What I don't get is everyone I know who actually earns enough to pay in and not get everything back or maybe even more who have already completed their returns are saying their overall taxes went down on average of 2,000 to 3,000 a year.
Look at it. Put it simple. Say 10%. Reduce everyone's taxes 10%. Guy who normally pays 1 million now pays 900,000. Someone who pays 100,000 now pays 90,000 and someone who paid 100 new tax burden is 90. And if you are real honest when should someone be punished for being successful? That's what a tax code that charges a different percentage for different income levels is. I't punishing someone for being successful. And then we reward underachievers and the lazy by giving then earned income and child care credits that see some of them get 2 maybe 3 grand back more than was withheld. No one else besides me sees a problem with this? We are going to let a couple who neither one is willing to work a full time job have welfare, a SNAP card, free breakfast and lunch at school for the kiddies, rent assistance, medicaid and heat assistance then give then a couple of thousand dollars extra at the end of the year? WHAT ARE WE THINKING! Supporting this with a punitive tax system for the hard working and successful folks?
IMO we should go to a flat tax. No refunds. They say 10 or 11 % to everyone would be more than enough to fund the government and reduce the deficit. And it would be fair. Everyone would pay the exact same percent of their income.
Ain't nothing evil or wrong with rich people. When was the last time any of you were given a job, full time with bennies by a poor person?
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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