Should the income tax be abolished? |
The income tax should be abolished because other taxes are sufficient to run this country- it's the politicians that are the problem.
Real estate taxes, business taxes and sales taxes raise enough money to run our country. It's the corruptness of politicians that ruin the economy, with their paying off the buddies and non-entities that help get them elected or giving huge contracts to their friends. Not only that, but why should I be paying taxes for social security when it will be bankrupt soon and I continually see my retirement benefits going down?
Posted by: Nik0InteriorYes, income tax should be abolished.
My take on the income tax is that it's purely useless. Instead of leaving us to what's left after the gov't takes its share from our paycheck, leave us to our FULL paycheck and have us "voluntarily" put directly back into the economy. I mean, that's what they do with the money, no? On another note regarding the "it funds welfare programs..." Why can't we just stop feeding money to the lower class, force them to get jobs and not to rely on our generous gov't to throw them money every month. The butterfly effect this would have on our economy could possibly change our position and direct it to getting out of debt. Period. No loopholes.
Posted by: AnonymousI think so because we are just taxed too much.
We get taxed for pretty much everything we have. We get taxed for the money that we get and that we spend. We get tax on insurance, on medical, on gas, on the cars. I think income tax is just pushing it. It's hard to live a life where all the money you earn is taxed.
Posted by: AnonymousJust Say No To The Slave Tax
The income tax is the most totalitarian of all taxes.
Its implementation wrongly suggests that the government owns the lives and labor of the citizens it is supposed to represent.
Americans must come to understand the source of the money that funds the government and where it goes.
Contrary to the sound bites issued by the two Lame Stream Political Parties and their Lame Stream News Media Bobble Heads, the reality of how the system actually works should not only open their eyes, but hopefully get them and their single digit IQ to demand that the thievery and slavery come to an end.
Income tax represents 1/3 of Uncle Scams revenue. I can cut 1/3 right off the top of their wasteful spending and kill two birds with one stone, wasteful spending and the Slave Tax, I mean Income Tax.Posted by: AnonymousWhy tax when you can print money?
1. Option 1: Printing money increases inflation. So at 5% inflation, your $100 will be worth $95 next year. This is effectively a 5% tax rate on all the US currency (rich or poor). And you can't avoid getting taxed this way, you just have to live with it.
2. Option 2: The government has vastly greater land and natural resources at its disposable than all the Fortune 100 companies combined. Instead of sitting on all that wealth and taxing people unnecessarily, the government's role should be on generating wealth for itself and it's people. It is really simple really when you think about it.
Ashok Mani
akmani@gmail.comPosted by: AnonymousSales Tax only 50 states. Fair tax for rich and poor alike.
Income tax is not fair. You get penalized for being successful, which is why so many with wealth use loopholes to lower it. INCOME TAX NOT FAIR!!!
Instead, tax ALL SALES, but at something like 35%. Then what you earn you keep, rich or poor! No tax returns, no games, no accountants and no IRS. You only pay when you buy. Buy more, pay more, buy less, pay less.
Here is how this is 100% fair, RICH or POOR.
Poor: Buy used car for $10,000, pay 35% tax of $3,500.
Rich: Buy new $100,000 luxury car, pay 35% tax of $35,000.
Rich person pays 35K, poor person pays 3.5K.
For property taxes, increase it to 10%, but when you pay it off you OWN your home. With property taxes forever, NO ONE EVER OWNS THEIR OWN HOME!
Variations of this plan paying taxes only at the "register" would actually get the government MORE money upfront to reduce the deficit, and we would all know where we stood. If a candidate would run on this "Republicrat", they would win and be a hero. Someone DO IT!
I am too busy doing my massive income taxes to run.Posted by: AnonymousIncome tax fundamentally flawed
We need to replace the income tax with a dramatically increased VAT based on consumption. Income tax punishes work and rates are unfair, disproportionate and ever increasing. A poor person has less to spend and will consume less and hence be taxed less. A wealthy person will be taxed on his higher consumption/spending especially with high end and luxury purchases and pays a lot more. You could also abolish the corporate tax rates as well if companies were brought into the fold of the consumption tax. The replacement VAT rate would be high, but it would be right, far simpler and fair for all.
Posted by: AnonymousThe IRS and Federal Income Tax is a FRAUD!!!!
There are a number of reasons that the income tax is a fraud. First, the 16th Amendment was never properly ratified. (IRS calls this frivolous) Second, the IRS has to use bluff, lies and completely ignore your legal Constitutional rights to collect. They force you to sign papers making yourself liable for an income tax that you wouldn't normally sign and that are actually a lie. (The income tax is only suppose to apply to Federal Government Employees or people who live or work in a Federal Zone.
Also, the word "income" is not defined in the Internal Revenue Code. The legal meaning of "income" is "profit" or "gain". The IRS says that all the work you do is worthless. The money you receive from your employer is a gift out of the goodness of his heart. The employer can write off everything he pays you but, you cannot write off your training, your sweat, and the time it takes to do the job. TO THE IRS, YOU ARE WORTHLESS!!! If you are being paid $12.00 per hour, that is a "gift" from your employer. Your work is not worth $12.00 per hour, so you cannot write any of it off for your efforts and labor. TO THE IRS, YOUR LABOR IS WORTHLESS!!!Posted by: AnonymousIRS is much too powerful and obviously corrupt - Abolish the income tax
Repeal the 16th amendment and end the income tax. The IRS is and for as long as I know been out of control. Why do we give them so much power. Why do we tax a person's work? We could have a consumption tax if needed. This would prevent people from the horror of the IRS. Let there be no mistake we need to cut spending. We also need to stop the government and their special interest robbing us blind, bullying us and taking our freedoms away. This can be done we need a grass roots movement to take our country back. The current tax code is a disgrace, made by sold out politicians sold out to special interest. The have dictated policy though the tax code. Policy should be dictated through policy only. If not a consumption tax at least a very simple flat tax with one standard deduction
Absolutely zero deductions including mortgage, by the way why is it fair to deduct mortgage interest but not rent? Please stop the nonsense now!Posted by: AnonymousThe tax code is outdated
Like anything else in America the tax code and all of it's inherit pages of loophole after loophole for things that probably don't even exist today. We are a consumption nation, why don't we just have a Federal Flat tax, that can only be raised by a national vote? We have a problem with cutting out cancer in our nation. Our leaders don't want to have it on their watch!!! We would lose a lot of jobs by diminishing the IRS, but we would also gain back our freedoms ten fold. Prospective Politicians wouldn't be able to use this as a wedge, they would have to win by sheer vision for a better nation and not payback for a campaign donation. We could couple this with term limits and really get this country competitive again!!! None of what we are seeing today was what was envisioned for the powers that be. This country would benefit from simplicity and FAIR consumption tax, with some room in there for helping the Old and the really poor. We owe it to our children to leave a better place, so far we haven't
-AlPosted by: AnonymousSimple capitalism
Any form of income tax or inflation caused by the Fed's printing money sucks money from the private sector and pours it into the public one. As the failures of communism and socialism or even a quick trip to the nearby DMV can show you, individuals and privately-run businesses are far better at making decisions in their own interest than is the government. Some sort of minimal, flat rate should still exist to fund the military and basic infrastructure, but these hardly call for the current massive tax, which unfairly burdens the higher quintile (the same group who run companies and create jobs). Capital Flight is already very real, as seen by all the companies leaving California, a state with massive corporate taxes used to fund social programs (approximately 1/3 of our nation's welfare recipients live there– only about 1/10 of the population).
Posted by: NadsatI agree with abolishing income tax since we shouldn't have others always depend on us.
When we look at our paychecks, we frown when we see how much of our pay is taken out for taxes. Why should we have to use our money which we worked hard for to pay for others mistakes? We pay for those on welfare. We pay for those in prison. Why do we, people who earn a living by working, have to pay for those who don't do anything to help themselves? Clearly, it becomes one-sided, which makes the greater of the population at a disadvantage.
Posted by: R4PTybaIncome tax is theft
My pay check is money that my employer exchanges for my labor, it isn't income.
You can church taxes up all you want by claiming that the money will go toward "necessary" programs, but if I am given no choice in even where the money goes, let alone whether or not I pay at all, then it is theft. If you have to force people to participate in a "good cause," then it is wrong.Posted by: AnonymousIt's immoral and hampers economic growth.
It hampers economic growth, creativity and innovation. Handing out what you earn with threat that you'll be coerced into prison if you don't, is immoral. Its your hard earned money. The income tax is not the same as a sales tax because in the action of a sale, you at least have a choice to make a purchase or not. For the income tax, you have no choice. It's you hard earned money. Individuals with more capital and cash are more likely to efficiently spend/invest them, much more than the government.
Posted by: AnonymousPay as you go
Other means of tax collections (eg sales tax, property tax, special assessment, etc) should allow equal percent of tax to be corrected. Say if you make $100, and don't spent it at all, should it be taxed? If you haven't spent the money at all, you are not realizing the income, despite the pesudo "realized gain" term used in capital gain classifications. Only when the money is spent, it should be taxed because you have just realized the gain. The argument that higher sales tax hinders spending therefore impact economy is analogous to the saying "let's discourage saving cuz we don't care if people don't have money to retire on"
Posted by: AnonymousSick and tired of paying for the lazy
Hard working, honest people are not responsible for babysitting the 47%. If we could all just get it together and call the fed on it, we wouldn't be in such a mess. Sadly those who pay taxes will slowly become a minority and the U.S. will go bankrupt. Oh wait, that already happened. If they raise taxes on the working, I'll take my money and run, because we, as a country are screwed!
Posted by: AnonymousThe income tax should be abolished, because it unfairly taxes certain segments of society, and unfairly rewards other segments.
The income tax should be abolished, because it unfairly taxes certain segments of society, and unfairly rewards other segments. Some segments of society pay no taxes at all. A fixed consumption tax would tax everyone fairly. The working poor would pay some tax, the rich would pay more tax, and the underground economy would pay no tax.
Posted by: jackprague94The income tax should be abolished because there are plenty of other ways to collect taxes.
I doubt that there is a person in the United States that smiles when they see how much of their paycheck was kept for taxes. It's demoralizing and angering. A few European countries have successfully done away with income taxes by raising other taxes such as sales taxes. Of course products are more expensive but with the added amount of money you would receive on your paycheck, it evens out. Higher property taxes would be another way; again, since you are getting your whole paycheck, it would even out. These are ways of paying taxes that are not as disheartening as seeing that you are not receiving all the money you worked for.
Posted by: BrianDjThe income tax is a punitive tax, and should be replaced by a consumption tax.
The income tax system is a punitive system that punishes the wealthy and middle class. According to the IRS, the top 5% of all wage earners pay more than 50% of the taxes. People with large families and other taxpayers are given special loopholes to allow them to pay little or no taxes. A consumption tax would be more fair, allowing individuals to make to choice whether to purchase something and allowing the government to collect the same amount of taxes from whoever is purchasing it, regardless of income.
Posted by: KourtneyBIt's actually not constitiutional
The 16th admendment actually states it is a "voluntary" tax, and the Supreme Court has ruled that wages are personal property. The Federal Reserve is the one who makes the money for the Government to spend, and the income tax we actually pay goes toward the interest on those debts. In 1913, the Federal Reserve was created (which is not a governmental institution) and, subsquently, the IRS and the FBI were made the same year. The Federal Reserve needed some avenue to get the money back from which the government borrowed...and that's the federal income tax! Find out how the Federal Reserve got their money?
Posted by: AnonymousI oppose income tax because it grossly unfair and punishes the worker for making money.
As a former member of the 'lower class' I can attest to this. When the only job you are qualified to do is retail work, you need every little bit you can get. But if you work hard to get that little bit more, it's promptly taken in taxes. Try to work overtime in that situation and see what it's worth. You loose 2/3 of the check and then even more because some how an extra 100 dollars, that you didn't actually get, puts you in the next tax bracket. They get you coming and going! That money is best used by the person who earned it, to invest, save or give as they choose.
Posted by: R0II4IcyAbolish it. The Feds have plenty of money.
They are just horrible at spending it. Why do we rely on a national government for infrastructure? If more money stays in the state, there will be more money for the state to build and maintain its own infrastructure. Some states may even have their own income tax. That is the states and their resident voters business. We shouldn't have to beg the feds to get a fair share of our own money back. Want to "improve society"? Start with local and state government where your vote counts.
Posted by: AnonymousI agree that income tax should be abolished because taxing is just making everyone poorer, closing businesses, and proving that the necessities in life are getting harder to afford.
People cannot afford to keep their homes, buy the things they need, or keep their businesses going if taxes are imposed. Higher taxes only give the illegal aliens all the benefits such as welfare, medical help, and a decent place to live. The people that have lived here all their lives are getting the short end of the stick. Unaffordable living will pound this country into the ground if higher taxes are imposed.
Posted by: Ch4KaiBecause the IRS and Federal Income Tax is a fraud.
There are a number of reasons that the income tax is a fraud. First, the 16th Amendment was never properly ratified. (IRS calls this frivolous) Second, the IRS has to use bluff, lies and completely ignore your legal Constitutional rights to collect. They force you to sign papers making yourself liable for an income tax that you wouldn't normally sign and that are actually a lie. (The income tax is only suppose to apply to Federal Government Employees or people who live or work in a Federal Zone.
Also, the word "income" is not defined in the Internal Revenue Code. The legal meaning of "income" is "profit" or "gain". The IRS says that all the work you do is worthless. The money you receive from your employer is a gift out of the goodness of his heart. The employer can write off everything he pays you but, you cannot write off your training, your sweat, and the time it takes to do the job. If you are being paid $12.00 per hour, that is a "gift" from your employer. Your work is not worth $12.00 per hour, so you cannot write any of it off for your efforts and labor.Posted by: AnonymousI oppose the income tax because it is unfair.
I think the whole tax structure is obsolete and unbalanced. I also believe that the IRS in its entirety is a huge waste of money. We should scrap the whole tax system and put a sales-only tax in place. If we were charged taxes only at the point of sale we would eliminate the complexity of filing and tracking tax returns and therefore eliminate the IRS and reduce the tax burden. There would be no penalty for saving your money or transferring it to a loved one, and people would be more prudent about the stuff they bought, eliminating unwanted purchases and tax debt altogether. You would be able to localize funding for general programs to make sure the money is spent where it is generated.
Posted by: TenHoratThe income tax should be abolished because government is taking our money illegally and wasting it.
Income tax is imposed on the American populace by force and threat of legal action. However, there is no law that requires the population to pay income tax. Even worse, the government takes the money they collect and spends it in a wasteful way. Finally, the tax code is so complex and contradictory that it is impossible to properly figure out the proper amount of taxes a person owes. It is messed up and needs to be abolished.
Posted by: groovyboxTaxing Labor is Theft
An income tax is essentially theft. By its nature, the government forcibly takes property from you, which you have acquired through labor. Furthermore, with the legality of an income tax, the government owns all of your wages and simply decides what portion you are allowed to keep. Government revenues should come from taxes on imports and a consumption tax.
Posted by: AnonymousI have never understood the concept of taxing a person's income.
I feel that the Federal, State, Local, Property, Sales, Sin, and Inheritance taxes should more than cover all of the expenses incurred by the government and its agencies. Why tax income on top of all of these other taxes? It seems redundant and really serves no purpose other than to further line the already heavily laden, and seemingly bottomless, pockets of government officials.
Posted by: CowardlyJoan92Income tax should be done away with as we pay enough taxes on everything else.
By the time a tax-paying citizen has his income taxed, then taxed again and again for purchases and services, he's only taking in about 60% or less of his original income. Instead of taxing income, the government should stop spending money it doesn't have on things we don't need--like a space program.
Posted by: N3vinFaceEveryone pays.
With a flat tax everyone pays. There are plenty of people in this country where this collection would be more than substantial to the Gov. Illegals, children, hobos, business people all will pay tax on money they spend so the Gov can start raking it in to their greedy hearts desire. Plus as a bonus no one goes to jail for "cheating on their taxes". Therefore you choose what to buy and how to spend your hard earned money.
Posted by: AnonymousFreedom is the goal. Federal reserve bank and federal govt power has done nothing but destroy the country.
Federal reserve bank should be destroyed, with it the federal income tax. I would replace with a 1% defense tax to fund our military and a 1% tax to go solely to paying down the national debt-once paid off it ceases, the Fed has no constitutional authority to do anything else other than protect us with a military. Cap gains tax repealed to spur economic investment. SS would be privatized so no politician could take out of it, nor could any other citizen, its yours to manage-for your own self. Each state would decide how to tax for its welfare programs (which should not be profitable for long-term living but for temporary assistance until new employment is found), roads, police, public servants, and so on. I think an 8 percent state tax rate along with the 2 fed would be more than enough to run the country. Imagine business' only paying 8 percent with only necessary regulations, business would boom everywhere and workers' pay and raises would go way up as well. Tax free overtime over 37.5 hrs. or 8 hrs per day and tax free bonuses up to $50000. I choose the old USA where economic opportunity reigned supreme over the welfare state. Liberals can't understand, the best way to help everybody is to reward work, not laziness.
Posted by: Astelli
The income tax should not be abolished because it goes towards paying for things like social security and defense.
The income tax should not be abolished because it does help pay for a number of national programs, including social security, the military, law enforcement, and infrastructure. While most would agree that a lot of that money is wasted with pork, there are still many programs that do benefit from that revenue stream. If the tax was abolished, everyone would immediately feel the impact of that action.
Posted by: SandDariThe income tax should not be abolished since it is the major source of funding for the federal government.
The income tax is needed to provide money for the services and defense needs of the American people. Many complain about the income tax as being unfair and punishing, which I also disagree with. Of coarse there are ways the income tax structure could be improved, but to think that this major source of government funding could be abolished is pure folly.
Posted by: F ClaytonIts a nessecary evil
Other types of taxes actually take more from your income then a low flat income tax rate. For example, a flat tax would create 5 trillion dollars (1/3 of our current economy) if the Harvard economists are correct. Other taxes are, really, not practical. Tariffs is what we used to use, however even if we cut spending and pass a balanced budget amendment I don't think it would generate enough revenues, and it would lead to trade wars with other nations as we would inevitably have higher tariffs on countries we don't like...
Posted by: 16kadamsThe income tax should not be abolished because it's too much of a source of our federal money.
The income tax should not be abolished because it's too much of a source of our federal money. No one likes paying it and there are disparities and complications that should be fixed, but you don't throw the baby out with the bathwater. Property taxes wouldn't be practical because so many people don't own property and sales taxes are too punitive on the poor.
Posted by: H0bi3InvaderNo, income tax should not be abolished, since no one has come up with another way of paying for infrastructure.
While I like keeping as much of my money as possible, I also like roads, and other infrastructure-type services. Unless some other fair plan of paying for that infrastructure comes into existence, it can't be abolished. Somebody has to pay for the things everyone uses, and while not perfect, income tax pays for the infrastructure, while attempting to be fair.
Posted by: B0rdKoolNo, we cannot afford to abolish it.
When our country has the second highest national debt in the world and we are still running up a deficit there is no logical reason to abolish a tax that generates a huge percentage of state income. If income tax were to be abolished then it would be impossible to pay off our national debt.
Posted by: AnonymousAlthough I don't think that income taxes are always fair from person to person, they are used to pay for important things and are necessary.
If we didn't all contribute with our income taxes as US Citizens, there wouldn't be money for many government sponsored programs and other related things that we probably don't even realize that money is used for. As much as we might hate to watch so much of our hard earned dollars to go taxes, they are a necessary evil.
Posted by: jaamataThe government will need income from elsewhere.
If income taxes are abolished, the government will need to collect revenue from other sources. Property taxes and sales taxes will probably skyrocket. In addition, services such as free public education that we take for granted are most likely not going to be free. The bottom line is that if income taxes are abolished, we will bear the cost in other ways.
Posted by: FeIBuddyNecessary Evil
Anybody who thinks that income tax can be abolished and have the country still work fine on other tax means clearly has no grasp on how economics works....
Posted by: imabenchAbolishing the income tax would merely shift the tax to other parts of the financial environment.
If government was to abolish the income tax, you had better believe that this would just lead to an increase of tax elsewhere, namely sales tax or property tax. The government would still need the same amount of money; just because you're not paying directly from your pay check does not mean you're not paying from somewhere else. A more appropriate approach would be to implement a flat percentage income tax that all Americans would pay; the only truly fair way.
Posted by: EbasM0nk3yThe Lesser of All Evils
A low flat tax, say 9% would be enough to balance the budget and would over 10 years increase GDP by $7.6 trillion, which would vastly improve economic growth, prosperity, and increase living standards and economic freedom. Other taxes, such as sales taxes, are highly fluctuative, so in a recession we would run high deficits, and these sales taxes harm our exports (I believe they would be applied to these?) Also, sales taxes are more regressive, and I believe a low flat tax is overall less harmful than a sales tax, for reasons I have shown. Also tacking on a 25% tax on goods is just going to hurt families across this nation, as it applies to all goods, and it would encourage exchanging goods in the underground market.
Posted by: ContraThe income tax should not be abolished, because it is right for members of society to contribute to the whole.
The income tax should not be abolished. The revenue that the government has obtained over the decades from the income tax has done a lot of good, built a lot of things, employed people, and taken care of the elderly, no matter what a few cranks want to erroneously grumble about, in regards to the government. It is appropriate for all members of a society to contribute to the common good and, indeed, in most human societies, there is some mechanism in place that requires everyone to contribute to a common fund, although sometimes that fund may be misappropriated by the elite class.
Posted by: tagappsWithout income tax how can we have a fair society
Income tax brings in large amounts of revenue, without it we wouldn't be able to pay for hospitals, food for the very poor, schools, or boosting the economy. Income tax is another way to make money go around, and distribute it into people and places who desperately need it. We don't have a bottomless pit of money, we actually do need income tax to help us spend money to improve society.
Posted by: peteSales Tax is Regressive
In order for government to function and spend, it needs revenue. This is the fundamental purpose of taxation. Now, the way that revenue is gained is the tough question. In the US we currently have sales tax, income tax, payroll tax, capital gains/dividends/carried interests tax, corporate tax, excise tax, property tax, tariffs, estate and gift tax and a few other minor ones.
Well, you might say, there definitely seems to be enough types of taxes out there to compensate for abolishing the income tax! Maybe so, but in 2010 income tax accounted for 41% of the federal receipts. Is this easily replaceable and, if feasible, really desirable?
The most popular counter-proposal (other than austerity and cutting an obscene amount of spending) seems to be the FairTax. The FairTax is simply a one-time consumption tax on retail sales of 23% in the first year. It would abolish pretty much every other tax we have currently. At first glance, this sounds amazing. It would be an extremely simple system. We could finally abolish the IRS and all the accountants and tax lawyers. Now, we would be able to pay the entirety of our taxes while while we purchase goods and services. It would incentivize saving and investment, possibly improving the economy.
Of course, nothing can ever be so simple. The one advantage of our income tax is that it adds a much-needed progressive element to an otherwise flat and sometimes even regressive tax code. Now I won't go into flat rates as it is irrelevant to this question. Simply put, the FairTax would be regressive.
There is a term to define consumer behavior in economics called marginal propensity to spend (MPSp). As it turns out, as you move further down the income brackets, MPS increases. Why? Well, think about it. Say you make $20,000/yr. Are you going to have enough disposable income to save and invest? Of course not. You are much more concerned with living expenses, and end up spending most of what you earn. Now because of this new 23% sales tax, you end up spending more for every purchase you make.
Let's move back up the brackets. You now make $200,000/yr. Living a comfortable life, you find that you have a decent amount of disposable income. What do you do with it? Well, you could spend it, but you have basically everything you need, and so maybe you splurge a few times a year. Finding that you still have a good chunk of money left, you decide to let it grow by investing. This is low MPSp.
As you can see, there are clearly winners and losers in this scenario. How many yachts are billionaires realistically going to buy? Consumption is largely driven by the middle class, with the working class spending pretty much everything it makes.
From a practical standpoint, it is highly doubtful that the FairTax would match current tax revenue, without the ancillary action of cutting spending dramatically (these tend to go hand in hand.) But from more of a philosophical standpoint, do we really want a society where the better off are free to accumulate obscene wealth while the middle class and the poor keep the government running?
Personally, I'm very frugal. I don't buy much, and am a somewhat successful investor. I would very much benefit from a pure sales tax. However, the last thing the consumer class of the country (the 99%) needs is an increased tax burden and less spending power. The key to economic growth and creating jobs in our economy is increasing consumer demand, so let's not dampen it and ruin our chance at a more prosperous future.Posted by: alexomegasIncome tax is necessary to fund projects.
The income tax should definitely not be abolished. The money that comes from the tax should be used to fund projects that create more jobs. If the tax can work as a positive influence to the economy, it should be seen as a good thing that pays off. Taxes can only come from so many sources and it should be the responsibility of every contributing member of society to help.
Posted by: TedieDelightNo, this is not a rational idea.
If America wants to continue to have a military, social security, or even roads, we must have income taxes. Income taxes on individuals account for 45% of a federal tax money in 2012.
Over 2 trillion dollars are spent on programs for citizens and without income taxes raising this money would not be possible.Posted by: AnonymousNo, because I agree more with the European and Canadian system of governing.
I think taxes should be raised, based on income. It should be a percentage of what you earn, not a standard base line. I think that, by raising wages and using this tax system, we are giving people more money, so that they end up with even more money after they have paid their income tax.
Posted by: DefeatedWillianI'm not a big fan of taxes at all but I'd rather have them than fed sales taxes or a consumption tax.
Income taxes only affect the middle class and rich. But payroll taxes only effect the poor and middle class and sales taxes effect every one. Consumption taxes would discourage spending which is something we need in this economy. Folks just pay your income taxes. Nobody likes paying them but believe it or not they're better than others.
Posted by: jbsDASHIf not the income tax, what else?
States drive taxes through tolls, and sales taxes. So by the government not doing an income tax, what else can it do but raise taxes in other means. In this aspect all we end up doing is taxing ourselves in a more unnecessary way. That's just how the matters are in this case.
Posted by: Bear