NIL Exemption for State Tax?

[cavalot]

I'm too rural for the fire department to save my house. Fire chief has let me know that. I have no problem paying taxes towards or donating to my FD regardless. I am a member of a community. Not just about me or my family.

That's kind of the point. Everyone would love to live tax free. I hate.. HATE paying taxes especially high ones. But as a community member and a citizen of this country, I can see the benefit in doing so.

That doesn't mean that we shouldn't look at ways to lower them. I'm all for logical ways to do that and save money in areas that are wasteful. If DOGE can do that, without lining the pockets of certain individuals then great.

 

[king_kong_]

While you don't say anything specifically with regards to all taxes you have definitely made it clear that only lemmings would want to pay. Property, State Income, Federal Income. (Which I would love not to have to pay to pay by the way.)

So your sure genius and creative analysis has brought us to the conclusion that all that is needed is sales tax. Ok so what level of sales tax funds 842Billion in defense spending, all of the infrastructure needs, Backing the Blue, Fire Departments, Subsidizing large corporations and farmers, etc....

I'll remove, safety nets for the poor, health for 65+, all public education, and any other gross mismanagement of public funds that you see as a scourge on the tax paying citizens of the US.

So again how do we pay for the services that YOU feel are worthy of your earned money? What % raise in sales tax will make this a viable solution?

perhaps you should learn how to read (again - you proudly represent our public school system) before spewing your emotions all over this board:

paying taxes on property, goods and services is fine by me.

property taxes, sales tax & corporate tax can and should remain.

unsurprisingly, you forgo the opportunity for revenue generation via value creation by your beloved federal gov't.

want more money? start making more money instead of taking more money.

 

[cavalot]

perhaps you should learn how to read (again - you proudly represent our public school system) before spewing your emotions all over this board:



property taxes, sales tax & corporate tax can and should remain.

unsurprisingly, you forgo the opportunity for revenue generation via value creation by your beloved federal gov't.

want more money? start making more money instead of taking more money.

LOl. See that wasn't that hard. Good boy. You act as if you had spelled that out. Clearly you hadn't.

You still didn't answered the question on sales tax. But I will also throw in property tax as well. What % increase on sales tax and property tax along with "value creation" will make up for the 2.3 trillion dollar short fall?

Again I'm all for not paying taxes on my hard earned money. You have the answers, let's us here them. Can include cuts too.

 

[king_kong_]

LOl. See that wasn't that hard. Good boy. You act as if you had spelled that out. Clearly you hadn't.

You still didn't answered the question on sales tax. But I will also throw in property tax as well. What % increase on sales tax and property tax along with "value creation" will make up for the 2.3 trillion dollar short fall?

Again I'm all for not paying taxes on my hard earned money. You have the answers, let's us here them. Can include cuts too.

the US is the most innovative country in the history of the world.

no society has created more value, ever.

much of that innovation ($tens of trillions) is spurred by federal grants/funding - where is the return?

I don't have the answers, nor do I claim to (obviously). I do know there is a better & more equitable way forward.

income tax is - by its very definition - gov't overreach. that you have accepted it doesn't make it not so.

 

[cavalot]

the US is the most innovative country in the history of the world.

no society has created more value, ever.

much of that innovation ($tens of trillions) is spurred by federal grants/funding - where is the return?

I don't have the answers, nor do I claim to (obviously). I do know there is a better & more equitable way forward.

income tax is - by its very definition - gov't overreach. that you have accepted it doesn't make it not so.

Ok so first you say we are the most innovative country in the world. (Don't disagree)

Then you say that innovation is spurred by federal grants/funding, but ask where is the return?
Make that make sense.

Income tax, property tax (manipulated valuation), sales tax, any tax can be seen as overreach. It's my money, my property, why should I pay the government for it?

So the question becomes what's acceptable and at what %. Anyone can bitch and say I don't like it. But what are you going to do about it?

If you're going to ridicule people because they question your stance or your belief you should have the ability to back it up. Not simply jump to insults. I know that that is what is prevalent in today's society, but it's not appropriate.

 

[cavalot]

We're basically slaves that pay 40-50% of what we make to taxes if you work.

I don't disagree with this. Last year we paid a ridiculous amount in taxes. Trump is talking about no Income tax. While I'm no fan, I am intrigued. But how? That's all im asking.

 

[king_kong_]

Then you say that innovation is spurred by federal grants/funding, but ask where is the return?
Make that make sense.

if you don't want to be ridiculed, please take the time to read and comprehend the words I type and also refrain from making emotional assumptions.

Angel investors, VCs, PEs, etc. make a handsome return on similar investments to our federal gov't to spur innovation.

the fed acts like an Angel/VC firm in many, many cases, funding innovations from defense to disease to tech and everything in between.

what should be significant ROI on these public investments should be compounding in the world's largest hedge fund similar to an endowment.

but, it's not.

 

[cavalot]

if you don't want to be ridiculed, please take the time to read and comprehend the words I type and also refrain from making emotional assumptions.

Angel investors, VCs, PEs, etc. make a handsome return on similar investments to our federal gov't to spur innovation.

the fed acts like an Angel/VC firm in many, many cases, funding innovations from defense to disease to tech and everything in between.

what should be significant ROI on these public investments should be compounding in the world's largest hedge fund similar to an endowment.

but, it's not.

BS. I read and quoted what you wrote. You didn't specify crap, and its exactly what you try to do on anything you write about Rhule. So when asked for specifics instead trying to play school yard bully, just answer the damn question in the first place.

People might take you more seriously. Being a dick doesn't make you smart.

I guess I would ask the question....IF what you say is the remedy for what ails the finances of this country, why wouldn't a large % of economist agree with you? Why wouldn't the fed chair agree with you. We've had 14 of them in the last 100 years. 50/50 split amongst parties. Still pretty much doing the same thing. And nothing really changed from 16-20 either.

I think people underestimate the size and complexity of the Fed. Government. I get that that is what DOGE is trying to reduce, and If they can great. But it will still be complex, and it still has an obligation to its citizens. No matter how lazy or unlikeable they may be in your eyes.

Why does anyone actually believe that you can run the entire federal government like a personal business? Serious question.

Also when was the last time our government was fiscally sound? Balanced budget/no deficit? What did we do differently then? What has led to the current deficits? Taxes play a part, expenditures play a part. If were going to howl at the moon let's know why!

 

[king_kong_]

People might take you more seriously. Being a dick doesn't make you smart.

I guess I would ask the question....IF what you say is the remedy for what ails the finances of this country, why wouldn't a large % of economist agree with you?

LOL

these two sentences back to back are perfect.

did I say my Nebraska Football message board post was "the remedy for what ails the finances of this country"? of course not.

more emotional assumptions, more trouble comprehending the written word.

typical.

 

[cavalot]

LOL

these two sentences back to back are perfect.

did I say my Nebraska Football message board post was "the remedy for what ails the finances of this country"? of course not.

more emotional assumptions, more trouble comprehending the written word.

typical.

. So You've Got Nothing! Typical!