Posted on 06/28/2016 7:33:30 PM PDT by freedomjusticeruleoflaw
Someone earning $10,000 could be subject to maximum federal taxes under this limit of $1,500 per year. But someone earning 100 times as much at a million dollars would still be subject to maximum federal taxes of 100 times more, at $150,000 a year. The tax burden could still be skewed proportionally more to the upper income earners, but only by reducing the burden on the lower income earners. In other words, lower rates than 15% could still be imposed on those at the lower income levels, while the highest could still be subject to a top rate of 15%.
(Excerpt) Read more at forbes.com ...
For me, I've just gotten used to the fact that Mr. Levin is going to question politicians and the stuff they say.
Are some of Levin's comments/opinions of what Trump says critical?
Sure!
It's not the end of the world if someone susses/analyzes the practicalities/legality of what candidates are saying.
Levin is so predictable leading off with his latest criticisms on Trump, generally not favorable, but Levin's show is still worth listening to for the educational value once Levin gets over Trump, then gives us a refresher course in Federal Tariffs and the history of how the IRS came to be in 1913.
When Levin starts cracking open useful facts and data, that's why I still listen to him; Levin's opinions on Trump are of no interest to me.
LOL...no doubt, Levin has the same opinion of us.
He’s lost touch....or, maybe he really never had it :(
Bookmark
I couldn't take it for more than about 20 minutes. I'd rather listen to someone scratching their fingernails on a chalkboard. He's jumped the shark in his anti-Trump idiocy. IMHO He has joined the dark side. He's a soreloserman. I suspect his audience is leaving in droves.
I would prefer a national sales tax at the point of sale 1000 times over the income tax. It would be anonymous, less intrusive, no paper work, no record keeping, no self incrimination, keeps our privacy and prevents the government from treating us like puppets with special deductions to reward a particular behavior or onerous taxes to punish other behaviors. Additionally everyone would pay into the system, including criminals. And eliminating the IRS would rid us of an agency used to destroy political adversaries.
I would strictly limit tariffs, since I believe they are counterproductive. I would only use them if another country imposes them on us first.
There needs to be an uprising against income taxes if we want to be free.
I haven't paid him any attention since, until he went completely nutso over Twee Teddy ( which I only found about here ) and then many others found out what a real jerk he is. He, as so many others have, this past year, proved, beyond a shadow of a doubt what an utter and complete arsehole he is.
A National Sales Tax/VAT makes products more expensive, turns everyone/company into a tax collector, sans pay, and a government stooge! It would also require name taking.
How do you really feel:) I never had much use for him.
I heard him bash tariffs even though the Founders used tariffs. He completely lost me today.
I do think that tariffs should definitely be used if the exporting country institutes subsidies which most of the world seems ro favor more than the United States.
I heard him bash tariffs even though the Founders used tariffs. He completely lost me today.
I do think that tariffs should definitely be used if the exporting country institutes subsidies which most of the world seems ro favor more than the United States.
Yup...too funny, Levin, the guy who worked for Reagan, who used tariffs, is against tariffs.
mark levin is dead to me.
LOL....you should see some of my prior posts about Mark; this one was “mild” in comparison.
No, those are anarchists.
Conservatives and libertarians who are educated at all in history know that the "progressive income tax" is an absolute crime against Freedom, and a central tenet of Communism, along with other wonders such as fractional reserve banking and inheritance taxes.
There's simply no justification, either philosophically or morally (or even legally, IMHO) for imposing income taxes on everyday Americans. The very concept is anathema to freedom, the right to privacy, and common sense.
Just because we and our ancestors have been under the Income Tax's Tyrannical yoke for a good century now, is no reason for apologist rationalizations that seek to preserve it.
There's not a single thing I can think of that could more benefit the American middle class, and society in general, than the abolition of the Income Tax.
I'll resist the putrid income tax until the day I die. I spit on it and fart in its general direction. If the government wants to "make an example" of me in an effort to justify their Tyranny, that's what they'll have to do.
But I will always see the income tax as illegitimate, and praise and respect those who concur.
We need a widespread income tax revolt in this country.
The Founders were right: direct taxation is a Tyrannical abomination in virtually all its manifestations.
Vote Trump!
“Wilson’s handiwork as President bedevils the nation to this day. That includes the federal income tax, and the Federal Reserve Board. Posterity is finally beginning to recognize the rotten seeds Wilson planted that have grown to ensnarl America in vines that now threaten to bring the whole nation down.”
Mark (or is it Peter Ferrara?) as usual doesn’t know the history. He’s as ignorant as Glenn Beck. Wilson had little or nothing to do with creating the income tax or the Federal Reserve.
The income tax was proposed by Teddy Roosevelt, progressive Republican, in a 1906 message to Congress.
His successor, conservative Republican William Howard Taft, reiterated a request for an income tax in a June 1909 message to Congress. Congress passed the 16th Amendment allowing it in July and Taft signed it. It went to the states for ratification. Ratification was achieved in February 1913 a month before Wilson took office.
The Federal Reserve grew out of the Panic of 1907 when Teddy Roosevelt was President.
JP Morgan had been acting as the defacto central bank of the United States and backstopped the banking system during that Panic. But Morgan warned that the US economy had grown too big big for him to fill that role again and he pushed Congress to establish the National Monetary Commission which recommended the creation of a real central bank.
The Commission submitted its final report and draft legislation in 1912 while Taft was still President. Wilson was running for President and openly opposed the creation of a central bank. But Congress passed the Federal Reserve Act in June 1913 and Wilson signed it into law in December.
Name taking.. .. How? You must be a CPA.
They are all pulling that crap these days, the "conservative" mantra. Kristol, Lowry, Erickson, etc.. didn't hear them whining a bit when McCain and that asshat Romney were on the ballot. It's all about money flow... These so called "conservatives" are selling a bill of goods...and they are afraid their gravy train is drying up.
"September 8, 2013:100 Years After Woodrow Wilson, Mark Levin Pens A Brilliant Response100 years afte"
Actual title is "100 Years After Woodrow Wilson, Mark Levin Pens A Brilliant Response"
Wot's up wid dat?
Don't tell the mod...
No, I’m not a CPA; however, it’s just logical since governments like to keep track of things and people. There are always hidden consequences to everything.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.