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To: untenured

The tax is FLAT.... There is no more IRS. There is no gaming the system. You tell me how can you game the system when the government collects 9 percent income tax, 9 pecent corporate tax and 9 percent VAT on purchased items?

I don’t see how you get a loophole in there.


52 posted on 10/12/2011 4:00:36 PM PDT by Typical_Whitey (Herman Cain is the epitomy of MLK's dream.)
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To: Typical_Whitey

It’s just a law, not a constitutional amendment. And some future Congress can change any law. Some future Congress might say that solar cells or foods that use some ingredient that just happens to be found only in Florida only pay a 6.7 percent tax, and then proceed to do that for an infinite number of other goods whose manufacturers have paid the requisite bribes.

The income tax was at its inception conceptually pretty simple too. What comes out of even the Congress that passes 999 won’t be pure 999, and the distortions over time will accumulate just as surely as they did with the income tax. Won’t they?

“Gaming the system” only happens because different treatment of different kinds of income is mandated by Congress. That would be done too with different kinds of corporate income and different types of sales under any tax system, I think. I don’t understand what’s so magical about adding a sales tax in terms of ending “gaming the system,” since it’s an irredeemably corrupt Congress that sets the rules of the game.


60 posted on 10/12/2011 7:29:48 PM PDT by untenured
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