03-17-2017, 10:29 AM
(03-16-2017, 08:08 PM)TheLeonardLeap Wrote: Would be a whole lot better to institute a single flat federal income tax for everyone and then turn the IRS into about 1/50th of it's current size if not less.
The IRS in 2013 had an operating budget of $12.8b (up almost $1b from 2012, so it's probably much more now). A single flat rate with no cuts or returns or anything would also eliminate the over $21b in yearly tax return fraud.
Meanwhile it would mean people could do their own taxes again because there's no longer 5,000 page books you need to read in order to do all the loops and cuts and such.
- - -
TAX FORM
SSN:
Name:
Address:
Employer:
Employer Address:
20**'s Income:
**% of Income:
Signature:
- - -
Done. I just made the world a better place and saved like $30b.
(03-16-2017, 08:22 PM)Belsnickel Wrote: I'm for this with one change. Every year there should be an amount set that, per person, acts as a deduction. You multiply that by the people in your household, and that amount of income is deducted before calculating the tax. It would allow some relief for lower income families.
You know that I'm onboard for this !
