Some politicians are promoting an increase in our consumption taxes as a means of doing away with the tax code. Getting rid of the IRS would save America $300B a year according to some estimates.
This is a serious question. Please provide some thoughtful answers. Should the IRS be abolished?
2007-11-29 18:06:47 · 10 answers · asked by truthsayer 6 in Politics & Government ➔ Politics
Thanks for your honesty, Shoot-em! It would force a lot of people to get a real job.
2007-11-29 18:15:53 · update #1
I wrote my congressman about 15 years ago about this. It they implement a consumption tax, it would eliminate cheaters working under the table. Everyone would have to pay at the store. Say a t.v. costs $400. Instead of 8% tax, it would cost $500 or 25%. It may not work, but the economy might be better off. It would definitely make illegals go home because they couldn't afford anything here.
2007-11-29 18:13:50 · answer #1 · answered by Anonymous · 2⤊ 0⤋
We have what is called a "progressive tax" system...a consumption tax system would apply to everyone...in other words...people making 20k a year would pay the same amount of taxes on goods as someone making 1 million a year....The IRS does not cost 300B to run every year...no business costs 300B to run a year...I don't like the IRS and I am in accounting...taxes should definitely be lower but they should also be progressive like what we have....it helps to redistribute the wealth...otherwise...the people with all the money would continue to thrive and no one on the lower end of the social scale would ever have a fair shot to make a decent living....and i'm not talking about the people on welfare, i'm talking about the average middle class who actually work for what they have...No they should not be abolished
2007-11-29 18:19:35 · answer #2 · answered by brookethestylist 3 · 0⤊ 4⤋
Yes, it should be 15% flattax on all wages, and 6% payroll tax on socail security, and 1.5% on medicare. Tax free earnings up to $15,000 at the poverty line, but the 15% rate would be adjusted for inflation at 15% rate. IRS code is 30,000 pages, and corporate incomes taxes should be 15% too. Hedge Fund managers would have to pay 15% on all earnings, and evasion of taxes would be made crime.\
The problem with tax reform is not thinking of ideas, but how to enforce or apply the new reforms in place because of how goverment, business, and other players work with the goverment.
2007-11-29 19:59:00 · answer #3 · answered by ram456456 5 · 0⤊ 0⤋
A national sales tax? No taxes on capital gains?
$300B based on what - not running the IRS, must include cost of keeping records and filling out forms. So there will be no records of sales taxes collected and no agency to enforce their collection?
2007-11-29 18:11:35 · answer #4 · answered by Mike1942f 7 · 1⤊ 1⤋
Personally, I think the Federal Reserve should be abolished before the IRS.
The Fed costs the U.S. trillions a year, and they're not even part of the government!
2007-11-29 18:47:37 · answer #5 · answered by Jeremiah 5 · 1⤊ 1⤋
IRS is just a money sucking organization and if we have a better way we need to go with that.
2007-11-29 20:30:52 · answer #6 · answered by Shelby L 6 · 1⤊ 0⤋
If we got rid of the IRS, no one would pay taxes and we wouldn't get any tax money which fund the entire government.
2007-11-29 18:10:19 · answer #7 · answered by Anonymous · 2⤊ 2⤋
For some it would be great but for me it would suck, as I am a paid tax preparer,,,,,,I would have to go find a real job.
2007-11-29 18:11:06 · answer #8 · answered by Shoot-em-All 4 · 1⤊ 0⤋
No, our country needs it...
2007-11-29 19:38:07 · answer #9 · answered by Anonymous · 0⤊ 1⤋
I think you meant the NRA didn't didn't you.
2007-11-29 18:33:00 · answer #10 · answered by zclifton2 6 · 0⤊ 2⤋