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Off Topic Discussion
Vice President Dick Cheney accidentally shot............................
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<blockquote data-quote="Rich Stern" data-source="post: 589446" data-attributes="member: 52580"><p>gwac, you get that no matter what.</p><p></p><p></p><p></p><p>In the U.S. tax system, people take deducations they aren't entitled to. Employers pay illegal aliens in cash to avoid payroll taxes. Barter transactions go unreported. Inventory value is underreported to reduce property taxes. Etc. etc. etc.</p><p></p><p></p><p></p><p>And then there are "above ground" tax avoidance schemes like off-shore banking, which don't actually violate the law, but violate the spirit of the law with barely legal and intensely complex structures to exploit unintended loopholes.</p><p></p><p></p><p></p><p>Whenever there is a tax, people will create alternative transactions to avoid the tax. If there are hundreds of taxes, there will be hundreds of alternatives.</p><p></p><p></p><p></p><p>The most important thing about a single tax system: Accountability in government. If the sales tax rate is 23%, and the next year, politicians want 25%, it's very hard to hide it from the public. The public can vote them out in the next election on the basis of that one, very hard to hide tax increase. In our current system, hiding that stuff is as easy as taking candy from a baby (which is what they do to us). There is so much smoke and mirror crap in the current system that we still have unsolvable arguments about 20 year old tax code changes and whether they were actually cuts or increase and whether or not they were good or bad.</p><p></p><p></p><p></p><p>We need the FairTax in the worst possible way.</p></blockquote><p></p>
[QUOTE="Rich Stern, post: 589446, member: 52580"] gwac, you get that no matter what. In the U.S. tax system, people take deducations they aren't entitled to. Employers pay illegal aliens in cash to avoid payroll taxes. Barter transactions go unreported. Inventory value is underreported to reduce property taxes. Etc. etc. etc. And then there are "above ground" tax avoidance schemes like off-shore banking, which don't actually violate the law, but violate the spirit of the law with barely legal and intensely complex structures to exploit unintended loopholes. Whenever there is a tax, people will create alternative transactions to avoid the tax. If there are hundreds of taxes, there will be hundreds of alternatives. The most important thing about a single tax system: Accountability in government. If the sales tax rate is 23%, and the next year, politicians want 25%, it's very hard to hide it from the public. The public can vote them out in the next election on the basis of that one, very hard to hide tax increase. In our current system, hiding that stuff is as easy as taking candy from a baby (which is what they do to us). There is so much smoke and mirror crap in the current system that we still have unsolvable arguments about 20 year old tax code changes and whether they were actually cuts or increase and whether or not they were good or bad. We need the FairTax in the worst possible way. [/QUOTE]
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Off Topic Discussion
Vice President Dick Cheney accidentally shot............................
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