Fair isn’t the question.
Anyone, such as Sanders, who states that our nation was founded on principals of “fairness” is mistaken.
The founding principal of the American Republic is Liberty.
How do we define “fair”?
I think the $18 trillion plus national debt needs to be reduced.
It has gotten so large that the government needs to cheat ordinary savers by Federal Reserve low interest rates.
The people making the highest incomes could be charged above average tax rates and all the proceeds above the middle class rate used to reduce the existing debt and that refinanced.
That’s easy! The Veterans Party of America has a plan to go to a Consumption Tax & allow ALL American’s to keep their whole paycheck & do away with the irs & some other gov.’t agencies at the same time, in a phased out manner.
I tend to favor a three tax rate system:
1. a basic rate to finance retirement, disability and welfare systems of no more than 12% paid on most income and
2. a top-up rate of maybe 15% (marginal 27%) paid on $25,000+ income used to finance the running of government and defense and
3. a debt pay-off rate of maybe 25% (marginal 47%) paid on $100,000+ income used to pay off the existing national debt and that refinanced.
I want to have a tax plan that takes away as much regulatory power from gov’t bureaucracies as possible.
The tax code has been used throughout American history to regulate in areas where direct regulation would be unconstitutional. The courts have generally allowed tax regulation, the latest example being Roberts finding for Obamacare as a permisssible taxing function. There are plenty of other examples in history as well.
Freedom has to take precedence over tax plans that are designed to further social engineering goals, however praiseworthy (e.g., “stimulating investment”). Anyway, freedom is the best stimulus.
So I’d go for Huckabee’s national sales tax as the least regulatory as long as it’s kept simple.
Well, the dems have successfully changed the definition of the word, “fair”, such that this becomes a difficult conversation to have. IMO, the Fair Tax is the most fair because the consumer can largely control how much tax they pay.
I would like to see EVERYBODY pay the same percentage. Stop punishing those that work harder with higher taxes.
Oh, and get rid of every IRS employee on the planet and bulldoze all of their buildings. Preferably with the employees inside. Nothing but parasites anyway.
I have studied them all and NOT one of them is Constitutional, NOT ONE. We already have a constitutional tax plan, it's called the 16th Amendment. Therefore, it should be about restoring the 16th Amendment by stopping the misapplication of it. Anyone who supports a broad sweeping tax plan that affects every household is voting for slavery.
The ‘income’ tax is an excise tax on privileged activity. It is NOT a tax on all that comes in as ruled by the SCOTUS and upheld every year when hundreds of thousands of educated Americans lawfully file & receive 100% of what was withheld back from the IRS, or those who lawfully do not file, well, the IRS has been more than happy to leave them alone. The 16th Amendment income ‘excise’ tax is limited in its scope and that is the beauty of it, is that by the choices we make we can choose to participate or choose NOT participate in it. That is why it is voluntary. Voluntary has NOTHING to do with the actual filing of the tax, it has everything to do with the source of ones receipts. Were those receipts a result of privileged activity? If yes, then those receipts are subject to taxation.
It's time Americans educate themselves, apply the tax laws as they are written. That is how we shrink the government beast, we simply do not over feed it that which it is NOT supposed to be feeding off of. It is high time Americans quit fearing the government and start standing up to the governments abuse of that which is God's.
Someone supports a VAT, too.
Cruz.