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Replies to Msg. #1250450
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 Msg. #  Subject Posted by    Board    Date   
58113 Re: Trump Pledges to End Taxes on Overtime Hardest-Working Citizens in Our Country
   The best solution is the “do away with most of the government”.... 		CTJ   6TH POPE   13 Sep 2024
 4:50 PM
58112 Re: Trump Pledges to End Taxes on Overtime Hardest-Working Citizens in Our Country
   [color=blue][b]As I have posted many, many times, already ... governme... 		Beldin   6TH POPE   13 Sep 2024
 4:00 PM

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Re: Trump Pledges to End Taxes on Overtime Hardest-Working Citizens in Our Country

By: De_Composed in 6TH POPE
Fri, 13 Sep 24 7:26 AM
Msg. 58106 of 60008
(This msg. is a reply to 58101 by monkeytrots)
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Re: “What about the people working TWO full time jobs to make ends meet (for example) ?”If Trump's goal is to help people, then you're right. But if his goal is to help people AND stimulate the economy, then you aren't. Removing the tax on OT will encourage the nation's best and brightest blue collar workers to work longer hours.

Your suggestion, removing the tax on income from second jobs, won't have the same effect. After all, that would mostly impact the nation's least skilled and most poorly paid employees.

But you know what? I'd be in favor of eliminating those taxes too. I actually favor the elimination of ALL income taxes. Income, after all, is a trade between the employer and the employee of one asset for another of equal value. There is no gain. The employer gives up his precious money. The employee gives up his precious time. Why should government get a piece of it?

It's quite different with corporate income, where a company buys an asset, does something with it and sells it for more than it paid. There's a real gain there, derived from being able to do business in our country. Tax it.

I say, end the scam of income tax and tell government to get its money some other way. Or do away with most of the government since most government services are too expensive for the dubious value they bring.