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To: Cincinatus' Wife

flat tax, 10% across the board, no exemptions

Take ALL the power away from the IRS and rule makers, make it simple and easy to understand, and put several billion in wasted effort of compliance back into the economy.

AND the government HAS TO live within that 10%, no deficit spending except for wartime emergency.

Next problem?


7 posted on 03/06/2014 8:31:23 AM PST by Mr. K (If you like your constitution, you can keep it...Period.)
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To: Mr. K

I agree with the flat 10% tax, I’ve been advocating that here in Alberta too.

Next problem, Islam and the muslims in North America, what’s the solution?


23 posted on 03/06/2014 9:19:45 AM PST by Bulwyf
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To: Mr. K
flat tax, 10% across the board, no exemptions

Do you think the definition of the word "income" is subjective? It will be with that plan. At that point, there will need to be enforcement.

The real problem is spending. No tax plan is going to fix that without addressing the Congress' systematic ignorance of Article I Section 8.

31 posted on 03/06/2014 9:32:03 AM PST by Carry_Okie (Islam offers us three choices: Defeat them utterly, die, or surrender to a life of slavery.)
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To: Mr. K
AND the government HAS TO live within that 10%, no deficit spending except for wartime emergency.
Specifically, the government has the authority to meet this year’s expenses by borrowing an amount no greater than last year’s actual revenue. But it must retire that debt this year. That is, next year’s outlay budget is limited to this year’s revenue - not some pie-in-the-sky rosy scenario guestimate of next year’s revenue.
And Congress must live within that limit or else be ineligible for reelection.

42 posted on 03/06/2014 11:10:34 AM PST by conservatism_IS_compassion ("Liberalism” is a conspiracy against the public by wire-service journalism.)
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