Posted on 06/13/2011 12:36:26 PM PDT by RWK
Prospective presidential candidate Michele Bachmann says she wants a national sales tax, but can’t vote for it because she believes Congress would just add it to the current income tax system.
In a profile in The Wall Street Journal, Bachmann says she loves the FAIR tax proposal but just cannot bring herself to back it in the House.
“If we were starting over from scratch, I would favor a national sales tax," the three-term Minnesota congresswoman says. But the reality is that if it were enacted, the chances are “we would end up with a dual tax, a national sales tax and an income tax."
Bachmann says her tax plan would be to take corporate rates down from 35 percent to nine percent and “zero out” capital gains tax, the alternative minimum tax and the death tax.
But she says the main problem with the U.S. tax system is that nearly half the population pays nothing. She says all deductions should be abolished “because there is no tie to the government benefits that people demand.
“Everyone should have to pay something," she insists.
(Excerpt) Read more at newsmax.com ...
Has she introduced such legislation in Congress? Has she lobbied other congressman to support this idea?
She has at her disposal the means to begin the process, but has she done anything on this policy?
A president has no power to institute a "FAIR" tax. (The president cannot pass legislation, they can only veto it).
Indeed, the oath of office of the president requires that they faithfully execute the existing "laws." (Not necessarily the mountains of regulations).
IOW as a president her responsibility would be to ensure that the current tax "laws" are enforced.
Here is the follow up question to her call for a FAIR tax.
Will she enforce the existing laws?
She and Cain will win the debate tonight. Romney will be too busy with his politico planted answers and looking in the camera at himself.
Ditto that!
Prebates would end up being nothing more than a manipulation, control, vote buying tool.
A Flat Tax all the way!!
This is the first I have heard her saying anything like this. I have not hung on her every word for years so if she DID push a fair tax before Cain did, then this article isn’t exactly news is it? It would be like Wrong Paul demanding the Fed be audited......DUH, he’s always wanted that, it wouldn’t be anything new.
This article being posted makes it sound new. Cain has made the fair tax the central plank in his campaign for months now. THis is the first I hear Bachmann doing the same.
Why WOULDN”T I call her a copycain?
Flat tax is the only way to go!
Is CNN hosting the debate tonight?
What time, do you know?
she is just pandering because it is election time.
she is just a palin stalking horse.
a typical DC politician, jimmy carter supporter, who tried to coopt the tea party movement as a way to say magic words to consolodate personal power.
it is all about her, not the country.
Since the dawn of the progressive era (Roosevelt / Wilson) we have had Presidents taking office and setting a broad political agenda trying to lead all branches. It has weakened Congress to the point where they are nothing but party machines pitted for votes.
I dislike Cain and now Bachmann linking their candidacy to a specific legislative wholesale change to the tax code which has to originate in the Congress for them to even sign. The sales process for the Flat Tax or the Fair Tax is a long and complex issue for the electorate to digest and to make it have to be accessed prior to "buying" the candidate in general is reducing that candidate to a single issue person.
Repeal of ObamaCare is a given, that issue is well known, but taking a taxing method and completely changing it is a four year process at a minimum by the time you clear all the hurdles.
I am looking for these guys to say "let's send home the communists and get back to plain old America" or a similar message that basic -- not asking the voter to evaluate an entire tax code overhaul to even consider them.
(s) and if elected I PROMISE A LIVING PREBATE!!!!!(/s)
you can solve most of the corruption in government by barring those taking government monies in any form from voting until they stop taking those monies.
But that will never happen. Those who would have to vote for it are the beneficiaries of the current system
Which is why it would would have to be a constitutional amendment which does ALL of the following:
The political process could then quibble over what percentage the tax would be, as long as it's less than or equal to the maximum allowed by the amendment, and which items would be subject to the sales tax.
Now THAT would be truth in taxation. All Americans would then be able to know EXACTLY how much of their money is being given to the federal government.
To quote (or paraphrase) Robert Kennedy... "Some people look at what what is and ask "Why?" I look at what could be and ask "Why not?"
I hate the ‘fair’ tax from its “pre-bate” yearly payoffs to liberal voters down to it’s ‘tax-inclusive’ rate calculation
‘Fair-tax’ proponents are as bad as liberals in their zeal for it
If we are goin gto have a tax at the cash register, it should be about 5% and ACROSS THE BOARD for everyone and evertthing (except food)
Me too. Abolish the IRS.
No exemptions
No subsidies
Zip, zero, nada
This ain't rocket science. Rocket science is preparing your tax return every year.
Americans will finally wake up when they see a 23% sales tax on everything they buy.
And when the Feds want more money, and try to increase the sales tax, people will go batsh1t.
I would prefer a national sales tax, because even a flat tax taxes only those that have a repoted income where a national sales tax would aslo include those working under the table, drug dealers bookies etc because it would tax them when they spend it not when they earn it, my concern would be that they keep the income tax and just add the national sales tax not replace the income tax with the sales tax
I can remember posting many many months ago she was for the fair tax and is a tax attorney. This is not the first time. She is debating tonight so this is why she is getting press.
A flat tax would make much better sense than what we have now. Throw the whole tax code out and replace it with one page of rules. But you still have the IRS. I'd pefer the national sales tax if the IRS is abolished because it takes the governemnt out of knowing what we make. It is none of their business.
Changing to either the sales tax or a simple flat tax would get the economy going again. At the same time we should abolish all non-profit corporations. Most are just scams anyway.
“But she says the main problem with the U.S. tax system is that nearly half the population pays nothing.”
No, they pay but they don’t see.
Yes, but only if coupled with a smaller government. A huge and ever-growing government will take and waste an unreasonable amount of taxes, regardless of the method of collection.
So, the fair tax is one of many solutions on the fiscal supply side, but if you don't stop the government from demanding more and more, it's not a solution to our problems.
Yes there are,
And do they really in fact contribute to anything?
NOpe, Just blood suckers and bottom feeders.
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