Replacement of Income Tax with National Sales Tax
There is a saying in racing circles that the only person whoconsistently makes money off the horses is the guy who mucks out the stallsevery morning. Everyone else, sooner or later, looses big, even if theyhave sometimes won. That is an apt analogy for the current method ofraising revenues for the operation of the U.S. government and its programs,the I.R.S. and its graduated tax code. The only people who consistentlymake money off the system are the guys who wallow around in the muck of thecode: IRS employees, and the Congressional 'pork chefs' who enact evermore convoluted, not to say draconian, measures to tilt the effects of thecode toward the interest groups they favor. While there may be no totallyfoolproof way to prevent those who tinker with the outcome of races bydrugging horses from succeeding, there is a way to overcome the glaringinequities and abuses of the U.S. income tax: replace it with a national An article by Chris Edwards earlier this year identified succinctly anumber of the glaring problems with the current tax system in the UnitedStates. He identified "vertical inequality." Despite the fact thatequality is a foundation of American jurisprudence, and
"Most important, you could decide to keep most of whatyou earned. 4billion hours of work a year just to comply with the tax code. All that could easily double the cost of thisbizarre tax system to the American people. and replacing the repressive tax code with asimple national sales tax would stop the civil rights abuses the wayhanging stopped horse thieves. This would be rebated through payroll. rules have not reached a total of 60,044 pages covering abaffling roster of complex requirements regarding capital gains, savingsplans, education incentives and a few dozen or more other deductible areas.
Common topics in this essay:
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burton mastromarco 1995,
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