[lewislynn]

As long as you are forced to file private information (1040) you are a slave. The Fair Tax is the only way out.

H.R.25

Fair Tax Act of 2005 (Introduced in House)

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`SEC. 903. WAGES TO BE REPORTED TO SOCIAL SECURITY ADMINISTRATION.

`(a) In General- Employers shall submit such information to the Social Security Administration as is required by the Social Security Administration to calculate Social Security benefits under title II of the Social Security Act, including wages paid, in a form prescribed by the Secretary. A copy of the employer submission to the Social Security Administration relating to each employee shall be provided to each employee by the employer.

`(b) Wages- For purposes of this section, the term `wages' means all cash remuneration for employment (including tips to an employee by third parties provided that the employer or employee maintains records documenting such tips) including self-employment income; except that such term shall not include--

`(1) any insurance benefits received (including death benefits);

`(2) pension or annuity benefits received;

`(3) tips received by an employee over $5,000 per year; and

`(4) benefits received under a government entitlement program (including Social Security benefits and unemployment compensation benefits).

`(c) Self-Employment Income- For purposes of subsection (b), the term `self-employment income' means gross payments received for taxable property or services minus the sum of--

`(1) gross payments made for taxable property or services (without regard to whether tax was paid pursuant to section 101 on such taxable property or services), and

`(2) wages paid by the self-employed person to employees of the self-employed person.

[Turbopilot]

Here’s an interesting question: what would the government’s response be if an employer failed to report such information and the employee did not object? All it would mean is that the employee would not accumulate SS benefits, which would save the government that future liability.

For example, if the FairTax were adopted, and I as a small business owner did not report any income to the SSA, would the government care? Regardless of what system of taxation we have, I think I have better odds of winning the lottery than ever collecting anything from Social Security, and I don’t even play the lottery. I certainly don’t want senior citizen welfare, nor do I base any financial planning on receiving any of it. I can’t imagine the government auditing anyone to force them to become eligible for a potential future transfer payment; I certainly wouldn’t worry about filling out whatever forms they may develop for such a purpose.

I realize from other threads that you are opposed to such reforms. But don’t you think that under the FairTax, SS would become essentially a voluntary system, since there are no longer taxes supposedly collected specifically for SS?

[ovrtaxt]

SS, unfortunately, is a separate issue.

It also needs to be jettisoned.

[Kellis91789]

So instead of having to report all your financial information, your employer only has to report wages and the employee doesn’t have to report anything.

Sounds like a big improvement.