Aces High Bulletin Board

General Forums => The O' Club => Topic started by: Suave on December 16, 2004, 09:11:46 AM

Title: The 16th amendment
Post by: Suave on December 16, 2004, 09:11:46 AM

Why shouldn't it be repealed?

Title: The 16th amendment
Post by: Mickey1992 on December 16, 2004, 09:17:43 AM

How about you start with arguements on why it should.  Then we can go from there.

Title: The 16th amendment
Post by: Ripsnort on December 16, 2004, 09:22:46 AM

15% flat tax.

Title: The 16th amendment
Post by: Toad on December 16, 2004, 10:04:19 AM

Howabout any of the Amendment's supporters listing the States that ratified it and the exact verifiable date they did so.

Then see if that comes up to 2/3 of the states at that time.

:)

Title: The 16th amendment
Post by: Shamus on December 16, 2004, 11:00:07 AM

Quote

Originally posted by Ripsnort
15% flat tax.

Including FICA?

shamus

Title: The 16th amendment
Post by: Ripsnort on December 16, 2004, 11:13:04 AM

Quote

Originally posted by Shamus
Including FICA?

shamus

That's negotiable.  SS will not exit by the time you retire anyway.

Title: The 16th amendment
Post by: Shamus on December 16, 2004, 11:23:26 AM

So you are saying do away with the FICA tax and go to a flat 15% income tax?

shamus

Title: The 16th amendment
Post by: Toad on December 16, 2004, 11:27:02 AM

Don't think 15% will cover it, especially including FICA.

Title: The 16th amendment
Post by: Shamus on December 16, 2004, 11:59:25 AM

Dang Toad...couldnt ya at least have waited long enough for me to ge a nibble?

shamus

Title: The 16th amendment
Post by: Ripsnort on December 16, 2004, 12:03:16 PM

Quote

Originally posted by Shamus
Dang Toad...couldnt ya at least have waited long enough for me to ge a nibble?

shamus

There are other alternatives to FICA, like make it a state responsibility, not federal.

Title: The 16th amendment
Post by: Shamus on December 16, 2004, 12:07:04 PM

Quote

Originally posted by Ripsnort
There are other alternatives to FICA, like make it a state responsibility, not federal.

I'm sure that would be welcomed by the fed's...but do you really think they would give up on collecting the FICA tax?

shamus

Title: The 16th amendment
Post by: Ripsnort on December 16, 2004, 12:11:02 PM

Quote

Originally posted by Shamus
I'm sure that would be welcomed by the fed's...but do you really think they would give up on collecting the FICA tax?

shamus

No.  But what I meant by "its negotiable" is speaking of the SS reform about to be announced sometime this year by the administration. I'd personally like to take that one step further and make it at State level rather than federal. Then 15% flat tax.

Title: The 16th amendment
Post by: Shamus on December 16, 2004, 12:20:35 PM

Well I dont know of any states that would want to assume that liability without the ability to collect the tax,  that would leave a huge hole in the federal budget.

shamus

Title: The 16th amendment
Post by: Suave on December 16, 2004, 12:29:27 PM

How do you explain the federal budget's prosperity before there was FICA ?

Title: The 16th amendment
Post by: Shamus on December 16, 2004, 12:33:37 PM

Quote

Originally posted by Suave
How do you explain the federal budget's prosperity before there was FICA ?

I dont understand what you mean

shamus

Title: The 16th amendment
Post by: Trell on December 16, 2004, 12:38:12 PM

LOL    :rofl :rofl :rofl








Yes i have noting usefull to say here

Title: The 16th amendment
Post by: Furball on December 16, 2004, 02:05:29 PM

what do the amendment's amend?

Title: The 16th amendment
Post by: Toad on December 16, 2004, 02:06:04 PM

Our original Constitution.

Title: The 16th amendment
Post by: Furball on December 16, 2004, 02:07:53 PM

makes sense, thanks.