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Reed: Tax code needs to be simplified

January 16, 2013

Citing the National Taxpayer Advocate’s 2012 Annual Report, Re....

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Jan-16-13 8:40 AM

Sounds like a good idea on the surface. Unfortunately what ends up happening is that the lobbyists for those who can afford lobbyists come in later and create all kinds of loopholes to protect their interests. Like for corporate jets, which might help a few millioanires, instead of millions of average people.

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Jan-16-13 9:14 AM

Marcia is confused. Under obama, capital gains will go to 40% tax rate. This puts US at a huge world disadvantage.What the libs want , right ? The libs are already priming for a huge tax increase on the middle class as that is where the money is. Marcia, why do jets, guns ,trans fats, soft drinks bother you libs so much ? I say who cares. It is like a choice thing. If a woman can have all the abortions she wants, why cant we have the things mentioned. Are women sacred cows like in India ? There is not enough money from the rich so the middle class is next. I hope he gets these incereases to wake up the lugheads that voted for him.

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Jan-16-13 10:31 AM

No Steinerdzzz, you're confused -- you believe you are entitled to your social security and medicare, for amounts above and beyond what you paid into them. Your sense of entitlement is no more legitimate nor deserving than any one else's entitlement.

What is not confusing is that you are misogynistic, mooching aging boomer white guy -- the world has passed you by, doesn't care what you think, doesn't believe one wit in your lunatic gibberish rantings and won't really care when the village idiot passes.

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Jan-17-13 4:14 PM


I actually agree completely, although you might not like my solution.

Considering many of those in Congress helped make the tax code the confusing monster that it is I can't see them doing anything but making it worse.

For that reason I saw that it can't be fixed and as such to correct it we need to scrap it and replace it with a flat tax, with only a single deduction that would be equal to say 1.5 times the poverty line (maybe a second for health insurance cost so as to encourage private policies.)

An alternative would be a national sales tax, but either of these should be tied to a balanced budget amendment such that if the government wanted to spend more then they were bringing in that they would have to raise taxes on everyone to do it so they couldn't kick debt down the road like they do now.

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Jan-17-13 4:22 PM


While I am not fan of Steiner your constant rants about his taking more from SS then he paid in is total hogwash since they in effect insurance policies which the government forces you to take part in under threat of force.

Just as with health insurance, life insurance, or any other other similar schemes some people get more benifit from it then others.

Is a person with an electric car mooching off those driving SUVs since they aren't paying gas taxes, which are for road maintenance?

Now I realize that many want to lump SSI and medicare in with medicaid and the dozens of various welfare programs but that's not to benifit taxpayers or the country and is simply an attempt to excuse and/or justify those who spend their lives leeching off of productive citizens.

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