Posted on 01/06/2011 7:17:20 AM PST by Bigun
(snip)Filing taxes takes too long, costs too much money and is far too overwhelming a process for taxpayers.
(snip)"If tax compliance were an industry, it would be one of the largest in the United States," the report says. "To consume 6.1 billion hours, the 'tax industry' requires the equivalent of more than three million full-time workers."
(Excerpt) Read more at money.cnn.com ...
Simply passing HR25 (The FairTax bill) into law would save U.S. Taxpayers a minimum of $500,000,000,000 per year just for starters and that doesn’t even mention the multiple other benefits of such a move!!
The bill was filed yesterday in the 112th congress with 47 initial co-sponsors.
Paying them a mere $1 per hours would let us all have a huge tax cut.
Perhaps we should each submit our “billable hours” and an invoice to the IRS when we file our returns!!!
What we really should do is INSIST that the 20th century progressive income tax be put onto the ash heap of history where it belongs and replace it with something more in keeping with what our founders envisioned!
I didn’t realize our Founders envisioned an income tax. All I know is there wasn’t a federal income tax until 1916, and ever since then, it’s been much harder for families to accumulate wealth and serve their own needs.
The founders did not envision anything like what we have today ever and, until the passage of the 16th amendment in 1913, nothing like it was constitutional!
Thanks for correcting me on the date of the 16th Amendment!
Ping!
And it’s time periods like this that makes me wonder why I even started my own business!
Anybody who creates jobs for other people is evil and must be punished.
It's the law.
Then what would happen to all of the tax accountants and lawyers, you think they’re going to give up their gravy train without a fight?
Nope! I surely do not but I certainly DO intend to make it a REAL fight!
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