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0.00% Income Tax for people making LESS than $150,000/year
- Thread starter Melensdad
- Start date
The original theme of the founders was that a person should be able to keep the fruits of their labors.
This proposal actually meets the fundamentals of our founding.
Unlikely to pass in today's understanding of government.
For me, a fundamental constitutionalist, it appeals.
That said, don't hold your breath.
This proposal actually meets the fundamentals of our founding.
Unlikely to pass in today's understanding of government.
For me, a fundamental constitutionalist, it appeals.
That said, don't hold your breath.
I would disagree, I don't think it does meet the fundamentals, because a large part of the fundamentals was LIMITED FEDERAL/CENTRAL control.
This does little to changing the center of power. It only changes the shifting of the tax code to simplify the code. Currently the lower income brackets already pay, after all the deductions, subsidies, contortions, etc, very low taxes. Many actually pay negative taxes. But that doesn't change the centralization of power.
THE OTHER things that are being proposed, like closing down agencies, MAY EVENTUALLY help meet more of the fundamentals of our founding. But only if codified by Congress with both the collection of the money and the powers to regulate shifting back to the states.
Prior to the revolution, everything was the property of the King. The land you worked, the buildings on it, the production of your labor. Even your children, were the property of the King.
It was never the intent of the Founders, to tax the income of the people. That is easily proven by the basic tenant implied in our personal rights of Freemen to own property and prosper not for the benefit of the king but ourselves. Such logic coincides with the concept of basic individual freedom.
It is why our young nation, from its birth, prospered so well.
The young nation developed two ways of supporting the government. Customs levied tariffs on all incoming materials. Hence the "secret rooms" in the houses of many sea captains. And taxes on native commodities, for example, alcohol. Customs was the IRS of the period.
You may recall the Whiskey rebellion being one of George Washington's major issues wherein he exercised the power of his office to enforce the new laws of the land.
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However with 80% or more making less than 150k all that tax money sure adds up. So I do not think this will ever happen. Once they have their hands in our pockets it only goes deeper, never comes out.
On a positive note, has anyone noticed that gasoline has dropped 19% since January 20th?
Thats 52 to 47 cents per gallon here in the Midwest.
Diesel, however, remains above $3.20 a gallon.
Thats 52 to 47 cents per gallon here in the Midwest.
Diesel, however, remains above $3.20 a gallon.
Not on the west coast. Up at least 20-30 cents.
waybomb
Well-known member
Is part of that the refinery issue, the only one? Or did Newsom add some more tax?
Same here in NW Wyoming. Although 3.15 a gallon instead of West Coast prices.
Color me surprised.
The West Coast obviously needs new management.
CA(California) pretty much equals CA(Canada). Just better weather.