Right. As soon as "the poor" have to pay a 10% tax on that $20,000, their welfare check will increase by 10% to compensate.
Then the Rats get power and raise it to 50%
“A FLAT TAX NEVER STAYS FLAT”.
There’s a new session of Congress every 2 years and they always have power under the 16th amendment to tinker with the income tax code.
Since 1861, there have been 5 flat taxes enacted (most unconstitutional and later struck down by the US Supreme Court).
Each of the 5 historical flat taxes were enacted at low rates of 1$ with no deductions. The subsequent sessions made the rates and deductions grow.
This offer of 0-10-100 (obvious borrowing on Cain’s gimmick of 9-9-9) is no solution.
The solution is HR 25 (https://www.govtrack.us/congress/bills/113/hr25/text).
If you love your country and know how important lasting tax reform is to it, study the following:
10% is at least 10 times too much.
No thanks. Income taxes are slavery. The current income tax was supposed to only be a few percent and only “on the rich”. Now look at you, 10% to everybody.
Income taxes are theft.
0-10-100; nine, nine, nine, where have I heard that before?
Employ the KISS (Keep It Simple Stupid) principle. Simply tax consumption (retail sales tax) and not income. No deductions, no exemptions. You buy a hamburger at McDonald’s you pay tax. You go to Wal-Mart and buy a coat you pay tax. And so on. Simple and straight forward. No filing on April 15th. No records to keep. No income to report. No IRS involvement in your personal life. Alas, it’s too simple. A pipe dream. The government will never relinquish their control over the people. Oh well.
Why corporations?
Another simple idea. The federal government could simply send a tax bill to each of the states. The amount of taxes owed by each state would be apportioned based on its population just as the number of representatives is determined. It would be up to the various states to decide how to generate the revenue necessary to cover their tax liability. Again, too simple. Feds don’t want to relinquish their control over the people. Feds want to continue their constant social engineering via the IRS.
No, NO, no, HELL no...You get the idea.
The flat tax is still a non-starter to me
1) Does NOT cover 100%. The ‘poor’, the ‘illegal’, the ‘retired’, they still use services but don’t pay.
2) It is still UN-voluntary. IE: a slavery tax.
3) Still flies in the face of the Takings Clause
Instead, a national sales tax (at the end-point of sale...nothing on the in-between) of say 10% for all original purchases (no resale, no used, etc.). The total being noted on each and every receipt. It should also be paid from biz, to the State, to the Fed.
1) Covers 100% of the People.
2) 100% of the paycheck. No SS, no FICA
3) No exemptions, no deductions
4) Anything more is still feeding the unconstitutional size of gov’t
5) Builds up self-reliance, bartering of goods/skills/services
6) Builds more re-use (cut down on our ‘just toss it’ mentality)
7) Any ‘increase’ will be met with the watchful eye of more of the electorate, as all have ‘skin in the game’
8) Biz compliance for employees goes WAY down
9) Compliance already built into the current system (sales receipts)
10) Since States are the final ‘payer’, there is no ‘tracking/etc.’ to get more $$ from the end-user. Any shenanigans by the Fed., the State shall/will with-hold payment up the chain.
Go back to the founding of the USA. I would prefer tariffs and sales taxes over income taxes. Repeal the 16th now.
Almost, 0-9%-100, with a permanent ban on double digit taxation.