Posted on 06/16/2011 9:06:56 AM PDT by justsaynomore
From the article... "There have been an endless amount of tax-reforming legislation passed into law going back for decades. All that happens is the opposite. More tax law, more special-interest group provisions, more pork, more lobbyists, more regulation, more penalties, more destruction of the U.S. trade relations, more incentive for business to move jobs or the company itself out of America, more loss of liberties of the taxpayers, and more corruption of the Congress and the President."
(Excerpt) Read more at moneynews.com ...
Sorry - I messed up on the title, it should read “Cain Is Right About Repealing Income Tax”
The title makes this post look like a hit piece on Herman Cain.
How’d you manage that?
The hit piece will come with the parade of disgruntled ex-employees on 60 Minutes telling us all how Herman was running a sweat shop.
Suggest you pull the post and start over.
It was my mistake and I’ve already asked the mods to fix it. The title should read: “Cain Is Right About Repealing Income Tax’
The title I posted is from another article, and no, it’s not a hit piece: http://www.freerepublic.com/focus/f-news/2734867/posts
Can you pull an article on FR? I’ve never seen a feature for that.
Hit “Report Abuse” on yourself to flag the message, and include your comments for modification/pulling in the form.
I DID that already.
born December 13, 1945 in Memphis, TN (Meets the Jus Soli Requirement)
Parents were
Luther Cain Jr., born March 16, 1925 in TN, died March 29, 1982 in Atlanta, GA
Lenora Davis, born July 27, 1925 in GA, died August 20, 2005 in Atlanta, GA
Both parents were US Citizens at the time of his birth (Meets the Jus Sanguinis Requirement)
Herman Cain is a NATURAL BORN CITIZEN
Barry Soetoro aka Barack Hussein Obama ISN'T!
Oh well, I’ll just post a new one.
Our presidents since Eisenhower and through President Obama have never met a spending opportunity they didn't like. The income tax system allows the Congress and the administration virtually unrestricted access to all of your money. If you protest too much, then they have self-righteously given themselves the ability to levy onerous penalties or destroy your business, or rather easily put you in prison.
The result is that the income tax system has facilitated our public servants — Congress and the administration — to become unaccountable mandarins, ruling the United States rather than serving the people.
If Cain is serious about this, he needs to have drafted and heavily vetted, “tandem” resolutions, sent out to the individual States for debate, to poll their interest.
The first resolution would be the repeal of the 16th Amendment, The Income Tax, importantly along with all of its “enabling acts”, the tax laws and courts based on the 16th Amendment.
The second resolution, for his new tax, would have to be written in such a way that it is absolutely *dependent* on the passage of the first resolution as a constitutional amendment, before it could be passed.
If it wasn’t written precisely that way, sure as a gun the US would end up with *both* an Income Tax *and* a consumption tax.
And the third thing he would have to do, which would be the hardest of all, would be to write new enabling legislation for the new tax.
This is because, by themselves, constitutional amendments have no force until enabling laws are written about them. And even if an amendment is well written, if its enabling laws are not up to snuff, the amendment is fairly useless.
The best example of this was the 18th Amendment, the Prohibition of Alcohol. It was clear and precise, but by the time the enabling laws were written, enthusiasm had cooled, so congress made the enabling laws very weak—too weak to make prohibition work.
And though it quickly became a joke, it still took 14 years to repeal the 18th Amendment with the 21st Amendment.
Once Cain was to do this, there will be a huge amount of debate on the subject, because in truth, the US has *never* had a good means of funding the federal government.
Importantly, Cain’s idea of a consumption tax may be a good one. But it must take into account the known “perfidies”, of how politicians subvert the law to achieve very different ends.
For example, who sets the rates for consumption? And *how* are those rates set and changed? Obama would likely declare a 10,000,000% tax on coal, because he has the stated goal of destroying the coal industry.
Could the rates be changed by congress by a voice vote at 2am on a Saturday morning? By the decision of unelected bureaucrats? And what if what is consumed is bought outside of the US, such as fuel, pharmaceuticals, and luxury items?
The devils are in the details, and as has been demonstrated by the Income Tax, the devils are not just legion, but Corps, Army Group, or Theater in number.
Enslaved.
.
Bump for Herman Cain.
.
bttt
bump for Cain!!!
That’s a good start. Now let’s talk about repealing property tax, capital gains tax, estate tax, taxes on dividends and interest, etc.
Excellent post.
I am convinced that the stealth reason for people’s fondness for the “Fair Tax” is not because is would be simpler way to fund the government but that it would be more apparent. With taxes being taken out of paychecks folks don’t have their noses rubbed in just how much the government costs. A sales tax would be more obvious display of federal bloat.
Your points give us a fine picture how high the hurdles will be in adopting the Fair Tax and the avenues for excess and corruption that we’ll encounter should we try to go that way.
I would like to see us discuss instead how much we should be spending on government in toto rather than what method is used for tax collection.
“I would like to see us discuss instead how much we should be spending on government in toto rather than what method is used for tax collection.”
Tax collection - government spending.
Two separate issues - both need to be discussed.
The present system, income tax, punishes work, investment, savings, and takes away our freedom, liberty, and privacy.
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