backwoodsbob
backwoodsbob's Journalshould 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
war pigs
this kid reminds me so much of myself 30 years ago
wish my hands would allow me to still do this
this kid can front a black sabboth group
ok who won and lost on the derby?
played it safe and only bet on Cali Chrome......did bet the triple crown though...never know.Bet it before the race so good odds.
ANYWHO....any big winners?
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Gender: MaleHometown: South Carolina
Member since: Mon Sep 3, 2007, 07:35 AM
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