how does ron paul plan to "eliminate the IRS"?

Question

i thought it was a joke when i first heard it. how can you eliminate something like this? while i certainly support the politician who will lower taxes most, is this method even possible?

explain in detail

Answer 1

If you cut government spending to what it was in the year 2000 --there would be no need for income tax.

If the government stops spending trillions overseas, we would be back to 2000 levels, and therefore would not need to have our wages garnished.

Ron Paul would not eliminate the IRS overnight (he cannot, congress must support too, but he wants to get us going in that direction...not deeper in debt and in more trouble overseas). So he would do it in phases.

Answer 2

Basically you fire all IRS employees, kick everyone out of the building, and cancel their funding. Then you chain and padlock the doors and sell the building. You close and cancel all accounts, using whatever cash reserves it has on hand to pay down what the IRS owes the American people. The IRS accounts for roughly 40% of the feds' income, which means on the macro level you're dismantling 40% of the federal government by cutting their funding.

The net result will be a flood of liquid cash (the best kind) into the system, because when people have more they spend more. Bye-bye recession, bye-bye war. It's like giving everyone a raise to stop a fight. The only ones who lose will be the politicians who have to find real jobs.

Answer 3

When we quit playing police around the world. You will have enough left over from the military budget to start fazing out the "kgb" I mean the "IRS". Ron Paul is the last chance for the American Way of Life. The media stated that the 4.3 million dollars raised was donated by 22000 people. This works out to $1954.00 per person. The campaign stated the average donation is $40.00. The 4.3 million at $40.00 is some 110,000 donations. Still at single digit polling numbers? WAKE UP THERE IS A REVOLUTION ON THE RISE !!!!!!!!!!!!!!!!!!!

Answer 4

First off, I would like to say I am not a Ron Paul supporter. I think he believes there should be a flat tax. That means everyone is taxed a basic precentage like 5% or 7% of their income. No loop holes. No cheating. No tax codes. Just basic. Mike Huckabee believes the same thing. Although, I think he just wants to shrink the IRS by a ton! The IRS cost $10 billion annually to operate.

But Ron Paul also wants to get rid of homeland security, the IRS, the FBI. wow.

Answer 5

Would it surprise you to know that income tax as we know it only come into existence in 1913?
That means for more than 130 years this country lived without income tax. While it won't be easy, the whole plan calls for reduction in government services - a big one being the international "police".
It's really possible if you just think of all the government services that are currently competing with private alternatives (health care, social security, welfare)

Answer 6

Idiots are all around me. Why don't you slobs try researching the Federal Reserve and the IRS before you speak? First: there is not a law that requires people to pay tax on their labor. Second: 0% of your Federal Income Tax goes to the US Government. Third: The IRS operates out of Puerto Rico, my be this is why it is not a state?

The Federal Reserve Bank is a For-Profit entity, look in the White pages for it, and there you will see, Business, not a government affiliated company.

Is this shocking to you? Don't believe me? A simple internet search will tell you everything you wanted to know.

Answer 7

Wayne and Bostonia, you two don't have a clue. Why don't you actually READ the book on Fairtax before commenting on it.

The "Wealthy" like Ted Kennedy will actually start paying taxes on the money they spend on their toys and high end lifestyle. Right now he pays little tax on his Senate income, and no tax on the "wealth" he inherited tax free.

The "rich" dont just sit there tucking their money under the mattress. Your Move-On ignorance and class envy shine through.

The "poor" will not be on the street, but instead enjoy a monthly check rebate that will cover the sales tax on living expenses, while also enjoying lower prices on everything they buy.

And quit being decieving, the plan calls for 23% tax, not 30%.
But then again, you obviously didn't read it...
Get real. Get informed.

Answer 8

labken -- I do comprehend out of your different postings which you're anti-Ron Paul, so uncertain in case you made your lead to the previous looking out the solutions to questions like the single you're asking right here. besides, Ron Paul's tax plan isn't in common terms excise taxes. it extremely is that AND consumer expenditures. consumer expenditures, examples: a million. The Federal tax on gas is how the government will pay for roads (R.Paul stated that it extremely is abused, they assemble extra beneficial than what's needed for roads, and use the surplus for different unrelated issues.) 2. Passport expenditures - you pay a value for the appliance and beaurocracy 3. Stamps - pay to run the placed up place of work / mail provider 4. Federal expenditures on your airline tickets: pay for air site visitors administration .. a number of those are in common terms some examples of consumer expenditures that are at present in effect. Then excise taxes conceal conventional costs no longer coated by using consumer expenditures. the conventional effect became quoted in some interviews. income tax represents 40% of all federal sales at present accumulated. Ron Paul plans to get rid of this completely. So effect: Federal gross sales drops 40% Federal spending is decrease 50% (Ron Paul recommends reducing it in a million/2) Spending would be decrease extra beneficial than taxes, last out the deficit. Now human beings would disagree with this: once you're a socialist and % super government. classes, you will desire to no longer vote for Ron Paul. additionally, in case you think we would desire to consistently have super military campaigns, you will desire to vote for somebody else. yet his monetary coverage does no longer recommend any form of deficit, or any form of unsound rip-off to make human beings sense solid. there is no longer something imprecise approximately what he desires to do, in case you in common terms learn the small print. it is amazingly close-minded to think of that governments can not exist with taxing income. Many states contained in the US have not got any income tax: e.g. Nevada (final I heard they have been booming), NH, WY, Alaska, Florida, Texas, South Dakota, Tennessee, Washington ... and earlier to 1913, income tax became no longer even area of the US shape.

Answer 9

Ron Paul proposes a flat national sales tax of 30% on all purchases, under the cute misnomer of "The Fair Tax."

That would be a massive tax break for the wealthy as they tend to amass wealth, not spend it. The working poor would wind up in the streets (they pay little or not tax now) and the middle class would buckle at the knees. It would also crush the housing industry as new homes would be taxed while existing homes would not. While it would theoretically help US manufacturers since they'd no longer pay any income taxes and could therefore lower their prices, international backlash would drive prices right back where they were and negate any benefit. Fraud on the so-called "prebate" feature would be rampant as would black marketing activities attempting to avoid the taxes.

If anyone thinks that any agency other than the IRS would be tasked for collection and administration of the "Fair Tax" they are dreaming just like Mr Paul is. He has some other interesting ideas, but his support for the "Fair Tax" relegates him to the looney bin politically since most folks recognize that this tax would crash the US economy overnight and therefore has zero chance of ever being implemented. Too bad as he otherwise seems like an intellegent choice...

Answer 10

by minimizing the federal government by eliminating as many federal programs as possible , then sending back the power of the eliminated programs back to the states . this works because its our cash that is funding the feds so it can just as easily fund the states instead , we save the cash by the elimination on the unneeded federal jobs.