Do you agree with Trump?

[Jasmine]

Question: Do you support Donald Trump eliminating all taxes for Americans earning less than $150,000 a year ?

I don’t. I think every working American should share the pain and responsibility of paying income taxes. My position has always been to implement a straight flat tax. No matter if you’re filthy rich or dirt poor, if you have an income you should pay the exact same flat rate. The rate can go up or down, but it should impact everyone the same.

Thoughts?

[O Really]

I don't agree with cutting taxes and then whining that there's no money for essential services. Repugs have done this over and over. A better budgeting process would help.

I like flat rate. Pennsylvania used to have that (and may still, I don't know). Worked well, lots simpler. Problem is, though, the impact on someone taxed 15% on $400,000 is way less than the impact of the same 15% on somebody making $40,000. But the graduated tax could be made a lot simpler and better if it worked like a flat rate that everybody pays based only on the fixed rate for an income range. It's really all the deductions, exemptions, and other fog that makes our system funky.

[Jasmine]

I don't agree with cutting taxes and then whining that there's no money for essential services. Repugs have done this over and over. A better budgeting process would help.

I like flat rate. Pennsylvania used to have that (and may still, I don't know). Worked well, lots simpler. Problem is, though, the impact on someone taxed 15% on $400,000 is way less than the impact of the same 15% on somebody making $40,000. But the graduated tax could be made a lot simpler and better if it worked like a flat rate that everybody pays based only on the fixed rate for an income range. It's really all the deductions, exemptions, and other fog that makes our system funky.

I just want a flat tax. No graduated tax. No exemptions or deductions. In my opinion, that’s how a lot of cheating occurs. Everyone pays the exact same rate.

[O Really]

Move to PA. Flat rate income tax 3 percent. Beware the sales and property taxes though. Every tax scheme is cats in a bag no matter where.

[Jasmine]

Move to PA. Flat rate income tax 3 percent. Beware the sales and property taxes though. Every tax scheme is cats in a bag no matter where.

Understood! I’m happy where I am, though. I can’t even imagine living on the mainland, especially a place like Pennsylvania. Too cold.

[1 CAT FAN]

Fans Rallying for Change As U.S. Pres. Donald Trump Considers Executive Order To Tackle NIL Following Nick Saban Meeting

This news follows a meeting with legendary Alabama coach Nick Saban, whose influence on the sport has been significant. Fans, coaches, and even lawmakers are already discussing the possibility of federal involvement in NIL, and it’s igniting enthusiasm and lively discussions across the country.
https://www.newsbreak.com/college-sport ... an-meeting

President Trump considering executive order to address payments to college athletes

Trump’s review of the matter comes in the wake of a conversation he had with former University of Alabama football coach Nick Saban on May 1, when Trump was in Tuscaloosa to speak at the university’s commencement ceremonies.

Saban said at the time that athletes’ “personal development” was being hindered by the combination of virtually unregulated opportunities for athletes to make money from NIL and their ability to transfer multiple times in their college careers. He also called for "rules that create some kind of competitive balance, which right now we don't have in college athletics. It's whoever wants to pay the most money, raise the most money, buy the most players is going to have the best opportunity to win. I don't think that's the spirit of college athletics."

U.S. Sen. Tommy Tuberville, R-Alabama, said he had a "great conversation" with Trump on Air Force One about "the importance of establishing national standards for NIL" during the president's trip to his state.

"College football is the heart and soul of America ‒ but it’s in danger if we don’t level the playing field," said Tuberville, a former football coach at Auburn University and other schools.
https://www.usatoday.com/story/sports/c ... 421017007/


College football fans can only take so much nonsensical changes of transfer portal, playoff

But players moving freely from team to team at an alarming rate, and the idea of school pride and loyalty dying at a similar rate, is where they may begin to draw the line.

The connection with fans and universities and school pride goes beyond school colors. It’s the development of players and coaches, and the investment of a three- or four-year journey of growing with your school.

It may sound hokey and contrived, but those at the top making decisions in the name of the NCAA better sit up and take notice. Because when you’re asking those you serve to spend more money on seat licenses and tickets, on apparel and flights and hotel rooms and rental cars and tailgating and everything else that goes into seven or eight home games every year, there will be hesitation.

Do you spend and invest time in a product that doesn’t align with what’s important to you, or do you sit home in your comfortable living room, with your own clean bathroom, and – here’s the key – when the game is over, you switch off your 70-inch television and a few minutes later, you’re on to the next thing.
https://www.usatoday.com/story/sports/n ... 254506007/

[Supsalemgr]

No question the NCAA has fumbled the NIL transfer portal issues and college sports are in chaos. One wonders what in the world the federal government could do to it further.

[Vrede too]

$150K seems rather high for an exemption from federal income tax, but I could see it set at some lower level.

I agree with O Really on a simplified graduated tax. I think government is too intrusive in our financial affairs and that's a result of "all the deductions, exemptions, and other fog that makes our system funky" that O Really mentions. Better to just show your total income and pay based on that solitary figure. By "total income" I mean taxing investment income at the same flat rate as wages. The current system favors fat cats over workers.

No one has mentioned all the other taxes we pay. When SSI, Medicare/Medicaid, property, vehicle, sales and other taxes are included in the discussion people with low and moderate incomes are paying a far higher percentage of their income to the government than the rich are. This alone is reason for a graduated federal tax. What's "fair" is evening out the imbalance somewhat.