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<blockquote data-quote="Nesikep" data-source="post: 1426821" data-attributes="member: 9096"><p>OK, part 2: Taxation</p><p>Flat rate for everyone? well, if you're just scraping by, any tax is going to affect your quality of life drastically.. I am in agreement with a progressive taxation rate.. but will leave the finer details out.. I do think that if you can afford a house, car, gizmos, etc, somewhere around that point the tax rate should increase.</p><p></p><p>Corporate taxes.. now there's the fun one.. Why is it that a corporation can write off all their expenses and the private individual can't? There are far too many loopholes, and the worst part is a small business can't find them because they can't afford to have a posse of accountants and lawyers who's sole purpose is to find them and exploit them.. I'm sure everyone around here brings their books in to a local accountant that kinda just plugs things into a spreadsheet and voila, your books are done.. but there's no motivation to dig and really get you the best deal, and even if they did, the additional time it takes them would eat up the gains since you're playing with a few grand, not a billion</p><p></p><p>A great start would be to reduce the need for taxation.. slashing the size of the gov't budget by about 50-75% would be a great start, but no one wants their pet projects abandoned</p></blockquote><p></p>
[QUOTE="Nesikep, post: 1426821, member: 9096"] OK, part 2: Taxation Flat rate for everyone? well, if you're just scraping by, any tax is going to affect your quality of life drastically.. I am in agreement with a progressive taxation rate.. but will leave the finer details out.. I do think that if you can afford a house, car, gizmos, etc, somewhere around that point the tax rate should increase. Corporate taxes.. now there's the fun one.. Why is it that a corporation can write off all their expenses and the private individual can't? There are far too many loopholes, and the worst part is a small business can't find them because they can't afford to have a posse of accountants and lawyers who's sole purpose is to find them and exploit them.. I'm sure everyone around here brings their books in to a local accountant that kinda just plugs things into a spreadsheet and voila, your books are done.. but there's no motivation to dig and really get you the best deal, and even if they did, the additional time it takes them would eat up the gains since you're playing with a few grand, not a billion A great start would be to reduce the need for taxation.. slashing the size of the gov't budget by about 50-75% would be a great start, but no one wants their pet projects abandoned [/QUOTE]
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