posted on May, 23 2011 @ 02:26 PM
I can dig it...i really think we need a system based on sales alone.
When you get paid, you get it all. When you spend it, you pay 15% or whatever the amount is.
This solves several problems. The first of which is drug dealers, they stand on the corner and make a grand a night? Fine, when he goes and buys an
escalade or whatever, he pays his taxes.
The next is the unnecessary Fed and what, 90,000 pages of tax code? Gone. Or should be. April 15th? Gone.
Another is that, when congress over spends, and has to raise the rate, they are IMMEDIATELY accountable. Change from 15% to 16%? Congress did it and
everybody knows it. The way it is now, they just add here and take there and no dang body but one of them knows.
Anyway, just my disjointed 2 cents worth.