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Country Discussion Topics
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Tax Freedom day
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Reido in MO    Posted 08-13-2004 at 11:25:06       [Reply]  [No Email]

Every year an independent tax watchdog group analyzes the average
tax burden on Americans, and then calculates the "Tax Freedom
This is the day after which the money you earn goes to you, not

This year, tax freedom day was April 11th. That's the earliest it
been since 1991.

It's latest day ever was May 2nd, which occurred in 2000.
anything special about those dates?

Recently, John Kerry gave a speech in which he claimed Americans are
actually paying more taxes under Bush, despite the tax cuts. He
no explanation and provided no data for this claim.

Another interesting fact: Both George Bush and John Kerry are
wealthy men. Bush owns only one home, his ranch in Texas. Kerry
owns 4 mansions, all worth several million dollars. (His ski
home in Idaho is an old barn brought over from Europe in pieces.
Not your average A-frame).

Bush paid $250,000 in taxes this year; Kerry paid $90,000. Does
that sound right? The man who wants to raise your taxes
has figured out a way to avoid paying his own.

screaminghollow    Posted 08-13-2004 at 12:02:01       [Reply]  [No Email]
The whole system ought to be revamped. I truely believe that no one should pay taxes on wages. Pass a law that a board of economists determines what the gross domestic product comes to each quarter and give congess the right to print 10% of that amount as money and spend it. Everybody's money is "diluted" by the same percentage and we don't have such a huge expensive system for tax collection and payment. I recall the IRS's own figures for 1997, was that it costs more to collect taxes from those who earn less than $39,000 than it takes in. Why bother in the first place? I still feel folks who have high earnings because of stock options, interest, royalties etc ought to pay taxes. Just keep Uncle Same out of the wage earner's pockets.

Les    Posted 08-13-2004 at 12:48:35       [Reply]  [No Email]
Recently I have heard talk again about a national sales tax or a flat tax. I would jump for joy over either one of those. What could be fairer?
With our luck, we'll get both :(

Sid    Posted 08-13-2004 at 16:55:13       [Reply]  [No Email]
Flat tax yes. Sales tax no.

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