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[Baron Winnebago]

I think we should get drunk and rewrite the tax code. They really need to revamp the tax code for international corps. I appreciate that they looked at the OECD for average corporate tax rates but they failed to take into consideration the multitude of credits available here compared to other places.

I could talk taxes all day but I'm not real consistent with my opinions.

This book is pretty good in thinking about modern taxation

Taxing the Rich

A groundbreaking history of why governments do—and don't—tax the rich

press.princeton.edu

 

[HCFord1]

I would agree with a lot of this...

I wish conceptually we had more taxation at the state level vs federal level and that was related to how spending worked.

I also don't understand the need for a corporate tax rate at all. Why do you need to tax it once at the corporate level then again on the backside? Shit I buy a stock I had to pay taxes on my income, my money gets taxed by the corporate rate inside the stock slowing the growth of my money, my money also gets taxed when the company pays dividends and then again if I sell the company for a gain.

I also think the need to tackle Social Security, medicare and the taxation around that has some room to be improved, but that is another fun filled can of worms.

Fixing social security is so simple, but people just aren’t willing to make the sacrifices it would require. Also the AARP will rally the troops against anyone who tries so it’s just a third rail issue.

 

[God is a Husker]

Fixing social security is so simple, but people just aren’t willing to make the sacrifices it would require. Also the AARP will rally the troops against anyone who tries so it’s just a third rail issue.

gonna need over 1/2 the boomers gone for it to be able to happen

also need Gen X to continue their life long habit of not giving a fuck about most things. (this is a positive character trait of that generation)

 

[22*43*51]