[spokeshave]

Scrap the IRS but have a single low low rate like in Russia. and a postcard size form to complete.

NOT a "sales tax" try 17% or more on EVERY transaction from raw materials to consumer....why you think Europe is stagnating (VAT on everything)

[BlkConserv]

The NRST is NOT a VAT....do your homework and read some of the NRST threads. They contain a wealth of information.

Besides, our current income tax started out as a flax tax....20 years later it'll be the IRS over again if it's repealed now.

[lelio]

Scrap the IRS but have a single low low rate like in Russia. and a postcard size form to complete.
The only problem I have with that is what *exactly* is "income"? What about those losses you had on stocks, doesn't that take away from it? Interest on your mortgage?
I wouldn't mind if the IRS expanded so that they could personally look at more records. I'm in favor of a flatter income tax, but not if Mr Rich Guy That Can Pay a Lawyer gets off w/o paying a dime.

[ConservativeDude]

everyone should check out www.fairtax.org.

then come back armed with facts as to what the most serious proposal on the table really in fact is.

I believe unlike a VAT (which is among other things invisible and at multiple levels), the national consumption tax is at the final point of consumption.

Want a tax cut? Consume less.

Want religious freedom back? Get rid of the IRS.

ETC., ETC.

[Dead Dog]

My understanding is that the NRST does not tax a product until it is retailed to the public. All process such as shipping, production, and the purchasing of materials and components are untaxed. This is why they claim a 20% reduction in the cost of goods.

The income tax, however, does tax every step in production and is in a sense similar to the VAT.

[Ditto]

NOT a "sales tax" try 17% or more on EVERY transaction from raw materials to consumer...

WRONG. Read the bill. It is only on the final retail sale. IT IS NOT A VAT! The current corporate income tax operates like a VAT because each supplier in the chain must include the cost of taxes in the price of his product. The net effect is a hidden income tax of 20-30 percent in the cost of every American made product we buy.

BTW --- The NRST will drive the EURO wennies crazy because US products made for export will be 20-30% cheeper than they are now.

[demlosers]

NOT a "sales tax" try 17% or more on EVERY transaction from raw materials to consumer....why you think Europe is stagnating (VAT on everything)

But those socialist govs also have an income tax. A double whammy!

[carenot]

Scrap the IRS but have a single low low rate like in Russia. and a postcard size form to complete.

I'd rather not file anything.

NOT a "sales tax" try 17% or more on EVERY transaction from raw materials to consumer....why you think Europe is stagnating (VAT on everything)

Nope. Try being taxed one time at retail. And the store gets paid for collecting.

Only new stuff is taxed.

Buy a used house, no tax. Buy a used car, no tax.

Prebates to poverty level so poor folk don't pay it. Nor do the rich folk, but only to poverty level. Bill Gates and all rich folk can have the prebate every month.

And IRS's records are shredded and they can go to work for Border Patrol!

[weikel]

The NRST is not a VAT( a VAT is a horrible tax worse than the income tax) the NRST is only levied at the retail level.

[#3Fan]

Scrap the IRS but have a single low low rate like in Russia. and a postcard size form to complete. NOT a "sales tax" try 17% or more on EVERY transaction from raw materials to consumer....why you think Europe is stagnating (VAT on everything)

I agree. A low flat income tax is the way to go. But a NRST is better than what we have now.

[CliffC]

Hi spokeshave

You wrote: Scrap the IRS but have a single low low rate like in Russia. and a postcard size form to complete.

That describes the Steve Forbes/Dick Armey HR 1040 "Flat(Income)Tax"

Not good! Visit Armey Sez! and you'll see what I mean.

Cliff Cofer - State Director, AFFT Iowa Volunteer Team

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Bye, bye... Income Tax (and IRS)! We won't miss ya' at all!

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[Mikey]

"Scrap the IRS but have a single low low rate like in Russia. and a postcard size form to complete."

A form, are you nuts. H.R. 2525 is the way to go. The hell with any forms. First it'll start with a post card size form, than in a couple of years or so it'll be 40,000 plus pages and a few zillion forms.

SCRAP THE CODE, ABOLISH THE IRS

H.R. 2525