To: Scanian; Taxman; Principled; EternalVigilance; phil_will1; kevkrom; Bigun; PeteB570; FBD; ...
Tax codes are often written to support national goals, above and beyond mere revenue generation. This is often called "social engineering" although an engineer might not recognize it as such.
The income tax code is now used as a means of punishment and control over the people. The innumerable loopholes and exemptions thanks to thousands of lobbyists distorts the economy. The income tax code along with IRS need to be eliminated and replaced with a national sales tax by enacting The Fair Tax Act. Fair Tax ping!
5 posted on
10/06/2009 3:53:26 AM PDT by
Man50D
(Fair Tax, you earn it, you keep it! FairTaxNation.com)
To: Man50D
What you just wrote is among two reasons I want
FairTax:
1) It eliminates the biggest form of corruption in Washington, DC, namely the use of the Internal Revenue Code to favor or punish financially even the smallest constituencies.
2) It makes superfluous the practice of taking some US$14 to US$ 19 TRILLION in American-owned liquid assets out of the US financial system by either participating in the underground economy or using tax loopholes to funnel money to offshore financial centers located around the world, all in the name of tax avoidance.
6 posted on
10/06/2009 4:53:21 AM PDT by
RayChuang88
(FairTax: America's economic cure)
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