(02-07-2015 01:55 PM)RobertN Wrote:  

(02-05-2015 07:53 PM)UConn-SMU Wrote:  Maybe I need to renounce my American citizenship, leave the country, and then re-enter illegally.

$$$

I would prefer you leave and NOT come back if you hate this country that much. But then again, I would feel bad for some unsuspecting country take you in.

Do your fellow liberals know how intolerant you are?

(02-07-2015 01:48 PM)RobertN Wrote:  

(02-05-2015 03:22 PM)200yrs2late Wrote:  

(02-05-2015 02:49 PM)Kaplony Wrote:  

(02-05-2015 02:45 PM)Fitbud Wrote:  

(02-05-2015 02:43 PM)Kaplony Wrote:  Since you employed these "independent contractors" you gave them 1099 forms correct?

They didn't request one.

That doesn't matter. As the entity issuing payment you are required to issue one.

Correct, and you were supposed to request a W-9 that verifies SSN or TIN and the legals status of the individual or contractor.

Better look out for Obama's IRS thugs Fit...

Why? If they won't go after temp firms, what makes you think they will go after him(fyi, this could be said since at least back to Reagan, probably before that- Repub and Dem alike).

It was said in jest. Only if the amount was rather large and someone at the IRS had a hardon for Fit would they bother with an audit. The only other way it could really be brought about is if the illegals reported it and the cross-referenced with Fit's returns or if the department of labor wanted to investigate to see if the illegals were really 1099 contractors or employees. Again, it was said in jest.

Temp firms are required to do a minimal screening to determine if the individual is legally qualified to work here. The main burden lies with the applicant when he signs saying he can legally work here and provide the necessary documents to support that fact.

(02-07-2015 01:36 PM)DefCONNOne Wrote:  

(02-07-2015 11:19 AM)Fo Shizzle Wrote:  This issue is another is a long list of reasons we need a consumption tax and and end to confiscation of the fruits of our labors using withholding.

Spoiler Alert: The consumption tax does NOT work!!

I point to the Europeans as an example of its (lack of) effectiveness.

No system works when you spend more than you take in. Many of the EU's problems have little to do with the the method in which revenue is confiscated. It has to do with the way it is spent. Germany seems to being doing fine on the VAT.

Ill take HR 25 any day over the fcking mess we have now. Is it perfect? No. I would though accomplish the removal of the 16 amendment,withholding and the chore of yearly tax filing while totally untaxing the poor. Just having a system that is transparent and simple far outweighs any minor problems with it IMO. BTW...We already have consumption taxes in America. They finance plenty of things on the State and local levels. Switching to a Federal sales tax would be very easy. The infrastructure is already in place.

(02-07-2015 11:34 AM)Fitbud Wrote:  

(02-07-2015 11:19 AM)Fo Shizzle Wrote:  This issue is another is a long list of reasons we need a consumption tax and and end to confiscation of the fruits of our labors using withholding.

I would be all for that. But you know the rich would never go for it.

Im not sure that is entirely true.

(02-08-2015 10:36 AM)Fo Shizzle Wrote:  

(02-07-2015 11:34 AM)Fitbud Wrote:  

(02-07-2015 11:19 AM)Fo Shizzle Wrote:  This issue is another is a long list of reasons we need a consumption tax and and end to confiscation of the fruits of our labors using withholding.

I would be all for that. But you know the rich would never go for it.

Im not sure that is entirely true.

It is because rich consume the most so they would pay the most.

(02-08-2015 11:44 AM)Fitbud Wrote:  

(02-08-2015 10:36 AM)Fo Shizzle Wrote:  

(02-07-2015 11:34 AM)Fitbud Wrote:  

(02-07-2015 11:19 AM)Fo Shizzle Wrote:  This issue is another is a long list of reasons we need a consumption tax and and end to confiscation of the fruits of our labors using withholding.

I would be all for that. But you know the rich would never go for it.

Im not sure that is entirely true.

It is because rich consume the most so they would pay the most.

It's more complicated than that. The currently wealthy have probably made a good deal of their expensive purchases like their homes and cars. Granted what they do purchase will be more expensive and taxed higher than the non-wealthy, but the savings on the earned income from investments has to be taken into account.

Personally I don't believe a straight consumption tax is the way to go. It needs to be a hybrid with a minimal income tax to provide for a very limited amount of services while the consumption tax would pay for most of discretionary spending. Regardless of which type of system is in place, the underlying problems have to be solved first. Entitlements have to be reduced and wasteful spending have to be eliminated.

Why not a "transaction" tax?

(02-08-2015 11:59 AM)Fitbud Wrote:  Why not a "transaction" tax?

How very liberal of you!!

It's better than a consumption tax.

(02-08-2015 11:44 AM)Fitbud Wrote:  

(02-08-2015 10:36 AM)Fo Shizzle Wrote:  

(02-07-2015 11:34 AM)Fitbud Wrote:  

(02-07-2015 11:19 AM)Fo Shizzle Wrote:  This issue is another is a long list of reasons we need a consumption tax and and end to confiscation of the fruits of our labors using withholding.

I would be all for that. But you know the rich would never go for it.

Im not sure that is entirely true.

It is because rich consume the most so they would pay the most.

They already pay the most.

(02-08-2015 11:44 AM)Fitbud Wrote:  

(02-08-2015 10:36 AM)Fo Shizzle Wrote:  

(02-07-2015 11:34 AM)Fitbud Wrote:  

(02-07-2015 11:19 AM)Fo Shizzle Wrote:  This issue is another is a long list of reasons we need a consumption tax and and end to confiscation of the fruits of our labors using withholding.

I would be all for that. But you know the rich would never go for it.

Im not sure that is entirely true.

It is because rich consume the most so they would pay the most.

Most of the consumption tax plans are revenue neutral. The rich would not have to pay more than they do now. In fact that rich would benefit in other ways from a consumption tax...specifically lower costs of tax compliance. Many experts predict that a consumption tax would spur economic growth. This would benefit the wealthiest of us also. I see nothing to indicate that the rich would overly oppose a change in our tax structure.

A consumption tax does not work!! At all!!

(02-08-2015 08:38 PM)Fo Shizzle Wrote:  

(02-08-2015 11:44 AM)Fitbud Wrote:  

(02-08-2015 10:36 AM)Fo Shizzle Wrote:  

(02-07-2015 11:34 AM)Fitbud Wrote:  

(02-07-2015 11:19 AM)Fo Shizzle Wrote:  This issue is another is a long list of reasons we need a consumption tax and and end to confiscation of the fruits of our labors using withholding.

I would be all for that. But you know the rich would never go for it.

Im not sure that is entirely true.

It is because rich consume the most so they would pay the most.

Most of the consumption tax plans are revenue neutral. The rich would not have to pay more than they do now. In fact that rich would benefit in other ways from a consumption tax...specifically lower costs of tax compliance. Many experts predict that a consumption tax would spur economic growth. This would benefit the wealthiest of us also. I see nothing to indicate that the rich would overly oppose a change in our tax structure.

1 percent of 1 million is a hell of a lot more that 1 percent of 20k.

That's why the rich would oppose it.

(02-08-2015 08:42 PM)DefCONNOne Wrote:  A consumption tax does not work!! At all!!

Sure it does. You pay consumption tax now.

(02-08-2015 09:12 PM)Fitbud Wrote:  

(02-08-2015 08:38 PM)Fo Shizzle Wrote:  

(02-08-2015 11:44 AM)Fitbud Wrote:  

(02-08-2015 10:36 AM)Fo Shizzle Wrote:  

(02-07-2015 11:34 AM)Fitbud Wrote:  I would be all for that. But you know the rich would never go for it.

Im not sure that is entirely true.

It is because rich consume the most so they would pay the most.

Most of the consumption tax plans are revenue neutral. The rich would not have to pay more than they do now. In fact that rich would benefit in other ways from a consumption tax...specifically lower costs of tax compliance. Many experts predict that a consumption tax would spur economic growth. This would benefit the wealthiest of us also. I see nothing to indicate that the rich would overly oppose a change in our tax structure.

1 percent of 1 million is a hell of a lot more that 1 percent of 20k.

That's why the rich would oppose it.

HR25 would impose the exact same 23% tax on new goods for everyone. The top marginal rate for this year is almost 40% for income above aprox. 400k.

(02-08-2015 09:37 PM)Fo Shizzle Wrote:  

(02-08-2015 08:42 PM)DefCONNOne Wrote:  A consumption tax does not work!! At all!!

Sure it does. You pay consumption tax now.

Yeah, only its called a SALES tax!! What you're advocating for, is a tax on top of a sales tax a.k.a. a consumption tax!!

(02-08-2015 08:42 PM)DefCONNOne Wrote:  A consumption tax does not work!! At all!!

Then why are we the only developed country in the world that does not have a national consumption tax?

(02-08-2015 10:19 PM)DefCONNOne Wrote:  

(02-08-2015 09:37 PM)Fo Shizzle Wrote:  

(02-08-2015 08:42 PM)DefCONNOne Wrote:  A consumption tax does not work!! At all!!

Sure it does. You pay consumption tax now.

Yeah, only its called a SALES tax!! What you're advocating for, is a tax on top of a sales tax a.k.a. a consumption tax!!

Yes...Any tax you pay when you buy something is a form of consumption tax.

(02-09-2015 05:15 AM)Owl 69/70/75 Wrote:  

(02-08-2015 08:42 PM)DefCONNOne Wrote:  A consumption tax does not work!! At all!!

Then why are we the only developed country in the world that does not have a national consumption tax?

Because those in power don't want to give up the ability to directly reach into our pockets every paycheck and steal from us. It would reduce their ability to be able to borrow against our future labor. The reason we still have withholding(which BTW was supposed to be a war time temporary measure) has nothing to do with it's effectiveness as a means of revenue generation.

(02-09-2015 06:40 AM)Fo Shizzle Wrote:  

(02-09-2015 05:15 AM)Owl 69/70/75 Wrote:  

(02-08-2015 08:42 PM)DefCONNOne Wrote:  A consumption tax does not work!! At all!!

Then why are we the only developed country in the world that does not have a national consumption tax?

Because those in power don't want to give up the ability to directly reach into our pockets every paycheck and steal from us. It would reduce their ability to be able to borrow against our future labor. The reason we still have withholding(which BTW was supposed to be a war time temporary measure) has nothing to do with it's effectiveness as a means of revenue generation.

The biggest reason those in Washington don't want a consumption tax is that it would remove one of their biggest sources of power - the ability to "quietly" play with the tax code and give tax breaks to those people/industries that funnel money their way.

Choosing the winners and losers in the tax code is possibly the biggest source of power (funding) that those sitting on the throne in Washington currently have.

The whole thing is convoluted purposely to be able to hide all sorts of crap for the wealthy a powerful without Joe Public knowing what is going on.................