Sunday, May 15, 2005

Question Of The Week, 5/15/05

This has been one busy week, and I still can't see that I've got anything done. Now it's time for the Question Of The Week. I just saw the Subject Line to one of my e-mails promoting a Fair Tax System. To me that would mean do away with the Federal Income Tax and replace it with a Federal Sales Tax. What Do you feel would be a fair tax, a Flat Tax, Federal Sales Tax or should the current Income Tax be left in place?

God Bless America, God Save The Republic.

13 Comments:

Blogger Kender said...

Fairtax.org, of course, has a good idea.

I think do away with the federal income tax (and quite a few other taxes also) in favor of a federal sales tax....as I understand fairtax.org all fed taxes would be replaced by federal sales tax, a use tax if you will, and logically if you get taxed for spending more then that would be a great incentive for saving more...not only in a savings account but in a retirment account.

Thanks for commenting on my post at The Wide Awakes.....and S.F. as a state scares me also.

3:08 AM  
Blogger Captain Mike said...

Repeal the income tax and replace with nothing. The US survived, grew and prospered for ove 100 years without it.
The income tax only allows the Federal government to grow far beyond its intended size and scope. You simply can't trust politicians with that much money.
Put them on a diet. Repeal the 16th Amendment and don't replace the income tax with anything at all.
Yes it means cutting the Federal budget by about one-third, but that's all good.

3:14 AM  
Blogger Gun-Toting Liberal said...

I'm 100% FOR any sytem where EVERYBODY pays, including drug dealers, hookers and under the counter workers. These people have paid very little, if any taxes for years. So yeah, I'm FOR it.

4:19 AM  
Blogger Unadulterated Underdog said...

I think a flat tax would be better because it could be used to close loopholes that the rich and companies use to evade taxes.

Also, I go to OU. I think the students who visited your plant are from OSU.

As far as the military shift, that's that is. The yare shifting a few people out of certain parts of the state but we are adding many more than losing. Tinker AFB and Vance AFB are both adding a bunch and so are the other bases to a lesser extent. Cheers!

9:45 AM  
Blogger Zelda said...

I think the federal sales tax would be better. But I reserve final judgment.

10:46 AM  
Blogger Steve O said...

I think we need to figure out how the corporations in this country need to pull their weight first before we figure out how to screw ourselves.

3:11 PM  
Blogger bart said...

A taxation system in which everybody pays in accordance to his/her possibilities and potentials is in order. Ultimately a taxation system is necessary so a social system that can benefit everyone can keep afloat

Companies should be taxed to the hilt (after all necessary expenditures have been deducted) after a simplified and transparant bookkeeping system is in place and after corporate and elitist greed has been criminalised...

Perhaps the world will become democratic someday...

5:23 PM  
Blogger Jim said...

Scrap old system and replace with sales tax. You buy a lot...you pay a lot. Have one no sales tax "holiday" right before school starts. Encourages people to save, everybody pays something and best of all you control how much tax you pay to the government.

9:16 PM  
Blogger Fred said...

I differ with those who say the National Sales Tax is better because "everybody pays...". I suggest that's probably one of the few good things about an income tax: A lot of people don't pay and the government gets less money, which is a good thing.

For those who think people who don't pay are making the rest of us pay more, don't be so naive. If everybody paid, the government would spend every penny of it and more and would be back again asking for more.

The biggest problem, though, with the National Sales Tax proposal, is, as Congressman Ron Paul said: "If we try to replace the Income Tax with a National Sales Tax, we'll likely end up with both...".

8:40 AM  
Blogger Chris Vallancourt said...

A national sales tax could be the first in a long line of "Screw the poor" taxes we could implement --

How about a "licensing tax" on all brand name articles of clothing worn? "Hey, you in those second hand Nikes...you owe $12 in licensing fee taxes."

Better yet, anyone under the poverty line should pay a 100% tax...that would encourage them to work harder to make something of themselves.

1:39 PM  
Blogger Whymrhymer said...

I like the "eddie willers" option but that'll (unfortunately) probably never happen!

The second best thing that can happen is seeing our current Income Tax code shredded and replaced with a Nat'l Sales Tax.

8:59 PM  
Blogger J.J. said...

I'm not an expert and I won't pretend to be. I don't really know that much about taxes. But it seems to me that a federal sales tax would discourage people from buying. Such a negative incentive would surely create negative results in the economy; the economy is stimulated when people spend more.

Some people also feel that a flat tax or a federal sales tax would screw the poor, and in this case I'm inclined to agree.

I also agree with some of the comments in that more taxes = bad. But I just don't know enough to say whether or not that means there should be no income tax whatsoever.

3:06 PM  
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11:43 PM  

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