Dan Espen wrote in :

Doug Miller writes:

"Bob F" wrote in :

Doug Miller wrote:
Dan Espen wrote in :

"MarkK" writes:

Someone from the Tea Party please take this and make it happen
...
The tax fairness act prevents the federal, state or local
governments from imposing multiple taxes on the same monies. For
example, a taxpayer should not have to pay taxes to the Federal
government on a dollars that are paid to the state or local
governments. This example is already true, state and local taxes
ARE deductible from Federal income taxes. This bill extends this
to all levels of government and all forms of taxation.

Is this a deficit reducing idea or are you just trying to add insane
amounts of complexity to the tax code and make the deficit that much
worse?

It's time to just dump the income tax altogether. Repeal the 16th
Amendment, and institute a sales tax instead.

Right. Move the tax burden over to the working class, and give the poor starving
billionaires a break.

Ummmm.... no, actually it would have exactly the opposite
effect. Think it through: who spends more, the rich or the poor?

Ummmm, yes.

This is basic tax theory, I shouldn't have to explain it.

Current income taxes are on a graduated scale.
The more you make, the more you pay as a percentage.

That's true only for wage or salary income. Someone with an income of, say, $200K
annually from investments pays a substantially *lower* percentage than someone with an
income of $150K from salary.

With a sales tax that percentage difference goes away.

Which, of course, is exactly the point: everyone pays the same *rate*.

Everyone pays the same rate. Big benefit number 1 to the rich.

No, because they're paying a *lower* rate now.