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#1
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![]() "Jim Fisher" wrote in message . .. "Otis Winslow" wrote in message The answer is the flat tax. I used to be in favor of that but the problem is that a flat tax is, in fact, a regressive tax. Yeah, I know everyone pays the same percentage but $200.00 a year to someone making $10,000.00 a year is still a lot while $2000.00 a year to someone making a hundred grand really isn't that much. The flat tax (which I'm against) doesn't even kick in until you make like $30K. A national sales tax is a much more-better idea. You buys lots of stuff? You pays The Man. This would also encourage folks to save instead of spending more than they make. . . . Aw hell, I wasn't gonna even reply to this silly thread but couldn't help it. I'm going to bed before I get wound up. Good idea. :~) BTW, I heard on the radio that something like one-fourth of households now pay NO taxes whatsoever (aside from local)...so who are the parasites? |
#2
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![]() "Tom Sixkiller" wrote in message ... The flat tax (which I'm against) doesn't even kick in until you make like $30K. BTW, I heard on the radio that something like one-fourth of households now pay NO taxes whatsoever (aside from local)...so who are the parasites? Everyone should pay something. From the first dollar. There should be no parasites. As for a consumption tax .. it's a great idea. But would be a night mare to enforce and I think the resources required to chase it down and enforce it would offset the reduction in govt size from implementation of a flat tax. People would just pay cash and barter to avoid it like they avoid sales tax. However .. both of these methods are far superior to the current one. |
#3
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![]() "Otis Winslow" wrote in message .. . "Tom Sixkiller" wrote in message ... The flat tax (which I'm against) doesn't even kick in until you make like $30K. BTW, I heard on the radio that something like one-fourth of households now pay NO taxes whatsoever (aside from local)...so who are the parasites? Everyone should pay something. From the first dollar. There should be no parasites. As for a consumption tax .. it's a great idea. But would be a night mare to enforce No moreso than sales tax already is. Even more, there is much less that can be manipulated via "interpretations". and I think the resources required to chase it down and enforce it would offset the reduction in govt size from implementation of a flat tax. People would just pay cash and barter to avoid it like they avoid sales tax. Only commodities (primarily) can be bartered. One last thought: The US existed for it's first 125 years without an IRS, and with only excise taxes. We started to rapidly lose our liberties and privacy when the Income Tax and the IRS came into being in 1913 (just in time for World War One). |
#4
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![]() "Otis Winslow" wrote in message How is switching to a tax on consumption going to help? We already have sales taxes. The answer is the flat tax. Just like Soc Sec .. EVERYONE pays the same percent of their income. Period. No deductions. No sliding scale. No cutoff. I disagree. A flat tax does not gather in criminal income. You still rely on the taxpayer to report income. A fed consumption tax applies to all -- criminals and law-abiders alike. Drug dealers and wise-guys buy boats and cars and clothes and stuff just like everyone else, and more so in many cases. By including criminal income, you'd probably triple the available taxable pool. The problem is that CPAs, tax attorneys and everyone else involved in handling the current nightmare tax system would never let it happen. Their PACs would be paying off every congress critter out there to prevent it. The real issue is that Congress would fight it tooth and nail. Without the IRS code, Congress loses their ability to try to force behavior from certain groups, and to dabble in social engineering. The IRS code is what gives Congress the power to hurt their adversaries, and they won't give it up without a fight. |
#5
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![]() "John Gaquin" wrote in message ... The real issue is that Congress would fight it tooth and nail. Without the IRS code, Congress loses their ability to try to force behavior from certain groups, and to dabble in social engineering. The IRS code is what gives Congress the power to hurt their adversaries, and they won't give it up without a fight. John, You've hit the nail on the head with that one. Couldn't say it much better. -Trent PP-ASEL |
#6
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![]() "Trent Moorehead" wrote in message ... "John Gaquin" wrote in message ... The real issue is that Congress would fight it tooth and nail. Without the IRS code, Congress loses their ability to try to force behavior from certain groups, (See below) and to dabble in social engineering. The IRS code is what gives Congress the power to hurt their adversaries, and they won't give it up without a fight. John, You've hit the nail on the head with that one. Couldn't say it much better. They also lose the abiltiy to court favor (and favorS) through use of the tax code (special breaks) as awell as regulations (stomping a competitor or adversary). |
#7
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![]() They also lose the abiltiy to court favor (and favorS) through use of the tax code (special breaks) as awell as regulations (stomping a competitor or adversary). So, help us get the FairTax passed. Volunteer at the rally or at www.FairTax.com Don -- Wm. Donald (Don) Tabor Jr., DDS PP-ASEL Chesapeake, VA - CPK, PVG |
#8
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"Otis Winslow" wrote in message ...
How is switching to a tax on consumption going to help? We already have sales taxes. If you don't buy much .. you don't pay much tax. It would be too hard to enforce. The answer is the flat tax. Currently, AOL users cannot post directly to usenet, so I am replying through Google. The flat tax is better than the current system, but the FairTax has significant advantages, especially in cost of compliance and progressivity. See http://www.fairtaxvolunteer.org/materials/flatax.html Don |
#9
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American businesses will spend more just on the cost of compliance
with the IRS code than we spend on the war on terror, and we do it EVERY year, with no end in sight. Man, that's for sure. I just paid over $1000 for my corporate taxes, for the second year in a row. Until last year it was running about $600 per year. That is money that SHOULD have gone to my employees, or into landscaping, or remodeling another suite -- but instead I must pay it out to some bean-counter who pretends to understand the tax code. And this is all ON TOP OF the hotel tax I pay. ....And the state sales tax. ....And FICA. ....And Medicare. ....And federal withholding. ....And FUTA. ....And State Unemployment. The truly sad thing is that I do all the taxes except the year-end stuff myself, without difficulty. But my year-end tax return is so complex that I can't possibly understand it (The return itself is over two inches thick. The supporting documentation is over a foot thick.), and don't even pretend to read it. I just sign on the bottom line, and fork over the dough. It's criminal, and it must be fixed, soon. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#10
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![]() "Jay Honeck" wrote in message And this is all ON TOP OF the hotel tax I pay. ...And the state sales tax. ...And FICA. ...And Medicare. ...And federal withholding. ...And FUTA. ...And State Unemployment. Oh, but Jay, thank goodness your employees don't have to pay most of that stuff. You do! No sweat off their backs, right? -- Jim Fisher |
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