View Full Version : Breaking - Ron Paul's 10% income tax - Opt Out plan
Anti Federalist
02-11-2011, 03:09 PM
Announced in his CPAC speech.
Pay a 10% flat income tax and opt out of everything else.
(Note - I am video-less atm, somebody please post the exact time)
http://www.youtube.com/watch?v=JM8d_Arjz6g&feature=player_embedded
thehighwaymanq
02-11-2011, 03:11 PM
What is our current total % of taxation? About 40?
SWATH
02-11-2011, 03:11 PM
Keep in mind he said this was not a perfect solution (being no income tax).
Anti Federalist
02-11-2011, 03:12 PM
What is our current total % of taxation? About 40?
Lots of variables.
Total tax burden on average is around 55%.
specsaregood
02-11-2011, 03:15 PM
Keep in mind he said this was not a perfect solution (being no income tax).
But maybe after people opt-out of everything else they will start wondering why the hell they are bothering to pay that last 10%.
thehighwaymanq
02-11-2011, 03:16 PM
Let's cross that bridge when we get there, right now 10% is still unthinkable by many.
devil21
02-11-2011, 03:16 PM
This would also have to include the litany of federal add-on taxes like the gas tax. How does one opt-out of that, other than not owning a car?
Brian4Liberty
02-11-2011, 03:18 PM
And don't forget what comes first: "Never ask the government for anything!"
SWATH
02-11-2011, 03:20 PM
But maybe after people opt-out of everything else they will start wondering why the hell they are bothering to pay that last 10%.
I agree it is a move in the right direction. To compliment this he should also propose eliminating ferderal withholding, forcing people to cut a check. That will really start getting people to say " WTF am I giving all my money away?"
Baptist
02-11-2011, 03:23 PM
Right now, if you make like more than $10,000 a year you are in the 15% bracket. So 10% is freaking awesome.
Anti Federalist
02-11-2011, 03:25 PM
I agree it is a move in the right direction. To compliment this he should also propose eliminating ferderal withholding, forcing people to cut a check. That will really start getting people to say " WTF am I giving all my money away?"
This +1776
Sola_Fide
02-11-2011, 03:39 PM
End ALL federal witholding
Pericles
02-11-2011, 03:44 PM
I agree it is a move in the right direction. To compliment this he should also propose eliminating ferderal withholding, forcing people to cut a check. That will really start getting people to say " WTF am I giving all my money away?"
That is the way Switzerland works and has lower taxes than the USA - it works with keeping the lid on.
ItsTime
02-11-2011, 03:45 PM
Can I opt out of the 10%?
devil21
02-11-2011, 03:46 PM
This seems like RP trying to be more pragmatic about phasing out the income tax and associated withholdings. In previous years it was just a flat out "End the income tax". Well, we all know that sudden ending of the income tax would pretty much turn things to chaos in this country in a hurry. A phasing out of FICA and medicare withholdings and gradual reduction of federal revenue is more realistic and something that more people could get behind.
While I always enjoy RP's absolutes, it's good to see him trying to be a little more politically pragmatic (realistic?). That bodes well for a 2012 campaign.
fisharmor
02-11-2011, 03:47 PM
Right now, if you make like more than $10,000 a year you are in the 15% bracket. So 10% is freaking awesome.
Perhaps.
The real trick is, what happens with deductions?
If they were also eliminated, I might be worse off.
If they were kept, that drives me down to 0 pretty quickly.
But then I also have the bullshit and overhead involved with doing the taxes in the first place.
Also, if withholding is eliminated (which I support) then we're talking more BS and overhead involved as I have to pay it out every so often.
I think it should be like bills - get a monthly tax bill, and make people shell out a hard 10% every. single. month.
No withholding, no deductions.
Nice and simple, with less hidden cost in preparation, and yet a lot more painful.
Anti Federalist
02-11-2011, 03:52 PM
I have yet to see specific details but I'm assuming that the opt out portion applies to SS/Medicare and all the rest that amounts to the other half of money stolen from you.
Tonewah
02-11-2011, 04:00 PM
This would also have to include the litany of federal add-on taxes like the gas tax. How does one opt-out of that, other than not owning a car?
Gas stations with tax-free pumps? Wow... that would be AWESOME! Still wouldn't be worth 10%, but if you could opt out of local and state taxes, too, that'd be great.
SilentBull
02-11-2011, 04:04 PM
Ron might be adopting the Rand strategy. Introduce a milder solution to at least get people to consider it. Like Rand Paul's .5 trillion cut proposal. It's not perfect, but that was his intention: to offer a modest proposal.
This is exciting because it means Ron is actually thinking about his strategy for 2012!!!
Zippyjuan
02-11-2011, 04:36 PM
Ron has said we need to control spending and balance the budget first before we start cutting taxes.
Philmanoman
02-11-2011, 05:10 PM
Not makin a joke here...but is Ron coming down with the flu or something...I dunno,somethin didnt seem right with the way he spoke among other things I noticed.Is it just me?
Ron's only speech problem is that he's too passionate and has trouble articulating what he's thinking :)
torchbearer
02-11-2011, 05:27 PM
End ALL federal witholding
this.
that way people will really feel their tax burden.
grizzums
02-11-2011, 06:11 PM
Ron's only speech problem is that he's too passionate and has trouble articulating what he's thinking :)
Personally, I've always enjoyed listening to Ron talk and stutter along as he tries to articulate all thats happening in that head of his, at lightening speed. It's his fuggin wardrobe that drives me nuts sometimes...no No NO to that damn green tie!!! Other than that, bravo!.. including his new found pragmatic bait (10%) that he tossed out there, that may just be palatable enough to get those that would normally dismiss, to instead stop and consider.
driege
02-11-2011, 06:14 PM
To be honest, that speech kind of sucked. It's not the kind of speech that would convert anyone to his point of view. He just rambled and ranted the whole time.
Kregisen
02-11-2011, 06:45 PM
To be honest, that speech kind of sucked. It's not the kind of speech that would convert anyone to his point of view. He just rambled and ranted the whole time.
What kind of speech do you want? Empty promises for free stuff?
His speech was perfect. He explained things very carefully like the Egypt fiasco. Once people understand that we wasted $70 billion on Egypt alone, and now we're cheering for that government to crash, it's all a waste.
I think that speech will definitely convert some people.
johnrocks
02-11-2011, 06:47 PM
People ask me why I'm a "Paulbot" and say we're too passionate for him then I see a video like this and I say "I'm proud to be so passionate and if that makes me a "Paulbot" then so be it, beats being an "R or D bot", I think many are jealous they don't have someone they can say that they agree with damn near everything with.
Thanks for the video!
driller80545
02-11-2011, 06:48 PM
Ron's only speech problem is that he's too passionate and has trouble articulating what he's thinking :)
No teleprompter. Straight from the heart. Impulsive
micahnelson
02-11-2011, 07:28 PM
Ron Paul isn't a smooth speaker. So, do you generally find smooth speakers make good leaders?
I would prefer a stuttered truth to an eloquent lie any day.
MikeStanart
02-11-2011, 07:36 PM
Ron Paul isn't a smooth speaker. So, do you generally find smooth speakers make good leaders?
I would prefer a stuttered truth to an eloquent lie any day.
+1776,000,000,000,000,000,000,000,000,000,000,000, 000,000,000,000,000.
Or + the current deficit; whichever is higher. :D
CableNewsJunkie
02-11-2011, 10:13 PM
SUBSTANCE
ooovvveeerrr
STYLE
PRINCIPLE
ooovvveeerrr
PARTY
Ron Paul 2012
BuddyRey
02-11-2011, 10:54 PM
Nearly 900 likes on YT for this video already! Let's see how much more we can get!
awake
02-11-2011, 11:00 PM
Total tax load 10% will do just fine... But the ruling hoards will not let themselves be laid off when they have the thugs and guns.
TomtheTinker
02-11-2011, 11:08 PM
Ill be happy to OPT out.
doodle
02-12-2011, 01:42 AM
cool idea
cindy25
02-12-2011, 02:18 AM
won't work. those who pay the most would opt out, and those who collect the most would continue to opt in.
same reason why an amusement park can be pay per ride, or general admission but not a choice.
juvanya
02-12-2011, 02:23 AM
Ron has said we need to control spending and balance the budget first before we start cutting taxes.
This is very much true.
nobody's_hero
02-12-2011, 06:20 AM
I'd prefer a 10% sales tax and an end to federal government borrowing. That way, if I have to tighten my belt and stop spending, the government does too.
Fredom101
02-12-2011, 11:20 AM
This is very much true.
Why should we continue to pay for THEIR mistakes? I don't care if they create a "balanced budget" from stolen funds. I don't want MY money going to their cause. The only thing they have is violent force, and that's why they run up these huge debts in the first place.
sailingaway
02-12-2011, 11:24 AM
To be honest, that speech kind of sucked. It's not the kind of speech that would convert anyone to his point of view. He just rambled and ranted the whole time.
It was a fire up his base speech, to activists, you are right, not a recruitment speech. Rand's was a recruitment speech. That is one of the reasons I am not sure if Ron is running, to be honest.
sailingaway
02-12-2011, 11:26 AM
Frankly, given how hard it is to even find the cuts we need to FIX programs with politicians as they are, I'm not sure it was a good idea to trumpet this plan as an apparent cornerstone of a platform, at least without mentioning how social security would be addressed once that funding were cut. It worried the old folks in the middle of the room - I saw shock.
Guitarzan
02-12-2011, 11:28 AM
I read where a reporter asked an advisor of RP about this 10% tax/opt out policy and the advisor said it was something being discussed that might become a focal point of a RP 2012 run.
I'm trying to find the exact quote, but I've read so many articles the past couple of days, I'm having a hard time tracking it down.
specsaregood
02-12-2011, 11:45 AM
I read where a reporter asked an advisor of RP about this 10% tax/opt out policy and the advisor said it was something being discussed that might become a focal point of a RP 2012 run.
You are correct. Thre interesting part about such a plan is, you force those that say they are against socialism to admit that they are pro forced socialism or even pro-slavery if they object to allowing people to opt out.
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