Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Principled

Low tarriff on all imported goods with no variation and no exception. If the 16th is not repealed then a 9% flat earned income tax (the SocSec tax is an income tax and has to go, too) with no exceptions, exemptions, credits, deductions, from the first dollar earned. The taxpayer has to write the check monthly or every paycheck or whatever, no withholding.


12 posted on 06/24/2015 9:54:12 AM PDT by arthurus (It's true!)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: arthurus

LOVE the no withholding! Withholding is a socialist tool to minimize the pain of taxes.

Any income tax will still not be border-adjustable. That would still put our producers at a 9% disadvantage vs imported goods - AND - would put our exports at the same disadvantage overseas as our tax costs are built into US made goods.

The 16th has to be repealed. We’re gonna have taxes so the least intrusive and fair IMO is a sales tax on all retail consumption...including imports. It’s the definition of excise our founders used until 1913 or so. And an excise is border-adjustable - so our goods leave our shores withOUT tax included - AND - imports must have the excise levied on them.


14 posted on 06/24/2015 10:06:03 AM PDT by Principled (Government Slowdown using the budget process!)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson