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Why not a flat tax?

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Posted By: ladydawgfan, 9/25/2021 5:27:30 PM

The U.S. tax code is gargantuan and convoluted beyond all human comprehension. According to the Tax Foundation, if you count the actual tax laws, you end up with over 2,600 pages. But if you add the IRS regulations and clarifications, you get another roughly 9,000 pages. Finally, if you then add tax case law, you get 70,000 more pages. Considering such vast complexity, it doesn't really matter what basic tax rates are. There is a widespread and legitimate feeling that people who can afford shrewd attorneys will always find loopholes, and therefore nothing much will change.


Amen!! Unfortunately, like most issues these days, Washington leftists don't want the solution, they want the issue! They want the soundbite and the subject of political commercials! They don't want to solve problems, they want to grandstand for their media toadies on the steps of the Capitol Building! They don't even really want to "tax the rich" because the vast majority of them already ARE "rich," as are their major donors and lobbyist buddies. This is an issue that will not be solved until ALL of the tyrds in D.C. are flushed completely!!!

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Reply 1 - Posted by: GreatGreyhounds 9/25/2021 5:35:48 PM (No. 926398)
Because DC realizes that if people saw just how much they had to pay, there would be open revolt! The employers withholding is really disguising this from everyone…
7 people like this.

Reply 2 - Posted by: sjredwood 9/25/2021 5:43:01 PM (No. 926400)
According to Google: 75,000+ people employed by the IRS 1.3 million accountants in the United States (of which 650,000 are CPAs).
1 person likes this.

Reply 3 - Posted by: WV.Hillbilly 9/25/2021 5:45:28 PM (No. 926403)
A flat tax with no rebates,prebates or anything else.
4 people like this.

Reply 4 - Posted by: Proud Texan 9/25/2021 5:48:20 PM (No. 926404)
This sounds good but has one great flaw, as anything simple (or complex) that sounds so great does. Businesses that has a low rate of return on investment such as farming, petroleum, or any industry that requires a large investment in plant and machinery would cease to exist. These industries would go elsewhere in the world as they have been doing for a while now. The way I see to remedy this, is to not tax businesses, but actually tax the individuals owning stock in the businesses. Taxing should be done as an individual consumer type of thing. Bill Gates and others wouldn't get exemptions for their "foundations" and would pay on all of their individual income just like the rest of us.
3 people like this.

Reply 5 - Posted by: MDConservative 9/25/2021 5:51:54 PM (No. 926408)
You can answer this question by asking your H&R Block or any tax accountant how much they earn from tax prep. Then toss in the software companies. There's a ton of business to profit from complexity.
4 people like this.

Reply 6 - Posted by: GustoGrabber 9/25/2021 5:52:12 PM (No. 926409)
In 2012, the GOP had an opportunity to nominate a successful private sector charismatic guy to challenge Obama. His economic policy was 9 9 9 tax rates individual sales and corporate. Instead we got some oily smarmy big government globalist with zero accomplishments and a contempt for middle America. Herman Cain. He was on to something. Mitt Romney was on to nothing. Flat tax hell yes.
8 people like this.

Reply 7 - Posted by: Sandbar 9/25/2021 5:52:55 PM (No. 926410)
Why not? Because FTA: people who can afford shrewd attorneys will always find loopholes, and therefore nothing much will change. The people that write the tax laws and those that control them benefit from them.
3 people like this.

Reply 8 - Posted by: bad-hair 9/25/2021 6:00:34 PM (No. 926416)
Let me think this through. A DEFICIT this year somewhere between 5 TRILLION and 8 TRILLION dollars. Why not a zero tax. Just PRINT IT ALL.
4 people like this.

Reply 9 - Posted by: snakeoil 9/25/2021 6:09:21 PM (No. 926419)
Hate filling out tax returns. Use the online stuff. Sometimes there is a question that not only do I not know the answer but I don't even understand the question. But you have to click on something to get to the next page and so just pick one and hope the feds don't notice. But I will never complain about the federal form after filling out the State of Georgia tax return. In Georgia many of the state legislators have friends, relatives and/or contributors who work for tax preparation services. So they deliberately insert questions into the form that most people couldn't possibly answer and, therefore, they would be intimated into paying someone else to fill out a government form. The first one I filled out ended with "Have you you paid your intangible tax? If not, why not." I got so mad I wrote them a letter stating that I had no idea what an intangible tax was so how could I owe it?
2 people like this.

Reply 10 - Posted by: bamapreacher 9/25/2021 6:14:23 PM (No. 926426)
Why not a Value Added Tax. That way celebrities who spend fortunes on bling and other junk would be paying their fair share. Exempt food, and houses up to maybe $250,000 and cars up to maybe $25,000 and occasionally adjust that for inflation.
3 people like this.

Reply 11 - Posted by: Hugh Akston 9/25/2021 6:27:33 PM (No. 926431)
Why not NO income tax? Sales tax, FAIR Tax, consumption taxes, etc. Same rate for everyone 24/7/ or illegal...criminal or boy scout. Buy expensive things, pay more tax. But just one time only on new goods only, first time purchase. Toothpaste or car. And no filing. I know you who live in states with no income tax know all about NO filing.
3 people like this.

Reply 12 - Posted by: Come And Take It 9/25/2021 6:53:39 PM (No. 926441)
I agree with #11. All income taxes should be scrapped in favor of a consumption based tax. You can do carve outs for food and housing, if need be, but taxing what you spend encourages savings and investment, and simplifies the tax code immensely. Income taxes are theft right up front. They encourage people not to work, and to stay on the government dole.
3 people like this.

Reply 13 - Posted by: RobertJ984 9/25/2021 7:01:29 PM (No. 926447)
EVERYBODY pays 10%
1 person likes this.

Reply 14 - Posted by: chance_232 9/25/2021 7:28:23 PM (No. 926460)
Politicians use taxes to curry favor, get votes, punish adversaries, reward supporters and social engineer, The Tax Code is Congress's most powerful and effective weapon/campaign tool. They will not give that up.
4 people like this.

Reply 15 - Posted by: tsquare 9/25/2021 7:35:17 PM (No. 926463)
As ling as thevrate is less than 100%
1 person likes this.

Reply 16 - Posted by: Scribelus 9/25/2021 8:00:28 PM (No. 926493)
The French economist Frederic Bastiat correctly identified all taxes as “plunder”. He also defined government as “that fiction whereby everyone attempts to live at the expense of everyone else”.
2 people like this.

Reply 17 - Posted by: hershey 9/25/2021 8:52:59 PM (No. 926537)
What you made x 10% = your tax due deductions, no nothing...
2 people like this.

Reply 18 - Posted by: smokincol 9/25/2021 9:42:41 PM (No. 926569)
"Why not a flat tax?" - attn: Kevin McCarthy, this is item number 1 on your agenda if the repubs take control of the House and Senate because by then our President will be back in the Oval Office MAGA,A&A&A&A&A
2 people like this.

Reply 19 - Posted by: RussZilla 9/25/2021 9:48:11 PM (No. 926574)
John Kerry sails from Nantucket, On a seven million dollar sea bucket. On taxes he saves -- Riding over the waves, Because he anchors south of Pawtucket.
4 people like this.

Reply 20 - Posted by: RuckusTom 9/25/2021 11:59:58 PM (No. 926649)
A sales / consumption tax and at the end of the year let those who believe they've got refunds coming to them, let them fill out the forms to get it. You got kids? File for your refund. You got a mortgage? File for your refund. You're a farmer who had to take a $1M loan out for an air conditioned, satellite guided combine? File for your refund. If you don't have any of those things, you don't file for any tax refunds and go on your merry way. This would probably end up working in the Feds favor because a lot of people would give up going through with filing and just lose the money.
1 person likes this.

Reply 21 - Posted by: mifla 9/26/2021 5:23:23 AM (No. 926724)
Because it would take a club out of the hand of our government.
2 people like this.

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