There's also the coming onslaught of 78 million retiring baby boomers. Without more workers to support retirement programs like Social Security, boomers must live with fewer benefits or younger workers must pay higher payroll taxes to support programs for boomers. Neither choice is good.
G'd forbid that I might live with fewer benefits, or even change how we fund SS/Medicare. Blechhh.
I'd opt for fewer benefits and killing the whole idea of funding with payroll taxes in a heart beat, to preserve a future for my children and grandchildren. They need to look to their own futures, and have the capacity to do so. The whole concept that they owe me their slave labor is an anethma and ridiculus on its face. I did not give the the opportunites of life, that they would merely becomes slaves to a attrocious tax system and entitlement program that should never have been started in the first place.
Kill income taxes and take out the payroll taxes with them. Neither system is good for any country that pretends to be founded on concepts of individual liberty and self reliance.
A Taxreform bump for you all.
If anyone 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 replace them with with a national retail sales tax administered by the states.
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:
Kill income taxes and take out the payroll taxes with them. Neither system is good for any country that pretends to be founded on concepts of individual liberty and self reliance.
To which I can only add a very large
A M E N ! ! !