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To: JOHN W K

“if Obama were to agree to adopting a “flat tax” on “incomes” (profits, gains, salaries, interest, wages, tips, etc.) which I believe is what Senator Cruz is in favor of, the IRS would have to remain intact”

NOt really, I think the Russians have a 12% flat tax on income. Taken out payroll deduction, no need to even file. Once in a lifetime mortgage deduction is the only time you need to file.

But id prefer no taxes except a sales tax. You don’t spend, you don’t pay. That combined with a tariff system.


11 posted on 01/18/2015 5:48:07 PM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office.)
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To: DesertRhino
id prefer no taxes except a sales tax. You don’t spend, you don’t pay.

Agreed, This would do two very important things. The terror of the individual citizen having the einsatzgrouppen coming after them if they step out of line cold no longer be used as a club to bludgeon them into submission and the information harvested through the need for income determination would no longer need to be given to those who wish to use it against their political enemies.

i.e. freedom would expand

16 posted on 01/18/2015 6:23:18 PM PST by Cowman (How can the IRS seize property without a warrant if the 4th amendment still stands?)
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To: DesertRhino

I would favor a three tiered approach: income tax, property tax and sales tax.

Income taxes on payroll and investment income. Federal property tax to cover infrastructure related programs and a sales tax for commerce related programs.

All fixed rates, very simple to administer, and “fair” since that evil 1%er will pay big numbers on the $10M home, new Benz and caviar. And the middle class will only pay on the $100k home, new Honda and steaks for the grill.


17 posted on 01/18/2015 6:25:22 PM PST by 5thGenTexan
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