re: Would you be against a flat tax rate?

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People would think twice about voting for tax and spend Democrats when that $100 item costs $140 after national+state+local sales taxes.

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While I agree with your point, the mechanics behind it are flawed. Almost a solid quarter of what you pay at the register right now are embedded corporate income taxes that are passed down the distribution chain until the consumer pays the full bill at the register.

Corporations do not pay income taxes, they collect them.

With the abolition of the IRS/repeal of the 16th Amendment, those embedded corporate income taxes totally go away from the cost of an item. Market forces will take care of that.

There might be some hesitation for Coke to drop their prices initially, because consumers are used to paying $4 for a 12-pack, but Pepsi's in the game too, and while Pepsi's pricing was the same, they know that those embedded taxes don't have to be a component of the retail price, so they drop theirs. The gross margin $ at $3 is no different than at $4 when they had to carry the income taxes in the price, so why not get every advantage they can?

When Pepsi's 12-pack is only $3, there's no way that Coke will stand for that, so they lower their prices, too.

Everyone makes just as much money in the process, and the consumer isn't paying anything more than they did before, except they're using funds from their whole paycheck, instead of what they're allowed to keep after Uncle Sam gets his mitts on the money first.

Remember: the concept of an income tax was so onerous to our Founding Fathers, that it took 150 years and a CONSTITUTIONAL AMENDMENT just to legalize it.

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Further I would get rid of withholding so that everyone had to write a check for the amount owed every year.

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This would be the biggest gamechanger relative to people paying fricking attention to tax policy and spending.

Imagine starting 1/1/20, everyone started getting 100% of their paycheck, but were required to then send a check for 15% of that to the fedgov, and 3% to the stategov, at the end of every month.

Plus, those "off the rolls" would still have to send a $50 check every month (skin in the game).

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Would you be against a flat tax rate?

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I'm generally opposed to income taxes.

If we're going to have income taxes, a flat tax is the only way it should be done.

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Nope. I would also prefer taxpayers pay taxes directly to the government instead of through the employer.

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Make everybody write a check to the federal government every month.


That’s when the real revolution would begin.

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You'd have to reintroduce debtors' prisons, most likely.

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You would have to do something. Because a whole lot of people would never ever save that money for taxes. I would say instead of it going to the govt, it should still be payroll deducted, but go into a savings account of some kind with no ability to withdraw/borrow against. Annually it would be disbursed to the govt with an interest check going to the individual. I never liked that the govt was getting to borrow my money without paying interest.

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The dike has a hole...

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Would you be against a flat tax rate?

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I would rather an Amendment that swaps the income tax for a national sales tax and locks that rate in at 23%.

-Approximately 25% of a product's price is income tax so this could be a price cut for many products

-Everyone pays it. Period. With prices remaining the same there is no reason for anyone to be exempt.

The Fair Tax is the best plan.

Illegal aliens, prostitutes, drug dealers, gamblers, and other folks who avoid paying income taxes would begin paying taxes.

Manufacturing jobs would come to America.

The IRS would go away.

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I would also prefer taxpayers pay taxes directly to the government instead of through the employer.

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this

We need to do away with income tax and have taxes on our purchases. That will eliminate paying people under the table and will collect taxes from everyone living in our country.

But, honestly, we need to reduce the govt and stop paying for stupid crap.