If you eliminate the whopping earned income tax refund checks, eliminate all loopholes for the wealthy, begin to receive taxes on those working under the table... YOU FLATTEN THE TAX. The amount if new revenue would be astounding. The rest of us at. 20-36 percent would now pay 9. And that is only in what we buy not what we earn
In addition, under Cain’s plan, a working person would not only pay a 9 percent tax upon every necessity of life he purchases, but an additional 9 percent on the wages he earns when selling the property each has in their own labor.
Is this in harmony with our founding father’s thinking? I think not:
“…..with all these blessings, what more is necessary to make us a happy and a prosperous people? Still one thing more, fellow-citizens—a wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvementand shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our felicities“. Thomas Jefferson, First Inaugural Address
I think the answer to real tax reform is to add the following 32 words to our Constitution which would return us to our Constitution's ORIGINAL TAX PLAN as our founders intended it to operate:
The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money
JWK
Our federal government personifies a living creature, a predator: it grows, it multiplies, it protects itself, it feeds on those it can defeat, and does everything to expand its powers and flourish, even at the expense of enslaving a nation’s entire population.