Here comes the flat tax AGAIN! As Ive said a thousand times any talk about an economic solution to the nations problems is a waste of time if youre not going to repeal the XVI Amendment THE TAX ON INCOME. All of the babbling about creating jobs, stimulating growth, reducing the deficit, and the biggest scam of all economic equality amounts to nothing more than useful idiots spreading government propaganda. Those who advocate a flat tax are the worst of the lot:
Every time the government reforms the tax code Americans paying a tax on their incomes get buried deeper than they were before reform.
No one ever mentions it, but well-intentioned reforms can be done one at a time. I get the impression the flat-taxers are putting this one in the mix as a sop:
So how come it wasnt abolished before now? It seems to me that abolishing just one hideous deformity should be a lot easier than getting a flat tax. I wonder why Dave Camp never thought of that!
Notice that flat-taxers would scrap the code without repealing the XVI Amendment:
Junking the tax code treats a symptom while spreading the disease.
Starting over means starting over at:
Seventeen percent is a floor not a ceiling. Does anyone really believe that Congress will NOT raise that 17% to 50% or more before the ink is dry on the legislation? Does anyone really believe that Congress will pass a law against raising the 17% ceiling? Even if Congress built protection into legislation there is a good chance a president will raise the ceiling by executive order. Hell, theres a good chance the IRS will raise the tax rate on its own authority.
A flat tax does not deal with any of the evils inherent in a tax on income. Im pretty sure that generous deductions under a flat tax includes charitable deductions. Quasi-voluntary contributions to get the generous deduction is better that forced contributions, but it does not get the government out of the coerced charity business which happens to be the greatest source of evil done by a tax on income.
Finally, Ive yet to hear a flat-taxer like Steve Forbes say abolish the tax writeoff for advertising; a tax that is passed on to the rest of us in the form of higher prices on everything.
Every time the government reforms the tax code Americans paying a tax on their incomes get buried deeper than they were before reform.
No one ever mentions it, but well-intentioned reforms can be done one at a time. I get the impression the flat-taxers are putting this one in the mix as a sop:
So how come it wasnt abolished before now? It seems to me that abolishing just one hideous deformity should be a lot easier than getting a flat tax. I wonder why Dave Camp never thought of that!
Notice that flat-taxers would scrap the code without repealing the XVI Amendment:
Junking the tax code treats a symptom while spreading the disease.
Starting over means starting over at:
Seventeen percent is a floor not a ceiling. Does anyone really believe that Congress will NOT raise that 17% to 50% or more before the ink is dry on the legislation? Does anyone really believe that Congress will pass a law against raising the 17% ceiling? Even if Congress built protection into legislation there is a good chance a president will raise the ceiling by executive order. Hell, theres a good chance the IRS will raise the tax rate on its own authority.
A flat tax does not deal with any of the evils inherent in a tax on income. Im pretty sure that generous deductions under a flat tax includes charitable deductions. Quasi-voluntary contributions to get the generous deduction is better that forced contributions, but it does not get the government out of the coerced charity business which happens to be the greatest source of evil done by a tax on income.
Finally, Ive yet to hear a flat-taxer like Steve Forbes say abolish the tax writeoff for advertising; a tax that is passed on to the rest of us in the form of higher prices on everything.
