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To: JayGalt

Do away with the federal income tax and we wouldnt have to fund these.

Replace it with one time collected (at the cash register) National Retail sales tax.


5 posted on 11/20/2019 6:48:09 AM PST by crz
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To: crz

There is a lot to be said for that plan.
The savings in time & $ by avoiding preparation using tax attorneys, preparers and individual preparation would be huge.
It would be dwarfed, however, by the savings from eliminating distortions of good business practices caused by working to optimize tax payments and the $ spent developing those plans. Imagine if a business could set up it’s accounting practices and corporate structure in the manner that best suited it’s functions.
The savings and freedom to develop an estate plan that didn’t give up control of one’s estate before death to avoid government confiscation would also be huge.


7 posted on 11/20/2019 6:59:59 AM PST by JayGalt (You can't teach a donkey how to tap dance. Nemo me impune lacessit!)
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