Posted on 04/24/2005 10:32:10 AM PDT by n-tres-ted
Edited on 04/24/2005 11:30:31 AM PDT by Lead Moderator. [history]
# Do you favor a flat levy? Would you vote for a VAT? The U.S. is asking Americans to suggest fixes or alternatives to the federal tax system.
Hate the U.S. tax code? Now's the time to speak up.
The President's Advisory Panel on Federal Tax Reform, four months into examining what's wrong with the U.S. income tax system, is soliciting ideas from the public.
It is possibly the first time in history — and certainly the first time in generations — that the general public has been asked to help revamp tax law, said Jeffrey Kupfer, executive director of the panel. Taxpayers have until Friday to submit proposals on how to fix or replace the income tax system.
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Rep. John Linder (R-Ga.) proposed a national sales tax that would replace the income tax. A set amount would be refunded to each taxpayer to ensure that people living at the poverty level would pay no tax, Linder said.
Under Linder's plan, rich Americans would not pay a higher tax rate than the middle class. But because the wealthy buy more, he argued, the system would be fair.
"We would turn Americans into voluntary taxpayers based on how they chose to spend," Linder said in an interview.
The panel can be reached by e-mail at comments@taxreformpanel.gov
Flat tax, 10%, as dictated by the Bible. Furthermore, except in states of emergencies (as decreed by Congress, with very specific conditions/end dates) there must be a balanced budget, period.
A flat tax of 10%.
I like the value added tax (VAT). That puts me in control of how much taxes I have to pay - assuming they repeal the payroll taxes. If I am frugal in my spending habits, I can pay less taxes. A flat tax of say...10%, I think punishes lower middle class families - 10% of their income will certainly eat into their budget - whereas 10% of upper income will not eat into anything necessary - like food, clothes or medical costs.
Repeal all income and sales taxes. Replace them with a tariff on all imported goods and services.
HR25 NRST
5% national sales tax on everything.
We can start be replacing dems with republicans and RINOs with conservatives on a wholesale level in the house and senate.
Historians have dug up ample proof that skullduggery was afoot when the 16th Amendment was pushed through by Senator Nelson Aldrich of Rhode Island (coauthor of the Federal Reserve Act of 1913). The "Robber Barons" of the day were all very supportive of it, which is sort of counterintuitive until you realize that they had already figured out how to avoid the proposed income tax. They have successfully avoided it ever since, leaving it to be paid instead by the middle and lower classes.
Anyway, in their rush to ratify the 16th Amendment the administration cut some corners. It is here that mistakes were made that were dismissed as inconsequential at the time but have now been well documented and are starting to be argued about today. In fact, I believe that all this talk of a "National Sales Tax" started because the Oligarchs realize that there are cogent arguments that the 16th Amendment was not legally ratified and with enough popular support could get it tossed out without a replacement.
The most easily understood summary of these issues can be read at the link below.
The best tax is one that does not exist.
I'm not advocating no money to the government, but allowing the government to make money through the creation of money.
Let the government take over the creation of money, taking it away from the FED.
That would reduce the amount of debt owed right away.
It would also give back the Constitutional authority that the Federal Reserve act took away.
WE then would allow the government to take 10% of the money needed to run the economy, which in effect would keep government spending in check.
This would keep the government out of our business, out of our lives and keep it in its constitutional roles.
We could then cut the time Senators and Congress would be in session and make them citizen legislators, instead of full time slave masters.
This would make the people in government go back home and have real jobs instead of spending all their time in DC getting corrupted.
It would also stop inflation by keeping the cost of government to 10% of the economy. Governmental inflation is a major drain on our economy.
There are so many positives with this system instead of a flat tax or a national sales tax. NO government agencies to keep track of us and no forms to fill out. No need for government intrusion into our personal affairs and it would keep the cost of government in check to 10% of the economy.
I agree - If the govt can't live with 10% of our money then they need to go out of business.
If you would like to be added to this ping list let me know.
John Linder in the House(HR25) & Saxby Chambliss Senate(S25), offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright, and provide a IRS free replacement in the form of a retail sales tax:
H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.Refer for additional information:
You left out the most important part of the article.
Americans who want to weigh in on taxation can contact the panel by e-mail at comments@taxreformpanel.gov
God also manages to do more with that 10% without having to borrow, then all the government geniuses put togather. Go figure.
The Fairtax is pegged at 30% federal sales tax on top of all state and local taxes.
God also manages to do more with that 10% without having to borrow, then all the government geniuses put togather.
No problem God creates what he needs out of nothing, when 10% is not enough.
When government does that, we call it inflating the money supply ;O)
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