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Ted Cruz's Best Idea Yet: Reform Taxes And Abolish IRS
Investor's Business Daily ^ | January 15, 2015 | Editorial Staff

Posted on 01/15/2015 7:13:15 PM PST by 2ndDivisionVet

Tax Reform: Texas Sen. Ted Cruz, a possible Republican presidential candidate in 2016, might have hit on the most important fiscal issue facing the U.S.: the need for major tax reform. But he takes it a step further.

Speaking Monday, the senator from Texas threw another thunderbolt: Republicans should use their control of Congress to get rid of the Internal Revenue Service.

"We need to pass fundamental tax reform making our tax code simpler, flatter, fairer," he told a crowd at a Heritage Foundation event. "And I'll tell you, the single most important tax reform, we should abolish the IRS."

It's not as radical as it sounds.

In recent years, the IRS has become overtly political, or "weaponized," as Cruz puts it. The IRS scandal, in which it "slow-walked" applications by Tea Party and other conservative groups to deny them nontax status during the 2012 presidential race, is but one example.

Its 110,000-person workforce has become a silent army working on behalf of progressive causes.

That, in itself, is bad enough. But as the Americans for Tax Reform point out in a recent blog post on their website, unless his agency gets more money, "IRS Commissioner John Koskinen has threatened delayed refunds, long call-wait times, the specter of identity theft, and now, no-show days for IRS employees."(continued)

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government; US: Texas
KEYWORDS: 114th; 2016election; cruz; election2016; fairtax; flattax; internalrevenue; irs; johnkoskine; johnkoskinen; taxes; tedcruz; texas
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To: 2ndDivisionVet

Ted Cruz - ON TARGET!


41 posted on 01/16/2015 9:00:40 AM PST by TADSLOS (The Event Horizon has come and gone. Buckle up and hang on.)
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To: SoConPubbie

CRUZ

B U M P


42 posted on 01/16/2015 9:10:28 AM PST by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: TADSLOS
Once again, Sen. Ted Cruz leads and takes the high ground.
After his highly successful filibuster lead to Republican across the board victories in the 2014 elections, he is now staking out specific positions on major issues.
The income tax is a failed policy. A tax on consumption rather than success in earnings is preferable.
Sen. Ted Cruz is starting to live in the heads of the Obama stooges.
TWB
43 posted on 01/16/2015 9:24:01 AM PST by TWhiteBear (Sarah Palin, the Flame of the North)
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To: pepsionice
I don't care if “that's the way we've always done it” and if you think “we can't get past” it

We have to do it.

There is so much wrong with the “Fair Tax” starting with it's Orwellian name. there is nothing ‘fair’ about taxing 33% of everything you buy.

There is also the deceptive “tax inclusive” price- you get the final price- they don't show you the price, and then the price plus tax- like they do not with sales tax. Because people would FREAK OUT at buying a $99 item and having to fork over $130 for it.

In addition, the “tax-inclusive” rate at 27% is really closer to 33% when you use the normal way of calculating sales tax- it is deceptive lower.

You cannot calculate “tax inclusive” tax amount in your head. And I guarantee they won't break it out for you on the receipt. (see two paragraphs back)

and last but NOT least- The “pre-bates” in the fair tax are the main killer for me.

Every politician in the world will be scrambling to promise a bigger and bigger pre-bate, every election.

The flat tax's beauty is its simplicity.

Your tax form would be two lines:
1) how much did you make
2) send us 10% of that.

no deductions, no special interest groups favored with tax breaks, everyone pays the exact same rate. Let's see the libtards TRY to say its unfair that someone who makes 10 times as much as you pays 10 times as much tax (and not 100 times)

44 posted on 01/16/2015 1:01:47 PM PST by Mr. K (Palin/Cruz 2016)
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To: 2ndDivisionVet

IMHO, the number one reason the “Fair Tax” will never be implemented: you cannot explain it in an understandable way to LIVs in less than 30 seconds. Any more time than and they’ll lose interest. Such is America today. They’ll really loose attention when You explain the pre-bate.

The “Flat Tax,” on the other hand is super simple and can be explained in less than 15 seconds. To borrow from Mr. K in reply number 44:

1) how much did you make
2) send us 10% of that.


45 posted on 01/16/2015 4:03:29 PM PST by upchuck (Entrenched incumbency is the disease. Fresh blood is the cure.)
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