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backwoodsbob
Profile Information
Gender: Male
Hometown: South Carolina
Member since: Mon Sep 3, 2007, 07:35 AM
Number of posts: 6,001
Hometown: South Carolina
Member since: Mon Sep 3, 2007, 07:35 AM
Number of posts: 6,001
Journal Archives
should we be taxing earnings...or should we be taxing wealth?
maybe I'm wrong but I think we are going about taxation all wrong.Instead of taxing earnings I think we should be taxing wealth.
Excluding your primary residence I think we should have a 12 or 15 percent tax on wealth. Making 10 bucks an hour and working at wallyworld living paycheck to paycheck? your total federal tax for the year would be about 1,600 before exemptions...basically giving you a tax bill of zero after exemptions You're Bill Fucking Gates and you're worth 50 billion dollars?...your first year tax bill would be 7.5 billion dollars....before personal exemptions of course 
Discuss |
Posted by backwoodsbob | Tue May 6, 2014, 12:33 PM (131 replies)
this kid reminds me so much of myself 30 years ago
Posted by backwoodsbob | Mon May 5, 2014, 10:56 AM (4 replies)
this kid can front a black sabboth group
Posted by backwoodsbob | Sun May 4, 2014, 10:32 AM (0 replies)
the antichrist...also known as my favorite singer
Posted by backwoodsbob | Sun May 4, 2014, 10:21 AM (0 replies)
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