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News: Atlas Hardware Upgrade complete October 13, 2013.

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| |-+  Political Debate (Moderator: Beet)
| | |-+  Two-Tone Tax Plan
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Author Topic: Two-Tone Tax Plan  (Read 1157 times)
King
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« on: October 14, 2011, 02:01:55 pm »
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Income Tax
8% is what we take out of your first $50,000 of income
6% is added on to that rate on income from $50,000 to $300,000 (14%)
7% is added on after your first $300,000 (21%)

Value-Added Sales Tax
5% on items purchased by individuals greater than $1000 plus alcohol, tobacco, and marijuana
3% on items purchased by individuals from $0.01 to $999.99 that could not be classified as:

0% on items that could be purchased with food stamps (groceries)

Corporate Tax
9% flat on corporate revenues

Pass it, smurfs.
« Last Edit: October 14, 2011, 07:41:06 pm by Van Der Blub »Logged

angus
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« Reply #1 on: October 14, 2011, 02:06:22 pm »
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We can call it Jenny's Law.
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King
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« Reply #2 on: October 14, 2011, 03:00:33 pm »
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We can call it Jenny's Law.


Perhaps the Tutone Tax Plan.
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Paul Kemp
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« Reply #3 on: October 14, 2011, 03:08:46 pm »
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Excellent plan. Bad rhetoric.
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shua
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« Reply #4 on: October 14, 2011, 04:25:32 pm »
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not bad, but I think this would take in less revenue than Herman's plan.
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Bull Moose Base
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« Reply #5 on: October 14, 2011, 04:47:11 pm »
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This being on the 2012 board would be like 867-5309 winning the Grammy for best RnB song.
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jmfcst
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« Reply #6 on: October 14, 2011, 04:50:08 pm »
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This being on the 2012 board would be like 867-5309 winning the Grammy for best RnB song.

didn't Jenny tell you?  she changed her number to 999

Late Edit:  oh, I get it...Tommy Tutone...Two-Tone Tax Plan....sorry, jmfcst is a little slow....from time to time

Late Late Edit:  and jmfcst doesn't always read the previous posts...obviously
« Last Edit: October 14, 2011, 04:53:41 pm by jmfcst »Logged

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Bacon King
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« Reply #7 on: October 14, 2011, 07:50:19 pm »
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I have to say that a Presidential candidate reciting, "8-6-7-5-3-0-9" during the debates would be much more amusing than Cain's annoying repitition of "NINE. NINE. NINE!"
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opebo
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« Reply #8 on: October 14, 2011, 08:32:46 pm »
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Income Tax
7% is added on after your first $300,000 (21%)

Why would you want the top tax rate to be only 21%?  Do you realize that is a reduction from the current already destructively low level?
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The Vorlon
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« Reply #9 on: October 14, 2011, 09:30:54 pm »
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0% on items that could be purchased with food stamps (groceries)


You mean we still don't tax crack cocaine?

how about tobacco and booze?
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« Reply #10 on: October 14, 2011, 09:35:11 pm »
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0% on items that could be purchased with food stamps (groceries)


You mean we still don't tax crack cocaine?

how about tobacco and booze?

LOL LOL YEA THATS RIGHT WELFARE QUEENS LOL I MISS REAGUN!!!!
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That has got to be one of the most retarded proposals I have read on this forum.

Don't worry, I'm sure more will crop up shortly.
bgwah
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« Reply #11 on: October 14, 2011, 09:41:15 pm »
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0% on items that could be purchased with food stamps (groceries)


You mean we still don't tax crack cocaine?

how about tobacco and booze?

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realisticidealist
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« Reply #12 on: October 14, 2011, 09:56:33 pm »
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Better plan:

86% Income and capital gains tax above $10,000,000
75% Income and capital gains tax above $1,000,000
30% Income and capital gains tax above $50,000
9% Income and capital gains tax from poverty line to $50,000


...not really. It's a joke people. I'm not opebo.
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opebo
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« Reply #13 on: October 14, 2011, 10:20:31 pm »
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Better plan:

86% Income and capital gains tax above $10,000,000
75% Income and capital gains tax above $1,000,000
30% Income and capital gains tax above $50,000
9% Income and capital gains tax from poverty line to $50,000


...not really. It's a joke people. I'm not opebo.

Actually that's a very reasonable plan.
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Cuivienen
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« Reply #14 on: October 14, 2011, 10:41:56 pm »
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Better plan:

86% Income and capital gains tax above $10,000,000
75% Income and capital gains tax above $1,000,000
30% Income and capital gains tax above $50,000
9% Income and capital gains tax from poverty line to $50,000


...not really. It's a joke people. I'm not opebo.

Eh, not much different from tax rates in the 50s-70s. Certainly not dangerous or anything.
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King
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« Reply #15 on: October 14, 2011, 11:01:33 pm »
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not bad, but I think this would take in less revenue than Herman's plan.

It might take in slightly more after I thought more seriously about this (joke) plan for awhile later today.  Our 9s would be both in the same corporate tax.  The sales tax would be significantly less, but still substantial and less regressive.  The income tax of 8-14-21 bracket compared to 9 flat would probably make up for the lower sales tax.
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