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To: BaghdadBarney
THe 16th doesn't have to be repealed first - but it should be repealed for sure. But don't let that hangup keep you from learning more about the nrst.

HR2525 implements significant barriers to the possibility of having a sales tax with an income tax. By the way, these barriers do NOT exist today...meaning that the gov't could, overnight, implement a sales tax on top of our existing income tax....yikes!

By passing HR2525, we would:,
defund the irs
destroy all existing income tax records save those of delinquents
erase 100% of the income tax code
eliminate paycheck withholding
eliminate payroll tax

Even without abolishing the 16th first, we become safer from having both by passing the nrst. After all, how difficult would it be to re-institute an income tax after defunding the IRS, after destroying ALL income tax records, after allowing all of us to receive 100% of our paycheck free of federal deductions? And an entirely new income tax code would have to be re-written.

Those safeguards do not currently exist - it would make us safer to pass the nrst in that regard.

457 posted on 11/06/2002 6:09:51 PM PST by Principled
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To: Principled
Many years ago I was a computer salesman for a major company. Our commission structure was as follows. 6% for the first 100K in sales, 4% for 100-200k, then 2% for all sales over 200K in a calendar year. This wasn't working out that well, so the company reversed the structure. Now, all sales over 200K went UP to a 6% commission. BOOM! Lots more sales! Suddenly, all my fellow salesman were pounding a lot more pavement towards the end of the year. Whereas, in the original structure, the last few months of each year saw us getting lazy because we would delay the business until the start of the new year to get the higher commission. My point here is...What do you think would happen if we did the same restructuring with income tax rates? I think my company was a microcosm of the success that could be attained if tax rates WENT DOWN as your income went UP!
459 posted on 11/06/2002 6:12:06 PM PST by Ronaldus Magnus Reagan
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