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Alabama needs money.

"church tax" should in that case be earmarked to feed the impoverished.

"churches" wouldn't complain since that is their mission.

"churches" seem to have failed miserably at saving their own souls from hell let-a-lone others.

this could dove-tail nicely as a remedy for their hypocrisy of racism and stealing Christmas from those they consider local urchins.  

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Originally Posted by jtdavis:

Alabama needs money. Republicans are in control. The poor are taxed out, republicans don't like to tax the 1%. The only thing left is to contact DC, get them to send more money.


I call BS, the majority of the poor don't pay taxes, that is a fact.

 

The top 1% pays more than the bottom 90%.

http://taxfoundation.org/blog/...es-bottom-90-percent

 

Stick that in your pipe and smoke on it.

Last edited by Mr. Hooberbloob
Originally Posted by jtdavis:

The top 1% pays more than the bottom 90%.

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And they have much, much more left over than the bottom 99%. Mainly because they shipped the good jobs overseas and hid the profit offs****.


Wallet envy?  Who cares how much they have, they still contribute the most.  One person paying a million dollars in taxes is helping the country out more than 1 million poor people paying nothing and still getting money back. 

 

When the 1% get fed up and leave for greener pastures, who's gonna pay all the taxes?

Originally Posted by jtdavis:

The top 1% pays more than the bottom 90%.

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And they have much, much more left over than the bottom 99%. Mainly because they shipped the good jobs overseas and hid the profit offs****.

Because they are supposed to, because they make more money.   I'll ask again and you never give a straight answer.  How much is enough for someone to pay in income taxes???   Do you really advocate taxing someone who makes 300K down to 70k?

I agree a lottery would not be bad but JT be aware the low income earners play it much more than others so might actually hurt them.  I think Churches should pay taxes on any property besides the actual Church, grounds and provided preachers home if they have one.  Too many Churches are in for profit businesses like assisted living etc.

Originally Posted by jtdavis:

The top 1% pays more than the bottom 90%.

--------------

And they have much, much more left over than the bottom 99%. Mainly because they shipped the good jobs overseas and hid the profit offs****.

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The overseas profits are for business the companies did overseas -- selling stuff made in the US or in other nations to persons overseas -- got that! The profits were not hidden, if their stock is listed on the DJ, S&P or the NSDAQ, but dutifully reported on their SEC filings.

Originally Posted by HIFLYER2:

I agree a lottery would not be bad but JT be aware the low income earners play it much more than others so might actually hurt them.  I think Churches should pay taxes on any property besides the actual Church, grounds and provided preachers home if they have one.  Too many Churches are in for profit businesses like assisted living etc.

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Most churches do report and pay taxes on their non-religious activities from nursing homes, to hospitals to parking lots.

 Do you really advocate taxing someone who makes 300K down to 70k?

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Hi flier, that is the right wings favorite pastime. Putting words in someone else's mouth. You know, "if you're a democrat, you have to ________" I'm a democrat and I don't have to do the stuff righties say I do.  Like that statement above, that is your words and you are trying to make them sound like I said them. 

I should be used to that on this forum.

Originally Posted by HIFLYER2:

I agree a lottery would not be bad but JT be aware the low income earners play it much more than others so might actually hurt them.  I think Churches should pay taxes on any property besides the actual Church, grounds and provided preachers home if they have one.  Too many Churches are in for profit businesses like assisted living etc.

==========

Well, yes , I agree, but then tobacco product taxes also mostly effect the poor , but because they are dumb enough to smoke, chew or whatever, nobody seems interested in worrying about that.

A lottery is a tax for people WHO WANT TO PAY IT !

 

Originally Posted by HIFLYER2:

I agree a lottery would not be bad but JT be aware the low income earners play it much more than others so might actually hurt them.  I think Churches should pay taxes on any property besides the actual Church, grounds and provided preachers home if they have one.  Too many Churches are in for profit businesses like assisted living etc.

======

Sadly, the concept of the small, community church that ministered to and helped a congregation and did good for that community is long gone. Now, we have the mega churches, who have tV shows and multi millionaire preachers. Time to tax these people who are bilking the people tax free.

 

Originally Posted by seeweed:

It's way past time for us in this state to sell and tax marijuana, bot for medicinal use and recreational use. It will happen , however, but I will bet that Alabama will be one of the very last to benefit from it.

 

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Revenue collections in Colorado are well below expectations,

Originally Posted by jtdavis:

 Do you really advocate taxing someone who makes 300K down to 70k?

----------------

Hi flier, that is the right wings favorite pastime. Putting words in someone else's mouth. You know, "if you're a democrat, you have to ________" I'm a democrat and I don't have to do the stuff righties say I do.  Like that statement above, that is your words and you are trying to make them sound like I said them. 

I should be used to that on this forum.

Ok so how much should someone making 300k be taxed?  Simple question for you.

The $300,000 income should be taxed at the IRS percent. When major corporations make billions, pay no tax and receive hundreds of millions in refunds, there is a problem. It has to do with "the best government money can buy".

Why do  people like Bill Gates only pay 15%? It's because they want it that way and write the campaign checks.

Originally Posted by jtdavis:

The $300,000 income should be taxed at the IRS percent. When major corporations make billions, pay no tax and receive hundreds of millions in refunds, there is a problem. It has to do with "the best government money can buy".

Why do  people like Bill Gates only pay 15%? It's because they want it that way and write the campaign checks.


Do you donate billions to charities like Bill Gates to reduce your tax liability?

Originally Posted by jtdavis:

I agree a lottery would not be bad but JT be aware the low income earners play it much more than others so might actually hurt them.  

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I don't think I have ever advocated for Alabama to have a lottery. That would take some of the scholarship money away from my grand kids in Tennessee.

 

 

 

 


The Tennessee Ponzi scheme is unraveling:  http://www.tennessean.com/stor...oomed-fail/20270861/

Tennessee Promise, well-intentioned but doomed to fail

       

According to recently published data, the highest four-year graduation rate at a community college in Tennessee, at Pellissippi State in Knoxville, is only 22 percent.

 

The statewide average graduation rate at community colleges is an alarming 13 percent, with some graduating only 6 percent of their students.

 

Despite these abysmal numbers, Governor Haslam created the Tennessee Promise program, which will funnel students and resources away from four-year colleges and universities and into community colleges using HOPE Lottery Scholarship money that was intended to keep the best and brightest students in Tennessee.

 

Tennessee Promise is part of the Governor’s “Drive to 55” initiative, a plan with laudable goal of increasing the number of Tennesseans with a college degree or certificate from 30 percent to 55 percent by 2025. However, given the low graduation rates, it seems obvious that we are not going to get more graduates simply by putting more students in our struggling community colleges.

 

Tennessee Promise will drastically reduce the reserves for the HOPE Lottery Scholarships and take any other excess from the HOPE program, which will make any increase to those scholarships impossible.

 

Promise also reduces the amount of HOPE Lottery Scholarships to freshmen and sophomores at four-year colleges by $500. Given the state’s stagnation in higher education spending and its reliance on sales tax for funding government services—perpetuated further by the passage of the constitutional amendment banning an income tax—tuition will continue rise.

 

The purchasing power of the HOPE Lottery scholarships, which were intended to cover full tuition but now cover approximately half, will continue to decrease, becoming more of a stipend.

 

Rather than directing students to low-performing community colleges, Governor Haslam could have directed the money toward scholarships for promising and accomplished students. I urged him to use the money to increase the lottery-funded ASPIRE grants, which currently provide up to an additional $2,250 per year to students whose family income is less than $36,000.

 

He could also have raised the income level for the ASPIRE grants so that more middle-income students could benefit. Helping students who have achieved in high school and equaled or exceeded the lottery scholarship criteria is the best bang for the buck for keeping bright students in state and getting them to graduate.

 

I share the governor’s goal of increasing the number of college graduates and improving the workforce in Tennessee and I understand how the Governor, operating in a legislative environment that refuses to raise revenue for programs, would seize upon unappropriated lottery money to try to accomplish his legacy goal.

 

But the facts militate against Promise being successful. Spending funds collected for scholarships by siphoning them into an inefficient and predictably unsuccessful program avoids the need to legislatively pass tax or revenue measures to accomplish the Drive to 55.

 

However, the facts clearly demonstrate that lottery funds are best used to strengthen the HOPE program which will continue to produce four-year graduates in Tennessee and keep the best and brightest in the state, fulfilling the purpose for which the lottery was created.

 

Instead of a promise, Governor Haslam has all but delivered a death sentence to the benefits of the HOPE Lottery Scholarship program.

 

Originally Posted by jtdavis:

The $300,000 income should be taxed at the IRS percent. When major corporations make billions, pay no tax and receive hundreds of millions in refunds, there is a problem. It has to do with "the best government money can buy".

Why do  people like Bill Gates only pay 15%? It's because they want it that way and write the campaign checks.

____________________________________________________

He pays 15 percent on capital gains from his investments.  Investment in stocks equal a growing company equals more jobs equals more prosperity equals more tax revenue.  Failure to understand my previous statement is why progressives will always fail when in charge of a government's economy.  There is a failure to launch -- to understand cause and effect,

HI, are you investing a goodly portion of your 300k in stocks voluntarily for the purpose that others may prosper as the result of more tax. [prosperity= more tax] then [more tax=prosperity] This economic model is presented by our affected Socialist Bookkeeper.

 

In the event there are those on some scale not prospering and the economy is in jeopardy does this Socialist model have tools in place as remedy? The simple answer is to tax-the-hell-out of-300k-wage earners otherwise we are assuming at our peril these 300k wage earners are economists with prosperity of others in mind. 

 

I don't know that our trust in these 300k earners to effect prosperity for others has any recent model other than the Bus/Chaney/Halliburton/Texas oil interests to compare. 

 

 

I'm sure Gates doesn't send most of his money to foreign countries.  Really doesn't matter though, if it's an IRS approved charity, then he gets the deduction up to whatever the limit is.  Feel free to research it more, you may be surprised when you find out most of the uber rich you wail on are donating millions if not billions AND paying millions in taxes.

Originally Posted by Mr. Hooberbloob:
Originally Posted by direstraits:

AS I stated, the Dems have no idea of how to grow an economy -- like teaching  Australopithecus to grow wheat. All either know is take up club and hunt something down. 


If by hunting you mean stalking out the mailbox in search of a government check, then absolutely.

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That's for the even dumber/lazier end of the species.  I meant for those in politics who only know how to tax and tax. 

Originally Posted by jtdavis:

Jt 
So you say the current tax brackets are high enough?

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I know that is a baited question. I know the top earners got a big tax cut under Reagan. The tax rate may be ok, is there to many write offs and tax credits for upper income, probably.

jt, I just finished doing my taxes for the year.  Let me tell you how ill-informed you are.  Most of these deductions you think the "rich" get, tend to be done away with after you make a certain amount.  Because of my income, none of my medical expenses or my children's college expenses were deductible.  They all were phased out.  On top of this the tax rates increased, as well as my health insurance prices, on top of a $78 per month (~$800 per year) tax due to the ACA.

jt, I just finished doing my taxes for the year.  Let me tell you how ill-informed you are.  Most of these deductions you think the "rich" get, tend to be done away with after you make a certain amount.  Because of my income, none of my medical expenses or my children's college expenses were deductible.  They all were phased out.  On top of this the tax rates increased, as well as my health insurance prices, on top of a $78 per month (~$800 per year) tax due to the ACA.

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T, I may not be as ill-informed as you think. I made less than $100,000 and I couldn't claim my medical expenses on state or federal tax, thank goodness. You have to take off 7% of your gross before claiming any deductions for medical expense. I was blessed to be healthy enough not to have that many medical expenses. The tax rates increased how  much? Health insurance increased because of tax? What's ACA?

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