- Dec 27, 2001
- 47,351
- 14
- 61
I don't understand why this has to be so complicated.
1. Flat tax. No more deductions and write offs and magically accounting. When you earn pay, its taxed at 15%. If you sell stocks, its taxed at 15%. Everyone pays their way.
2. Every business also has a flat tax. Here is where we fix the most: a business would be any company that pays at least one employee a wage. No more tax free BS. Charities are awesome! I say a charity has volunteers and not employees.
3. Congress must pass a balanced budget with dedicated money to pay down our debt every year. If Congress does not do this, they are sequestered until it is done.
4. Congress and the President's pay are what the median income for a family in the US is.
5. All government contracts will go to American owned and operated companies whenever possible. Defense, infrastructure, telecommunications, every single contract.
6. This IRS is gone. Since there are no more deductions, write offs and cheats, the treasury department will have a very small, heavily audited department to handle filings. Since there will be no more returns, filings will be 100% automated.
So that's it.
1. Flat tax. No more deductions and write offs and magically accounting. When you earn pay, its taxed at 15%. If you sell stocks, its taxed at 15%. Everyone pays their way.
2. Every business also has a flat tax. Here is where we fix the most: a business would be any company that pays at least one employee a wage. No more tax free BS. Charities are awesome! I say a charity has volunteers and not employees.
3. Congress must pass a balanced budget with dedicated money to pay down our debt every year. If Congress does not do this, they are sequestered until it is done.
4. Congress and the President's pay are what the median income for a family in the US is.
5. All government contracts will go to American owned and operated companies whenever possible. Defense, infrastructure, telecommunications, every single contract.
6. This IRS is gone. Since there are no more deductions, write offs and cheats, the treasury department will have a very small, heavily audited department to handle filings. Since there will be no more returns, filings will be 100% automated.
So that's it.