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To: Froggie
'A flat tax does not eliminate the IRS or need for accounting...you still have to keep records, pay accountants, file forms etc. all an unnecessary drain on the economy (unless you are an accountant)"


You don't need an accountant to pay a flat tax, say 13%. You don't need an accountant to look at your paycheck and pay 13%.


" - a National Sales tax makes the best sense - it gets rid of the underground economy - stops the need to file forms, keep records and tell the government under penalty of imprisonment how much income you make. Let's hope they can pull it off."

The government will make more money this way. With a nationals sales tax businesses will be REQUIRED to have accountants, keep records and will have the underground economy thrive because you can get away with paying NO taxes on goods and services.
212 posted on 08/01/2004 7:57:33 PM PDT by nmh (Intelligent people recognize Intelligent Design (God).)
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To: nmh

You will still need to inform the government how much you are making...still have to file forms....still have a IRS to keep track of it....
Businesses already have the accounting systems in place as they collect state taxes already....no real additional expense for them to change their computers from collecting 7% to 20% or whatever the rate becomes.
It's be very easy to people to make income "off the books" and not have it show up on a W2 - but much harder to go buy your groceries/toys/whatever without paying the tax.
And with this sales tax you can control your tax by controlling your spending...


334 posted on 08/01/2004 9:18:56 PM PDT by Froggie
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To: nmh

And with Flat income tax, the business still has to file income forms on employees - and who is going to do that -- yep, accountants!!


335 posted on 08/01/2004 9:20:19 PM PDT by Froggie
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