Brit Hume, deceptive hack
 

Yes, I have a line for withdrawals.

Many of those are for investments. Others are for food, mortgage, etc. -- are we taxing all of that stuff?

And waiting to the end of the month is an absolutely brilliant plan. Because we can safely assume that people will have enough money in their checking accounts each and every month to cover the tax withholding, right?

When the gov't withholds on paychecks, they are withholding before money is spent -- you never see the withheld amount. The system you suggest turns this, and logic, onits head.

As I said to fringe -- the banks will love this. More bounced checks, more fees.

Brit Hume, deceptive hack
 

I am really suggestingt a tax system of x% times (income minus savings). "Savings" would be in defined vehicles, similar to an IRA. So money in your checking account would not count as savings. Since it is income MINUS savings, and savings is the net of the amount added to and the amount taken from, these special, defined, identifiable kinds of accounts, it would not be difficult to determine what "savings" is.

Do you do your own taxes? God, I hope not.

Brit Hume, deceptive hack
 

So long as the investments aren't overseas, of course.

But nah, why introduce reality into this discussion?

hmm
 

I thought that was the rule for flames.

Brit Hume, deceptive hack
 

Ooooh, good one. Because you have come up with a system so utterly fucking stupid, complicated, regressive, and potentially injurious to the comsumer spending that drives this economy, and I have criticized it, I must be too stupid to do my own taxes.


eta: The answer is no, because I can make a lot more money doing legal work in the time it would take me then it costs to pay my accountant, and doing taxes is almost as boring and annoying as discussing them with you.

hmm
 

It's all my business, boy.

Brit Hume, deceptive hack
 

I think what she's suggesting is our exact same system, with a savings deduction added.

Yawwwnnnn
 

Let's see...

Appeals court says reporters can go to jail for exposing spies (or not answering legitimate questions in an investigation related to the same). Check.

Unemployment claims at the lowest in 4 years (Hi Club!). Check.

Class action reform passed today. Most class actions now get removed to Federal Court. Check.

And did anyone read the article in yesterday's NYT about Buffalo NY (Erie, CO) slashing discretionary spending drastically... and noting that a great part of their spending is the result of unfunded state and federal mandates? Great article. My guess is that the unfunded mandates help accelerate the decline in places like Buffalo and Chicago, as college grads and companies (read: tax base) move to greener pastures and the stagnant or declining tax base has less funds to subsidize services for poor people, the number of whom may increase as college grads and companies move to greener pastures. Unlike Chicago, the people of Erie County balked, actually it sounds like they rioted civilly, at the prospect of higher local sales taxes etc. God Bless Buffalo, I guess.

and if nothing else, at least one Philadelphia lawyer can tell great stories.

hmm
 

Flames ain't suposed to be funny- they're just supposed to be desparate and stupid and cruel. Hope that helps, but for now you need to step back away from this........

Snooze
 

Anyone else really bored with discussing SS?

Any bets on how long before we invade Iran or Syria?

Snooze
 

What time is it?

Snooze
 

I'll take your snooze and raise you a yawwwn (see above). I've been trying to keep up on the reading here, but that was too many words to keep track of.

I think Syria is within 2 years. Iran, hopefully never (and hopefully never need to).

Snooze
 

11:00

Brit Hume, deceptive hack
 

Yeah. We don't export much, do we.

Snooze
 

Okay, then, Syria in 47 days. Sort of. Because we'll be going in through their Lebanon portal.