Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
Gray Ghost wrote in
. 97.142:
RD Sandman wrote in
:
There is a method in that Fair Tax for taking the regression out of
it just like there is in my flat income proposal. You need to read a
little further than just the first sentence.
FWIW at least the flat tax could be adminstratively simpl, still to
much personal information turned over to the fed, face it they will
still "have" to know what you made so they can tell if youlied on your
postcard.
They already know based on information sent in and added to your W2 or
your 1099.
But the cluster**** involved in the VAT, adminstering it with the
exceptions and "prebates" for low earners is just another giant
government program waiting to spin out of control.
Although that is the only deduction or exception to it. .....currently.
There is no tax program that Congress can't **** up over time.
And you'd still
have to declare income to know if you qualified for the "prebates".
never mind the sliding scale bull****.
No, it isn't based on income. It is based on number of adults, one or
two, in the home (think parents) and the number of dependents (think kids
or grandparents, etc..)
If i had to choose I would go with the flat tax as being more honest
and open.
As would I. None of it is hidden from view whereas with the Fair Tax,
you really have no way of knowing just what is in it.
With no real deductions the tax preparer leechs would have
to get productive work, the IRS could be reduced considerably
Field offices and all those folks could simply go away and find
meaningful work somewhere.
and then
we vould really debate how much the government "needs" and why. Now
everyone scrambles for and whines about deductions, perfect for the
politicians as an evasion for the real question.
Yep.
We're to busy arguing about HOW we're being bled then why.
Then that would be the next problem to work on.......over spending.
--
Sleep well tonight....RD (The Sandman)
If you woke up this morning....
Don't complain.
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