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House GOP seeks to abolish IRS!
01-06-2013, 11:57 AM #1
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
Quote:"Fifty-four House Republicans on Thursday reintroduced legislation that would terminate the IRS and replace the system of income taxes on people and corporations with a consumption tax."
"Woodall's bill, H.R. 25, would replace the current tax system with a 23 percent consumption tax on all new goods and services. He said Thursday that this change would eliminate the need for a complicated tax code, and would be the kind of tax reform that helps reinvigorate the economy."

Read more: http://thehill.com/blogs/floor-action/ho...z2HBRpkw00

Unfortunately I doubt it will pass, this would actually help small business, the average person and the poor. For the last decade or so the only legislation that has been made is to punish Americans and treat them as criminals and terrorists for something they had no part in.
Whipping on the dog daily because the cat ate the Thanksgiving turkey 12 years ago seems an unlikely response, but the analogy here is quite fitting. coffeetime.gif

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JollyRoger Show this Post
01-06-2013, 01:05 PM #2
JollyRoger Incognito Anonymous
 
It's an awesome idea and figures a republican came up with it.

Keep the Fed OUT of our income and personal lives. ABOLISH the FED all together in my opinion.

I would go for a consumption tax, but 23% is a bit much. But at least I get to chose how I pay my taxes by what I buy. Instead of being an income tax slave.

But if you consider it, we spend about 60% of our income on income tax, sales tax, property tax, luxury tax, etc.

So, if all we have to pay is a 23% consumption tax, I'm game. We just save about 35% in tax pay out.

Except, I'm sure any other taxes in place will not be removed.

Therefore, we would be paying out about 75% of our income to taxes.

ugh.... I'm getting a headache just thinking about it.
01-06-2013, 02:07 PM #3
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
yup.gif There is a lot to be sorted out here. Does make your head spin.

wonder.gif
01-06-2013, 02:13 PM #4
Octo Mother Superior
Posts:42,601 Threads:1,469 Joined:Feb 2011
I read just the other day that in Russia they pay a 13 per cent flat tax regardless of income. The do have an 18 per cent VAT on most goods, food has a 10 per cent VAT. Sounds more reasonable than here where we have 24 percent VAT on most goods.

damned.gif
01-06-2013, 03:30 PM #5
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
At this rate, there will be no paychecks and we'll all live in the projects eating government cheese.
01-06-2013, 04:07 PM #6
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
iagree.gif And that's best case scenario IMO. gaah.gif

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JollyRoger Show this Post
01-06-2013, 04:19 PM #7
JollyRoger Incognito Anonymous
 
(01-06-2013, 03:30 PM)DaJavoo Wrote:  At this rate, there will be no paychecks and we'll all live in ghettos and forced labor and FEMA camps eating government cheese.


Fixed it.
01-06-2013, 04:29 PM #8
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
Lats say for the sake of argument the only thing standing in the way of that objective is a gun ban, and this was promised by the end of month.
I doubt congress will go along with it, so how is it going to be done? The question is can an exec order nullify the constitution?
Will be interesting to see how this all pans out. beerbong.gif

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JollyRoger Show this Post
01-06-2013, 04:38 PM #9
JollyRoger Incognito Anonymous
 
(01-06-2013, 04:29 PM)JayRodney Wrote:  Lats say for the sake of argument the only thing standing in the way of that objective is a gun ban, and this was promised by the end of month.
I doubt congress will go along with it, so how is it going to be done? The question is can an exec order nullify the constitution?
Will be interesting to see how this all pans out. beerbong.gif


I don't think it's going to end well.
01-06-2013, 05:10 PM #10
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(01-06-2013, 04:19 PM)JollyRoger Wrote:  
(01-06-2013, 03:30 PM)DaJavoo Wrote:  At this rate, there will be no paychecks and we'll all live in ghettos and forced labor and FEMA camps eating government cheese.


Fixed it.


Sounds a lot like the National Socialist Workers Party ~ seems like that was tried once with ugly results.
01-06-2013, 05:25 PM #11
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(01-06-2013, 03:30 PM)DaJavoo Wrote:  At this rate, there will be no paychecks and we'll all live in the projects eating government cheese.


Yeah, the gov will simply take the paychecks and give back what they think we need to keep working. coffeetime.gif
01-07-2013, 04:50 PM #12
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
hmm.gif

Biere.



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