Posted on 03/04/2016 3:21:31 PM PST by BlackFemaleArmyColonel
It's America's favorite pander. Pledging to abolish the Internal Revenue Service is only slightly less attractive than promising unlimited, consequence-free sex with the partners of our choice. Nobody likes the IRS, and eliminating it entirely will surely resolve many, many sleepless nights for too many Americans, especially at this time of year.
So, it's no wonder why Ted Cruz is promising to abolish the IRS. It's such a crucial aspect of his platform that he mentioned it twice during his Super Tuesday victory speech in Texas because, for middle-aged Republican voters, it's way better fapping material than naked pics of Sarah Palin. And Ted Cruz, with his skeevy face and Glengarry salesman mendacity, has no choice but to roll out the big guns in order to compensate for his unprecedented repulsiveness -- booger mishap and all.
Too bad it's a pipe dream.
During various Cruz stump speeches and television spots, the loathsome senator with his punch-me face can be heard to pledge three things related to taxes:
1) A 10 percent flat-tax. 2) Tax returns filed on postcard-sized forms. 3) No more IRS.
The question that ought to immediately spring to mind for anyone paying attention is this: Where the hell do we send our postcard-sized tax returns if the IRS doesn't exist any more? I've asked this question repeatedly on the Bob & Chez Show as well as throughout social media, and not a single Cruz supporter has bothered to answer.
Consequently, I did some digging myself and discovered the truth.
Ted Cruz absolutely doesn't plan to abolish the IRS after all. Instead, Cruz intends to shrink the size of the agency. How do we know this? Cruz's campaign website...
(Excerpt) Read more at thedailybanter.com ...
You might have an argument if Ted already wasn’t arguing to replace two or three taxes with one. Resulting in lower taxes, and more money in peoples pockets
4 checks to Hillary's Presidential campaign.
...but It Doesn't Matter & I Don't Care
Got it.
The same party spirit is in both camps - “we’re right you’re wrong”.
On the surface at least it would appear that Cruz’s straight flat tax effectively eviscerates the IRS which I think is the point. However, when you look closer, just the fact that it is an income tax means that the role of the IRS (or whatever agency Cruz wants to call its replacement - that IS misleading on Cruz’s part) although greatly reduced in size and scope would still involve obnoxious investigations into one’s income to verify whether all income has been reported. And that issue even rolls back to the definition of what is income.
Cruz’s REAL problem IMO is his resistance to resolving his NBC status which IMO makes him look like the typical career politician putting his political prospects ahead of the good of the country. To me that is a real problem with Cruz.
So yes, Cruz may be exaggerating, but Trump is too. I mean I support Trump but he also has some real problems IMO. For instance when he says Mexico will pay for the wall what he means is he will put enough tariffs (taxes) on their incoming good so the U.S. government will use the money to pay for the wall. But who REALLY is paying for the wall? Not Mexico - the tax doesn’t hurt Mexico - these good are already bought and paid for. The tariff (tax) forces the costs of these goods higher as they enter our country forcing higher prices at the local distributor for the American consumer. So it’s the American consumer that is really paying for the wall in higher prices forced upon them by these tariffs. So Trump is also misleading.
Whaddaygonna do? Dang man, they’re politicians and fallible. More reason why we should do the best we can to get the best we can in there, but trust the Lord to bring actual recovery to America.
IMO, regardless of the validity of the 16th, it should be void on its face: it violates the 4th/5th and 13th....but, I digress.
The ONLY way to reduce the size of the IRS, if not get rid of it outright (return functions to the Treasury) is a NRST (some form of the Fair Tax’ish).
Point of sale, no multi-taxing, encompasses EVERYONE, visible, VOLUNTARY and the People are as far from the peeping eyes of govt as possible (sale > biz > State > Fed).
Cruz plays fast and loose with the truth and I think it’s coming back to bite him hard.
Now Ted....count to ten and you’ll calm down....breathe.....
I don’t know if the flat tax is the same as Linder’s “fair tax” bill which I have read, all 65 pages. With the fair tax a 23% surcharge would be added to all sales of new products. Thus the entrepreneur would have that 23% separate to forward to the government. In addition a monthly “prebate” was to be paid to people to cover the cost of a minimal living amount of that 23% tax. There would definitely need to be some organization to collect the tax and pay the prebate.
Everybody would pay except for those who choose to spend their money overseas, and buy overseas. Unless there was a tax on exporting money, which I just heard Hillary propose for companies that want to take their money and jobs overseas to countries with cheap labor and lower taxes.
Actually Ted is proposing two taxes, one of which is a gross receipts or VAT tax on businesses, something which we don't currently have at the federal level.
And in many instances his plan results in higher taxes. For the self employed, and small business owners Ted Cruz's tax plan results in them paying at a higher tax rate than Fortune 500 CEOs and Goldman Sachs executives. People earning millions of dollars a year will pay at a flat 10% rate while their plumber is paying 26% of his income.
I'm sure that will work out really well in the general election.
Many countries around the world require income tax withholding on many classes of outbound money transfers. The US could do the same thing on money transfers from the USA to Mexico, capturing income tax on money earned in the USA by Mexican nationals. If they filed tax returns then they could recover the withholdings. For individuals who don't participate in the normal process of paying taxes the government would still collect the revenue.
Well, the tax rate is the same for everyone, and if your plumber is a small business owner he should already be paying taxes. Meaning he is paying close to 50 or 60 percent currently. So 26 percent is a tax cut.
For example, consider a guy who mows lawns. He owes 16% of his total sales less what he spent on gasoline, oil, and any new mowers or rakes he bought during the year. And then he owes 10% of his personal income from the business. So he pays at a rate of about 26%.
By contrast, a hedge fund manager earning millions of dollars a year pays at a rate of about 10%. So does a teacher working for the government.
I find it hard to see how a 16% penalty on being self employed or running a small business will help our economy.
You need to study more. Learn about tax rates, taxation, etc.
Oh so you plumber doesn’t pay taxes, is that because he is an illegal and doesn’t pay taxes
That may very well be true, but that is not what Trump is talking about.
Then show the same calculation under Sen. Cruz's plan.
Take away the Federalization of Senate elections and most State Legislatures can recall and replace their Senator(s) whenever they see fit which would end the easy ride of globalist rule and anti-Constitutional USSC Justices get in the Senate.
JMHo
Agreed!
The amendments I would support at a Convention of States would be term limits, and repealing the 16A and 17A. (NOT a balance budget amendment- excuse for the Left to raise taxes - disastrous.)
Hard to get the 16A repealed. My gosh the consternation. If it miraculously happened it would be a good thing only if they went back to tariffs for taxes (AFTER, of course dismantling MOST of the federal government) or a national sales tax AT POINT OF FINAL PURCHASE, BUT NO VAT. VAT would be more destructive federal interference into our lives and interference at every step of the supply chain.
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