With every pres. screw ups i wonder how next couple year taxes are going to look

[w1ngzer0]

.......... I BETTER NOT HAVE TO PAY 500-600 OUT OF MY PAYCHECK OR IM GOING BONKERS

[[Zero-S]]

Well theres that, and then theres out govt's ambivalence on the draft. If they're going to initiate it, hurry the ufck up and do it so I can get it over with, otherwise stfu. Thanks.

[Jesda]

TO POLITICAL THREADS!

[DAEDALUS]

.......... I BETTER NOT HAVE TO PAY 500-600 OUT OF MY PAYCHECK OR IM GOING BONKERS

You wanna pay it in the next 10 years while you're making $xx,xxx per year, or you wanna pay more later when you're making $xxx,xxx per year?

Forget how we got where we're at, let's just realize that we're here...with the retirement of 77 million baby boomers in the not-too-distant future, and expecting an insufficient social security system and the rest of the working people to support them. There is no reasonable and simple fix to the problem. Some folks are going to get screwed. If you're young and you want social security benefits, then it's in your best interest that this problem get fixed now, cause it probably cannot be put off till you're 75.

[Jesda]

(So much for me just saying no.)

The social security "trust" fund. Hah! Typical pisspoor crapass federal management.

There's a brewing movement to switch to a consumption tax, keeping the federal government out of our paychecks until we decide to spend it. The goal is to encourage PERSONAL saving and investment for better long-term economic growth. Plus, it keeps the feds somewhat off our backs and out of our business.

A consumption tax also discourages tax hikes and excessive spending, since it puts the laffer curve into full effect.

[[Zero-S]]

More information on this tax is needed, Jesda. Links please?

[Jesda]

Its just a fancy name for sales tax.

[[Zero-S]]

[DAEDALUS]

(So much for me just saying no.)

The social security "trust" fund. Hah! Typical pisspoor crapass federal management.

There's a brewing movement to switch to a consumption tax, keeping the federal government out of our paychecks until we decide to spend it. The goal is to encourage PERSONAL saving and investment for better long-term economic growth. Plus, it keeps the feds somewhat off our backs and out of our business.

A consumption tax also discourages tax hikes and excessive spending, since it puts the laffer curve into full effect.

I thought I was keeping politics out of it and just laying out the as-is condition. I think it's possible to discuss while keeping politics out of it.

In the "consumption tax" scenario, how would it be decided who is entitled to what? Would the bigger spenders get more benefits? Or would it be based on age? The sad truth is that the economy (many economies, actually) is highly dependent on the US consumer. If everyone suddenly decided to save 10% of every paycheck, it would spawn a recession. On the other hand, for a good number of people, it probably wouldn't make a difference to the numbers in their bank account.

[w1ngzer0]

DING DING DING!!! After 4 months of making 10 an hr needing to fix things and buy things. I am finally ready after what 14 years to start saving

But honestly. 500-600 dollors out of someone that makes 10 an hr is rape. My dad makes 40,000 a year and gets almost 1/2 of his paycheck going to taxes...................

[Nathan]

Go live in another country and see how you like the taxes The vast majority of first world nations have much higher taxes than our own. Also, threads like this are the suck!

[w1ngzer0]

Go live in another country and see how you like the taxes The vast majority of first world nations have much higher taxes than our own. Also, threads like this are the suck!

nice come back captain stooving

[pito11213]

Why cant we discuss political issues? I mean this is the general forum right? This is where you put all info that is not car specific. Taxes no matter the size are always going to be bad to us. It is the human condition. If you take what is mine I am not going to like it. But you have to pay taxes. Just a fact of life. Unless you are a hustler then you live tax free but also pension free and social security free.

[[Zero-S]]

Political issues almost always equal hurt feelings and people getting angry and blah blah. Frankly the admins don't want to deal with it.

I say we have a seperate forum made ala the ring: posts do not count towards post count, and participation is completely voluntary.

[w1ngzer0]

I don't want this thread to be political. I am just sharing my feelings. When almost 1/2 of what your dad makes is taken from him so some teenage mother can have more kids well it kind of blows my motor...

[base9se]

Looks like we'll all be working till we're 80-85.

Social Security don't help out much either. Ah, what are we to do?INVEST for your retirement!

[Nathan]

Ben, we need to work on making you more articulate in your postings. Saying things like "Nice comeback captain stooving" make little sense and do nothing except make you look silly and childish. I dont even know what the hell that was supposed to mean.

[w1ngzer0]

i can say what i want to and i can make this thread non political. I refuse to make it one.

But you political happy people will not take over NEVAR!