Flat tax is fairer than most

  • Follow Letters

The president speaks of fairness within the tax system but, in truth, our current tax system is abhorrently unfair – for more well-to-do people.

We have a graduated tax system that basically ups the percentage of taxes paid as you increase your income. That, in and of itself, is unfair. If the tax rate was flat, then everyone would pay their “fair share.” But it is not.

Of course, we should not forget the many tax exemptions and loopholes that many well-to-do have access to, and make a difference for them far more than those in the lower tax brackets. Still, if fairness is desired, then all people – with no exceptions and exemptions – should pay the same percentage.

Fair tax systems that have been suggested as an alternative to our current system would be a way to tax those who slip through the cracks but still do business within our market. There are a number of folks who are off the radar, so-to-speak, who pay no taxes (those participating in an underground economy or illegals).

Sales taxes would help in that area, but the fairness would virtually stop there. It would be unfair to lower-income individuals to pay sales taxes because those folks use a greater proportion of their income having to buy things on the market (i.e. groceries, fuel, electronics, etc.). This means a fair tax would hit some harder than others based on one’s ability to invest and capitalize vs. the cost of living every day.

It is still far “fairer” to have a flat tax system than, especially, our graduated system we currently have in place.

Will Tinney

Aiken, S.C.

Comments (31) Add comment
ADVISORY: Users are solely responsible for opinions they post here and for following agreed-upon rules of civility. Posts and comments do not reflect the views of this site. Posts and comments are automatically checked for inappropriate language, but readers might find some comments offensive or inaccurate. If you believe a comment violates our rules, click the "Flag as offensive" link below the comment.
Techfan
6461
Points
Techfan 02/06/12 - 06:20 am
0
0
With 138 million tax filers

With 138 million tax filers in the US, each would have to pay around $9,000 a year just to cover the military budget.

carcraft
25270
Points
carcraft 02/06/12 - 06:35 am
0
0
Techfan- Obama is interested

Techfan- Obama is interested in fairness, not debt or deficit spending so what is your post about ? http://www.youtube.com/watch?v=c4iy2OfScQE

Jon Lester
2285
Points
Jon Lester 02/06/12 - 07:00 am
0
0
If you're arguing for a flat

If you're arguing for a flat tax, then you should also agree that the cap on the Social Security tax should be lifted so that everyone is paying a true 6%, no matter how much they make.

Techfan
6461
Points
Techfan 02/06/12 - 07:41 am
0
0
Seriously, a video by

Seriously, a video by drunktrader.com as a source????? You have to be kidding.

Little Lamb
45369
Points
Little Lamb 02/06/12 - 09:07 am
0
0
Don't forget that the cap on

Don't forget that the cap on the Social Security tax also caps the benefits. It's a trade off.

What people should be concerned about is the sneaky reduction in Social Security taxes that Obama endorsed (the idea came from socialist economist Robert Reich). We are now paying less than we used to. That means we will receive fewer Social Security benefits in the future. It is a cruel hoax that the Obama administration is playing on the wage earner.

curly123053
4570
Points
curly123053 02/06/12 - 09:34 am
0
0
A flat-tax keeps the

A flat-tax keeps the taxpayers on the politician's puppet strings with an income tax, which is derived from a tenet of the Communist Manifesto designed to keep the people under the control of the government. The FairTax would provide a much more stable income for the government to operate and would remove the taxpayers from the puppet strings of government. Go to www.fairtax.org for more information.

Fundamental_Arminian
1833
Points
Fundamental_Arminian 02/06/12 - 10:02 am
0
0
"... if fairness is desired,

"... if fairness is desired, then all people – with no exceptions and exemptions – should pay the same percentage" (Will Tinney).

Mr. Tinney has rediscovered what God commanded, everybody paying at the same rate. God's rate was the tithe (10 percent).

When Joseph reigned as Pharaoh's second in command, a 20-percent rate was charged of farmers whose land Pharaoh owned. I think a flat tax rate of 10 to 20 percent, with no exemptions or loopholes, should be enough for our nation. Rates any higher would weaken the economy by limiting people's purchasing power.

"It would be unfair to lower-income individuals to pay sales taxes because those folks use a greater proportion of their income having to buy things on the market (i.e. groceries, fuel, electronics, etc.). This means a fair tax would hit some harder than others based on one’s ability to invest and capitalize vs. the cost of living every day" (Will Tenney).

This criticism of the FairTax is good. Instead of forgetting the FairTax, however, we should consider solutions. It's been proposed, for instance, that a monthly check be issued to every household to cover essential purchases (e.g., foods, fuels). This proposal would favor legal citizens and residents since illegal aliens wouldn't get these checks. Meanwhile, sales taxes would ensure that illegals and criminals pay their fair share.

I think there are ways to make the FairTax work.

Bizkit
30803
Points
Bizkit 02/06/12 - 10:07 am
0
0
A flat tax would seriously

A flat tax would seriously hurt the guvment coffers. But since Obama is calling on his christian faith for "to those given much, much is required" then he should be in favor of a 10% flat tax because after all that is all God requires. Why should he require more??
The defense budget is too large as is the guvment insurance social programs. Guvment needs to be accountable, fiscally responsible, transparent, etc. . So even though Obama promised as much with Change we see the same.

Fundamental_Arminian
1833
Points
Fundamental_Arminian 02/06/12 - 10:28 am
0
0
Good point, Bizkit. If Obama

Good point, Bizkit. If Obama were a Christian, he'd ask, "What would Jesus do?" Jesus favored a flat tax, the tithe!

sconservative
61
Points
sconservative 02/06/12 - 10:33 am
0
0
F_A's "monthly check" is

F_A's "monthly check" is called the prebate in Fair Tax land. It keeps the consumption tax from being regressive. Cain, Paul and Huckabee did a great service by putting tax reform in the debate. The 16th Amendment was sold as a tax on the 5%; the other 95% would not pay any tax. It has turned out to be a Trojan horse. Obamacare and Dodd-Frank will create bureaucracies similar to the IRS. When "spending cuts" were discussed "tax loopholes" distractions clouded the discussion. Get rid of the loopholes and you have a flatter tax.

faithson
5145
Points
faithson 02/06/12 - 10:31 am
0
0
I love the way 'regular

I love the way 'regular Joe's' are being bamboozled by the 1% thru their freedom loving Grover Norquist protege's. The argument that those who gain the most should not pay the most is specious. How one can argue that a tax of 40% on an income of one million dollars is 'unamerican' only shows the plaintiff's selfish desire to 'keep what is MINE', an unaltristic attitude that is self serving. If you can't get along on 600,000 dollars in a country that is the 'light on the hill', than your selfishness has overtaken your better, and what I would call 'Christian' nature.

sconservative
61
Points
sconservative 02/06/12 - 10:37 am
0
0
When Jesus talked about "to

When Jesus talked about "to whom much is given, much is required", he meant that the blessed person would share with those he felt were deserving folks - not send cash to Obama to give to his friends and buy votes.

Fundamental_Arminian
1833
Points
Fundamental_Arminian 02/06/12 - 10:52 am
0
0
"The argument that those who

"The argument that those who gain the most should not pay the most is specious" (faithson).

Don't forget that a flat tax requires people with the most gains to pay more. Ten percent of $10 million, for instance, is a lot more than 10 percent of $20,000.

You're arguing that people with the most gains should pay at the highest rates. Such a tax system is grossly unjust, which is why Jesus never called for it. You're also forgetting that federal income taxes are just part of what's demanded of us. If you add state, local, and Social Security taxes, you'll see that we are way overtaxed.

Something else: while we're alluding to the Bible, let's remember that God never instituted a fiat currency. Diluting the value of our currency is one way that our government collects hidden taxes from us. This tax robs us of our savings and of the value of any life insurance we've bought. It amounts to theft aimed at transferring wealth in order to buy votes and enrich banksters and politicians.

allhans
23546
Points
allhans 02/06/12 - 10:59 am
0
0
Regardless of the rate, if

Regardless of the rate, if spending is out of control then it will make no difference.
The treasury prints money to offset the shortage...and all your work is in vain.
A change in leadership could settle the problem of over-taxation.

carcraft
25270
Points
carcraft 02/06/12 - 11:26 am
0
0
Faithson I went over this

Faithson I went over this yesterday. The wealthy already pay more than thier fair share. Here is a break down. here is the analysis of your question by Forbes magazine. "Obama’s rhetoric aside, he won’t admit that the richest Americans already pay far more than their fair share in taxes. The IRS says the top 1% of income-earners ($380,354+) generate 20% of all personal income yet pay 38% of all federal income taxes. The top 10% ($113,799+) earn 46% of total personal income but pay 70% of all such taxes, while the other 90% of federal tax filers, making 54% of personal income, pay just 30% of federal income taxes. Even worse is the disproportion embodied in the fact that the bottom 50% in income (federal filers making $33,048 or less) earn only 13% of taxable income yet pay a mere 3% of all federal income taxes. The Tax Foundation further calculates that the portion of U.S. federal returns paying no taxes has been fast-approaching 50% in recent years – triple the share in 1984". http://www.forbes.com/sites/richardsalsman/2012/02/01/the-inequality-deb... Yes the wealthy pay their fair share and more when you consider activities like foundations, grants' scholarships etc they produce to help others!Techfan- Sorry you don't like the source but Obama said in a TV debate with Clinton he would raise taxes out of "fairness" not because it would raise revenue!

Conservative Man
5448
Points
Conservative Man 02/06/12 - 11:56 am
0
0
Not sure which I like better

Not sure which I like better the Fair Tax or the flat tax. Still mulling them both over. As a conservative I feel the graduated income tax is unconstitutional and should be repealed and the IRS abolished.
A graduated income tax is one of the major tenants put forth by Marx and Engels in the Communist Manifesto. It basically punishes achievement and sends the message that the more you make the more they take...therefore why try to better your situation?
One thing I'm sure of, the system we have now isn't working.

harley_52
23005
Points
harley_52 02/06/12 - 11:58 am
0
0
Techfan said "With 138

Techfan said "With 138 million tax filers in the US, each would have to pay around $9,000 a year just to cover the military budget."

In my opinion, the single most significant reason for going to some version of the "fair tax" is that the number of "tax filers" will increase dramatically and so will revenue to the government. All the people who now work "under the table" would then be paying taxes right along with those who have been paying taxes all along.

Lots of other good things about it, but that's the biggie.

faithson
5145
Points
faithson 02/06/12 - 01:02 pm
0
0
'The wealthy already pay more

'The wealthy already pay more than their fair share.' So, Mitt's 13.8% on 42 million is 'fair' and in fact according to many is 'more than fair'. Sounds like a pretty skewed appreciation of what 'fair' means and it is this 'skewed' perception that is being called into question. Accordingly, it was fair for Rosa Parks to sit in the back of the bus, at least she had transportation.

TParty
6003
Points
TParty 02/06/12 - 01:14 pm
0
0
Faithson- What do you think

Faithson-

What do you think would be a good number on the $42 million, that was taxed at 13.8%? Money that was invested- meaning it could have been lost and never recovered due to the risk, money that gave capital to businesses or people for loans so that they can maybe fulfill their ideas... What would be a good number?

Not sure how liberals wanting to take more money from folks like Mitt equates it to being a Rosa Parks issue, but okay...

burninater
9404
Points
burninater 02/06/12 - 01:18 pm
0
0
"Fairness" is an interesting

"Fairness" is an interesting philosophical subject, very suitable for cigars and scotch around a crackling fire. When it comes to policy, however, it is sometimes useful to look at the real world. The progressive tax code saw America become the premier economic superpower. Even Reagan saw the value in it.

The destruction of this tax policy from the mid-nineties onward now has the U.S. teetering at the edge of an economic cesspool. Well, 99% of us at least.

But why should we think about real stuff? It's so much easier to be on the right side of an argument in Fantasyland.

Bizkit
30803
Points
Bizkit 02/06/12 - 01:23 pm
0
0
I am surprised that Obama

I am surprised that Obama would call on the name of Jesus Christ because it would alienate him from his progressive base that hates christianity. You can get away saying generic god but when you mention the name of Christ-oh boy watch out. He must of gone to a progressive rally and told them he was going to use this ploy and that is doesn't mean anything. Otherwise every progressive blog would be having a hissy fit he acted delusional or ignorant by proclaiming the christian faith and the belief in a the old man in the sky or the green eyed monster.. But now he has let the Genie out of the bottle with this christian philosophy because now we can hold em to it-and baby that cuts both ways. The ten percent tithe to tax comparison is just the beginning.

carcraft
25270
Points
carcraft 02/06/12 - 01:40 pm
0
0
Faithson- Romney owns tock

Faithson- Romney owns tock incompanies. This means that Romney is part owner of the company. The corperate stock rate is 40% on profits. Romney has already paid 40% on the profits the corperation made and is now charged another 13% making his effective tax rate 53%. Is that fair to you!

Bizkit
30803
Points
Bizkit 02/06/12 - 01:44 pm
0
0
We taxpayers own thirty

We taxpayers own thirty percent of GM. GM won't pay any taxes for two years. What a rip off!!! Shoudn't they be paying the corporate rate too. We want our fair share!!!!!

allhans
23546
Points
allhans 02/06/12 - 02:07 pm
0
0
I heard that Biz...They are

I heard that Biz...They are touting the fact that they are making money, not mentioning the fact that in addition to no taxes, they are still getting taxpayer subsidies for such products as the Volt

faithson
5145
Points
faithson 02/06/12 - 02:14 pm
0
0
humm... my wife has 20 grand

humm... my wife has 20 grand in a retirement account, in other words, stock. Her account LOST 450 dollars last year. Mitt has over 200 million in stocks. Made 22 million to the good. YEA, the playing field is level. It is just what 'park' your playing in that matters. I suggest that depending on where you 'play' the rules should change, just as the 'park' has changed. But hey, those that espouse 'parity' and 'equalness' among all players on all fields, more power to them; I just don't think it is Just.

Conservative Man
5448
Points
Conservative Man 02/06/12 - 03:54 pm
0
0
"The progressive tax code saw

"The progressive tax code saw America become the premeir economic superpower" So you are saying taking money away from citizens and putting it in the hands of government created the economic boom following WWII? Not buying it....sorry....

allhans
23546
Points
allhans 02/06/12 - 05:00 pm
0
0
Mitt Romney was/is a

Mitt Romney was/is a successful business man. Not everyone can say the same. Some of us never perhaps had the drive. hmm

Bizkit
30803
Points
Bizkit 02/06/12 - 05:05 pm
0
0
I have to wonder if the Prez

I have to wonder if the Prez is retarded or something cause he sure has a weird idea about fair-must be Bizarro World fair where everything is opposite. He thinks it's fair to raise taxes on a group that already pays the higher rate and percentage of taxes, yet half pay no taxes and he has no problem with that. He has bailed out the auto industry who are paying no taxes yet he demonizes the 1% for any tax exemptions-at least be consistent man. He is spending our tax money frivolously on loser propositions like Solendra because of his ideology failing to recognize the most basic of business principals. He is just incompetent for this job, although personally I like him and agree with some of his social agenda-we should have better health care (and everyone should have it) but he screwed that up too (well Congress did). I think we need to take him at his word-he always talked up Change. Well its about time for a change . He demonizes the 1% in one breath but then the Buffett principal and Soros with MoveON are just right. Maybe its ADHD.

carcraft
25270
Points
carcraft 02/06/12 - 06:36 pm
0
0
Faithson-Maybe now that you

Faithson-Maybe now that you realize, because of your wife's investment loss, that investing entails a certain amount of risk and understanding of markets as well as understanding of diversification on investments. Then there is the understanding of alpha and beta, other concepts related to mutual funds ( if that is what she is invested in). That is why they pay a lower capital gains tax. So Romney earned about 10-12% on his investments, he sure had to be paying attention! My investments earned about 8-9% last year!

garner49
0
Points
garner49 02/09/12 - 02:48 pm
0
0
Only the FairTax is 'fair'.

Only the FairTax is 'fair'. A flat tax still holds to the many pages of regulations, filing and forms. With the FairTax, you control how much you pay by what you buy and EVERYONE pays, even the drug dealers - and April 15th is just another Spring day.

Back to Top

Top headlines

Commissioners seek attorney general's opinion on SPLOST

Two Augusta commissioners are seeking an opinion from Georgia Attorney General Sam Olens on the city's disbursement of sales tax proceeds to non-profits.
Search Augusta jobs