<< <i>Gotta love the self righteous tax cheat. If you make money after expenses/costs you report it. Pure and simple. Doesn't matter if it is a hobby, a part time job or whatever. If people would simply pay the taxes they owe according to the current tax code our federal debt and deficit would be in somewhat better shape.
If you don't like your tax rates or the tax code vote for a Republican. If you want to help the poor and preserve the environment via inefficient government programs vote for a Democrat and realize you are going to pay more in taxes. Either way we are all eventually screwed because our elected officials on both sides love to spend (either through spending programs or unfunded tax cuts). Just like executives that eventually destroy a company seeking greater short term returns and a higher stock price all of our elected officials are going to be gone by the time the bill comes due. Anyone that thinks who we elect actually will impact government debt and the yearly deficits need only look a the history of the federal debt. Both Democratic and Republican Congresses increase the debt as well as Republican or Democratic presidents. In the end they are all the same when it comes to fiscal discipline the biggest difference is that Democrats typically try to simply spend more with wildly unrealistic projected tax offsets whereas Republicans increase tax breaks with wildly unrealistic projections of future growth without cutting the size of the government. Two sides of the same coin but pandering to different audiences.
Sadly any politician that actually embraced a realistic solution for tackling the deficit and federal debt by changing medicare, social security and the tax code while simultaneously cutting funding to all government entities including defense would never get elected or survive a re-election. We are on a spiral path where we eventually will pay more in taxes for a whole lot less.
Robb >>
No it wouldn't because the politicians never pay down the debt, they spend every single dollar they get their hands on. And that is why people resent paying higher taxes. I agree with everything else you said though, and the only way to change the system is term limits so these A-holes can't turn what is suppose to be public service into a career.
Comments
<< <i>Gotta love the self righteous tax cheat. If you make money after expenses/costs you report it. Pure and simple. Doesn't matter if it is a hobby, a part time job or whatever. If people would simply pay the taxes they owe according to the current tax code our federal debt and deficit would be in somewhat better shape.
If you don't like your tax rates or the tax code vote for a Republican. If you want to help the poor and preserve the environment via inefficient government programs vote for a Democrat and realize you are going to pay more in taxes. Either way we are all eventually screwed because our elected officials on both sides love to spend (either through spending programs or unfunded tax cuts). Just like executives that eventually destroy a company seeking greater short term returns and a higher stock price all of our elected officials are going to be gone by the time the bill comes due. Anyone that thinks who we elect actually will impact government debt and the yearly deficits need only look a the history of the federal debt. Both Democratic and Republican Congresses increase the debt as well as Republican or Democratic presidents. In the end they are all the same when it comes to fiscal discipline the biggest difference is that Democrats typically try to simply spend more with wildly unrealistic projected tax offsets whereas Republicans increase tax breaks with wildly unrealistic projections of future growth without cutting the size of the government. Two sides of the same coin but pandering to different audiences.
Sadly any politician that actually embraced a realistic solution for tackling the deficit and federal debt by changing medicare, social security and the tax code while simultaneously cutting funding to all government entities including defense would never get elected or survive a re-election. We are on a spiral path where we eventually will pay more in taxes for a whole lot less.
Robb >>
No it wouldn't because the politicians never pay down the debt, they spend every single dollar they get their hands on. And that is why people resent paying higher taxes. I agree with everything else you said though, and the only way to change the system is term limits so these A-holes can't turn what is suppose to be public service into a career.
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<< <i>I'm still trying to figure out what a fair share is. >>
Total Income = Fair Share >>
Whatever the socialist/communist says it is....
Oh - and they paid $3,200 to a MIND READER!! A ***** ******* MIND READER! Those are the dolts we have in office!
<< <i>Always good to give the government more of our money, so they can give themselves more raises and create $16 muffins
And the $4 shrimp. And $1200 toilet seats for the defense department. So please, feel free to help yourselves to my card sales....
<< <i>And don't forget about the lavish $800,000 parties in Vegas that are paid for with taxpayer money because they gave out a "jackass" award!
Oh - and they paid $3,200 to a MIND READER!! A ***** ******* MIND READER! Those are the dolts we have in office! >>
We elect the GSA to office?
<< <i>We elect the GSA to office? >>
Damn if I know....I know they are going to Vegas on the taxpayer dime to the tune of $800,000!!!