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Discuss Vat... at the Politics & Religion within the Wrestling Talk Forums; Originally Posted by Flop The Nuts During his reign, King Obama (or the lefty government ...
  1. #19
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    Default Re: Vat...

    Quote Originally Posted by Flop The Nuts View Post
    During his reign, King Obama (or the lefty government has):

    purchased two U.S. car companies
    appointed a pay czar to regulate pay in publicly held companies
    mandated that U.S corporations provide health care for their employees

    Those are at least remotely leftist. Bush is irrelevant to any conversation about conservatism. He was a big government social conservative; the worst kind of conservative.
    He is continuing the same policies as Bush and no one would charaterize Bush as far left.



    As a democrat, he certainly leans to the left, but he has not been able to institute sinle payer health care, rasise income taxes, given into the Union agenda, done anything with Gun control, or changed our policy towards Iraq and Afghanistan.

    I gete that you don't like and the "King Obama" thing is pretty silly.


  2. #20
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    Default Re: Vat...


    Quote Originally Posted by UGLY View Post
    I agree with everything you said. I would say that I would be in favor of a flat tax 15% or so on all income regardless of how much you make. 100% of the working population would have to pay and the rich would still pay more so every one is happy. No deductions or any loopholes. I would make it across all forms of taxation even on corporations who now pay 40%.

    This does everything you say the consumption tax does, and it does not involve the dissolution of the IRS or income tax because that is never going to happen.

    I am for what you are suggesting I just think a more realistic approach is what i have presented and so have some congressmen.
    I think this would be a great policy with two additions,
    make the tax rate so that it is revenue nuetral, Federal income neither rises or falls because of this and two, give a tax exemption for everyone up to the poverty level. I think this is about $20,000 for a family of four. It would be fair becasue everyone gets this exemption.

  3. #21
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    Default Re: Vat...

    Quote Originally Posted by ODH View Post
    So I think you are in favor of this?
    I don't have an opinion, but it mausing me that people are bashing Obama for implementing a tax that I heard not heard being takled aboit in any serious way.
    I'm not against it, but I'd have to see how they end up deciding to implement it when the time comes. If they just tax sales that aren't being taxed at the state level I can see it being helpful. It levels the playing field for local stores that have to charge the tax to each buyer and it doesn't have to be an absurdly high tax (5-6%) because they are getting 90%+ of the buyers.

    If it goes beyond Internet sales I don't know what I'd think of it.

  4. #22
    Olympic Champ Flop The Nuts's Avatar
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    Default Re: Vat...

    Quote Originally Posted by ODH View Post
    He is continuing the same policies as Bush and no one would charaterize Bush as far left.
    As a democrat, he certainly leans to the left, but he has not been able to institute sinle payer health care, rasise income taxes, given into the Union agenda, done anything with Gun control, or changed our policy towards Iraq and Afghanistan.

    I gete that you don't like and the "King Obama" thing is pretty silly.
    Regardless of whether it's Bush or King Obama, a state takeover of companies and pay policies is leftist. I don't know why people keep bringing up Bush whenever the topic is Obama. He is going to have to raise income taxes eventually, unless he changes stripes and cuts spending. We all know that isn't going to happen.

    Obama has also spent the last few weeks pimp-smacking Karzai publicly. Karzai may be a weak leader, but he is our ally. If we lose Karzai, we've lost Afghanistan. I could always be wrong, but I don't remember Bush calling out Karzai in public.

    I didn't like much about Bush, but two things I loved - he kept taxes low and he didn't hesitate to use our military, scaring the hell out of our enemies. There was a reason Gaddafi volunteered to allow inspectors into Libya - we had just pulled Saddam out of his rathole and Gaddafi thought he could be next. What's Obama's plan? Reduce our stockpile, in the hope that NoKo, Iran and others will follow our lead. Keep extending your hand Obama, I'm sure they'll eventually see your wisdom.

    I'll have to address what he's done for his union friends in a separate post, as I don't want to make this one too long.

  5. #23
    Olympic Champ kr1963's Avatar
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    Default Re: Vat...

    Quote Originally Posted by ODH View Post
    I think this would be a great policy with two additions,
    make the tax rate so that it is revenue nuetral, Federal income neither rises or falls because of this and two, give a tax exemption for everyone up to the poverty level. I think this is about $20,000 for a family of four. It would be fair because everyone gets this exemption.
    That again would entail proving or disproving income & this is what we want to avoid. This is WHY you put in exemptions like no tax on FOOD & other necessities, (water, toothpaste, Medical services etc). It also gets people AVOIDING making income in order to get a tax credit. You want to promote spending & growth not penalize it.

    You could in turn also put a consumption tax on real estate but not on wholesale items, (items to to be resold so as to avoid DOUBLE taxation). This will promote growth as well & you will only need a EIN.

    Luxury items could have a higher tax or anything deemed as "excessive" or let's say NOT GREEN, (like higher sales tax on Gas guzzlers or exemptions for let's say Electric cars). Fast food could be taxed as for being a burden on the health & medical industries for example.

    This also means INVESTMENTS are not taxed & you can do away with Capital Gains tax. The only thing that is taxed is CONSUMPTION hence a poverty level person is going to spend LESS by pure definition.

    Prices will come down as corporations will spend LESS on tax accountants & trying avoid taxation. They will less likely to be putting their funds overseas as well. For example Exxon Mobil has an ENTIRE floor in the headquarters in Houston with NOTING ON IT BUT ACCOUNTANTS keeping track of the TAX code & what they owe the IRS. C Corps pay quarterly taxes btw.

    There a 100 ways to skin this cat & eliminate the IRS.And that in turn will free up some much more of the GDP. Next thing to do is to get rid of the FIAT currency & we are on our way to true financial freedom.

    You say UGLY that it ain't gonna happen?

    Well I say AIM FKIN BIG! If you don't shoot for the top you will never get to the top. There were people who told the founding fathers that this (USA) was NEVER gonna work or happen either.

  6. #24
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    Default Re: Vat...

    Quote Originally Posted by ODH View Post
    Sorry, despite the rhetoric, Obama is not far left and has not done anything remotely leftist.

    The healthcare reform was modeled on the one imlpement by Mitt Romney in Massachusetts.

    If you think he qulaifies as "far left" just because of the increase of government spending, you also must think Bush was an extreme leftist.
    If you can't see how this president is far left in his thinking and actions then there isn't much I can say!!! Can you please tell us how he is not far left?

    I love it how dems are still bringing Bush into everything instead of talking about this president and congress. Bush was an idiot in certain aspects of his presidency, especially spending. I think someone else on here spoke about this well.

  7. #25
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    Default Re: Vat...

    Quote Originally Posted by Chance174 View Post
    If you can't see how this president is far left in his thinking and actions then there isn't much I can say!!! Can you please tell us how he is not far left? ...
    I did in my previous posts.
    Now you tell me why you think he is "far" left.

  8. #26
    Super Moderator UGLY's Avatar
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    Default Re: Vat...

    Quote Originally Posted by kr1963 View Post
    That again would entail proving or disproving income & this is what we want to avoid. This is WHY you put in exemptions like no tax on FOOD & other necessities, (water, toothpaste, Medical services etc). It also gets people AVOIDING making income in order to get a tax credit. You want to promote spending & growth not penalize it.

    You could in turn also put a consumption tax on real estate but not on wholesale items, (items to to be resold so as to avoid DOUBLE taxation). This will promote growth as well & you will only need a EIN.

    Luxury items could have a higher tax or anything deemed as "excessive" or let's say NOT GREEN, (like higher sales tax on Gas guzzlers or exemptions for let's say Electric cars). Fast food could be taxed as for being a burden on the health & medical industries for example.

    This also means INVESTMENTS are not taxed & you can do away with Capital Gains tax. The only thing that is taxed is CONSUMPTION hence a poverty level person is going to spend LESS by pure definition.

    Prices will come down as corporations will spend LESS on tax accountants & trying avoid taxation. They will less likely to be putting their funds overseas as well. For example Exxon Mobil has an ENTIRE floor in the headquarters in Houston with NOTING ON IT BUT ACCOUNTANTS keeping track of the TAX code & what they owe the IRS. C Corps pay quarterly taxes btw.

    There a 100 ways to skin this cat & eliminate the IRS.And that in turn will free up some much more of the GDP. Next thing to do is to get rid of the FIAT currency & we are on our way to true financial freedom.

    You say UGLY that it ain't gonna happen?

    Well I say AIM FKIN BIG! If you don't shoot for the top you will never get to the top. There were people who told the founding fathers that this (USA) was NEVER gonna work or happen either.

    I agree aim big but guess what. You eat an elephant one bite at a time not in one big chomp.

  9. #27
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    Default Re: Vat...

    Quote Originally Posted by UGLY View Post
    I agree aim big but guess what. You eat an elephant one bite at a time not in one big chomp.
    True but some bites are bigger then others. Like great whites or say, piranhas....

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