[Vision2020] House Passes Bill Linking Tax Cuts, Minimum Wage

[Donovan Arnold]

Paul,
   
  Many people donate money to family members so that don't have to pay as high of taxes. 
  For example, if you make $100,000, give $10K away to three children over age 18, that puts you in the 70K bracket instead. Why do that? If you are single and make over $100K the government takes more than if you make $70K, like most of everything between $70-100K goes to the government, about 95% of that. I know other family members give away wealth while they are living in order to avoid the 50% estate tax their relatives would have to pay if they got it after they died. 
   
  You Wrote:
   
  "I know that nobody likes to pay taxes, but I do enjoy having a police 
department, interstate highways, some means of defending our country 
against a foreign invader, public access to information in libraries, 
and probably hundreds of other benefits I'd likely be surprised to hear 
are government-funded. Don't we have a duty as a citizen of our country 
to help provide for it's well-being?"
   
  The rational are not objecting to being taxed. Most of your taxes don't go to those things you listed. About 70% of taxes are pretty much given away to welfare programs. Further, the government doesn't spend money wisely either, nor does it raise its revenue in an even and justified manner. 
   
  The government has become a pig, eating most of your paycheck. There is absolutely positively, no reason the government should be consuming 40% of what you produce. This government is a glutenous pig that needs to be weened, instead it is getting bigger and fatter. Remember, a government big enough to give you everything you want is a government big enough to take everything you have--and it will. 
   
  Best,
   
  Donovan J Arnold


Paul Rumelhart <godshatter at yahoo.com> wrote:
  Donovan Arnold wrote:

> Paul,
> 
> Why should the government be allowed to tax you twice? You pay taxes 
> on everything, then you got to pay taxes again on your money when you 
> die again when you try to give it away to ensure a decent life for 
> your children.


Are they talking about estate taxes? I'll have to read the bill in 
question, I guess. It sounded from their little blurb that it was more 
like a wealthy person "giving" money to a family member in a presumably 
lower tax bracket and then having them "give" it back later. Maybe I'm 
reading things into it, though.

> 
> How many times should you be taxed for each dollar you make?
> 
> You earn the dollar, you are taxed 40%, you buy something with it you 
> are taxed another 6%. You are taxed on that dollar when you are 
> letting sit in the bank. You are taxed again on the property you 
> already bough, every year, you are taxed when you give the house to 
> your children. Now you ask why they shouldn't allow a person to be 
> taxed again?
> 
> If the government wouldn't tax people 5 times on each dollar they 
> make, we wouldn't need loopholes.


They basically tax the movement of money, from what I've seen. I know 
that nobody likes to pay taxes, but I do enjoy having a police 
department, interstate highways, some means of defending our country 
against a foreign invader, public access to information in libraries, 
and probably hundreds of other benefits I'd likely be surprised to hear 
are government-funded. Don't we have a duty as a citizen of our country 
to help provide for it's well-being?

Paul

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