A
Al_Masetti
Guest
We would have greater transparency if we replaced all of the income taxes and payroll taxes and inheritance taxes with the Fair Tax (retail sales tax plus prebate ).Tax cuts would grow revenue through a growing economy if they were directed at keeping jobs here instead of throwing them all overseas. I agree with the notion of targeted tax cuts. If you use them to create jobs in the US you get to keep them. If you create jobs overseas then you lose them. This way the cycle stays here. Otherwise you will have people here on the unemployment line with no way to pay the benefits because the money has all gone abroad.
With the retail sales tax and no more 67000 pages of incomprehensible tax rules and regulations, there would no longer be any incentive for corporations to send jobs overseas.
Visit www.fairtax.org and www.boortz.com
www.atr.org
At the same time, every government budget can be posted onto the internet … Texas and Alaska and other states are already leading the way.
booktv.org/program.aspx?P…P layMedia=No
I played with the booktv.org web site and got a direct link to the Fair Tax presentation.
The whole idea is to introduce transparency.
In other words, government can grow big (and has grown big) by using hidden taxes. However, if government funding is transparent then we will know exactly how much they are taking from us.
Arguably, the U.S Tax Code is the most onerous on the planet and penalizes everyone, rich (who generate the jobs) and the poor (who fill the jobs), alike.
Today is April 15th, income tax filing day in the United States.
Some cynical people (perhaps realistic people) have suggested that April 15th was chosen as income tax filing day because it is as far away from the voting day as humanly possible. That way voters won’t remember the pain of having to fill out all those tax forms. And dealing with all of the ambiguities and poorly written instructions.
Can you imagine … if the tax forms had to be filed on November 4th … voting day. You show up at the polling place, give them your tax forms, and then vote.
Another reason why taxes are so high is because of withholding.
Withholding was introduced to finance World War 2. It should have been eliminated when the war ended in 1945. But instead … because withholding made taxes appear to be “painless”, it was retained.
And now, the taxation system has degenerated to the point that we now “feel” that if we get a refund, the government is giving us money. In fact, it means we got so totally ripped off by the government during the year, that they had to give us back some small portion of our tax money.
So, check out the Fair Tax presentation. And the Boortz and Linder Web sites.
and also www.atr.org where they discuss transparency.
Grover Norquist also made a BookTV presentation on that issue and wrote a book on it.
Here is Norquist’s presentation on his book: “Leave Us Alone”
booktv.org/program.aspx?P…P layMedia=No