REPUBLICANS PLAN PUSH FOR ELIMINATION OF IRS

The Drudge Report ^ | 8/1/04 | Drudge

[YankeeDoodleBoy]

This is not an attempt to quit feeding the beast, it is merely an effort to eliminate the income tax as a means to fund the beast.

Unless he seriously, significantly, and meaningfully cuts spending, the beast will live on. It will only be funded by a flat tax or someother mechanism.

The flat tax, or VAT, or whatever, is another invisible - because it is so incremental - means of taxation. If you want to see people get outraged, eliminate the payroll deduction and have people write weekly checks for their tax payments.

I've said it before, and I'll say it again:

You cannot have a fiscally conservative tax policy and liberal social spending policies and balance the budget. Can't happen.

[PatrickHenry]

If Bush can get rid of the IRS, it will be greater than Lincoln's emancipation of the slaves -- because right now we're all slaves. A simple sales tax, ideally collected by the states so that no new bureaucracy is required, would be the way to go. In Florida, some items are exempt from the sales tax, like food. That could be built in for the "fairness" angle. A whole lot of the Congress won't like it, because at present they're really in the business of selling loopholes, but it could be done. Dynamite issue.

[Smartass]

THANKS FOR THE PING!

[scott7278]

So your husband has been preaching that the National Sales Tax is the only option for years, but now that it could become a reality, he's against it and is going to vote for Kerry?

Did I read that right?

[VaBthang4]

"That should get about 99% of the undecided and 50% of the democrats!"

LOL. True.
I'd love to hear someone in DC say it in front of a microphone. Preferably the President himself.

[Froggie]

You are so correct -- it also eliminates the hidding of income - the need for accounting records and accountants!!
They complain that it will bring forth a larger black market - but how can that be as bad as what we have now?
The Texas Republican party has a platform that does call for the elimination of the IRs !! Nice to see the folks in Washington are taking notice....This has been proposed for a long time by Congressman Norgood (?) but the dems will demogogue it to death and never let it come to fruition because it would alter their grand designs for economic social engineering!

[Taxman]

Your point is well taken, but we outnumber the Bastards!

And, WE VOTE!

[mabelkitty]

Drudge had this up during the Democratic primaries.
It was a headline that Bush was going to do a tax overhaul in this second term.
I remember that.

[tophat9000]

If Bush can get rid of Sadam, Osama, and the IRS he will have achieved the trifecta of destroying evil in the modern world

[E. Pluribus Unum]

The Speaker of the House will push for replacing the nation's current tax system with a national sales tax or a value added tax, Hill sources tell DRUDGE.

National sales tax good, VAT bad.

A VAT woulf allow the government to install stealth taxes that you will pay without a clue.

[Taxman]

The real economic cost to the US economy FRom the income tax and the IRS is more like $1.00 for every dollar raised!

James L. Payne calculate the cost at $.65 per dollar raised in 1995, and the total cost of the income tax tyranny has gone up a great deal since then.

[Froggie]

A flat tax does not eliminate the IRS or need for accounting...you still have to keep records, pay accountants, file forms etc. all an unnecessary drain on the economy (unless you are an accountant) - a National Sales tax makes the best sense - it gets rid of the underground economy - stops the need to file forms, keep records and tell the government under penalty of imprisonment how much income you make. Let's hope they can pull it off.

[Rate_Determining_Step]

I never thought I'd see the day this was talked about by lawmakers. This is amazing!

I'm for a flat tax.

[CGTRWK]

Changing from an income tax to a spending tax midway through the game amounts to double taxation of savings. Once when you earned it in the first place, and now again when you go to spend it. We all recognize the double taxation of the death tax as inherently wrong - a massive new tax on your life savings when you do anything with them is every bit as odious.

Furthermore, no amount of juggling of the tax system is going to solve the coming Social Security and Medicare crises like Hastert says they will. The problem is that as with all pyramid schemes, the robbee:robber ratio eventually reaches a level of unfeasability. Switching Tax Plan A for Tax Plan B amounts to removing the needle from one arm and inserting it in the other.

[Remember_Salamis]

Holy Crap! Dubya's on board with the FairTax!

[Taxman]

Tough sell, but doable.

We outnumber the Bastards, and WE VOTE!

[dubyas_vision]

The NRST would also pay for Social Security, and people would get to keep their entire paychecks.

How would the Social Security department know how much money to send every month if we put social security into the NRST? Don't people that put more in get a larger Social Security check?

[Taxman]

THASS RIGHT!

[walden]

VAT is also administratively complex, whereas existing accounting systems, already configured to handle state and local sales taxes could easily handle a national sales tax as well. Simple to collect, simple paperwork, simple everything.

This would be TOTALLY COOL! And, I'm a C.P.A.!! I've gotten just close enough to taxes several times during my career to know that the tax code is an abomination, an offense against man and God. ;)

[Taxman]

The NRST is gonna happen!

You heard it here first!