The lobbyists from Turbotax and from the IRS union will make sure that the tax system never gets any less complicated or intrusive.
Is Lois Lerner in prison yet? Weaponized against the citizens. LOCK THEM ALL UP.
I’m always drawn to these threads. I’m a tax professional for over 25 years. The code has existed my entire lifetime so I’ll say I’m not sure it’s productive or economically responsible to ditch it. That notwithstanding, lobbying efforts from S&L Governments, lobbying firms, corporations, unions, trade unions, professional associations, etc.. have made it way too complex for individuals.
I’d do away with the filing of tax returns. I’d let the IRS bill citizens. This is how.
You eliminate all exemptions, deductions, etc.. everything. You lower the tax rates to the effective rate people are paying now net of their deductions at each and every bracket.
Tax wages, interest and dividends at normal rates. Tax capital gains and capital gain dist. at reduced capital gain rates. Tax any other financial instrument as an item of “intangible income” at the normal income rates. All of this information is already reported to the IRS.
Wait for you bill and pay. If you can forecast your taxes well enough, the only balance due or refund owed to you should be a function of your non W-2 income.
This would keep the IRS employed (what lobbyists want) and greatly reduce the burden on the average US taxpayer.
Alas, it’ll never happen
Sorry folks, you’re looking at it backwards.
First thing: Cut out ALL non-Constitutional spending.
Cut out ALL Federal functions not explicitly outlined in the Constitution.
Only then can we find out what the bill is for services rendered, and THEN equally apportion it among the people.
The gov’t (any gov’t, anywhere) giving up a source of revenue? Yeah, good luck with that.
Even a simple flat rate system of say 10% for everyone, no deductions, etc. etc. is just a pipe dream. The whole “tax industry” would collapse, and they will simply not allow that to happen.
Abolish Slavery, Repeal the 16th Amendment
Here we go again. Que the flat tax folks as well.
As much as I hate the IRS and the income tax I can’t agree with the Fair
I can not consent to involuntary servitude, even to the government.
Forcing merchants as a condition to their business license to collect taxes for the Federal government is in my mind slavery and making them involuntary accomplices to theft.
I know of more than one merchant that fell behind on submitting his check to the state for sales taxes. One went to jail the other took his own life.
The IRS auditors are evil and so are the State Sales tax auditors.
I would much prefer a flat tax that requires the individual to write a monthly check to the government.
This would keep it at the forefront of each individual’s mind the cost of government.
It would also keep it in the minds of every Politian’s that the people of this country are constantly being reminded of the cost of their vote buying.
Amend the Constitution by eliminating the 16th amendment.
Then eliminate the 17th amendment.
It would virtually eliminate democrats.
5.56mm
Chunk the ATF too.
no.. liberals love to be taxed... I say lets tax THEM more, and US less!
Just another lie to the voters from “conservative” republican officials. They had complete power and did not even mention the fair tax.
Eliminate the child tax credit. Especially with all the illegals flooding into the country to take advantage of that kind of freebie.
Maybe in Trump’s second term.
Will never happen. It was started not to collect taxes, but to put its iron vise around the neck of every American. It has done nothing but tighten ever since.
FYI darling.
Seems right up your alley. :)
Just about nothing that is wrong in thous nation will ever really be fixed.
I have not seen any real improvement in my nearly 7 decades. Things only get progressively worse. Sure it ebbs and flow but the overall trend is worse conditions and more expensive and oppressive gubment.
With the Trump tax “cuts” my taxes actually went up because I lost more than half of my deductions. 24K doesn’t cover it. Not nearly. Who got hammered? The upper middle class. AGAIN.
Income fasteners to go. IRS can’t go but needs to be down sized.
Patriolt and martyr, Irwin Schiff, paid with his life for telling the straight dope on this phony, albeit illegal tax.
10% flat tax from the first dollar. No exemptions. No deductions. No credits. No excuses. Put all the IRS employees on the unemployment role.