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Warren Buffet want to pay more tax
Message
From
01/11/2007 00:03:38
 
 
To
31/10/2007 14:32:25
General information
Forum:
Politics
Category:
Taxes
Miscellaneous
Thread ID:
01265304
Message ID:
01265621
Views:
11
>That is why I believe in the fair tax. Get rid of all the other taxes period. If you buy, you pay.

I'm not convinced that the tax can be high enough to create the kind of income that governments need, and the higher the sales tax, the worse it is for low income households. If you intend to exempt low income households to any extent then it becomes an expensive nightmare to administer.

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>
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>>>>>http://business.guardian.co.uk/story/0,,2202020,00.html
>>>>>
>>>>>next person to moan about tax please let me know if taxation is actually making you poor.
>>>>>
>>>>
>>>>Moaning about taxes is an American national pastime. I would venture to guess a high percentage of the moaners don't realize how low our income taxes are compared to those in other developed countries.
>>>
>>>Its a common thread here as well. I can see that complicated taxation is a pain and results in a lot of duplication of collection methods from different agencies. But at the end of the day a government provides a lot of services and a fee has to be paid.
>>
>>This is exactly why I believe in the idea of a flat tax based on gross income. Your income is higher, you pay more tax. No loopholes to find, no shelters to hide under.
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