Tax Plan

[Oakvale]

- Do away with taxes except for THE RICH
- Government covers spending by growing and selling legal weed
- Anime becomes real

[Antonio the Sixth]

- Do away with taxes except for THE RICH

but laffer told me you can make more money by not taxing the rich

[TNF]

When do we get FULL COMMUNISM

[Oakvale]

- Do away with taxes except for THE RICH

but laffer told me you can make more money by not taxing the rich

I've thought about this and I think Laffer needs revision for obvious reasons. Here is the improved Laffer curve, which I'm pleased to announce will be known as the Oakvale curve.



e: The x axis is unlabelled because the tax rate is zero and as such there is no "tax rate".

[Oswald Acted Alone, You Kook]

- Do away with taxes except for THE RICH
- Government covers spending by growing and selling legal weed
- Anime becomes real

We don't need emo ninjas, giant robots, tentacles, or guys who get girls for the sole reason of being nice, but taxes only for the rich and government selling weed sounds great.

[Beet]

When do we get FULL COMMUNISM

Was weed even legal in the Soviet Union?

[🦀🎂🦀🎂]

greet plan oakvael but you forgot to tax religions

[Replicator]

I'm considering making a new thread proposing to cut federal corporate taxes to 34% in exchange for raising taxes on the wealthy to 50%. There would be other negotiations put forth such as removing the marriage tax or at least a 10% tax credit for married couples who work. We need to make the child tax credit permanent. Let's put an end to tax breaks for real estate investments while cutting the capital gains tax in half and removing taxes on dividends. I've always had a huge problem with the death tax as well. Would it be possible to remove it for those with property values less than $1,300,000. Fraudulent dependents is another problem going on so let's require social security numbers for them on tax forms. I hate to encourage multi-family housing, but if two families move in together; let's say in-laws for example, should it be legal to allow them to be claimed as dependents?


Tax Brackets:

income < $64,600      15%
income < $195,000    28%
income < $217,000    33%
income > $217,000    50%

The above brackets in exchange for lowering the federal corporate taxes to 34%. This will also bring back jobs from overseas.

Employment Options:

Allow all workers to establish IRA's.
Expand employee stock ownership plans.
15% net interest exclusion with a $2,000 cap.
Reduce windfall profit taxes.

[Free Bird]

 you guys

[NeverAgain]

Income tax
$0 - 28,282........00%
$28,283 - 57,164.......08%
$57,165 - 85,746.......10%
$85,747 - 114,328.......25%
$114,329 - 142,911......29%
$142,912 - 171,493......32.5%
$171,494 - 200,075......36%
$200,076 - 228,657......40%
$228,658 - 257,239......43%
$257,240 - 285,822......46%
$285,823 - 314,404......49%
$314,405 - 371,568......52%
$371,569 - 457,315......55%
$457,316 - 543,061......58%
$543,062 - 628,808......61%
$628,809 - 714,555......63%
$714,556 - 857,466......66%
$857,467 - 1,000,377.......69%
$1,000,378 - 1,143,288....72%
$1,143,289 - 1,286,199....75%
$1,286,200 - 1,429,110....83.5%
$1,429,111 - 2,143,665....89%
$2,143,666 - 2,858,220....92%
$2,858,221+..................95%

Capital Gains tax
Tax the same as regular income.

Corporate tax
Double the top corporate income tax rates and make the tax more progressive. Excess profits tax on any corporation supplying war material.

Estate tax
Replace with a one hundred percent tax on inherited wealth.

Payroll tax
End the payroll tax cap, force high earners to pay into the system.

In addition, implement a universal basic income of $28,282 per individual per year.

[AggregateDemand]

but laffer told me you can make more money by not taxing the rich

Negative marginal returns is still a mysterious concept to most liberals? I'm shocked (not really).

[MyRescueKittehRocks]

National Income rate of 9.5% on all businesses and individuals.
Plus the rest of Rand Paul's current plan.

[○∙◄☻¥tπ[╪AV┼cVê└]

National Income rate of 9.5% on all businesses and individuals.
Plus the rest of Rand Paul's current plan.

Does that include allowing white supremacists to use federal land rent free?