Ted Cruz Ping! If you want on/off this ping list, please let me know.
Please beware, this is a high-volume ping list!
CRUZ or LOSE!
Posted on 04/23/2015 7:05:16 AM PDT by SeekAndFind
can. should. will...
That is what I say.. The “experts” are protecting their jobs.
Little Estonia has a flat tax of 25%. They have more money than they can responsibly spent. They are now going to reduce the tax to 18%, figuring that they will have even more money coming into the government's coffers due to business expansion.
We absolutely could get rid of the IRS, as we know it! It’s called the FAIR tax, or national sales tax. There would only need to be some agency to make sure retailers were correctly charging the tax at the point of sale. And the best part is that all the States already have sales taxes, and have procedures to ensure that the taxes are properly collected. All you do is add the national sales tax onto transactions.
RE: Little Estonia has a flat tax of 25%. They have more money than they can responsibly spent.
How does Estonia collect the flat tax? Surely they must have their own version of the IRS.
Lets try it and see. If it doesn't work, we can always go back to it.
I imagine they are afraid of losing their phoney-baloney jobs over getting rid of the IRS.
CRUZ or lose!
/johnny
Bump.
Representative Apportionment. Assign to each Senator and Representative a cost based upon the amount of taxes to be raised. Bill each state for their two Senators and X number of Representatives. Let each state decide how to collect the funds. States pay their funds to the treasury.
No longer a need for the IRS.
RE: If not abolish, at least shrink it, limit the scope and streamline.
Minus the straw man argument, THAT is what Ted Cruz has in mind IMHO.
Right. There’s going to need to be a revenue “counter”. I’m sure Cruz’s plan would mean streamlining the tax code so that the IRS isn’t the behemoth that it has become.
This tax season was painful. I'm self employed with few expenses. I was thinking that next year that I should spend more, but then I realized that it is stupid to spend thousands of dollars on stuff that I don't really need so that I can save hundreds on dollars on taxes.
No matter what tax law they write, there will be unintended consequences. The grand social planners will always say, "But that's not what we wanted the little people to do!"
The only solution is to simplify the code and shrink the bureaucracy. Other than a flat tax (with no exemptions) or a national sales tax (with no fine print), we'll only be trading one mess for another. Anything that allows the social planners to play favorites or endlessly tinker will ultimately become a bloated mess.
Uncertainty about tax law is the bane of business. Every year when I do taxes, I call it going to Vegas. I know I'm going to loose, but I don't know how much until the end.
Any business should make decisions based on what's good for the real business, rather than what's good for the tax code.
A simple tax code with a minimal bureaucracy that stays simple will free up so much time, money, and resources that growth would be immediate and sustaining.
Someone has to collect and enforce the FAIR tax. The IRS is not the problem. Congress is the problem. Congress made the tax code the monster it is.
It is a typical politician's ploy to make laws so complex they are unworkable, and then blame the agency they put in charge.
We got along just fine for 124 years with no IRS.
Ted Cruz Ping! “”” If a lot of income goes unreported or taxes go uncollected, trust in the system breaks down, rates have to be higher, and the economy ails.”””
Must be a lot of trust in them now I guess.
Seriously this guy has so many things that just are not so in this article that I had to stop reading half way threw. Could not take the BS.
Yep, I have thought that something similar is the best plan for a while now. Figure a fair method to allocate the federal expenses to the states and then let them figure out how to pay their share of the bill.
This would have the bonus effect of making states more likely to elect fiscally conservative representatives, since sending a bunch of big spenders to Washington will crush their own state budgets.
The fundamental reasons that an income tax is wrong have little to do with how flat the rate is.
You’ve got to pull it out by the roots, not prune it.
This un-American, un-constitutional agency should never again be used as a political tool to intimidate and penalize hard working American citizens and or those with dissenting voices.
Enough is enough. The IRS was used during an election cycle to alter the outcome of an American election. What was done was illegal/immoral and a blatant attack on our way of life.
No if and buts, move to a simple, fair taxing system and stop penalizing American business.
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