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Taxes


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2022 Jul 11, 5:28pm   16,266 views  227 comments

by GreaterNYCDude   ➕follow (2)   💰tip   ignore  

I've been thinking about this off and on lately, and there's been some recent threads related to the topic, so I figure I'll set up a separate thread.

Until the 16th ammendment was passed in the early 1900's, we got by without fedetal income taxes. Tariffs did the trick. Of course, we were not yet the superpower we became, huge millitary and all, and there were not nearly the federally funded social programs we have today.

Frankly, I don't think your average American realizes how heavily they are taxed. Federal. State (with some excaptions) Property. School. Gas. Sales. Etc.

For most in the middle and upper middle class, federal income tax is the biggest share of taxes paid on a percentage basis.

In a modern captalist economy, it makes more sense to me to tax consumption rather than income.

So why not abolish the federal income tax, and instead have a federal tax on goods and services rendered. Better yet, couple it with a balanced budget amment so that the government can't spend money they don't have.

Taxing goods should be straightforward to implement. Buy a bag of rice, clothes, a house, a car, stock, etc. tax it at a nominal rate to raise sufficent revenue to keep the government running. Tax should apply to individuals and corporations alike. I have no idea what the rate would need to be to replace the lost income income revenue, but there must be a way for the been counters to figure that out.

Same holds for services. From your lawyer to your plumber to your accountant.. services rendered should also be taxed... possibly at a different rate than physical goods, since we are a "service based economy".

Just thinking out loud here.. In the 21st century there MUST be a better way to raise revenue than income tax and the various loopholes used to reduce or even avoid ones tax burden.

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168   WookieMan   2024 Jul 4, 2:47pm  

DemocratsAreTotallyFucked says





He can't tax EV's fully yet or he'd be a hypocrite. The day of reckoning is coming. CA is still a majority ICE vehicle state. They will start bitching if it's just gas tax and not related to oil prices. EV's will be taxed. Just wait.
174   clambo   2024 Sep 14, 5:21am  

You have to give Trump credit for clever shit to bug the tax and spend liberal idiots.
175   RC2006   2024 Sep 14, 3:53pm  

clambo says

You have to give Trump credit for clever shit to bug the tax and spend liberal idiots.


Absolutely they can't even say anything without looking like even bigger assholes and alienating more blue collar workers.
177   ForcedTQ   2024 Sep 19, 9:16pm  

DemocratsAreTotallyFucked says






And this right here is why we need to KILL CARB! That state agency has long run its course with regards to private transport and even over the road commercial regulations. The ICE vehicles that can be purchased today are so fucking clean that the cost of incremental improvement vs. benefits to society are just not there.

Fuck a bunch of unelected bureaucrats!
179   WookieMan   2024 Sep 20, 5:02am  

ForcedTQ says

And this right here is why we need to KILL CARB! That state agency has long run its course with regards to private transport and even over the road commercial regulations. The ICE vehicles that can be purchased today are so fucking clean that the cost of incremental improvement vs. benefits to society are just not there.

Fuck a bunch of unelected bureaucrats!

I've been telling you CA cats this for probably 2 years now. The dip shits in charge didn't think of the loss in gas tax (MFT) with more EV's being on the road. Wait till your electric rates go up even more. It's going to be a double whammy. I'm no Ph.D on this topic but I have a Bachelors from my wife's work, experience and talking with engineers that make your roads. You guys are fucked. EV or ICE.

The earthquake happened. The Tsunami of taxes is coming. IL isn't good, but we at least got our ass kicked already and are recovering. CA has a long way to go.... if it can even recover. You're the Greece of the USA. Not sure there's hope outside of foreign investment. You can make $300k anywhere in the country for 1/4 of the cost of living. The crash is coming for you guys.
183   clambo   2024 Oct 10, 11:37am  

Anecdote herewith:
I'm visiting in Santa Cruz, California. I'm taking Uber rides here and there.
Most of the drivers are foreigners; their country varies.
When I tell them that I departed California and save $6000 per year in California taxes because Florida has no income tax, they are very surprised.
They are unaware that states exist which have no income tax.
So far, I've saved over $24,000 that I did not send to the California Franchise Tax Board.
Florida also doesn't tax capital gains, dividends, estates, etc.
185   WookieMan   2024 Oct 11, 10:54pm  

clambo says

When I tell them that I departed California and save $6000 per year in California taxes because Florida has no income tax, they are very surprised.

We were close to moving to CA about 7 years back. It didn't make sense. We'd make the same and get taxed double. That's saying a lot from IL. I'm sure your fees are higher too, things like car registration. Higher gas prices. 5 hours to the Caribbean. Sorry, I have no interest in Hawaii.

We would have loved the weather for sure, but we're talking $40-50k per year. Considering we max out retirement funds we'd look rich on paper, but be poor. And I'll never rent again, so housing would suck up a huge chunk.
186   clambo   2024 Oct 11, 11:23pm  

Fees are all lower in Florida compared to California.
My car registration was $250 per year in California, Florida it's about $50.
My dental, medical, and car insurance premiums are less in Florida.
187   Rin   2024 Oct 12, 7:19am  

Al_Sharpton_for_President says






Mel Gibson in 'The Patriot' said it the best ... why would I want 3000 tyrants, one mile away, versus one tyrant, 3000 miles away?
188   WookieMan   2024 Oct 12, 8:12am  

clambo says

My car registration was $250 per year in California, Florida it's about $50.

I've heard different. Can the counties add on extra registration fees? Not questioning if you're right, you've lived there. I just recall my buddy saying his were insane there to register a car but that might have plate fees as well.

I don't know how you fund government without higher fees on something with no income tax. I imagine it's got to be the sales tax. I know beer is a fortune down there compared to IL. I've flown with cases of beer in checked bags to save $40-50 at least going to FL. I have a whole foam setup so baggage handlers don't break the cans.

We're wealthy for our age, but I'm a cheapskate. Southwest so two bags are free. Plus sometimes we get in late and I don't want to have to stop to crab a nightcap on vacation or stop at a bar and spend even more. Just get to the hotel or house and relax for an hour or two.
189   RC2006   2024 Oct 12, 8:23am  

clambo says

Fees are all lower in Florida compared to California.
My car registration was $250 per year in California, Florida it's about $50.
My dental, medical, and car insurance premiums are less in Florida.


Same in Idaho. California rips everyone off. I register my cars two years at a time and it's still half as much as one year in CA. Insurance, utilities, property tax all less.
Screw the extra you have to pay in taxes for all the illegals and grifters.
190   Maga_Chaos_Monkey   2024 Oct 12, 10:44am  

My car insurance went up when I moved from CA to TX. I was surprised.
191   Maga_Chaos_Monkey   2024 Oct 12, 10:48am  

clambo says

So far, I've saved over $24,000 that I did not send to the California Franchise Tax Board.


About 50K for me so far...
192   Maga_Chaos_Monkey   2024 Oct 12, 10:49am  

clambo says

So far, I've saved over $24,000 that I did not send to the California Franchise Tax Board.


About 50K for me so far over 2 years... I still work out of San Francisco, just remotely.
193   WookieMan   2024 Oct 12, 10:58am  

SoTex says

My car insurance went up when I moved from CA to TX. I was surprised.

Probably reckless cowboy driving. More trailers and potential accidents. Never liked a visit to TX at this point. I want to try San Antonio though. Austin, Houston, Dallas, Galveston all suck as an outsider from a shitty state myself.

Have to go to Chicago tomorrow morning. I'm dreading every minute of it. I'm a mostly solid spouse, so supporting the wife on a bull shit run where she'll have to dodge bullets likely. I worked during the marathon every year. It's a shit show. City is shut down basically. I'll probably lose 5lbs walking around.

Bringing the backpack cooler with beers and drinks for the kids (not beer for them). It's going to be a rough day. Whatever, it was a goal. I don't agree but I cannot control. Swimming would be more beneficial to her body type. She won't listen. Said every husband.
194   HeadSet   2024 Oct 12, 5:33pm  

Rin says

Mel Gibson in 'The Patriot' said it the best ... why would I want 3000 tyrants, one mile away, versus one tyrant, 3000 miles away?

Actually, Virginia says it best...


198   stereotomy   2024 Oct 21, 12:08pm  

SoTex says

My car insurance went up when I moved from CA to TX. I was surprised.

TX has to deal with mass car theft and illegals causing crashes. I moved from TX to the PRNY and I'm paying half what I did in TX.
199   HeadSet   2024 Oct 21, 12:36pm  

stereotomy says

TX has to deal with mass car theft and illegals causing crashes.

In Virginia, USAA raised my car insurance specifically to cover uninsured illegal drivers.
202   Maga_Chaos_Monkey   2024 Oct 23, 7:01pm  

HeadSet says

In Virginia, USAA raised my car insurance specifically to cover uninsured illegal drivers.


I have USAA too, for being a military brat. I don't think I get the same end of year rebates that actual military people do though. My dad's are better that's for sure.

Come to think of it I don't remember getting one the past few years. I get like $15 lol.
203   ForcedTQ   2024 Oct 23, 8:02pm  

The_Deplorable says





North Dakota Right Now
204   HeadSet   2024 Oct 24, 2:21pm  

SoTex says

I have USAA too, for being a military brat. I don't think I get the same end of year rebates that actual military people do though. My dad's are better that's for sure.

Yes, that "Subscriber's Savings Account" surplus comes every year in Dec and makes a nice $300 or so Xmas present.

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