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Olivastro: Time to Repeal the Income Tax (Article and Poll)
GOP USA ^ | January 20, 2011 10:33 am | Richard Olivastro

Posted on 01/25/2011 1:24:18 PM PST by so_real


The persistent reduction of citizens retained earnings and the compression of individual free choice options — installed through an insidious income tax system and set of nefarious regulatory schemes – is indeed endemic of the very abuses and usurpations that gave our forefathers just cause to birth the Declaration of Independence.


(Excerpt) Read more at gopusa.com ...


TOPICS: Editorial
KEYWORDS: fairtax; flattax; irs
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Great article concluding the IRS can indeed be abolished in its present form. Scroll to the bottom. There is a poll regarding the replacement of the income tax and it has a sales tax option included! Let your opinion be known.


1 posted on 01/25/2011 1:24:23 PM PST by so_real
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To: so_real

Considering the 16th Amendment was never ratified by the senate, its high time.


2 posted on 01/25/2011 1:27:17 PM PST by Emperor Palpatine (I'm shocked! Shocked to find out that gambling is going on in here!)
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To: so_real

Flat tax is winning.

good.

Anything with “prebates” is retarded


3 posted on 01/25/2011 1:27:18 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: so_real
10% Flat Sales Tax and

REPEAL OBMAMIECOMMIECARE.

4 posted on 01/25/2011 1:29:31 PM PST by Jim 0216
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To: so_real

At 1627ET:
Scrap the Income Tax?
NO - retain the current multiple rate Income Tax 0.86% (8 votes)

YES - replace it with a single rate Income Tax 25.91% (241 votes)

YES - replace it with a single rate Sales Tax only 68.71% (639 votes)

YES - replace it with a single rate Head Tax only 4.52% (42 votes)

Total Votes: 930


5 posted on 01/25/2011 1:32:18 PM PST by PubliusMM (RKBA; a matter of fact, not opinion. 01-20-2013: Change we can look forward to.)
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To: Emperor Palpatine

It would be interesting to know if we ended all federal government agencies except the ones that protect the country. And all state programs except those that protect the state and citizens. How much would we save? And how much more money would each one of us as working individuals would have? Right now our phone bill is $40, after the taxes are added it’s $66. About half the price of gas is taxes, same with electric...ect.


6 posted on 01/25/2011 1:39:26 PM PST by MsLady (If you died tonight, where would you go? Salvation, don't leave earth without it!)
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To: GeronL

I do know a bit about the FairTax, which does have a "prebate" built into it for those living below the poverty line. I can certainly appreciate that the slippery slope of where the poverty line is drawn (and who falls below it) is a recipe for abuse. But, with so many people indoctrinated into the government safety net system, how can we move forward with reform without such a provision? The negative PR would cause considerable hurt. I don't disagree with you. Just looking for a viable alternative.


7 posted on 01/25/2011 1:40:22 PM PST by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: Jim 0216
10% Flat Sales Tax

Social Security alone is 15.3% now.

8 posted on 01/25/2011 1:45:23 PM PST by SeeSharp
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To: Emperor Palpatine

I never knew that. I thought that all amendments had to be ratified by the senate.


9 posted on 01/25/2011 1:47:30 PM PST by Jean2
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To: Jean2

They do.....however there was a LOT of backroom shenanigans when this one allegedly passed. (Especially with the Massachussetts senators - Massachussetts, go figure.)


10 posted on 01/25/2011 2:03:29 PM PST by Emperor Palpatine (I'm shocked! Shocked to find out that gambling is going on in here!)
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To: so_real
I agree that prebates are ripe for abuse but I have other problems with the VAT tax in any form.

After having coughed up over 30% of everything I earned all my life, I am now faced with the possibility of having all the money I've saved taxed at roughly the same rate when I need to spend it in retirement.

This seems so d*mn unfair that it will probably come to pass.

11 posted on 01/25/2011 2:14:31 PM PST by Aevery_Freeman (Fear God and Government - especially when one tries to become the other!)
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To: so_real

I’m one of those folks, and frankly, it would do me quite a bit of good dropping the exemptation and going to sales tax only.

With sales tax only I don’t have to pay any tax whatsoever unless I choose to buy something. I have full control over the tax I pay, not the government.

With no income taxes, labour costs will come down, and efficiency will go up which means the cost of stuff I buy would go down too. So even though I’m not the direct beneficiary, it’s still dollars I get to keep in my pocketbook.


12 posted on 01/25/2011 2:15:01 PM PST by BenKenobi
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To: All



Have YOU Donated To FR Yet?
Less Than $6.5k To Go!!


13 posted on 01/25/2011 2:27:51 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: so_real

The “Fair Tax” plan I read said that EVERYONE would get a monthly “prebate” from the government. This is a way that government can make the middle class their b*&^h, making them addicted to getting a government check.

All the leftists have to do is promised a higher prebate than the Republicans. Then there is the bureaucracy to carry all of this off, mind-boggling.


14 posted on 01/25/2011 2:30:04 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: so_real

I couldn’t vote. The fair tax wasn’t given as an option.


15 posted on 01/25/2011 2:45:24 PM PST by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: so_real

Bookmark.


16 posted on 01/25/2011 2:59:28 PM PST by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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I’m a big proponent of the fair tax. But, it must do away with the stupid prebate.


17 posted on 01/25/2011 3:06:30 PM PST by dsrtsage (One half of all people have below average IQ...In the US the number is 54%)
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To: GeronL

In The FairTax Prebate Explained 2007 it indicates families have to file to receive the prebate, and must renew their application on an annual basis. Also :

Calculation of the prebate
The monthly prebate check is calculated by multiplying the annual poverty level spending published each year by the Department of Health and Human Services times the FairTax rate and dividing by twelve. Poverty level spending represents what it costs families of varying household size and composition to buy their necessities. Figure 2 shows the monthly prebate amount for households of varying composition.


So the opportunities for shenanigans are in the calculation of poverty line spending (which can be audited -- so it is at least public information) and the FairTax rate which everyone else is also tied to (playing with the rate affects everyone equally so no unfair advantage or disadvantage can be introduced that way). There is a slippery slope in setting the poverty line level. But, because the FairTax method is tied to poverty level *spending*, and not poverty level *income*, it is still at least better than we have today.


18 posted on 01/25/2011 3:07:06 PM PST by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: freedomfiter2

I couldn’t vote. The fair tax wasn’t given as an option.

True ... but the fair tax is a form of single rate sales tax ...


19 posted on 01/25/2011 3:09:26 PM PST by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: Aevery_Freeman

After having coughed up over 30% of everything I earned all my life, I am now faced with the possibility of having all the money I've saved taxed at roughly the same rate when I need to spend it in retirement.

Though I have a few years to go before I retire, I am in the same frustrating boat my FRiend. I see it coming. And I get ulcers when I hear the libs talking about a 1% transaction tax on my money and windfall retirement taxation. They are going to either take all they can, or take what what we permit them to take. It's up to us to make the choice and show some teeth about it. If we don't draw a line somewhere, the default is for them to take it all.


20 posted on 01/25/2011 3:36:28 PM PST by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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