Just wanted to show you guys the types of crazy bills that get introduced in congress. Do they stand ANY chance at passing. Uhh, yeah maybe 1 in a billion. I like this one though! http://thomas.loc.gov/cgi-bin/query/F?c111:1:./temp/~c111nB6vde:e1552: http://thomas.loc.gov/cgi-bin/bdquery/z?d111:h.r.00025: JOHN LINDER IS THE MAN!!!!! MOVING TO GEORGIA!
`(4) GENERAL REVENUE RATE- The general revenue rate shall be 14.91 percent. 4.91 percent too high........ But in the right direction..... ........................................................................ A 10 percent consumption tax will generate more revenue than the current progressive tax will be generating in the not so distant future.... ............................................................................ Rock on !!!!!!!!
While I would dance with joy, it is many, many, many times more likely that every Arab will drop his gun, marry a Jewish girl and attend Temple every week than this will come to pass.
You people don't understand the problem at all. The problem of the US is that it is a 21st century Empire with Imperial Delusions. Had US tried to disengage and wind down (instead of jacking up the military budget) there would suddenly be money for all kinds of goodies "we can't afford now" Tax Cuts or trying to destroy IRS is a moronic way of looking at the situation while ignoring the real problem (stated above). One of the biggest jobs of US pacific fleet is to guard an island called Taiwan (god forbid China tries to acquire it by force) It is never about taxes, it is about spending. Cut spending cut taxes, increase spending, increase taxes. Those 2 things should always go together.
That spending went toward the only wars we won. We've spent 11 trillion bucks on the democratic "war on poverty" without success, and without an exit strategy. http://frontpagemag.com/articles/Read.aspx?GUID=36BD9AB4-3667-48FC-A5FE-A89757979301 Stop this delusional spending and you'd take a major step in fiscal responsibility.
problem is, such a change in tax just plunders at least 30 percent of existing savings, by converting into 'pre-tax' income savings that made it past - income tax - exise tax - sales tax - property tax - state tax - securities tax - interest tax - capital gains tax - thumb tax - bear markets - inflation people who have any savings at all, have has the SHIT kicked out of them for the last 10 years and if it ever passed, they'd bring the income tax back 'just temporaily' (washington's code word for 'forever') and we'd have a ntional sales tax on TOP of the income tax