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proposed tax tables are approximate correlations with the existing
federal income tax tables. Trump and Bush are proposing tax brackets
that don't exist in the tax code.
Bush is probably the worst of the bunch with his three tax brackets
courtesy of the Committee to Unleash Prosperity that includes
Larry Kudlow, Stephan Moore, Steve Forbes and Republican economist
Arthur Laffer, an economic fossil from the Reagan era.
Paul also has a similar flat tax plan His 14.5%, plan is similar to
Ben Carson's which is based upon tithing. However, Paul doesn't
flat income tax is a bad idea because the majority of American
taxes, such as sales tax and municipal property tax, are already
look at a worse case scenario: Huckabee's fair tax. Florida has a
sales tax of six or cent and Pinellas county has a one per cent sales
tax. So if you purchase the average car which costs $32,000, your
sales would boost you cost by another 30 per cent or $9600. You car
would now cost $41600 under Huckabee's fair tax.
consider what the fair tax would be on a home sale.
that is fair?
President George W. Bushreported that that a national sales tax of at least 34
percent would be required to replace federal income tax. The
Institute on Taxation and Economic Policy estimated
the sales tax would need to be at least 45 percent to be revenue
Trump on a national flat sales tax”
would try to avoid paying it whenever possible.
Trump makes a great point. You
can avoid sales tax with bartering, something that is common
in the underground economy.
Roosevelt, a progressive Republican, created the graduated income tax
and Republicans have been whining about ever since,
Roosevelt said this:
many stages in the advance of humanity, this conflict between the men
who possess more than they have earned and the men who have earned
more than they possess is the central condition of progress. In our
day it appears as the struggle of freemen to gain and hold the right
of self-government as against the special interests, who twist the
methods of free government into machinery for defeating the popular
will. At every stage, and under all circumstances, the essence of the
struggle is to equalize opportunity, destroy privilege, and give to
the life and citizenship of every individual the highest possible
value both to himself and to the commonwealth……
man should receive a dollar unless that dollar has been fairly
dollar received should represent a dollar's
worth of service rendered.
Some other features
of the GOP candidates' tax plans:
Trump wants to
eliminate the inheritance tax with a would impose a one-time,
14.25% tax on individuals and trusts with a net worth over $10
million. Trump's proposal indicates that that would a one time
tax. What people who establish new trusts. In the future, would
they be subject to this tax? Trump uses of the term “one time'”
suggests that people who establish trusts in the future would get
The Estate Tax only
affect 0.1 to 0.2per cent of the US population and it was reformed
when Bill Clinton was president. Not clear why any changes are needed
to the Estate Tax.
Jeb Bush's tax plan
is even more reactionary that Trump's with three tax brackets. It is
similar to his brother's plan that contributed to the record deficit
spending Bush does end carried interest for hedge fund mangers that
allows their income to be treated as capital gains.
Ted Cruz is the only
one who has said much about corporate taxes:
now, U.S. corporations face the highest tax rate in the developed
world, and they face double taxation if they invest their profits in
Ted is correct but there are
so many corporate tax exemption, the effective tax rate is one of the
lowest in the industrial world. None of the candidates said anything
about ending corporate tax exemptions and having a minimum tax on
Most of these are
Meriam Webster definitions. A couple of definitions are also provided
who believes that there is no deity
person who does not have a definite belief about whether God exists
("having knowledge"), is a modern term categorizing a
collection of ancient religions whose adherents shunned the Demiurge–
which they viewed as created by – and embraced the spiritual world.
movement in 20th century Protestantism emphasizing the literally
interpreted Bible as to Christian life and teaching
or relating to a Christian sect or group that stresses the authority
of the Bible, theimportance of believing that Jesus
Christ saved you personally from sin or hell, and the preaching of
these beliefs to other people.
movement or system of thought advocating natural religion,
emphasizing morality, and in the 18th century denying the
interference of the Creator with the laws of the universe .
in the existence of a god or gods; specificallya
belief in the existence of one God viewed as the creative
source of the human race and the world who transcends yet is immanent
in the world.
Spirituality--most any kind of meaningful activity. It is
often separated from organized religious institutions, as in the
but not religious". Traditionally, spirituality refers to a
process of re-formation of the personality live a life according to
divine will, but there is no single, agreed-upon definition of
Many people think
atheists and agnostics are different. Actually, most atheists are
agnostic. Richard Dawkins has even said it would be fine with him if
god did exist. Most atheists like Richard Dawkins do not have any
special knowledge about the existence of non-existence of god.
Therefore, most atheists are, in fact, agnostic They just do not
therefore, is someone who lacks special knowledge about something like
God or religion. It is the opposite of gnostic.
On the other hand, a gnostic atheist would be positive that
god doesn't exist. Few atheists take this position. Most view god as
irrelevant or that people who are adamant about gods' existence need to
Evangelicals are gnostic. There is no doubt in their minds about the
existence of god. Many also think the US is a Christian nation and accordingly Americans should be following god's law, whatever that might be. For example, Kim Davis, the Rowan county Kentucky clerk, thinks she is denying marriage licenses to gay couples under the authority of God.
When the nation was
founded, many of the founders were deist. They believed in god , but
not organized region. Thomas Jefferson, Benjamin Franklin, James
Madison and John Adams were deists.
Franklin may have
even been an atheist: One of his famous quotes:
Light houses are
more useful than churches.
Theists, on the
other hand, participate in organized religion. It would be safe to
say that most evangelicals and fundamentalists are gnostic theists.
They believe god needs to be worshipped in the context of an
institution or ritual.
There is an example
of theism in Judaism. Orthodox Jews say the Temple of Solomon needs
be rebuilt on the Temple Mount because it is the only place that God
can reside on earth. This is considered the holiest place in Judaism,
Of course the Al
Aqsa Mosque would have to be destroyed to rebuild the temple.
There are also
people into spirituality who do not show any interest in organized
religion, but believe something is out there. People who are into
spirituality appear to be the modern version of deists.
In summary, most
atheists are agnostic. And most fundamentalists and evangelicals are
gnostic theists. People into spirituality are, for all intents and