Liberals why are you happy with the current tax system?
Topic: Liberals why are you happy with the current tax system?
December 12, 2019 / By Ike Question:
a tax system where if your accountant makes a simple mistake you could lose everything you own. a system where you have to keep record of every deposit and deduction. a system that is politicized and used for political purposes. a system that favors the wealth and punishes the middle class. a system that invades personal privacy when an audit happens you have to turn over your personal bank statement and defend every deposit made.
Best Answers: Liberals why are you happy with the current tax system?
Ethan | 6 days ago
"The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
The Liberal ideology is a theory which holds forth beliefs that have no basis in reality.
They are Advocates of a policy that empowers a strong government to enslave its people with a high tax burden incident to the support of extravagant and unnecessary social programs destructive to both the work ethic among the lower class, and the incentive to innovate and succeed among the working class.
The problems we face today are because the people who work for a living are outnumbered by those who vote for a living.
A democracy will continue to exist up until
the time that voters discover that they can vote themselves generous
gifts from the public treasury. From that moment on, the majority
always votes for the candidates who promise the most benefits from
the public treasury, with the result that every democracy will finally
collapse over loose fiscal policy
A broken government can't be fixed by the same government that broke it.
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Originally Answered: Is our current system of welfare a tool of Capitalism?
Welfare is not capitalism. It is socialism. The problem is so many people that welfare is supposed to solve everyone's problems. they won't have to do that for themselves. They get stuck. It would be better for them if they were getting nothing. Instead, people now sit around and whine that the govt is not meeting enough of their needs
Welfare does not fuel capitalism. It takes money from those who earn and can invest and gives it to those who cannot create jobs.
Hogwash! I was just audited this year because of a simple accounting error. Not only did the IRS waive the penalty fee, they also took about 60% off of the initial bill (due to additional write-offs that I initially did not claim).
Now if Cons had it their way we'd have a flat income tax. Meaning that since most of the uber wealthy get richer from capital gains (interest) and not a payroll check, most of the middle class and poor would be responsible for paying to run our country and maintain our infrastructure. This country has gone to shzit since the Reagan era.
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just why do you think liberals are the only ones that like this ****** up tax system cons dont like it , liberals dont like it but the wealthy and big business do. these are the ones you need to direct this question to. wake up boy.
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Republicans have brainwashed you right-wingers into believing they had nothing to do with creating our current tax system.
To answer your question. I support a flat tax.
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Originally Answered: Why do liberals oppose a fair tax system?
They love taxes!
Obamacare was the largest tax increase on the middle class in US history. 80% of the new taxes will fall on families making less than $125,000 per year.
Here is a listing of only 20 of the tax increases.
1. Excise Tax on Charitable Hospitals (Min$/immediate)
2. Codification of the “economic substance doctrine” (Tax hike of $4.5 billion)
3. “Black liquor” tax hike (Tax hike of $23.6 billion)
4. Tax on Innovator Drug Companies ($22.2 bil/Jan 2010)
5. Blue Cross/Blue Shield Tax Hike ($0.4 bil/Jan 2010)
6. Tax on Indoor Tanning Services ($2.7 billion/July 1, 2010)
7. Medicine Cabinet Tax ($5 bil/Jan 2011)
8. HSA Withdrawal Tax Hike ($1.4 bil/Jan 2011)
9. Employer Reporting of Insurance on W-2 (Min$/Jan 2012)
10. Surtax on Investment Income ($123 billion/Jan. 2013)
11. Hike in Medicare Payroll Tax ($86.8 bil/Jan 2013)
12. Tax on Medical Device Manufacturers ($20 bil/Jan 2013)
13. High Medical Bills Tax ($15.2 bil/Jan 2013)
14. Flexible Spending Account Cap – aka “Special Needs Kids Tax” ($13 bil/Jan 2013)
15. Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D ($4.5 bil/Jan 2013)
16. $500,000 Annual Executive Compensation Limit for Health Insurance Executives ($0.6 bil/Jan 2013)
17. Individual Mandate Excise Tax (Jan 2014)
18. Employer Mandate Tax (Jan 2014) Combined score of individual and employer mandate tax penalty: $65 billion/10 years
19. Tax on Health Insurers ($60.1 bil/Jan 2014)
20. Excise Tax on Comprehensive Health Insurance Plans