S3 E51 P1 No Taxation Without Representation

Episode discussion topics <ul><li>No taxation without equal representation. Make elections and taxation consistent and fair for all. </li> <li>We need to un-jury-rigging the elections system by taking on the following principles. <ul><li>Make competitive districts where ideas rule the debates, not personal attacks. </li> <li>Ensure equal, safe, and secure access to voting for all. Perhaps using automatic registrations and universal mail-in ballot options. </li> <li>Make the popular vote reign for the presidency and let us move on from the ill-designed and long failed electoral college system. One person one vote should be the rule and the practice.</li> <li>Provide for a fair, effective, and low-cost campaign finance system. </li> </ul> </li> <li>Oh, taxation! No one wants to pay taxes. Paying our fair share supports the common good and it is the right thing to do. After all, those things described in the Constitution cost money and we all can benefit from the right investments. </li> <li>Keep our progressive bracket design where each bucket of income gets taxed differently based on dollar amounts, not sources. </li> <li>Keep tax-deferred accounts like IRA, 401k, HSA, and the like available with maximums. </li> <li>Tax all income and unrealized gains annually. Including deferred compensation packages and opening unrealized losses for deductions in kind.</li> <li>Retirees pay no tax on something like their first five or low six figures for couples. </li> <li>Everyone paying their fair share includes currently untaxed entities like sports teams, non-profits, and religions. <ul><li>Sports teams can afford it and have a duty to give back to the communities from which they profit. </li> <li>Non-profits can handle a little tax. Let's give them their own brackets like retirees. </li> <li>The government shouldn't be in the business of ordaining groups of people as established religions (<a href='https://www.archives.gov/founding-docs/bill-of-rights-transcript'>Amendment I to the Constitution</a>) and certa