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  • Posted by relayman 10 years, 6 months ago in reply to this comment.
    Repealing the 16th Amendment (allegedly ratified) is the ultimate goal bet not a prerequisite to suspending the marxist income tax and imposing a consumption tax. The typical excuse of friends of income taxes is that we would wind up with both. If that held water, then what is stopping Congress from imposing both today? Both are allowed in the Constitution. That neutralizes that argument. I say suspend the marxist income tax for a reasonable period of time, and finance the guvmint with a consumption tax. After that time, the Marxist income tax will be doomed and the people will demand the repeal of the 16th.
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  • Posted by Herb7734 10 years, 6 months ago
    Eliminate the IRS and revise the entire tax code. Take that mountain of conflicting laws and regulations and build a bonfire. The new code must be contained within 30 pages including the index. The new code should not be written by either lawyers or accountants.
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  • Posted by LarryHeart 10 years, 6 months ago
    People WILL keep all their earnings and pay for the government on their transactions. Poor will pay nothing, rich will pay more.

    However that is fair because the rich have more property that the military defends, the mail comes to, interstate commerce benefits etc. so they should pay more for the protection and services.

    People are duty bound to pay for the government tasks/powers that the Constitution explicitly lists. Not anything else.

    Everything else the government took upon themselves (based on redefining "General welfare" in the taxation power to mean any powers to DO what ever they wanted) is THEFT and fraud .

    Read this for the Fairest Tax. http://02f8c87.netsolhost.com/WordPress/...

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  • Posted by freedomforall 10 years, 6 months ago in reply to this comment.
    Precisely why I added the stipulation not allowing deficit spending (although the wording may not have been clear ;^)
    Banking sociopaths currently control America, and they did it by being the only source of credit (created from nothing, not from any assets from productive activity.)
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  • Posted by relayman 10 years, 6 months ago in reply to this comment.
    I do not know what the tax rate level would ultimately be for a consumption (sales) tax. As Federalist 21 points out, the rate "may be compared to a fluid, which in time will find its level with the means of paying them." Importantly, "the single advantage of taxes on articles of consumption that they contain in their own nature a security against excess. They prescribe their own limit, which cannot be exceeded without defeating the end proposed-- that is, an extension of the revenue." In short, tax on articles of consumption controls the size and reach of guvmint. Not the other way around as with all income taxes, rooted in marxism.
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  • Posted by relayman 10 years, 6 months ago in reply to this comment.
    You are absolutely right. An individual selling the property of their labor in return for a paycheck is or should not be a federal tax event. THERE IS NO CONSTITUTIONAL BASIS FOR A FEDERAL PROPERTY TAX. The exchange of your labor for a paycheck results in NO GAIN, so how can that be defined as income (def. "the gain DERIVED from labor or property or both combined.") I also totally agree, as did the Framers, that guvmint should be financed by a consumption (sales) tax. Read Federalist 21.
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  • Posted by relayman 10 years, 6 months ago in reply to this comment.
    Why would a consumption tax "be unacceptably regressive"? The final price paid would likely be cheaper that prices currently paid since there are no longer imbedded taxes, compliance costs, more capital flowing back into the country, etc. There is no complaint about "regressiveness" of sales taxes in states that do not have a marxist income tax. Read Federalist 21.
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  • Posted by jabuttrick 10 years, 6 months ago
    This interview was unfortunate. First, Johnson used the "revenue neutral" mantra which means all we are debating is the means and methods of the theft not its justification or magnitude. Second, he made no reference to decreasing the size and expenditures of the insolvent federal government. Unsatisfactory.
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  • Posted by freedomforall 10 years, 6 months ago in reply to this comment.
    Only object to your example of a 10% tax. That much 'revenue', er, stolen property, puts far too much power in federally centralized hands.
    One percent is far more than enough to accomplish the constitutionally required protection of individual property and rights.
    And NEVER allow spending in excess of the amount stolen from consumers.
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  • Posted by $ 10 years, 6 months ago in reply to this comment.
    He has said that. I also agree about the debates. All qualified candidates from any party should be included, not just the hand picked whose turn it is.
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  • Posted by j_IR1776wg 10 years, 6 months ago
    I only wish that he had justified abolishing the IRS on the grounds that individuals are entitled to keep 100% of their earnings. A Federal sales tax would be a perfect way to support limited government spending and the Progressives would finally have their way in that the 1% would be paying their fair share. They spend more, they pay more taxes.There should be no deductions, no favors. If you can afford a 1/2 million $ Ferrari, you pay $50,000 in taxes. If your wallet can handle a $13,000 Versa, you pay $1300 in taxes. What could be more fair that that?
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  • Posted by fivedollargold 10 years, 6 months ago
    $5Au finds Johnson to be a likeable guy with some interesting ideas. However, a consumption tax (i.e., Federal sales tax) would be unacceptably regressive to most people.
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