[Tolerance Sucks Rocks]

PING!

[hosepipe]

Mike Lee and Marco Rineo.. together..
pegs out my Rinometer.... Rope-a-Dope?

[RedMDer]

Reducing the control and political leverage the IRS has will be a tough tooth to pull.

[Resolute Conservative]

Just because I went to school and worked hard my whole life my wife and I have to pay 20% more than some people? That is pure BS. Make it flat across the board at 15%. If you must have us who worked harder pay more how about 20%? This passes, which it won’t, I will stop working and drive a dozer for a living.

[Steve_Seattle]

I’m retired and my income is about $65,000 a year. If I’m not mistaken, this proposal would increase my tax by more than $3,000 a year.

[Pollster1]

However, if the child tax credit is to be expanded, the National Center for Policy Analysis (NCPA) recommends making it contingent on parents using it to provide health insurance for their children; or, if the children are otherwise covered, putting aside money in a Health Savings Account for the family’s future medical needs.

No! There should be no social engineering in tax policy or in any other federal policies. Taxes should collect revenue, and free Americans should decide how to spend their own money without artificial incentives or penalties. There should be no exceptions to this, not even in a "good cause". Exemptions and deductions also should not phase out. Someone who makes $1B plus, like Bill Gates, should pay 1,000 times as much as someone making "only" $1M, so it's silly to be phasing out deductions too. Simplify the tax code by making it only about collecting revenue.

[navyguy]

35% is very high. I already pay out the wazoo and this would be no better.

Drop it to 25% and I might support it, but as it is I’m getting just a raped under this plan as I am now.

[Georgia Girl 2]

U R kidding me? 35% for $151,000? That’s nuts.

Just get rid of the income tax. Period. These guys just can’t let go of the teat. I don’t care who they are they just can’t conceive of not taxing your income.

I can’t believe Mike Lee has hatched this looney idea. Rubio I am not surprised.

[RayChuang88]

While it’s a significant improvement, we need something as drastic as what Steve Forbes proposed in 1996: a 17 to 19% flat tax where the only loophole is a very generous initial earned income (wages and pensions) exemption. The result would be tax filings that would make the current 1040 EZ forms look complicated in comparison and could save American taxpayers 75% of the current yearly compliance and economic opportunity costs of the tax code—imagine US$750 billion per year freed up for way more productive economic activities.