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IRS budget cuts cost $34.3B in lost revenue from big business

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Re: IRS budget cuts cost $34.3B in lost revenue from big business

#271

Earlier quoted context omitted.

> everyone puts in according to their ability Ahh yes punish those who worked to provide something worthwhile and reward those who couldn't be bothered to do the same.

I love how the sick and handicapped are in the category of "those who couldn't be bothered".

The sick and handicapped are not the main recipients of the 33%+ GDP tax revenues of the american government.

Re: IRS budget cuts cost $34.3B in lost revenue from big business

#272

How much was made up from the tariffs? I suspect it was the roughly the lost revenue.

Zero. The lost revenue is still lost. It can only be made up by funding and staffing the IRS. The existence of new taxes does not negate this outcome.

Re: IRS budget cuts cost $34.3B in lost revenue from big business

#273

Abolish all of the tax code, pass a federal sales tax, almost entirely do away with the IRS, much more efficient - the end.

This would be the absolute fastest way to shift the federal tax burden from the top 20% to the bottom 50% and would likely cause consumer spending to plummet resulting in a recession. It's also a very nice way to punish lower through upper middle class savers.

This may be an ideal solution in theory, but it would likely be devastating in practice.

Re: IRS budget cuts cost $34.3B in lost revenue from big business

#274

Earlier quoted context omitted.

No. Taxes are not theft. Taxes are payment for services. Failure to pay is theft.

There is a big difference between the things your comment calls services and, e.g., Netflix's streaming service: namely, it is relatively easy to cancel Netflix's streaming service, and after I cancel, I no longer have to pay.

You can cancel your USA membership too - just renounce your citizenship and move to a service you find more appealing. Then you no longer have to pay.

Re: IRS budget cuts cost $34.3B in lost revenue from big business

#275

Earlier quoted context omitted.

There is a big difference between the things your comment calls services and, e.g., Netflix's streaming service: namely, it is relatively easy to cancel Netflix's streaming service, and after I cancel, I no longer have to pay.

You can cancel your USA membership too - just renounce your citizenship and move to a service you find more appealing. Then you no longer have to pay.

Hence the relatively easy in the comment you are replying to.

Re: IRS budget cuts cost $34.3B in lost revenue from big business

#277

Earlier quoted context omitted.

There's a faction of US politicians that are philosophically against (most) government and taxes. It's not about ROI, it's about their goals.

This faction of the US is unique, which is why the US has some of the lowest tax rates in the world and in consequences has one of the most positive balances in net immigration, specially considering it has one of the harshest immigration policies in the world.

The US has some of the lowest tax rates in the world, IFF you are making a large amount of money.

If you are earning a median wage a lot of other countries have comparable tax rates. If you are earning minimum wage a lot of other countries have lower tax rates.

Re: IRS budget cuts cost $34.3B in lost revenue from big business

#278
post #277

Earlier quoted context omitted.

This faction of the US is unique, which is why the US has some of the lowest tax rates in the world and in consequences has one of the most positive balances in net immigration, specially considering it has one of the harshest immigration policies in the world.

The US has some of the lowest tax rates in the world, IFF you are making a large amount of money. If you are earning a median wage a lot of other countries have comparable tax rates. If you are earning minimum wage a lot of other countries have lower tax rates.

Yup, not a great country to be poor. Also tax-pressure is still considerable (33% of GDP). This implies the US has lots of regressive expenditures and taxes.

On the whole, I think the tax rate is the main difference between the US and most of industrialized countries, and net immigration is hugely positive for the US.

Re: IRS budget cuts cost $34.3B in lost revenue from big business

#279

Earlier quoted context omitted.

You can cancel your USA membership too - just renounce your citizenship and move to a service you find more appealing. Then you no longer have to pay.

Hence the relatively easy in the comment you are replying to.

How do you propose basic services you use every day (i.e. infrastructure) are paid for if not through taxes?

Re: IRS budget cuts cost $34.3B in lost revenue from big business

#280

Earlier quoted context omitted.

Hence the relatively easy in the comment you are replying to.

How do you propose basic services you use every day (i.e. infrastructure) are paid for if not through taxes?

I never suggested eliminating taxes.
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