We could do worse.
What’s wrong with implementing the Fair Tax, instead?
Tax collection is not the problem. Spending is the problem.
He doesn’t have to run for president to enact a flat tax. He needs to get the legislation through the congress. Sarah Palin can sign the bill. If that isn’t good enough, then I believe he is using this issue to run for president and nothing will become of it. The same old promises every election cycle.
Another reason to really like this man! My husband and I very much like the flat tax.
(I also like Pence’s work in Congress to defund Planned “Parenthood.”)
If this Flat Tax is in combination with a 10 or less page of instructions for filing with a huge 1 page form for under somewhere around $100,000 I would buy it. Fair Tax would be a joke.
I would be very happy with Pence as POTUS.
Taxing one’s income is immoral.
Taxing transactions is much more fair.
“Flat Tax”, “Abandon Keynesian Crapola”, “Return to Free Market Fantasy”
All well-meaning nothingness, no substance, no real reform just political crapola.
In 1913, the 16th Amendment was ratified and permitted the federal government to tax income. The first tax code was a ‘Flat Tax’; 7% for the wealthiest 2% and 1% for everyone else.
Since 1913 there have been 5 major tax reforms, ALL OF THEM making the tax code FLATTER, simpler and la-ti-da.
Since the last major tax reform in 1986 there have been more than 18,000 legislative amendments to the tax code and there has been a quadrupling of tax lobbyists.
Get the picture on the Flat Tax?
IT NEVER STAYS FLAT!!!!!!!!!
Why?
Because it is a cancer.
A ‘Flat Tax’ is surgery to remove a cluster of cancerous code but the tax cancer comes back with a vengeance in 10 to 15 years. Happens every time.
The way to get rid of the tax cancer is to get rid of the 16th Amendment and enact a far superior tax code of revenue and enforcement called the ‘FairTax’; the brand name is ‘FairTax’ not ‘Fair Tax’.
http://www.fairtax.org/site/PageServer?pagename=about_faq
The Flat Tax has happened before again and again. It is nothing new. It always fails.
How to prevent a Flat Tax from failing?
1. Pass a law that says you can’t amend a law? Nope, not possible.
2. Pass a law that says 2/3s votes of Congress are required to amend the tax code? Nope, can be overturned on simple majority vote.
Both of the above and any similar ideas require a Constitutional Amendment to make it difficult for a new Congress to get around.
If Congress is going to pass lasting tax reform they are going to have to amend the Constitution. If they are going to amend the Constitution, they may as as well amend it to repeal the 16th. The simple solution to the tax cancer is REPEAL THE 16th AMENDMENT AND ENACT THE FAIRTAX!
Here’s an article by a Constitutional Law Professor who is esteemed by conservatives:
http://online.wsj.com/article/SB124044199838345461.html
“Flat Tax” invariably means “Flat Tax RATE”, an improvement but still grossly unfair to high earners.
Why should they pay more? SUBSATIALLY MORE. Most high earners actually use LESS government than the “poor”.
“Flat Tax” invariably means “Flat Tax RATE”, an improvement but still grossly unfair to high earners.
Why should they pay more? SUBSATIALLY MORE. Most high earners actually use LESS government than the “poor”.
When a billionaire buys something at the store, he pays the SAME PERCENTAGE of sales tax!!
Pence major weaknesses in any run for POTUS are his running for POTUS from the House of Representatives and Pence’s past views on illegal immigration issues. Pence has been “squishy” on illegal immigration issues, and he might, still, be “squishy” on illegal immigration issues, today.
The idea that one person has to work for the Government while another does not is not Equal Protection, it is Indentured Servitude.
10% bracket = work 5 weeks a year for the Gubmint.
35% bracket = work 17 weeks a year for the Gubmint.
So much for that Fair Share Clintonian crap.
Flatten a cow pie and it’s still a cow pie.
Pence disappoints.
The GOP is so utterly bereft of real principled vision and leadership that it isn’t funny.