Posted: 5/16/2006 9:34:19 PM EDT
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Tax reform idea..... As follows. A national $.04 cent sales tax on items purchased to be collected at point of sale by business and routed to treasury. Repealed Income Tax Social Security Gas tax Excise/vice taxes repealed on Alcohol, Tobacco, and Firearms. NFA Tax Death/Estate Tax Capitol Gains/Dividends/ gains from investment All subsidies Agrarian and industry subsidies Exemptions on Home purchase/Mortgage and Fuels only. No tax return No income exemption IRS dissolved Legislation will also compel States to voluntarily repeal property taxes. Non essential agencies such as the FCC to be folded pending availability of funds. Ideally a real reach, NFA and GCA repealed BATFE dissolved. |
I would be unconsolable for .03 seconds. So you all think it is too simple? It would make tax hikes political suicide in the absence of funds after military and commerce they will likely not have the money to run many agencies, also cost savings on collection and no tax return process would be immense. |
Novel idea would be actual Capitolism. Let the caommunications industry regulate and advance themselves unhindered. Also if you do not like thew content do not watch or listen, I assure you most will not offend thier consumer base. Civilization will not end because Rush said the F-Word. |
| You're more or less quoting The Fair Tax Book by Neil Boortz and John Linder. |
Have you seen HR25???? Watered down misguided shit and it does not repeal most of what I suggested. It may not be what Boortz intended but you do not change the outcome by moving the deckchairs around on the Titanic. $0.23 on the dollar with no Vice, Fuel, or Dividends tax repeals WTF? Hell no!!! |
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Couldn't an industry standard be set by the copmpanies in it, seems simpler and it costs $0 tax money. Industry can self-evolve and regulate themselves and odds are cheaper and more effectively without Gov involvement. |
Keeping the broadcast freq. organized good, any thing else is moral high horse bullshit |
See above. |
| This idea has been around for a bit, it's sometime referred to as a "National Sales Tax" or a "Fair Tax." Link |
$0.23 is too damn high and the rebate idea is just stupid, just take less. |
The rebate is there so that the tax doesn't heavily impact those below the poverty level. |
Hence disolving agencies. Wouldn't you rather have our economy bolstered by consumer spending instead of Gov spending? If taxes are low people spend more, if personal income rises people spend more, if investment is tax exempt people will invest more, and lastlyu without subsidies prices on subsidized goods will drop and exports will grow exponentially. My own personal belief is the gov should provide military, help slightly with police and schooling, and provide means of commerce i.e. roads and ports, thats it the rest is bullshit waste. |
It would almost certainly employ millions of gov employees needlessly too. You cut expenditure by cutting cost of doing business and maximizing intake. I am in a lower income level and I do not think anyone should be tax exempt I just think taxes should not be high and our Gov should be less wasteful. |
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Never liked the idea of a sales tax, and here's why: I won't notice $.04 on every dollar, or $.05 two years later when they raise it a penny, or a year after that when they raise another $.02...... But, if every Apr 15th I had to write the .gov a check for $7000 for my flat tax, I would DAMN sure be screaming to my Congresscritters that they better control spending, and I'd do it every year. I'd also move election day to the Tuesday after April 15th. |
Tax hikes would be political suicide unless something is gained for instance (not advocating) A $0.2 increase for socialized health care. |
