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The new America: Work until you die program

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Re: The new America: Work until you die program

Unread postby I_Like_Plants » Thu 27 Dec 2007, 01:13:03

$this->bbcode_second_pass_quote('frankthetank', 'I') don't even want to hear some of the views on nursing homes!

Grind them up into cat food? WTF!


that seems to be blukatzen's view, God forbid her precious kitties should go hungry!

I really wonder about US'ians, get all sobby about disease-ridden mangy cats and want to kill off the elderly who've earned the right to rest a bit at the end of a life of work - hell most old people will be "old" in their 50s and drop before they get any kind of a retirement.
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Re: The new America: Work until you die program

Unread postby Pretorian » Thu 27 Dec 2007, 01:41:26

$this->bbcode_second_pass_quote('TommyJefferson', '')$this->bbcode_second_pass_quote('Pretorian', 'I')n my country there is no real estae tax. There are old people who get $80-90 a month and they live in 500-700-1000K condos.


So what?

They paid for the condos. They own them. What business is it of yours?

You sound like they shouldn't have the right to own their property simply because it has a high market value and they don't have high incomes.


No, what I sound like is that local governments overthere have other taxes to pay for things you pay here with real estate tax. This way or another people will pay for all their services, including unwanted and unasked ones, RE tax or no RE tax. Here or there.
However I do find that keeping $400K frozen for 15 years while others pay for roads, police, hospitals, schools, libraries, bridges, you name it, basically paying for things without which that property will not be worth 1/100th of its price is a bit, mmmmm, excessive.
Especially considering that some fat burocrat will move into the condo as soon as the granny will play the box. WTF? If you cant pay for infrastructure's upkeep, dont look at me, sell and move your ass out.

PS Dont get me wrong, If you want to pay granni's dues for living in the penthouse in Manhatten ( or anywhere else) , thats totally cool with me.
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Re: The new America: Work until you die program

Unread postby kadoomsoon » Thu 27 Dec 2007, 02:07:14

$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('TommyJefferson', 'H')ere's an idea.

How about not TAXING the old lady.

Problem solved.


That's actually not a bad idea. Once you reach a certain age, your property taxes should be exempt until you die. Then when your children inherit the property, the taxes resume.

Dude, you are going to have 115 year olds on ventilators and critical car units all over the country if you do that... Keep them alive Doc, or Ill sue you.... It would get ugly.

Kids would move in with granny and lock her in the closet all kinds of garbage.
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Re: The new America: Work until you die program

Unread postby kadoomsoon » Thu 27 Dec 2007, 02:10:41

$this->bbcode_second_pass_quote('SchroedingersCat', 'P')roperty tax is a big part of the current economic meltdown heading our way. Local governments do everything they can to promote higher property values so they can get more tax revenues. Duh. Why not jack up everyone's assessment and then make them work it off if they can't pay? Good scam!

Why should my taxes go up because my neighbor sold his house for a highly inflated price that the city assessor deemed fair? We need to switch to a membership fee or a pay as you go system. Or tax property based on size, not market value. You have more land, you pay more for services. There must be a better way than the obviously corrupt system currently in place.


Give them a little time and they will come up with a more corrupt system.

I've always wondered, what would the building department do if you applied for a permit to remove two bedrooms and a family room in order to downsize the house.

I bet the investigator would raise your taxes anyway.
Last edited by kadoomsoon on Thu 27 Dec 2007, 03:16:42, edited 1 time in total.
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Re: The new America: Work until you die program

Unread postby I_Like_Plants » Thu 27 Dec 2007, 02:17:34

$this->bbcode_second_pass_quote('SchroedingersCat', 'P')roperty tax is a big part of the current economic meltdown heading our way. Local governments do everything they can to promote higher property values so they can get more tax revenues. Duh.


This has been a major factor in the pumping up of the real estate bubble, I am sure.
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Re: The new America: Work until you die program

Unread postby I_Like_Plants » Thu 27 Dec 2007, 02:21:06

$this->bbcode_second_pass_quote('kadoomsoon', '')$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('TommyJefferson', 'H')ere's an idea.

How about not TAXING the old lady.

Problem solved.


That's actually not a bad idea. Once you reach a certain age, your property taxes should be exempt until you die. Then when your children inherit the property, the taxes resume.

Dude, you are going to have 115 year olds on ventilators and critical car units all over the country if you do that... Keep them alive Doc, or Ill sue you.... It would get ugly.

Kids would move in with granny and lock her in the closet all kinds of garbage.


I'm going to call bullshit on this one. Americans' lifespans are going down. A working-class American is lucky to make it to collect SS. Very very few are making it past 70.

You are not going to have 115 year olds etc etc. Jeezus.

It's not too hard to smoke out the limousine liberals on here is it?

Some friends nearby have managed to make it into their 80s, I say fuckin'-A since they are rare examples of working-class people making it. Damn mice folks.

I'd gladly gut-shoot (to watch 'em die slower) limousine liberals to lessen the burden on Mother Earth so these folks can live.

Who's stepping up first? :twisted:
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Re: The new America: Work until you die program

Unread postby blukatzen » Thu 27 Dec 2007, 03:05:00

[code]that seems to be blukatzen's view, God forbid her precious kitties should go hungry![code]

Plants, do me a favor and don't speak for me. I don't speak for you, that totally misrepresents what I've said.
I've noticed people here on this board in most of the forums really have knee-jerk reactions, "think" they've read something, and then it's like the telephone game..where misquotes and half-truths abound. I've been through this already several times here, and on another forum here today. Read what is there, it's gone from me taking care of my aunts, and noticing that many seniors have eaten cat food to get by, to me being pictured, grinding up old people for cat food. That's hilarious!

If one has an emotional response, that's fine, but don't attibute it to what you THINK that I would say.
Plants, you don't even know me, and you have been ripping into me since I said that I mixed cat shit in w/garbage on the dumpster thread. That is what's eating you up. Then you drag it onto other threads? That says what mettle you are made of. Get a grip and get a life man, get a woman for crying' out loud!

I haven't attacked you, in fact I've known that you needed a job, and I had offered one to you. Oh well.

Plants, it's really interesting, because I *may* agree with you on a lot of topics, more than you'd know. However, INSTEAD of exploring commonalities, you've decided to be angry, like you usually do, and throw a tirade. You're loss.

[code]I really wonder about US'ians, get all sobby about disease-ridden mangy cats and want to kill off the elderly who've earned the right to rest a bit at the end of a life of work - hell most old people will be "old" in their 50s and drop before they get any kind of a retirement.[/code]

I wonder how old you think I am? I am almost there! I guess I should drop dead. Maybe I should eat my cats first.

Maybe I should go live in a dumpster.

PLants, plants, plants... :lol: :roll: :roll: :roll:

You need to chill.

Peace,

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Re: The new America: Work until you die program

Unread postby kadoomsoon » Thu 27 Dec 2007, 03:17:48

$this->bbcode_second_pass_quote('I_Like_Plants', '')$this->bbcode_second_pass_quote('kadoomsoon', '')$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('TommyJefferson', 'H')ere's an idea.

How about not TAXING the old lady.

Problem solved.


That's actually not a bad idea. Once you reach a certain age, your property taxes should be exempt until you die. Then when your children inherit the property, the taxes resume.

Dude, you are going to have 115 year olds on ventilators and critical car units all over the country if you do that... Keep them alive Doc, or Ill sue you.... It would get ugly.

Kids would move in with granny and lock her in the closet all kinds of garbage.


I'm going to call bullshit on this one. Americans' lifespans are going down. A working-class American is lucky to make it to collect SS. Very very few are making it past 70.

You are not going to have 115 year olds etc etc. Jeezus.

It's not too hard to smoke out the limousine liberals on here is it?

Some friends nearby have managed to make it into their 80s, I say fuckin'-A since they are rare examples of working-class people making it. Damn mice folks.

I'd gladly gut-shoot (to watch 'em die slower) limousine liberals to lessen the burden on Mother Earth so these folks can live.

Who's stepping up first? :twisted:


You are pretty bright guy, but that ost was sarcasm.
I see we are a little tight from what is coming, so, I tried to lighten up a bit, sorry. No, very few 115 year olds around.

I should have put a
:)
at the end.

But it allowed you to vent a bit, dint it feel great?
phew.
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Re: The new America: Work until you die program

Unread postby MrBill » Thu 27 Dec 2007, 08:10:16

Are you people FCK'G serious?

First of all, anyone who lives to be 67+ years old has outlived anyone who dies at 50 from cancer. No one has an automatic right to anything! Everyday above ground is a gift from God!

Secondly, anyone that has worked all their life has by definition had that entire time to earn money and make savings to pay for the cost of their retirement. Or should we pay Warren Buffet's taxes for him, too?

Thirdly, you want young couples with young children of their own to pay more taxes to support elderly people that have had many more years to work and save?

Not to forget that due to the inflation that comes from governments spending money that they do not have that all those assets that Granny bought are now worth way more than she paid for them, but practically out of reach for that young family looking to get on the housing ladder.

Oh sorry, FCK them! They can pay high taxes, high house prices AND live 50-miles from their work because Granny's generation did not make the right political choices when voting for the past 50-years!

No, let's give her a tax holiday instead? Then we can all pay more taxes, and she can give her house to her children! Great FCK'G idea!

Let's keep her alive until she's 110, so that she can watch even more TV! Who cares what it costs? It's only debt our grandchildren will have to pay anyway!

And where is Granny's family? She was probably such a great role model and loving parent that I am sure her family would gladly pay $12.000 to keep her in her house of which they have so many happy childhood memories right? I know I would.

Bad things happen to good people all the time. However, your suggestions border on the ridiculous! If you're not willing to let Granny pay her taxes then I suggest you mail her the $12.000 from your own paycheque!

You can have any social system you want including a cradle to grave welfare state, so long as you have the economy to pay for it. Make your hard choices and then pay for them!

I want flat taxes and I want everyone to pay them!
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Re: The new America: Work until you die program

Unread postby uNkNowN ElEmEnt » Thu 27 Dec 2007, 09:16:02

$this->bbcode_second_pass_quote('MrBill', 'A')nd where is Granny's family? She was probably such a great role model and loving parent that I am sure her family would gladly pay $12.000 to keep her in her house of which they have so many happy childhood memories right? I know I would.

Bad things happen to good people all the time. However, your suggestions border on the ridiculous! If you're not willing to let Granny pay her taxes then I suggest you mail her the $12.000 from your own paycheque!

I want flat taxes and I want everyone to pay them!


Hear, hear!
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Re: The new America: Work until you die program

Unread postby vision-master » Thu 27 Dec 2007, 11:16:37

State of Minnesota - Senior Citizen Property Tax Deferral program.

$this->bbcode_second_pass_quote('', 'T')he Senior Citizen Property Tax Deferral Program was established to help senior citizens who were having difficulty paying their property taxes. This deferral program has two primary advantages for senior citizens.

It limits the maximum amount of property tax you pay to three percent of your total household income, and
It provides predictability. The amount of tax you pay will not change for as long as you participate in this program.


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Re: The new America: Work until you die program

Unread postby Tyler_JC » Thu 27 Dec 2007, 14:07:05

First point, my hometown currently has the property tax deferral program for lower income senior citizen.

How many people are eligible for this program? Hundreds!

How many take advantage of it? As of the last town meeting, two households.

Our program means that senior citizens, if they want to, can accumulate a backlog of property taxes until the property is sold or the senior citizen dies and passes the property to his or her heirs.

It is not an estate tax because the taxpayer is not being taxed for dying, he or she is merely repaying the town for years of back taxes.

Moreover, the property tax rate is only 1.1% of the home's accessed value (which is often times far less than the actual market value).

Meaning, it would take more than 90 years for someone to accumulate more in back taxes than the house is worth. :roll:

Second point, what do you mean people aren't living past 70?

Image

And our numbers would be much better if not for high rates of obesity, which has surpassed smoking as the leading cause of premature death.

As red meat and highly processed junk food gets more expensive, I expect obesity rates to drop. We are going to have high life expectancies for the foreseeable future.
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Re: The new America: Work until you die program

Unread postby I_Like_Plants » Thu 27 Dec 2007, 15:17:19

$this->bbcode_second_pass_quote('MrBill', '
')I want flat taxes and I want everyone to pay them!


I agree! Here here!

Come up with a flat tax, you pay 15% or whatever, no matter how much you earn, perhaps come up with a lower limit, like in the US if you make less than 4 grand a year you don't have to pay taxes.

The rich are paying a tiny amount, the working poor are paying something like a third of their income in taxes just between the federal and state. Ask the guy at the sandwich shop or the guy at the gas station if you don't believe me.

The present system is HIGHLY regressive.
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Re: The new America: Work until you die program

Unread postby Tyler_JC » Thu 27 Dec 2007, 16:03:04

$this->bbcode_second_pass_quote('I_Like_Plants', '')$this->bbcode_second_pass_quote('MrBill', '
')I want flat taxes and I want everyone to pay them!


I agree! Here here!

Come up with a flat tax, you pay 15% or whatever, no matter how much you earn, perhaps come up with a lower limit, like in the US if you make less than 4 grand a year you don't have to pay taxes.

The rich are paying a tiny amount, the working poor are paying something like a third of their income in taxes just between the federal and state. Ask the guy at the sandwich shop or the guy at the gas station if you don't believe me.

The present system is HIGHLY regressive.


Both of my parents are certified public accountants. Trust me, the present system is highly progressive.

Under a 15% flat tax with a $4,000 deduction per person, as you propose:

A family of 4 earning $36,000 a year would pay $3,000 a year in taxes.

Currently they would pay $643.

I don't think you want to force lower income people to pay more than they currently do...

As for the rich family of 4 earning $500,000 (assuming that all of that is taxed under your flat tax proposal)

They would pay $72,600 under your plan.

Today, assuming that half of that income was in the form of dividends (and thus taxed at a much lower rate), they would still be paying $147,420.

You would be creating a massive tax hike for the poor and a massive tax cut for the rich.
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Re: The new America: Work until you die program

Unread postby I_Like_Plants » Thu 27 Dec 2007, 16:37:40

Man that is such bullshit. I've been among the working poor most of my life, and I can tell you, the tax rate is 25-35%! And I've known rich people and I can tell you, they either pay very little tax or none at all.
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Re: The new America: Work until you die program

Unread postby vision-master » Thu 27 Dec 2007, 17:48:18

$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('I_Like_Plants', '')$this->bbcode_second_pass_quote('MrBill', '
')I want flat taxes and I want everyone to pay them!


I agree! Here here!

Come up with a flat tax, you pay 15% or whatever, no matter how much you earn, perhaps come up with a lower limit, like in the US if you make less than 4 grand a year you don't have to pay taxes.

The rich are paying a tiny amount, the working poor are paying something like a third of their income in taxes just between the federal and state. Ask the guy at the sandwich shop or the guy at the gas station if you don't believe me.

The present system is HIGHLY regressive.


Both of my parents are certified public accountants. Trust me, the present system is highly progressive.

Under a 15% flat tax with a $4,000 deduction per person, as you propose:

A family of 4 earning $36,000 a year would pay $3,000 a year in taxes.

Currently they would pay $643.

I don't think you want to force lower income people to pay more than they currently do...

As for the rich family of 4 earning $500,000 (assuming that all of that is taxed under your flat tax proposal)

They would pay $72,600 under your plan.

Today, assuming that half of that income was in the form of dividends (and thus taxed at a much lower rate), they would still be paying $147,420.

You would be creating a massive tax hike for the poor and a massive tax cut for the rich.


And would really hurt people on fixed incomes, like retired ones. Flat Tax would be great for the weathly & suck for everyone else. Just think of the tax on your gas or electric bill alone.
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Re: The new America: Work until you die program

Unread postby I_Like_Plants » Thu 27 Dec 2007, 18:55:33

When does tax on INCOME become a tax on your bills?

I smell a Democrat... :x
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Re: The new America: Work until you die program

Unread postby vision-master » Thu 27 Dec 2007, 20:10:57

$this->bbcode_second_pass_quote('', 'A') consumption tax is a tax on the purchase of a good or service. The term "consumption tax" refers to a system whose tax base is consumption (as opposed to income or labour). While this can be structured like a sales tax, realistic proposals for a consumption tax recognize that regressivity is a problem with pure sales taxes. Using exemptions, graduated rates, deductions or rebates, a consumption tax can be made progressive, while allowing savings to accumulate tax-free.[citation needed]



Is not electric or gas goods and or services?
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Re: The new America: Work until you die program

Unread postby I_Like_Plants » Thu 27 Dec 2007, 20:13:20

We're talking about an income tax, not a sales tax.

That's a seperate issue.

PS I think Joe Horn should get tax forgiveness for being a hero. :-D
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Re: The new America: Work until you die program

Unread postby MrBill » Fri 28 Dec 2007, 06:17:10

Tyler_JC wrote:
$this->bbcode_second_pass_quote('', 'B')oth of my parents are certified public accountants. Trust me, the present system is highly progressive.

Under a 15% flat tax with a $4,000 deduction per person, as you propose:

A family of 4 earning $36,000 a year would pay $3,000 a year in taxes.

Currently they would pay $643.

I don't think you want to force lower income people to pay more than they currently do...

As for the rich family of 4 earning $500,000 (assuming that all of that is taxed under your flat tax proposal)

They would pay $72,600 under your plan.

Today, assuming that half of that income was in the form of dividends (and thus taxed at a much lower rate), they would still be paying $147,420.

You would be creating a massive tax hike for the poor and a massive tax cut for the rich.


MrBill:
$this->bbcode_second_pass_quote('', 'I') want to throw the net wide and catch as many taxpayers in it as possible. That means the rate of the fixed tax can be lowered. But critically I would allow zero deductions, and tax all income regardless of its source at one rate to discourage any type of tax avoidance or tax arbitrage. That means personal income, corporate, interest and capital gains all taxed equally.

I want a fully transparent system that neither unfairly punishes the poor nor allows the rich off the hook either. The poor would pay the same flat tax. No minimum. A tax rebate can then be granted for low income families. But I want them to see what government costs them personally! And, of course, this means eliminating the debt and running balanced budgets, so if you want lower taxes you also have to accept lower public spending as well.

Too many feel that the rich do not pay enough taxes and that simply is not true. In the UK, for example, the top one percent pay 22-percent of all taxes. I would call that a lot. Places like Russia that have implemented flat-taxes (13%) and Hong Kong (15%) have seen better compliance and lower enforcement costs. That saves money. I think anything above 25% is simply state sanctioned theft!

Taxes in Germany, on the otherhand, are way too high, so 75-percent of all Germans are on some kind of income support from the government. That is crazy. They spend money to collect the taxes that distorts the economy. Then they spend money arguing about how to divide this income. And then they spend more money to re-distribute it back to the people. How inefficient is that? My last paycheque in Germany the state took 66% of my gross income! B@$+@RD$!

As for America, well it is none of my business, but you have been running deficits for years, and your future liabilities are as yet under-funded, so you can hardly say your current system is fair to future generations of taxpayers. Such a flat-tax may have to be phased-in over years, but the link between taxation and spending is broken and needs fixing. I would say, urgently! ; - )
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