David Bossie...MY GUY!

http://finance.yahoo.com/blogs/daily-ticker/abolish-irs-because-americans-lost-faith-agency-bossie-112010523.html

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

Most everyone I get in contact with favors this and a flat tax or sales/VAT tax. Do you really think the government would give up all that control they have over us with the IRS though?

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Elections have consequences.

Not just the government but the lobbying/corporate influence sectors would lose a lot of their power over Congress and such. They won't give that up without a fight, especially since they are winning the current one.

Exactly you added to what I was thinking but too lazy to type.

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Elections have consequences.

Don't discount the Justice Department, who uses the IRS as a tool when it investigates people in matters unrelated to tax evasion in order to throw on additional charges, find something that will stick in a case they ordinarily could not make or squeeze people even tighter to "cooperate".

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O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

Plus, the flat tax is, and always will be, a terrible idea.

Why would that be?

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Elections have consequences.

Why?

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

I would like to dive into this topic, maybe give it its own thread?

I'm not a huge proponent of the flat tax, I would find it preferable to have there be a flat tax up to a certain amount of income and then the rate rises after that threshold is met. Roll capital gains into it as well.

What you describe is not flat and defeats its purpose. My 2 cents.

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Elections have consequences.

I hear you and you're probably right.

What I'm saying is that it should be flat up to a point and then there is another bracket or two above that. Cut out most tax breaks/credits etc and roll capital gains into the income tax.

So I guess I'm saying that it shouldn't be a simple flat tax but more like a incredibly simple tax.

I support both a personal & corporate flat tax system. Simple & no loopholes. Abolish the IRS.

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

It would solve the issue with Warren Buffett's secretary though, and we all know how important solving that is.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

Don't you kind of have to have an IRS, though? I mean, even if you're just paying a flat tax, who processes the paperwork? Your DMV?

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I'd be ok with that. If I could lie about my income like I do my height and weight that would be great.

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That's the thing, you would still have some sort of tax department but it would be a fraction of the size. I wouldn't totally eliminate it, you couldn't.

I see what you did there.

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Elections have consequences.

Well of course but without the deductions, refunds, credits and other garbage all you need are simple clerks and computers. Best advantage mentioned is no more favors for buddies of pols and all the games to reduce your income. You make it you pay ??% upfront and never see it again.

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Elections have consequences.

Exactly...and corporations would all pay their fair share.

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

That's what I meant, you still have that revenue department but it's tiny. Vastly simplified tax structure means it's harder to cheat and easier to catch evaders. All this = less manpower needed. It also strips said department of all political powers.

Pretty presumptuous statement. I don't think it's that simple.