 1972 with a Bachelor of Science degree in animal science with a 2.5 GPA.
Hahahaha. A public state university, and he couldn't even try hard enough to get a GPA over 3.0? People actually want to elect a slacker? I mean, you'd have to be sitting around all day with your thumb up your ass to get a GPA that low. I truly do not trust people like this to run an entire nation. J.R. Bob Dobbs help us TT Edit: Also, animal science? Hmm....
his transcript is quite impressive:
+ Show Spoiler +
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EPT![[image loading]](http://htmlimg4.scribdassets.com/60msl1lj7k12giph/images/1-e6702e1c14.jpg)
