Sure, they can increase the taxes on owning an SUV by 1000% and property taxes on any house worth more than $250,000 by 10,000% and I'm all for it.
How the hell would you enforce a tax like that? You'd go from putting tax evaders in jail to putting store owners in jail for not charging or collecting the proper amount of taxes for what they're selling.
Our current tax system leaves a lot to be desired, but are there any countries in the world who are doing this successfully? TWENTY THREE percent sales tax?
Meanwhile, now that Republicans are back in control of both houses of Congress, the administration will seek to make a set of tax cuts set to expire in 2010 permanent, while working on another tax-cut package to include reducing the taxation on share dividends
Ahh more cuts for the rich. Pretty soon they'll want to secede they have it so good. With they money they're saving they could buy out our national debt and take over America!
C.
--edit:
Before I get jumped on for this, I have some short-term tax reform that I think is a definite winner, and won't be subject to any debate in Congress.
1) Increase funding to the IRS according to their current stated needs.
2) Collect the 4 billion a year the IRS estimates they cannot collect due to understaffing and underfunding.
3) Repeal new bankruptcy reform act so taxes get paid before credit debt (okay that's wishful thinking.)
If we had an extra 4 billion each year in tax revenue, and an IRS that could properly and fairly work the cases it has, I think things would improve significantly. The expenditure would be maybe a couple million tops to get the IRS to a healthy level, and the return would be 1000%. It's a no-branier!
Last edited by Cal at Nov 13 2002, 12:18 PM
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