Would you support a flat tax? Say 15% across the board for everyone, and no loopholes?

Question

No sales tax, Only 15% when you purchase ANYTHING!

Please understand. This would eliminate the IRS and ONLY pay tax on what you PURCHASE

Answer 1

that would be a sales tax. i would support it if we got rid of the income tax and the IRS. though the number percentage may have to be higher.

edit. i was hoping that was your plan. If the IRS were a private business,they would have been bankrupt and out of business long ago. people don't seem to be looking at it reasonably though. it is the most equality we can hope for between the classes,as those with higher incomes would pay more taxes. it would also collect more taxes from those that work under the table and drug dealers,neither group presently pays income tax

Answer 2

You won't like my answer.
NO, NO, NO!
I consider myself to be a conservative, and as such should, in theory, agree with the idea, but I don"t.
Taxes are too high. People should fend for themselves and the welfare system needs to be eliminated as much as possible.
I hate Socialism in all its forms. - Sounds like I'm contradicting myself.
There are people who need help. Conservitives are far more generous and charitable than the Liberals, proven fact.
Charity comes from the heat. Welfare comes through the extortion perpetrated by the IRS.
Here's the rub:
A simple sales tax hits hardest at the poor because they have to spend a higher percentage of what they earn on the necesesities of life.
Taxes get spent mostly on things that benefit the wealthy, such as infrastructure, the military, airports, government contracts that go to BIG business.
That's undenyable.
The poor don't care if their local produce is hauled in by a muel. Big business wants superhighways. So do those driving a Mercedes.
The tax system must be structured so most of the taxes are payed by those who benefit MOST from the moneys spent by the government. Therefore it is only fare that the wealthy pay a higher per centage of their income in taxes.
I agree the tax structure needs changing, but what you suggest is NOT the correct approach.
We should NEVER have a tax structure geared to penalize the producer and reward the non producer. Punitive taxes on the wealthy are just as wrong, if not worse!
We should NEVER have a tax structure where the taxes on business rewards a corporation for firing local labor and moving jobs overseas.
I have another approach, but the details are too long to list here. The answer isn't complex, bur can't be stated in just a couple of paragraphs, especially with the documentation required to back up my claims.

Answer 3

If is 15% charged when you purchase anything, then it IS a sales tax and 15% is a lot of money considering the sales tax in my state is 5%. a $10 item costs me $10.50 vs the tax you suggest which would cost $11.50. It might not seem like much of a difference, but it would add up on your receipt really fast! Plus, flat taxes hurt the poor more than they do the rich because it carves a bigger chunk out of their earnings overall.

Answer 4

It has been shown that a flat tax of 10% for everyone would solve the nations money problems completely. This means that big corporations would not get the tax breaks and insentives they get now and it would take the heavy burden off the rest of us. Of course this will not happen because the major corporations have too much political influence in both parties and they are not likely to want to pay more in taxes so we can pay less.

Answer 5

The flat tax only benefits the rich! The poor have no money to pay any tax! The rich never pay any tax! That leaves everything to be paid by the middle class! Why do you think the mayor of NYC demanded a flat tax,and he's one of the richest jews in the city!

Answer 6

I would not support a flat income tax. Your question kinda contridicts itself, btw. No sales tax, but then you state 15% when you purchase something? That is a sale tax.

The problem with a flat income tax is that it would be unfair to poor(er) people/families.

$30,000 X 15% = $4,500 => $25,500 left over.

$100,000 x 15% = $15,000 => $85,000 left over.

Much easier to live on 85k than 25k.

However, the IRS does need to make the existing tax code MUCH more simple. Tax evasion & fraud happen because the code is such a convulted mess.

Answer 7

the place, oh the place, do you get this 15% from? It does not take extra suitable than easy experience to comprehend that as a manner to decrease the taxes on the wealthy you may desire to extend them on the working and center training. try over 30%. in certainty, the single pushed via Steve Forbes some years in the past @ 20% + 20% "employer matched" strategies 40%.

Answer 8

It sounds good. I believe this is what Ron Paul advocates, the only problem for many will be if there is enough revenue to keep the country going. When this problem is addressed, then more people can support a flat tax. It does sound as a good alternative to the lofty IRS which is basically spiteful.

Answer 9

Yes I would. It is far past time to get rid of every agency in the government that puts fear in the citizens. We have a democracy and we shouldn't be afraid of the government or how it rules us, after all we gave that government power. We can take it back! A 15% flat tax for everyone and every business would be great. No one having more leverage or pull than another. Now, how do we get the government to be honest?

Answer 10

It could work. May need to iron out a few details.
I think it would encourage people to save their money and make a little interest. Though in time, it would get spent and taxed. I just feel, it give us more control as to when we pay the tax.