Java-Gaming.org Hi !
Featured games (83)
games approved by the League of Dukes
Games in Showcase (524)
Games in Android Showcase (127)
games submitted by our members
Games in WIP (592)
games currently in development
News: Read the Java Gaming Resources, or peek at the official Java tutorials
 
    Home     Help   Search   Login   Register   
Pages: [1]
  ignore  |  Print  
  Streamlining Federal Income Taxes  (Read 2280 times)
0 Members and 1 Guest are viewing this topic.
Offline fletchergames

Senior Devvie





« Posted 2007-02-21 16:06:41 »

Driven by income tax induced madness, I've written an article (or rant) describing how to streamline federal income tax to make the system much simpler.  Due to some of the changes, the poor generally pay slightly less and the rich slightly more, but the differences are small.  There's alot of changes that mostly offset eachother.  For the most part, my system just changes or eliminates credits, deductions, and such.  It also combines some taxes and basically butchers one of them.  Taxes could (theoretically) be cut slightly because the operating costs of cutting taxes would be slightly reduced.

The article is at http://www.cowgodgames.com/articles/streamliningincometax.php .

It includes a link to an applet that lets you compute your taxes under the new system.  Since the new system doesn't have alot of variables, it was easy to write the applet.  I cut one corner in that I only asked for "Total Income" instead of asking for each different kind of income.
Offline erikd

JGO Ninja


Medals: 16
Projects: 4
Exp: 14 years


Maximumisness


« Reply #1 - Posted 2007-02-21 18:03:09 »

Reducing taxes by simplifying is always a good idea, but

Quote
With all the taxes coming out of my income, almost 17% of my income goes to taxes.

You lucky bastard! Grin

I pay the rediculously high amount of 52% income tax  Angry
And then of course of the 48% I have left I still have to pay the city's tax, tax for driving a car, extra tax on gasoline, tax for parking the car, 19% VAT etc.etc.

Offline Matzon

JGO Knight


Medals: 19
Projects: 1


I'm gonna wring your pants!


« Reply #2 - Posted 2007-02-21 18:24:29 »

ha! 19% VAT - we pay 25%! and up to 63% income tax!!

Games published by our own members! Check 'em out!
Legends of Yore - The Casual Retro Roguelike
Offline fletchergames

Senior Devvie





« Reply #3 - Posted 2007-02-21 19:10:21 »

ha! 19% VAT - we pay 25%! and up to 63% income tax!!
Wow.  You two have it much worse than I do.

Still, I'm going to complain about taxes anyways.  I admit that I do benefit from some government services, but I don't believe it's worth 17% of my income (being relatively poor, I don't have to pay too much).  Sales tax (similar to VAT) is only 7% where I live, but it's a stupid tax.  Gasoline has its own taxes AND subsidies, so I have no idea how much it should actually cost.

I don't have a car and have few expenses, so I don't pay taxes other than income tax.  This year, I plan to move, which means that I'll have to pay property tax.
Offline swpalmer

JGO Coder


Exp: 12 years


Where's the Kaboom?


« Reply #4 - Posted 2007-02-21 23:10:41 »

Yeah,  17% - LUXURY!

Here in Ontario I pay just under 50%... then of course there is the 14% sales tax if I want to spend any of the money I have left.

Offline CaptainJester

JGO Knight


Medals: 12
Projects: 2
Exp: 14 years


Make it work; make it better.


« Reply #5 - Posted 2007-02-22 14:00:36 »

Yeah,  17% - LUXURY!

Here in Ontario I pay just under 50%... then of course there is the 14% sales tax if I want to spend any of the money I have left.


Ditto.

Glad I don't live in Europe though.  Phew that's steep.

Offline purpleguitar

Junior Devvie





« Reply #6 - Posted 2007-02-22 14:10:51 »

I wager your 17% does not take into account the embedded taxes in goods and services.  This doesn't show up on a receipt: it is because each link in the chain has to pay their own taxes.  The actual taxes payed by US citizens is closer to 33% of income, if I recall correctly.  The best proposal I have seen for revising the US tax system is the Fair Tax:  www.fairtax.org.  I enjoyed reading The Fair Tax Book, which explains the plan quite well.  Amazon link: http://www.amazon.com/Fair-Tax-Book-Saying-Goodbye/dp/0060875496/
Offline fletchergames

Senior Devvie





« Reply #7 - Posted 2007-02-22 18:40:51 »

I wager your 17% does not take into account the embedded taxes in goods and services.  This doesn't show up on a receipt: it is because each link in the chain has to pay their own taxes.  The actual taxes payed by US citizens is closer to 33% of income, if I recall correctly.  The best proposal I have seen for revising the US tax system is the Fair Tax:  www.fairtax.org.  I enjoyed reading The Fair Tax Book, which explains the plan quite well.  Amazon link: http://www.amazon.com/Fair-Tax-Book-Saying-Goodbye/dp/0060875496/
I have no way to include embedded taxes in goods and services.  Alot of people pay alot more because I'm in a very low tax bracket.

I looked at the Fair Tax website.  It looks like a much better idea, but I fear it will never be implemented.
Pages: [1]
  ignore  |  Print  
 
 
You cannot reply to this message, because it is very, very old.

 

Add your game by posting it in the WIP section,
or publish it in Showcase.

The first screenshot will be displayed as a thumbnail.

toopeicgaming1999 (57 views)
2014-11-26 15:22:04

toopeicgaming1999 (51 views)
2014-11-26 15:20:36

toopeicgaming1999 (10 views)
2014-11-26 15:20:08

SHC (24 views)
2014-11-25 12:00:59

SHC (24 views)
2014-11-25 11:53:45

Norakomi (27 views)
2014-11-25 11:26:43

Gibbo3771 (24 views)
2014-11-24 19:59:16

trollwarrior1 (37 views)
2014-11-22 12:13:56

xFryIx (75 views)
2014-11-13 12:34:49

digdugdiggy (52 views)
2014-11-12 21:11:50
Understanding relations between setOrigin, setScale and setPosition in libGdx
by mbabuskov
2014-10-09 22:35:00

Definite guide to supporting multiple device resolutions on Android (2014)
by mbabuskov
2014-10-02 22:36:02

List of Learning Resources
by Longor1996
2014-08-16 10:40:00

List of Learning Resources
by SilverTiger
2014-08-05 19:33:27

Resources for WIP games
by CogWheelz
2014-08-01 16:20:17

Resources for WIP games
by CogWheelz
2014-08-01 16:19:50

List of Learning Resources
by SilverTiger
2014-07-31 16:29:50

List of Learning Resources
by SilverTiger
2014-07-31 16:26:06
java-gaming.org is not responsible for the content posted by its members, including references to external websites, and other references that may or may not have a relation with our primarily gaming and game production oriented community. inquiries and complaints can be sent via email to the info‑account of the company managing the website of java‑gaming.org
Powered by MySQL Powered by PHP Powered by SMF 1.1.18 | SMF © 2013, Simple Machines | Managed by Enhanced Four Valid XHTML 1.0! Valid CSS!