Quote:
Originally Posted by Guest
I can tell you some taxes that need to be cut. Death taxes, inheritance taxes, and personnel gains tax. why all this money taxes have be paid on, but the lawyer, and the tax codes allows the rich and fed/state gov. To steal personnel wealth form those that not in the loop. Deduction are rich welfare and since tax was invented was to steal from the common people.
Flat tax gets ride of the deduction that allow billionaire to pay less taxes than their Secretaries. Time to get ride all the privilege tax cheaters and the system create nonsense business like need to have somebody to prepare taxes due to the thousands of pages of tax codes.
The federal government should not be allowed to spend more than it takes in.
Good example is the present regime. Raised taxes and still can't spend within the intake. The government has failed the people and should be ran out ot town on rail WITH NO Benifits due to failure.  |
Just the opposite. That billionaire paid less taxes(on the present system) on his salary because he didn't have a salary. A flat tax would mean that he would pay, say 15% of his earnings and she would pay 15% of her earnings. Now, you do the math.
The best way to get rid of any cheating (and that's iffie) is to go to get rid of income tax and go to a federal sales tax. Then, you would only pay taxes on luxuries such as cars, boats, eating out, liquor, clothes, etc. If you wanted to save money in a bank and accrue interest, then you could without paying taxes on the interest. If a billionaire wanted to buy a car, he would pay sales taxes on it. No more cheating on your income tax. No more tax fraud.