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A fairer way for the U.S. collect taxes

April 16, 2013

Imagine if you woke up one day to the news that the IRS was abolished, along with the income tax, and April 15 would now just be another nice spring day....

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SURV69

Apr-19-13 6:08 PM

Let me get this straight...

Paying 23%(to begin with . . . it could change), on EVERYTHING you buy.

I don't like it!

The government will continue to waste the billions upon billions of dollars that they have always wasted . . . here and overseas.

I'd rather have the government pare back, at least a substantial amount of absolute waste first and then pay only 15% on goods.

Then let's not forget the states and counties who also need money and if they're on board, we'd probably be back to about 23% on all goods bought again.

I "might", be able to live with THAT 23%.

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Dmoadus

Apr-18-13 11:22 PM

I'm surprised that anyone would ask what would prompt "sellers" to lower their prices. I could show you hundreds of examples, but here's just one. Gasoline; it wasn't too many weeks ago we were paying over $3.60 a gallon, and we weren't even complaining about it, we have become used to it. So why is it now selling for under $3.40 a gallon. People would have gone on to pay the $3.60, why did the retailers lower their price? Come on "truthmonger", you could say it......Free market forces.

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speedy50

Apr-18-13 1:04 PM

yes, they would pay the same rate of taxes, but $300 a month will go much farther for the single mom than for Gates. Also, I am sure Mr. Gates buys much more stuff than the single mom, thereby paying much more tax. he travels more, has bigger parties, drives more expensive vehicles, and probably furnishes a slightly larger house. I think the pay-as-you-go/consume idea is a great one. why must we punish the productive members of society.

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truthmonger

Apr-17-13 12:25 PM

What motivation do sellers have to lower their prices by 20%? Are we to presume Ayn Rand's "invisible hand" will compell them to do so? Isn't this the same "invisible hand" that keeps Wall Street from self-destructing in cycles of runaway greed? Obviously it's not working. If the companies would not be forced to lower prices by 20%, do not simply expect them to do it.

Show me a mechanism, a law of economics or legal code, not somebody's promise or prediction.

Besides, in this scenario the Koch Brothers or Bill Gates would pay the same rate of taxes as a widower/mom working two full-time jobs to raise her family. That is hardly a fair tax.

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