Posted on 04/24/2017 4:46:06 AM PDT by Kaslin
Tell President Trump to ask Congress to end the federal income tax so that you and I can reach our full potential for wealth.
This weekend, President Trump tweeted that a: Big TAX REFORM AND TAX REDUCTION will be announced [on] Wednesday. This is great news. However, as we go through the process of improving the tax code, we must encourage our politicians to do two things:
1.) Eliminate the unconstitutional federal income tax.
2.) Reduce hidden taxes that politicians eternally use to offset tax cuts—namely increases in federal spending.
America turns 241 years old in July. Were still a baby nation in contrast to Rome, which recently celebrated its 2,770th birthday. Now, consider that for the first 126 years of our countrys existence—which is longer than the second half of its existence—there was no such thing as a federal income tax.
How did our country thrive without income taxes for 126 years? Answer: federal spending was significantly lower than it is today. In the early 1900s, government spending accounted for roughly 7% of our GDP; today, federal spending accounts for around 35% of our GDP.
Tom Hanks and Kim Kardashian are more familiar to the average American than tax facts. One in two Americans believes that the federal government relies on personal income taxes to fund at least three quarters of its operating costs, according to a new survey by Ipsos. In reality, income taxes only fund about a third of total government spending.Most Americans, in other words, greatly overestimate the importance of income taxes. And the only reason there currently is a need for income taxes is because our country has dramatically increased overall spending. Solution: eliminate both income taxes and excessive spending.
Not Who We Are
Politicians love to slam policies that they disapprove of as: Not who we are. Well, the current tax setup in the United States is certainly not rooted in the foundation of freedom that our Founding Fathers established.
The federal income tax was implemented via the 16th Amendment to the Constitution in 1913—over 100 years after our Founders wrote the Constitution.
A heavy progressive or graduated income tax. Sounds like a simple description of the U.S. tax code, right? Yes, and its also a direct quote from Karl Marxs Communist Manifesto. Marx wrote that a progressive income tax was the second-most notable requirement for implementing the Communist revolution. Great.
Our founders understood that your first piece of private property is your body and the fruits of any labor completed through the toil of your mind and/or body are exclusively yours. All just human law is rooted in natural law (reason) and there is no natural law indicating that the government has a right to the fruits of your labor. Taxing labor is a form of extortion.
Young People: Get Involved Now
A new Census report finds that the majority of Millennials desire full-time employment by the age of 22, however, only 37% find full-time work by age 22.
Thanks to meager economic prospects and high student debt—one in three Millennials is living at home with their parents. Twelve years ago, in 2005, the majority of young people in the majority of states (35 states) lived independently in their own household, reports the New York Daily News. Today, the majority of young people live independently in only five states.
34-year-olds with masters degrees living in their parents basement and 28-year-olds with law degrees working as coffee baristas are becoming startlingly common in what should be the Land of Opportunity.
I realize that only 19% of my generation voted in the 2016 presidential election, but I entreat them to get involved in tax reform now—and demand the elimination of the federal income tax. Otherwise, even when young people do land steady employment, they will struggle to buy a home, start a family, or build a retirement fund if Uncle Sam skims increasingly higher amounts off their income in the form of taxes every year.
Congress has the ultimate power to alter our tax code, but President Trump—like presidents before him—can aim Congress in the right direction by proffering specific tax reform legislation.
Tweet at President Trump and let him know that you support his efforts at tax reform, and particularly wish to see the elimination of income taxes combined with a corresponding decrease in total government spending.
Ray, I meant to say after my opening comment about the IRS being a “cancer on the body politic” that like a cancer, the IRS needs to be completely excised FRom the body politic.
Taking a cancerous tumor out a piece at a time has never worked, and never will work - the damn things metastasize!
Let us go straight to the FAIRtax - “transitions” are dangerous, and seldom work to We the People’s advantage.
bfl-bump for later. I didn’t have time to read it then so I post to it and can go back to it when I have more time.
I did my taxes until 1998. I was called by the audit gestapo, tortured for a few months in anticipation of what they were going to take. My records were perfect and they took nothing, except the anguish, the sleep deprivation, and my time. The bitch that did the audit could find nothing. From that time I hired a CPA because of the likelihood of an audit was greatly diminished with their signature on the return. The audit threat went away, but I’ve had to pay for it.
I have 4 small farming properties in 4 counties and am retired from the higher education circus of correct politics. I know about land clearing, farming, livestock, burning wood, equipment maintenance, and living close to God’s creation. I have 6 tractors and need to sell one. Dad always said you can’t have too many tractors. I sure miss him.
More tariffs and less income taxes.
A FAIRTax plus a 20% import tariff. That’s the ticket.
Thank you for the clarification. I thought there were a number of exemptions and exceptions incorporated in said tax.
Repatriating dollars - if there were no tax on income, billions would come back.. and business would want to be headquartered here.
border-adjustable taxation - if the nrst were in place, there would be an excise on imports AND exports would leave the US without embedded tax costs.
fairness - the nrst puts the same marginal rate on everyone. Rich, poor, illegal, bald, skinny, etc. No more favoring one group over another [cough... illegals... cough]. And the prebate reduces the problem of taxing necessities
the list goes on....
Flat tax is better than what we have now - but it is still a tax on income.
Importantly, it is not border-adjustable.
Nevertheless, i’d support it over our current horrid mess.
FWIW there is already a mechanism in place for the collection of retail taxes.
The fairtax has as one of its components a mechanism to avoid individuals paying tax instead of buying necessities. It does that by "block-granting" taxes on necessity level spending.
There surely is an argument to be made here - do we want people having to pay tax instead of buy food, medicine, etc? Or do we want to exempt a certain level of spending [the same for everyone]?
Unfortunately, the IRS won’t be abolished. It will have a new job looking for black markets - folks who selling retail, but not charging the sales tax.
But it is still better than the Income tax.
Drain the swamp
and no need for any federal income or sales tax.
Control of course. Income taxes are perhaps the least efficient way to collect revenue. We come to the same conclusion - income taxes are not for revenues.
For blacks, government jobs turned into another form of welfare. And now one many consider they are deserving/entitled to.
Yes, I get that.
But too much of the employment in our country’s economy depends on the federal income tax.
I’m a huge fan of the fair tax. Yes, the one mentioned in the first video. And I hope the solution we come up with after the collapse of the U.S. government is similar to that one, assuming we have the freedom to even do anything at all.
Tax accountants/CPAs rely on the government. Company accountants rely on the company doing well to keep them employed.
Company accountants rely on the company doing well to keep them employed.
And if the Federal tax system was abolished, it would decimate their career path. Same with the tax attorneys.
And they have a strong lobby.
It would take catastrophic changes to our country happening in an extremely short time frame to see any real change to the tax system. Any change to do away with it will not be voluntary.
I've talked to dozens of accountants in the 30 years I've been involved in this struggle and virtually all of them resent having to be paper shufflers for the IRS. They would much prefer to assist their clients in cost control and more efficiencies in their businesses so as to become more competitive in the marketplace.
And, speaking of INEFFICIENCIES, SEE BELOW.
These are 1994 numbers. They are even worse today.
As of 1994, we YOU AND I wasted an ANNUAL 10.2 BILLION MANHOURS more than we devoted to producing every car, truck and van in this country -- shuffling paper for the IRS and complying with income tax regulations. That 10.2 billion man hour figure was just revised upward by James L. Payne, Director of Lytton Research and Analysis. THE FAIR TAX WILL ELIMINATE VIRTUALLY ALL OF THAT WASTED MANPOWER.
As of 1994, we YOU AND I annually wasted over $600 BILLION in scarce financial resources complying with an incomprehensible, mind‑numbing and Byzantine income tax code, making the tax system THE MOST EXPENSIVE GOVERNMENT PROGRAM of allTHE ULTIMATE UNFUNDED MANDATE! THE FAIR TAX WILL ELIMINATE VIRTUALLY ALL OF THAT WASTE AS WELL.
Imagine what those resources could do for the U.S. economy if they were turned loose for real, productive activities?
And for those who argue that the FAIR TAX would require an IRS bigger and badder than is now the case (as difficult as that is to imagine!) to collect the FAIR TAX, their argument is BOGUS! 45 states already collect state sales taxes: It would be a relatively simple matter to have the states collect the FAIR TAX as well. The added burden on businesses to collect the FAIR TAX? An extra line on the current state form or ‑‑ as is more likely the case in todays computerized world ‑‑ a minor software change! Businesses and the states would be compensated for their collection/reporting activities. States not having their own sales tax divisions would have the option of contracting with a neighboring sales tax state to handle collection/reporting functions or the feds would handle the processadmittedly, given recent history with the IRS, the least desirable alternative.
Under the FAIR TAX, the present IRS would be disbanded and a new, much smaller FAIR TAX collection office would be established directly under the Secretary of Treasury. Since this new agency will NOT have to deal with 100 million individual taxpayers and 20 million businesses but only with the 45 to 50 state collection agencies, the entire federal end could be run by a few hundred folks. It might take perhaps 200 field agents (4 per state) to work with the state revenue offices to be certain they arent cooking the books or playing games with the feds piece of the action + additional for those non‑sales tax states foolhardy enough to allow the feds to have their way with their businessmen. Perhaps another 100 more in the main office to run the computers and post deposits, make coffee, run out for the donuts, etc.
How about tracking payments and money received? Products sold and inventory?
Sounds intrusive.
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