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Scrap the Income Tax Code?

Leasheryn/Lady Willpower 2012/08/17 00:16:16
Yes, abolish the tax code
No, keep the current system but simplify it and eliminate deductions and exemptions
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Do you support scrapping our current income tax code and replacing it with an entirely different system, such as a national sales tax or a flat tax?

Yes, abolish the tax code

No, keep the current system but simplify it and eliminate deductions and exemptions

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  • DDogbreath John Hall 2012/08/17 15:42:15
    DDogbreath
    +2
    WTF are you talking about? Why don't you scroll up and see the answer it is not needed. You have been duped.
  • Adakin ... John Hall 2012/08/17 02:04:14
    Adakin Valorem
    John, we've already tried a version of a "flat" tax.

    Reagan's Tax Reform Act of 1986 effectively was a flat tax, which lowered the numerous staggard rates from a top bracket of 70% down to three flat simple rates of 7%, 15% and 28% and abolished over 90% of all deductions and loopholes.

    Here we are a quarter century later and Reagan's simple TRA'86 has ballooned into the massive draconian 70,000+ page system we have now.

    The FairTax would abolish the tax code completely, abolish the IRS and mandate a sunset on the 16th Amendment so we don't have a repeat of what happened to Reagan's plan.

    Support the SIX DOZEN congresscritters that cosponsored the FairTax!

    thanks, AV
  • John Hall Adakin ... 2012/08/17 13:05:58
    John Hall
    +1
    But what I said was right one or the other it needs to be fixed .
  • Adakin ... John Hall 2012/08/17 17:14:33
    Adakin Valorem
    Yes, either one is better than what we have. But if we are going to expend the effort that is required to mandate reform, why not choose the BEST tax reform proposal? In my opinion, that would be the FairTax. and it appears that opinion is shared by more than six dozen bipartisan cosponsoring congresscritters, especially given that the Flat Tax bill (HR-1040) only has approx. 9 cosponsors

    Thanks for your interest, AV

    Please call your congress rep and ask them to cosponsor HR-25, or find a candidate to run against him that will.
  • John Hall Adakin ... 2012/08/17 17:19:30
    John Hall
    +1
    Agree and thanks for the info .
  • CHUCK 2012/08/17 01:40:03
    Yes, abolish the tax code
    CHUCK
    +5
    THE SOONER THE BETTER..
  • Leasher... CHUCK 2012/08/18 00:42:28
    Leasheryn/Lady Willpower
    +2
    Agreed
  • Red Branch 2012/08/17 01:38:38
    Yes, abolish the tax code
    Red Branch
    +2
    But not before something workable is in place.
  • DeeB Red Branch 2012/08/17 16:54:51
    DeeB
    +1
    Ya, like nothing. Look above at DDogbreaths post.
  • Red Branch DeeB 2012/08/17 17:01:00
    Red Branch
    +1
    I had read that and I have said most of that before.

    However, govts do need money to fund their operations. Interest on the debt is a bill that must be repaid or the world economy collapses.
  • DeeB Red Branch 2012/08/17 18:12:30
    DeeB
    +1
    Hate to tell you this, but it is about to. And maybe it needs to.
  • Red Branch DeeB 2012/08/19 05:12:47
    Red Branch
    +1
    I am aware of that. But it is not a given and it does not need to.
  • DeeB Red Branch 2012/08/19 11:46:50
    DeeB
    So what's the answer then?
  • Red Branch DeeB 2012/08/25 02:26:12
    Red Branch
    If I had the answer I wouldn't be sitting here. I would be out and about earning major consultation fees and saving the world or at least the US.
  • DeeB Red Branch 2012/08/25 18:28:15
    DeeB
    Personally, I think it is the best way to rid ourselves of all the psychopaths and start completely over. But that's just me.
  • Nancy~PWCM~JLA~POTL 2012/08/17 01:36:03
    Yes, abolish the tax code
    Nancy~PWCM~JLA~POTL
    +4
    It is too convoluted and offers too many outs for many. Flat tax based on income would solve that problem but quick
  • Leasher... Nancy~P... 2012/08/18 00:42:49
    Leasheryn/Lady Willpower
    +1
    Agreed
  • Mark P. 2012/08/17 01:30:36
    Yes, abolish the tax code
    Mark P.
    +5
    Any attempt by the fed to simplify it will only make it worse.
  • Adakin ... Mark P. 2012/08/17 02:06:00
    Adakin Valorem
    Example? Please explain.
  • Mark P. Adakin ... 2012/08/17 02:55:18
    Mark P.
    +1
    Has it gotten any easier yet?
  • Adakin ... Mark P. 2012/08/17 11:56:33 (edited)
    Adakin Valorem
    HR-25/S-13 (the FairTax bill) currently has over SIX DOZEN bipartisan cosponsors in the House & Senate.

    HR-1040 (the Flat Tax Option bill) has 9 cosponsors.

    How many cosponsors does Mitt or Barry have for the proposals they are advocating? NONE.

    Please vote for the candidates that provide actual SOLUTIONS instead of feel good platitudes and vague generalities.
  • Cyan9 2012/08/17 01:29:24
    No, keep the current system but simplify it and eliminate deductions and exem...
    Cyan9
    +2
    Ceteris paribus I believe an income tax is more efficient and less economically disruptive than a sales tax, which is inherently regressive. Unfortunately our current tax code is so more complicated and disruptive than it needs to be.
  • Adakin ... Cyan9 2012/08/17 02:08:28
    Adakin Valorem
    Cyan: "...a sales tax, which is inherently regressive"

    Are you familiar with the FairTax's prebate feature which makes THIS sales tax a progressive tax system? http://www.fairtax.org/site/P...
  • Cyan9 Adakin ... 2012/08/17 03:23:04
    Cyan9
    The fair tax is not a pure sales tax though. So sorry about any confusion. I am familiar with the prebate and the details of the proposal.
  • Adakin ... Cyan9 2012/08/17 12:00:09
    Adakin Valorem
    Cyan: "The fair tax is not a pure sales tax though."

    I guess we need to define our terms. What is a "PURE" sales tax?

    If not from taxing the sale of retail goods and services, how else do you think the FairTax garners revenue?
  • Cyan9 Adakin ... 2012/08/17 13:24:04
    Cyan9
    +2
    A flat tax and a sales tax with no exemptions, deductions or any other distortion would have the flat tax as being neutral and the sales tax being regressive. A sales tax with a prebate would be more progressive than a flat tax but it would not be as progressive as a flat tax with the same exact prebate. Hence why I used the term ceteris paribus in my first post. I meant with everything else equal an income tax is more progressive than a sales tax because a sales tax only taxes consumption. Hope that makes sense.
  • Adakin ... Cyan9 2012/08/17 17:09:48
    Adakin Valorem
    +1
    Good point, Cyan.

    My preference for the FairTax (noun, not verb) is that it gives the choice of when, where and how much taxes are paid to the Taxpayer and takes that choice away from the gov't.

    ANY income tax, flat or progressive, has the rate dictated by the gov't.... And if the gov't can dictate how much of your earnings they claim as their own...if they can pick and choose how much they can take... they effectively have a lien upon every dime that you earn, save, create or produce.

    They can claim their ownership of your labor by the dictates of THEIR NEEDS, and not your needs. With the average amount of taxes paid by the typical middle income family being just over $10k... I think of the various announcements of government's largess, funding various projects and think of the familes that could have used that $10k to pay for their child's college fund, do repairs on their home, or save up to buy one... or to do any one of a number of things that are more important to that family than is whatever it is that the "program de-jur" is funding...

    But what that family needs is secondary to the needs of the plantation, er I mean the needs of the state.... I've looked at every definition of slavery and cannot tell the difference.

    An 18th century plantation owner effectivel...










    Good point, Cyan.

    My preference for the FairTax (noun, not verb) is that it gives the choice of when, where and how much taxes are paid to the Taxpayer and takes that choice away from the gov't.

    ANY income tax, flat or progressive, has the rate dictated by the gov't.... And if the gov't can dictate how much of your earnings they claim as their own...if they can pick and choose how much they can take... they effectively have a lien upon every dime that you earn, save, create or produce.

    They can claim their ownership of your labor by the dictates of THEIR NEEDS, and not your needs. With the average amount of taxes paid by the typical middle income family being just over $10k... I think of the various announcements of government's largess, funding various projects and think of the familes that could have used that $10k to pay for their child's college fund, do repairs on their home, or save up to buy one... or to do any one of a number of things that are more important to that family than is whatever it is that the "program de-jur" is funding...

    But what that family needs is secondary to the needs of the plantation, er I mean the needs of the state.... I've looked at every definition of slavery and cannot tell the difference.

    An 18th century plantation owner effectively had ownership claim on the labor of his slaves. That was the ONLY economic reason for having slaves... were the benefits derived from ownership of their production.

    The FairTax transfers ownership of your labor over to YOU.

    With any form of income tax, your money is SEIZED.
    With the FairTax, your money is PAID.

    One is compulsory while the other is purely voluntary.

    My point is that we need to Abolish Indentured Servitude! and Pass the FairTax Bill!

    Thanks for your interest. AV
    (more)
  • Deep007 2012/08/17 01:27:37
    Yes, abolish the tax code
    Deep007
    +6
    No brainer
  • Brian 2012/08/17 01:10:54
    Yes, abolish the tax code
    Brian
    +8
    Yes, YES, emphatically YES!!!!! National sales tax a great way, everyone pays, no more loop holes, no off shore accounts to avoid the confiscatory income tax burden
  • Leasher... Brian 2012/08/17 01:14:19
    Leasheryn/Lady Willpower
    +4
    No more confusing yearly paperwork to be filed on a certain date.
  • Brian Leasher... 2012/08/17 01:22:19
  • Lady Wh... Brian 2012/08/17 09:42:35
    Lady Whitewolf
    +1
    well said!
  • tommyg - POTL- PWCM-JLA 2012/08/17 01:06:31
    Yes, abolish the tax code
    tommyg - POTL- PWCM-JLA
    +8
    Scrap it. And the IRS.
  • Leasher... tommyg ... 2012/08/17 01:14:32
    Leasheryn/Lady Willpower
    +3
    Make it redundant.
  • Adakin ... tommyg ... 2012/08/17 02:12:50
    Adakin Valorem
    +5
    Don't forget to abolish the 16th Amendment, otherwise... "It's Baaaaaack!"

    polterguist movie  he s back
  • tommyg ... Adakin ... 2012/08/17 02:17:51
    tommyg - POTL- PWCM-JLA
    +1
    I think you would almost have to.
  • Adakin ... tommyg ... 2012/08/17 02:31:30 (edited)
    Adakin Valorem
    +3
    The FairTax bill in congress, HR-25, specificaly sunset's the 16th Amendment.

    If within five years of passing the FairTax (which abolishes the exsiting tax code and the IRS) the 16th Amendment has not been abolished, then the FairTax reverts back to the current system. That's in the bill.

    Picture a society that get's used to having their ENTIRE paycheck as their 'take-home' pay!... and picture suddenly having 1/3 of it disappear in withholding tax if the 16th A, isn't gone. Thanks Tommy! AV
    http://www.fairtax.org/site/P...
  • tommyg ... Adakin ... 2012/08/17 02:41:52
    tommyg - POTL- PWCM-JLA
    +1
    Had no idea. Thanks for the heads up on the bill.

    And no, we wouldn't ever go back.
  • Adakin ... tommyg ... 2012/08/17 12:03:54
    Adakin Valorem
    +2
    True, please call your congresscritter and ask her/him to cosponsor HR-25. And if they refuse, find a candidate running against them that WILL support the abolition of indentured servitude... er ah... I mean the Income Tax! :-)
  • mightymouse49 2012/08/17 01:04:11
    Yes, abolish the tax code
    mightymouse49
    +4
    It is time to get rid of it.

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