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End the income tax on individualsGet Rating Widget!

Overall Rating:3.20 based on 10 ratings
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SZinHonshu (44)
08/19/2005
Almost. Institute a flat tax of 5% on individuals and 7.5% on businesses/corporations. That would be much closer to what the framers of the Constitution envisioned. Allow education and welfare to be handled by churches, charitable organizations and private industry. Tariffs on incoming products would be implemented to produce the remaining funds that would be funneled to a dramatically downsized federal government; it would concentrate on the purpose it was largely designed for, specifically, organizing and providing a military. It would be out of the business of education, health care, social security and other manner of social engineering experiments. Of course all of this would result in Americans having to accept greater (gasp!) p-p-p-personal responsibility for themselves.

  (4 voted this helpful, 0 funny and 0 agree)
numbah16tdhaha (147)
09/29/2004
Good idea. Now we can pay everyone in monopoly money, too, right?

  (4 voted this helpful, 0 funny and 0 agree)
JonTheMan (27)
09/17/2004
Not a good idea. Consumption would fall with the resulting rising prices from a vast sales tax and the economy would stagnate. Why penalize the consumer!? Goods are made to be consumed! The 400 wealthiest make 90% of their income not on labour income (actual work done) but on capital income (money recieved by virtue of ownership, which by definition is not earned). For all the talk of progressive taxation penalizing initiative it would seem that in reality a flatter tax penalizes people for working!

  (0 voted this helpful, 0 funny and 0 agree)
LanceRoxas (40)
09/16/2004
Totally agree! Repeal the 16th amendment and pass a national sales tax. Necessary products particularly those needed by the less fortunate would be untaxed to alleviate any tax burden for them. It would eliminate the punishment for being successful and motivate people to become part of the investment class- a truly supply-side system. Not to mention it would simplify the tax process and weaken the ablility politicians have to manipulate the system.

  (3 voted this helpful, 0 funny and 0 agree)
jamestkirk (23)
09/10/2004
Are you suggesting a far higher sales tax and property taxes?

  (1 voted this helpful, 0 funny and 0 agree)
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