Tax the Churches

[This_person]

Originally Posted by Pandora

In a flat tax system, the income is taxed after a certain level of income in reached. There has been talk of a $30K family friendly tax cap and anything over that is taxed at a percentage rate. If the paster gets the cap on the income earned as his families salary, then anything over that would be subjected to a flat tax rate.

So now that you've drilled me with your questions, I'd sure love to hear your solution?

My point was that a flat tax, or a progressive tax as you've described it, is even easier to overcome than our overly complicated and abusive/abused system is now. The level of income would drop drastically in this country (on paper), and the standard of living of rich would skyrocket, with the standard of living for middle and lower class individuals dropping like a rock due to the massively increased burden.

My solution - as is and tweak, tweak, tweak.

[Nucklesack]

Originally Posted by Pandora

In a flat tax system, the income is taxed after a certain level of income in reached. There has been talk of a $30K family friendly tax cap and anything over that is taxed at a percentage rate. If the paster gets the cap on the income earned as his families salary, then anything over that would be subjected to a flat tax rate.

So now that you've drilled me with your questions, I'd sure love to hear your solution?

Unfortunately you didnt answer T_P's question. Your missing teh fact that the CEO/Pastor/Businesmen will then change his income so it falls below the 30K cap, all the while still living in the multimillion mansion.

Because thats a Net Worth, not an income.

[Pandora (Premo)]

Originally Posted by Nucklesack

Unfortunately you didnt answer T_P's question. Your missing teh fact that the CEO/Pastor/Businesmen will then change his income so it falls below the 30K cap, all the while still living in the multimillion mansion.

Because thats a Net Worth, not an income.

Then get rid of the cap (not that that will ever happen - because if this country went with a flat tax - I believe a cap would be imposed) but with any proposed flat tax system it shows that all proceeds, earnings from corporations/companies are also taxed at a flat rate, therefore, saying the CEO/Pastor/Businessman would just adjust his/her income really wouldn't be of any benefit. The tax would be collected one way or another or it is consider tax evasion.

I was, at one time, completely against flat tax but over the years, I think the idea is worth taking a look at. Our tax system shouldn't be this complicated and the only way to get fair and equitable is through such a system, in my opinion.

[This_person]

Originally Posted by Pandora

Then get rid of the cap (not that that will ever happen - because if this country went with a flat tax - I believe a cap would be imposed) but with any proposed flat tax system it shows that all proceeds, earnings from corporations/companies are also taxed at a flat rate, therefore, saying the CEO/Pastor/Businessman would just adjust his/her income really wouldn't be of any benefit. The tax would be collected one way or another or it is consider tax evasion.

I was, at one time, completely against flat tax but over the years, I think the idea is worth taking a look at. Our tax system shouldn't be this complicated and the only way to get fair and equitable is through such a system, in my opinion.

And there's the beauty of the scam - it's a business expense to provide those things, so it wouldn't be a part of the business's income, it would be part of their operating costs. Win win for big money.