To: Shout Bits
The effect it would have on homeowners would be the same as a massive tax increase.
Without COMPREHENSIVE tax reform, this is an idiotic idea.
Replace the income tax with a flat tax EVERYONE pays amounting to 8 percent of all income, no matter where it comes from, and you have a deal.
No more free riders. Everyone needs to have a stake in tax policy. With over 50 percent not paying taxes (you need to crank in the illegals), there’s no incentive to oppose tax increases on the producers.
10 posted on
06/18/2012 10:01:46 AM PDT by
RinaseaofDs
(Does beheading qualify as 'breaking my back', in the Jeffersonian sense of the expression?)
To: RinaseaofDs; BlackElk
No more free riders. Everyone needs to have a stake in tax policy. With over 50 percent not paying taxes (you need to crank in the illegals), theres no incentive to oppose tax increases on the producers.
BS. There are so many taxes besides the income tax, and of course the taxes paid by corporations and sole proprietorships are passed onto the so-called "free-riders". Very few people had to pay income tax when it was first introduced. The conservative position is to push for lower taxes in general.
When we start arguing about making sure everyone pays in one of the many taxes we are subject to, we are conceding big government. Hey, those of you who call yourselves constitutionalists as the Founding Fathers intended, how about serious income-generating tariffs so that the free-riders who sit offshore benefitting from our comparatively stable system and (what is left of) free enterprise have some more skin in the game? You will find a lot more in the original Constitution about that than about income taxes.
15 posted on
06/18/2012 10:08:05 AM PDT by
Dr. Sivana
("You forget, it isn't who you claim, but instead, who claims you. We don't claim you!")
To: RinaseaofDs
Only the Progressives think taxes are always good, with more taxes being better.
Here's what I think ~ the federal personal income tax, which is only one of many taxes, was sold to the people of this country by Progressive Republicans under the stipulation that it would never apply to any but the top 1% or 2% of wage earners.
Today it's ripping off 53% of wage earners.
That proves it is a fraud, and a failure.
Best to abolish the federal personal income tax as just another failed federal program that's long outlived its utility.
24 posted on
06/18/2012 10:22:50 AM PDT by
muawiyah
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