To: Bigun
Let's here your proposal.
Do you have a bill before congress that will get it done?
Does it retain the IRS?
Is it an income tax in any form?
Been there, done that, got the t-shirt.
I've previously proposed either a flat tax (something on the order of 8-9%) with everyone paying and with a mandated biannual reduction as socialist programs (medicare, medicaid, welfare, social security) are phased out.
I would also support the consumption tax/FairTax if the rate were substantially reduced, if the prebate were eliminated entirely and if there was a credit for the double-taxation on savings. Again, I would support a somewhat higher initial rate with gradual, mandatory reductions as unconstitutional programs are phased out.
Both proposals are more workable than the current abomination but no, none are before Congress yet. Nobody in Washington has the stones to do what needs to be done.
177 posted on
05/08/2009 7:25:37 AM PDT by
Filo
(Darwin was right!)
To: Filo
I've previously proposed either a flat tax (something on the order of 8-9%) with everyone paying...If you are talking about an income tax here count me out! The income tax has GOT to go! It taxes the wrong end of the spectrum and is too easily manipulated to promote class warfare among other things!
I would also support the consumption tax/FairTax if the rate were substantially reduced, if the prebate were eliminated entirely and if there was a credit for the double-taxation on savings. Again, I would support a somewhat higher initial rate with gradual, mandatory reductions as unconstitutional programs are phased out.
Seems as though you want to do it all in one feld swoop. It ain't going to happen that way my friend! It took a LONG time for us to get were we are and it's going to take some time to get us back where we belong and the FairTax proposal is the best idea out there to get us started down that road!
...none are before Congress yet.
That's what I thought!
Nobody in Washington has the stones to do what needs to be done.
What's holding YOU back from running! If ever there was a time for that it is now given the current mood of the country!
180 posted on
05/08/2009 1:41:37 PM PDT by
Bigun
("It is difficult to free fools from the chains they revere." Voltaire)
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