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I know the sales tax concept is an alternative to the flat tax concept, but It just doesn't sit right with me to tax goods in such a fashion. It's a penalty for purchasing which ultimately I don't think would be good economically. One would never know what level of tax one is paying either.
Flat tax. No deductions.No IRS. Just take a percentage off the top and be done with it.
And while we've gotten rid of the IRS, let's get rid of the SSA as well. Another over bloated gov agency that takes a substantial part of the tax it collects just to keep itself alive.
Simplicity. A governmental oxymoron.
I'm finished. Thanks for listening.
In a message dated 8/13/04 9:28:20 PM Eastern Daylight Time, clydelee@xxxxxxxxxxxx writes:
If you really wanted a FAIR tax then consider this:
On every transaction in which value was exchanged
(purchase of goods, purchase of stocks, purchase of homes,
anything you might dream of) there would be a very small
tax based on a percentage of the dollar value of the transaction.
Simply take the GDP and find out what % of that would be
required to generate the equivalent of our current taxes and
suddenly we would see FAIRNESS in taxes as a function of
those capable of paying taxes.
This would simplify the collection -- % of gross sales -- and
reduce the IRS audit problems to almost nothing. No exemptions,
no alternate minimum tax, no BS, just a simple method of
supporting our incessant desire for Government intervention
in all aspects of our life.
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