Posted on 11/19/2005 11:06:05 AM PST by Eaglewatcher
Tax reform/fairtax PING
Long overdue.
DeathoCrats need the tax code the way it is so they can demonize Republicans about tax cuts for the rich, rich not paying their fair share, etc.
The Republicans need the tax code the way it is so they can campaign on promises of tax cuts.
I do not see any way that the current crop of congressional politicians will do anything to take away or eliminate such huge campaign issues. In other words, it is much more important to the Republicrats to keep these campaign issues then to do what is right and make things much easier on the peeples.
Hip hip Hooray!!! Hip Hip Hooray!! Of course do I believe it will happen? Sure, right after they abolish the Department of Education.
Interesting note, they are talking more and more often on Foxnews of getting rid of the IRS in a positive way.
It is no longer considered a joke to publically talk about this.
If anyone would like to be added to this ping list let me know.
John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.
H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.Refer for additional information:
Abolish the IRS? Wheeee. What a party. Let's wish for the abolition of Liberalism, too! Both institutions are pervasive, counter-productive and suck the life force out of everything good and natural.
Talk of the U.S. pulling out of the UN is far more acceptable in many circles than it used to be as well. Alas, neither will happen anytime soon, imo.
I'd prefer a flat tax at a fair (5%) rate than the fair tax, but either would be fine with me. I'd be ecstatic, in fact.
Abolition of the estate "death" tax is long overdue as well.
Ditto. The last thing this nation needs is another regressive tax system. It will only serve to penalize none but the dwindling middle class and creates no incentives save for the creation of a burgeoning black market. And what's worse, when (not if) the tax revenues drop due to the black market, the states and fed will create new hidden taxes (AKA "fees") to recoup their revenue losses.
And when their tax revenue losses become big enough, the "fair tax" (sic) bill permits intrusion into our lives to make sure we're buying merchandise from approved sellers.
Under the misnamed "fair tax," the menacing phrase, "Papers, please" will be replaced by "Receipt, please."
Naturally, the "fair tax" crowd will deny this...and it's understandable since none of them have bothered to read the bill.
Even small changes such as the 1986 elimination of tax breaks for rental properties caused seismic problems in our economy. The only survivable option for changing the tax code is by incremental change. Wholesale changes will only serve to destroy our country in financial bankruptcy. If you want a miltary takeover due to insurrection, revolution and general lawlessness then vote for huge changes in the tax structure.
The great depresion will look like a Sunday Picnic. And we will have a global melt down when the American Economy tanks due to lacks of cash receipts. You can't expect the average joe to send in MORE taxes when they are all looking to send in less. There will be a total breakdown in compliance. Armchair economists will cluck and scowl that "things aren't going the way they should" while the economy tanks, social transfer payments are stopped or dollars are printed like play money to cover the debts that aren't paid for by tax income.
Amen!
Actually, Fairtax/HR-25 has close to 60 Congressmen supporting/co-signing it right now and it is not even put up to a vote yet. There is also a lot of support for it in the Senate and the White House.
Alas, neither will happen anytime soon, imo.
It seems the Republicans has finally had it with the Democrats, so that increases the chances as well.
I'd prefer a flat tax at a fair (5%) rate than the fair tax, but either would be fine with me. I'd be ecstatic, in fact.
Income Tax was original a flat tax. A Flat Tax would keep the IRS in place, where Fairtax would get rid of it.
Abolition of the estate "death" tax is long overdue as well.
Actually the estate tax is being fazed out over the next couple of years, we just need to make that taxcut permanent, which the Republicans have been trying to do for the past two years.
The Income Tax Code/IRS is like a weight nailed to our collective leg, sending us deeper into the water/debt. We either lose the leg, or lose our life/economy through drowning/bankrupcy.
I'm Ok but apparently you are drowning in leg iron bankruptcies. So Don't Take Us Down With You. Please....
First, demonstrate that we can cut spending and live within a budget, then lets take a look at the mechanisms of taxation.
On the money, Prime.
Ultimately, IMHO, the price of abolishing the IRS will only be paid in blood...
The so-called progressive income tax is a Marxist abomination, and a central dogma of Communist ideology.
We could balance the budget (not counting Social Security, government is borrowing around $200 billion a year) on justing getting rid of the IRS. That would save us nearly half a trillion dollars a year right there. Nearly quarter of that trillion ($240 billion) will be saved directly by people in not having to spent time and money complying to a complicated tax code (IRS).
I guess my statement went over your head. In a nutshell, the IRS is driving the country into bankrupcy.
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