Wisconsin’s Walker thinking about ending income tax

Zero2Cool
Elite Member Topic Starter

11 years ago

Came across this after hearing something on the news about it.
http://www.washingtonpost.com/blogs/govbeat/wp/2013/12/18/wisconsins-walker-thinking-about-ending-income-tax/

I noticed a few states didn't have income tax prior to reading this and thinking it'd be cool for WI to follow suit. Now we might?

This could help lure free agents, right?

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SINCITYCHEEZE
Senior Member

11 years ago

It's a nice thought in theory. We don't have a state income tax in Nevada. Just wait until it costs,(it's based on the MSRP.), you close to a $1000 to register your new car the first time. It also only goes down about 10% a year after that.

Wisconsin Born, Packer Bred

PackFanWithTwins
Veteran Member

11 years ago

No matter what, the state is going to need a certain amount of revenue to operate on. Whether it is collected through Income tax, Sales tax or other means, it is still going to be collected.

The world needs ditch diggers too Danny!!!

buckeyepackfan
Veteran Member

11 years ago

Originally Posted by: Zero2Cool

I know it works in Basketball, Lebron taking his talents to Miami a few years ago, wasn't just because he wanted to win champiomships!!! 😆

I'm not real sure how Professional players are taxed?

Do they Have to pay taxes where they play or where they actually live?

I was addicted to The Hokey Pokey, but I turned myself around!

dhazer
Veteran Member

11 years ago

Originally Posted by: buckeyepackfan

I grew up with Bob Wickman and stayed friends with him when he became a pro baseball player and he actually had to pay a state tax in every state he played in. Of course it was pro rated to games played in each state.

Just Imagine this for the next 6-9 years. What a ride it will be 🙂 (PS, Zero should charge for this)

DakotaT
Select Member

11 years ago

They pay taxes in the city they play in, which is why nobody wants to play for the Toronto Raptors. Fricken socialism. LOL

When you abolish income tax, you give the lions share of the tax relief to the wealthy. I'm sure all your conservatives can figure out percentages.

If you want a more fair tax relief, it would be done in the property tax code because the middle class' property tax in most cases is greater than their state income tax liability.

DakotaT
Select Member

11 years ago

No matter what, the state is going to need a certain amount of revenue to operate on. Whether it is collected through Income tax, Sales tax or other means, it is still going to be collected.

Originally Posted by: PackFanWithTwins

And I'm sure you lobby for the regressive sales tax instead of a progressive income tax.

buckeyepackfan
Veteran Member

11 years ago

Originally Posted by: dhazer

Ahh, probably pays to have a good accountant then.

I was addicted to The Hokey Pokey, but I turned myself around!

Porforis
Veteran Member

11 years ago

Originally Posted by: SINCITYCHEEZE

$1000 would be excessive, but in theory I am a fan of more direct forms of taxation. Transportation system needs more money? Charge more for DIV-related services. Maybe even start toll roads. Need more money for police/fire? Increase fine $$$ and fees for stuff like getting a printed copy of a police report, and increase property taxes a little. Education's a bit trickier, as you can't charge people to send their kids to school. All in all I think things work best with there being an income tax that helps fund various services, however I would like to see that rate lowered significantly in favor of more fees. More of a balance between civic duty through taxation and paying more for the community services you use more.

Laser Gunns
Senior Member

11 years ago

#10

I don't know that this will make much impact in FA. Although I know it was a topic of discussion during the Nnamdi Asmouagh (sp? Lol) sweepstakes.

MintBaconDrivel
Dec, 11, 2012 - FOREVER!

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