Where are the alternative ideas for taxes? I am dead set against the current tax code and this new tax proposal. It is just more of the same. But Republicans don’t talk about reforming the tax code and fiscal policy in general. Sure they will cut taxes. But cutting taxes is not true tax reform. They never cut government - that’s the other side of the revenue problem. How about this? A tax code that requires everyone to pay the same rate. Requires zero filing by individuals. Provides the same rules for all businesses, large and small. Allows businesses to prepare their taxes in 15 minutes and without the aid of a tax accountant and tax attorney. Lastly, simply cut government by 80%. Get rid of it.
“Where are the alternative ideas for taxes? I am dead set against the current tax code and this new tax proposal. It is just more of the same. But Republicans don’t talk about reforming the tax code and fiscal policy in general. Sure they will cut taxes. But cutting taxes is not true tax reform. They never cut government - that’s the other side of the revenue problem. How about this? A tax code that requires everyone to pay the same rate. Requires zero filing by individuals. Provides the same rules for all businesses, large and small. Allows businesses to prepare their taxes in 15 minutes and without the aid of a tax accountant and tax attorney. Lastly, simply cut government by 80%. Get rid of it.”
If employer income tax withholding was eliminated, and everyone had to write a check every year for their income taxes, there would be big changes, very quickly, in our tax code. And in our government.