Not good enough.
Repeal the 16th Amendment. I you donât, the âprogressiveâ tax structure will coming roaring back.
Too Right. I'd like to see the NRST adopted instead. The biggest problem with simply rolling back the rates is that it doesn't get rid of the power of the IRS one bit. They will still be demanding that you submit your papers to them in violation of the 4th and 5th amendments.
The original income tax as established in 1913 was quite a bit lower than 10%. If you'd told someone back then that the rate would soon be more than 10%, they'd have laughed at you and called you a paranoid or worse. Here's the original 1040 form and instructions for the 1913.
Overall, not that steep a grade, but it put in place the monster that the IRS has become, because it requires you to keep track of your income and and qualifying deductions, and submit documentation of same to the government under penalty of perjury.
All of that is, IMO, evil. What we need is a NSRT. The government already has all of the mechanism in place to collect a national sales tax. Not one single drone has to be hired to implement this, because it's basically just expanding a tax that already exists. Just about every other part of the IRS, however, can be completely dissolved. It is in this way that we can get out from underneath their thumbs without having to resort to hemp neckties.
Those who wanted to insert a prohibition, right in the 16th Amendment, on the tax’s exceeding 10% were laughed to scorn. It would never, never, NEVER get that high!!! How dare you even SUGGEST that anyone would propose a 10% tax????? It was 70% just several years later.
I’d love a NRST, at a MUCH lower rate than the Fair Tax’s 22%.
Now, there should be NO reason for the plethora of IRS that currently exists...just change the structure of ‘payment’:
Fed <- State <- Biz <- Customer
The framework exists already and it leaves the watchful eye of the People closer to home, where it should be.