Here’s a better idea - simplify the tax code. Drastically. Like 10% for all, not deductions, no exemptions, credits, no adjustments of ANY kind. So simple even a democRAT could figure it out.
They get a lot of power, by tweaking the tax code,
every year.
PDJT knows this. IMO, it will be gone. Or, like you say.
How about 0%?
If you want to discourage something, you tax it. If you want to encourage something, you subsidize it.
So why are we taxing income and subsidizing poverty?
You can't tax business, they can just pass the tax burden along to the consumer.
Here’s a better idea - simplify the tax code. Drastically. Like 10% for all, not deductions, no exemptions, credits, no adjustments of ANY kind. So simple even a democRAT could figure it out.
@@@&@@
I’m a federal sales tax guy. Collect it at the cash register, total “Truth in taxation “. When that 10$ item has a 1$ state tax and a 15$ federal tax people will come unglued.
The other positives:
-No IRS the state treasurer will send a monthly check to the US treasurer and I’m sure the secretary can deposit 50 checks a month.
- Power over unfunded mandates, state Gov may withhold tax check for DC stupidity. (Sates rights!)
- price of goods sold is decreased by all payroll/SS/MEDICARE/MEDICAID taxes/ fuel taxes/ phone or comm taxes etc.
Would not take long to weed out the swamp!
WWG1WGA!