There was a vague, unpleasant manginess about his appearance; he somehow seemed dirty, though a close glance showed him as carefully shaven as an actor, and clad in immaculate linen.
-- H. L. Mencken's description of William Jennings Bryan
The 16th Amendment was never properly ratified. Several states changed the wording and passed a different amendment, yet all that was ignored by the Wilson administration in order to force socialism on us.
Whatever you subsidize you get more of. Whatever you tax you get less of.
Why then do we subsidize poverty and tax prosperity?...........
I take strong exception to the first P.S., celebrating Obama’s glorious victory over Osama.
(Or was that Osama’s glorious victory over Obama? I get them confused.)
Let’s leave it to the Commies to celebrate May Day.
Note: Russia has a single flat rate system.
Split it between the 16th and 17th amendment like President’s day.
The SECOND worst is automatic payroll deductions. The LIV crowd that brought us to this mess is unable to tell you what percentage of your salary is going to Santa Obama - oh that’s right they don’t work. When are conservatives going to start “Going Galt”?
5.56mm
Then there's the worthless EPA. Remember, it didn't always exist. Then The Education Department.
The FairTax was created by first asking the American people what they wanted out of a tax system, and then having a team of respected economists design a tax system that met those demands. The FairTax replaces the income tax and all other federal taxes with a national consumption tax. The FairTax is levied only once, at the point of purchase on new goods and services. The simplicity of the FairTax frees Americans from our current overwhelming tax code and unshackles the U.S. economy.
The FairTax:
* Abolishes the IRS
* Closes all tax loopholes and brings fairness to taxation
* Maintains current Soc. Sec. and Medicare benefits
* Brings transparency and accountability to tax policy
* Allows American products to compete fairly
* Reimburses the tax on purchases of basic necessities
* Enables retirees to keep their entire pension
* Enables workers to keep their entire paycheck
The truth about trade and history
Gotta love Republican, big government protectionists. They've been exporting jobs from American for over 100 years.
I believe almost all of our problems would melt away if we simply mandated at all adults pay the same tax amount, not same tax rate, but amount. No one in private industry checks your W-2 then adjusts the cost of a good or service. The intrinsic value of that good or service is determined by the free-market. It should also be so with the services of govt (equal protection).
If everyone paid the same amount, the “takers” would do unto themselves what they would do to us. If you don’t pay, you can’t vote. Govt would quickly shrink to its appropriate and sustainable size.
There was a vague, unpleasant manginess about his appearance; he somehow seemed dirty, though a close glance showed him as carefully shaven as an actor, and clad in immaculate linen.
-- H. L. Mencken's description of William Jennings Bryan
....the Worst Day in American History?
1. 30,000 tax lobbyists--HALF the lobbyists in Washington, DC--fighting for every scrap of a tax loophole. And you get political corruption on a huge scale over this.
2. The result is a tax code over 70,000 pages long so complex that it makes James Joyce's Finnegans Wake almost easy to read in comparison. Even the IRS can't figure out much of the tax code!
3. The sheer complexity means exorbitant yearly compliance costs, estimated by some economists to soon approach US$500 BILLION per year (and climbing fast in each subsequent year, especially with the imposition of Obamacare mandates through the tax code).
4. It also encourages the outsourcing of millions of jobs, thousands of factories, and hundreds of corporate headquarters for tax avoidance reasons. Care to explain why Apple manufactures its products in China, and why Google has to used that highly-complex and expensive Double Irish with Dutch Sandwich accounting scheme to lower its tax bill?
5. It results in (by some estimates) around US$15 TRILLION in American-owned liquid assets sitting in offshore financial centers and other foreign banks for tax avoidance reasons (care to explain all those "banks" in the Cayman Islands, Bahamas, British Virgin Islands, and so on? Or why Apple has 70% of its US$130 billion liquid asset reserve outside the USA?).
6. Government uses the tax code as a political instrument to favor or punish political constituencies as little as ONE taxpaying entity. The recent scandal using the IRS to target conservative 501(c)(3) and 501(c)(4) groups is clear proof of this.
7. Because the IRS needs to know intimate details of personal and business financial records in tax return filings, there are potentially serious issues with invasion of privacy. Care to explain why former Presidential candidate Mitt Romney's private tax returns ended up in the offices of Senator Harry Reid (D-NV)?
8. The IRS assumes you're guilty of tax evasion, and you end up having less rights than most common criminals!
Utter economic and political insanity. Maybe it's time to completely ditch the income tax and replace it with this:
