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Banned
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Republicans Plan Push For Elimination Of Irs
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Ohhh ohhhh ohhhh ohhhhh ahhhhhhhhhhhh
I need a cigarette
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Cornpoppin' Pony Soldier |
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Registered
Join Date: Jun 2003
Location: St Petersburg, FL
Posts: 3,814
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Wow, just in time for the election too . . .
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Wow, just in time for the election too . . .
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Cornpoppin' Pony Soldier |
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Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
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And the percentage paid would be the same whether you made $20k or $500k?
Seems fair to me....... And a bit simplistic, although I laud the theory.
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Bob S. former owner of a 1984 silver 944 |
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Hey now, us CPA's spend money on donuts and go to Walmart too. At least ill have more time to play with the car.
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76/3.0 tarcabvertible 64 corvette conv. 72 Alfa GTV 79 Jeep Cherokee Chief |
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Join Date: Oct 2003
Posts: 3,019
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Interesting.
1/ goods would increase in cost substantially. Would this mean new import restrictions would need to be put in place to prevent americans from buying much cheaper goods from overseas? 2/ wouldn't the tax burden be shifted further away from certain businesses towards consumers? I'm thinking, for example, in the case of a law firm. What would they be taxed on? Stationary? On the other hand, manufacturing firms could be crippled. |
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Unfair and Unbalanced
Join Date: Jul 2004
Location: From the misty mountains to the bayou country
Posts: 9,711
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ubiq, what are law firms tax on on now?
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"SARAH'S INSIDE Obama's head!!!! He doesn't know whether to defacate or wind his watch!!!!" ~ Dennis Miller! |
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Profits I would imagine, just like all businesses.
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Cornpoppin' Pony Soldier |
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Join Date: Mar 2004
Location: Winston Salem, NC
Posts: 464
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But if consumers weren't being soaked at each paycheck, there would be more money to spend. This is interesting, but hardly new.
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86 951- again on the road, but needing some more TLC 82 931- again among the rolling "If yer paint aint chipped, you aint passin nobody." |
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Join Date: Oct 2002
Location: SE PA
Posts: 3,188
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I called my accountant to ask what he thought of this, but he was at his country club.
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