PROBLEM:
The problem I see is that with a tax code that is hundreds of pages long and so damned complicated that only the wealthy can use it to avoid paying taxes.
SOLUTION:
The solution is a flat tax for individuals and businesses making more than $30K per year with no deductions that equals the total spending of government. If a business is paying the same amount as an individual and no deductions allowed, there's no place to hide it.
And if we're reducing spending, let's start with government. Rather than pay Uncle Sam a dollar to distribute 20 cents back to us, allow individuals and businesses to contribute their tax burden directly to a publicly funded operation. That percentage the government spends on itself in the process of collecting and distributing the funds will go instead to where it's needed. Local, State and Federal Agencies will maintain lists of what needs funding for tax payers to choose from. Pick the school library or road construction project of your choice and mail it directly. The whole thing can be done on line.
As for outsourced American jobs, apply a minimum wage and OSHA regulations to foreign manufacturers. Ban offenders and those nations not complying with inspections from exporting to the US. Oh, and just as OSHA and FDA and every other government institution charges us for the privilege of being inspected, pas on the cost of these inspections to foreign manufacturers as part of import duties.
BENEFITS:
This allows us to see exactly how much congress is spending. It's an actual percentage of what we earn. If we vote for more spending we'll see it immediately in our monthly tax bill.
The tax form will fit on a post card. No more accountants and tax lawyers. These professionals could focus on running and GROWING businesses and not watching the business owners back as they avoid burdensome taxes.
BUT WHAT ABOUT TAX DEDUCTIONS?
No one buys a house for the deduction. We all take advantage of it, but don't buy because of it. Besides with a flat tax and the resulting higher income, the result will be far more profitable without the deduction. MIGHT EVEN HAVE ENOUGH CASH TO PAY FOR HEALTH INSURANCE.
Call my Libertarian rear end crazy, but the solution is simple. Cut out the middle men in congress who created the mess and close an potential loophole for the extremely wealthy.
By the way, if the senate was designed to have equal representation for each starte, why do we need two senators from each state. Wouldn't one do?
Let me know what you think by commenting.
