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Rand Paul: "Americans See The Rot In The System...And Want It To End!"
Authored by Rand Paul, originally posted at The Wall Street Journal,
Some of my fellow Republican candidates for the presidency have proposed plans to fix the tax system. These proposals are a step in the right direction, but the tax code has grown so corrupt, complicated, intrusive and antigrowth that I’ve concluded the system isn’t fixable.
So, I am announcing an over $2 trillion tax cut that would repeal the entire IRS tax code—more than 70,000 pages—and replace it with a low, broad-based tax of 14.5% on individuals and businesses. I would eliminate nearly every special-interest loophole. The plan also eliminates the payroll tax on workers and several federal taxes outright, including gift and estate taxes, telephone taxes, and all duties and tariffs. I call this “The Fair and Flat Tax.”
President Obama talks about “middle-class economics,” but his redistribution policies have led to rising income inequality and negative income gains for families. Here’s what I propose for the middle class: The Fair and Flat Tax eliminates payroll taxes, which are seized by the IRS from a worker’s paychecks before a family ever sees the money. This will boost the incentive for employers to hire more workers, and raise after-tax income by at least 15% over 10 years.
Here’s why we have to start over with the tax code. From 2001 until 2010, there were at least 4,430 changes to tax laws—an average of one “fix” a day—always promising more fairness, more simplicity or more growth stimulants. And every year the Internal Revenue Code grows absurdly more incomprehensible, as if it were designed as a jobs program for accountants, IRS agents and tax attorneys.
Polls show that “fairness” is a top goal for Americans in our tax system. I envision a traditionally All-American solution: Everyone plays by the same rules. This means no one of privilege, wealth or with an arsenal of lobbyists can game the system to pay a lower rate than working Americans.
Most important, a smart tax system must turbocharge the economy and pull America out of the slow-growth rut of the past decade. We are already at least $2 trillion behind where we should be with a normal recovery; the growth gap widens every month. Even Mr. Obama’s economic advisers tell him that the U.S. corporate tax code, which has the highest rates in the world (35%), is an economic drag. When an iconic American company like Burger King wants to renounce its citizenship for Canada because that country’s tax rates are so much lower, there’s a fundamental problem.
Another increasingly obvious danger of our current tax code is the empowerment of a rogue agency, the IRS, to examine the most private financial and lifestyle information of every American citizen. We now know that the IRS, through political hacks like former IRS official Lois Lerner, routinely abused its auditing power to build an enemies list and harass anyone who might be adversarial to President Obama’s policies. A convoluted tax code enables these corrupt tactics.
My tax plan would blow up the tax code and start over. In consultation with some of the top tax experts in the country, including the Heritage Foundation’s Stephen Moore, former presidential candidate Steve Forbes and Reagan economist Arthur Laffer, I devised a 21st-century tax code that would establish a 14.5% flat-rate tax applied equally to all personal income, including wages, salaries, dividends, capital gains, rents and interest. All deductions except for a mortgage and charities would be eliminated. The first $50,000 of income for a family of four would not be taxed. For low-income working families, the plan would retain the earned-income tax credit.
I would also apply this uniform 14.5% business-activity tax on all companies—down from as high as nearly 40% for small businesses and 35% for corporations. This tax would be levied on revenues minus allowable expenses, such as the purchase of parts, computers and office equipment. All capital purchases would be immediately expensed, ending complicated depreciation schedules.
The immediate question everyone asks is: Won’t this 14.5% tax plan blow a massive hole in the budget deficit? As a senator, I have proposed balanced budgets and I pledge to balance the budget as president.
Here’s why this plan would balance the budget: We asked the experts at the nonpartisan Tax Foundation to estimate what this plan would mean for jobs, and whether we are raising enough money to fund the government. The analysis is positive news: The plan is an economic steroid injection. Because the Fair and Flat Tax rewards work, saving, investment and small business creation, the Tax Foundation estimates that in 10 years it will increase gross domestic product by about 10%, and create at least 1.4 million new jobs.
And because the best way to balance the budget and pay down government debt is to put Americans back to work, my plan would actually reduce the national debt by trillions of dollars over time when combined with my package of spending cuts.
The left will argue that the plan is a tax cut for the wealthy. But most of the loopholes in the tax code were designed by the rich and politically connected. Though the rich will pay a lower rate along with everyone else, they won’t have special provisions to avoid paying lower than 14.5%.
The challenge to this plan will be to overcome special-interest groups in Washington who will muster all of their political muscle to save corporate welfare. That’s what happened to my friend Steve Forbes when he ran for president in 1996 on the idea of the flat tax. Though the flat tax was surprisingly popular with voters for its simplicity and its capacity to boost the economy, crony capitalists and lobbyists exploded his noble crusade.
Today, the American people see the rot in the system that is degrading our economy day after day and want it to end. That is exactly what the Fair and Flat Tax will do through a plan that’s the boldest restoration of fairness to American taxpayers in over a century.
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One chart explains why the economic and financial system crashed and why it's demise is inevitable...
https://econimica.blogspot.com/b/post-preview?token=OEP8D04BAAA.4ZoTd72cgDRn6KNhtiF-3g.9nFOInTFZOfjBhL9EqDkZw&postId=6257008839513891398&type=POST
Like a fish, this rot starts at the head...
The slimy Obozo-fish.
I like Rand, and vs. hillary he’d be better for sure.. but this plan is more of the same stupid bullshit that’s bad enough on its own but by the time implemented would be 10x worse and very not-flat.
more than 70,000 pages
This is an insane exaggeration, it is closer to a few thousand pages in reality. US has 330m+ people & is the largest (2nd?) economy in the world - of course the tax code will be complex.
http://uscode.house.gov/download/download.shtml
This will boost the incentive for employers to hire more workers, and raise after-tax income by at least 15% over 10 years.
As if, that’ll go straight to profits and /or stock buybacks. Employees aren’t hired on a tax basis, they are hired on a demand basis.
In consultation with some of the top tax experts in the country, including the Heritage Foundation’s Stephen Moore, former presidential candidate Steve Forbes and Reagan economist Arthur Laffer
lol, real great experts.. that tax cut in the 80s worked well, just ask stockman in his article from earlier
would establish a 14.5% flat-rate tax applied equally to all personal income, including wages, salaries, dividends, capital gains, rents and interest.
A lovely gift to finance!
The immediate question everyone asks is: Won’t this 14.5% tax plan blow a massive hole in the budget deficit?
> yes < Hence the tax increase in the 80s immediately following Laffers tax cuts, what figure did stockman cite.. 350B?
Tax Foundation estimates that in 10 years it will increase gross domestic product by about 10%, and create at least 1.4 million new jobs.
10% total from now, compound….per year? 10% could either be hardly anything, or A LOT..
Though the rich will pay a lower rate along with everyone else, they won’t have special provisions to avoid paying lower than 14.5%.
If people are paying below 14.5% for 2014 they be doing it illegally..
"Any attack on Israel will be treated as an attack on the United States"
-Rand Paul
That's all I needed to hear to realize he's no different than anyone else.
I strongly dislike him because I see him as a shill of large corporations (the whole Isreal thing is part of his support of MIC), but I would vote for him if I thought (I don't) that he would implement this tax plan if elected.
You can't fix the problem(s) with politicians GET THAT THROUGH YOUR THICK SKULLS!!!!
Not a single mention of jew banksters.
Another paid-for miserable fucking muppet!
In which side would you prefer to read your teleprompter Mr Rand?
One man's rot, is another man's rent.
I'd like to believe an American politician could enact reforms to benefit the American people. But in my entire life I've never seen it. So I have to assume that the rent-seeking will never end.
Rand is doing some more pandering. he has gone back on every single thing he has ever said that made him different from the rest of the republican field. He is not his father, and is nothing more than a garden variety republican(full of shit). If you are still wanting to believe in him, just remember, he voted FOR that stupid USA freedom act bullshit.
Amen to that. Rand Paul is just another bag-o-wind. And also a worthless fucking parasite. I am not sure how I got on his email list as I keep getting drool and drivel from his campaign every day. But there won't be a fucking nickle for him or any other liar.
"The immediate question everyone asks is: Won’t this 14.5% tax plan blow a massive hole in the budget deficit?
> yes < Hence the tax increase in the 80s immediately following Laffers tax cuts, what figure did stockman cite.. 350B?"
We've already blown a hole in the budget. Obama has accumulated more debt than ALL of the presidents before him, COMBINED!! There are loopholes up the ass for the ultra-wealthy. Why do you think Warren Buffet said he paid a lower tax rate than his secretary? You might not like Rand for one reason or another, but this sort of tax plan should be supported by everyone---especially here on ZH. The current tax code is nothing more than a vote buying scheme / jobz program for the IRS and every accountant who prepares taxes. Like LTER said above, I'd vote for Rand based on this one item alone, if he could pull it off.
"Under every stone lurks a politician" - Aristophanes, circa 400 B.C.
So this tragicomedy has been going on a long time, but good on yer anyway, Monetary, for pointing out the obvious. Perhaps both Rand and the Pope could benefit from a reading of Aristophanes.
We only stand a chance with far fewer pols, not more with "new" ideas. You see, Rand, like the pope apparently, thinks that the state just needs to be a little more efficient in order (in Rand's case) to solve .guv's chronic revenue problem. But our good Rand nowhere attacks the income tax as, ahem, UNCONSTITUTIONAL! That's the issue, not that the current mode of state extortion is inefficient.
BINGO. Taxing of income is UNCONSTITUTIONAL. Given that 'income'....in the manner in which we define it at the normal-Joe level.....is an exchange of LABOR for MONEY. Thus, we are being illegally taxed on our LABOR. The fact that Rand can't attack this the way his father did says it all. And of course, being a political reptile, he conveniently neglected the 8,000 ton titanosaur in the room regarding his 'plan'.
That is....who here, with a shred of a functioning brain cell remaining....doubts for one single nano-second....that 14.5% wouldn't soon be 15.5%.....17.8%.....18.6%.......20.3%.....25.5%.....etc.....within a few stinkin' years?
The power to tax is the power to destroy. Further it is 100% nothing more than a system through which the global elite exercise control over the masses in a fiat world. Otherwise....why not make the tax rate 0% on everything and just 'pay' for stuff (infrastructure, etc) by making entries into the fed computers? Works for gubbermint and wall skreet!
For whatever reason it doesn't seem to bother many that this is a tax increase for most and a tax cut for the few. I guess the 'everyone plays by the same rules' is catnip 'mericans can't not love. Like FREEDUM and LIBARTY.
Maybe just cut t the chase and call it the freedom tax. They're calling ever other gawddamn stupid thing freedom these days.
https://upload.wikimedia.org/wikipedia/commons/c/cd/US_federal_effective...
MR RAND PAUL!...
IN THE END, YOU ARE NO BETTER THAN SOME OF THE LOW LIFE SCUM THAT YOU SHARE THE SENATE WITH.
YOU HAVE THE FAIRTAX (which is NOW before the House Ways and Means Committee...I guess you know that, right?) THAT IS WELL UNDERSTOOD AND READY TO GO, BUT YOU HAVE TO COME UP WITH SOME WEIRD CRAP LIKE HERMAN CAIN AND HIS 9-9-9.
WHY AREN'T YOU PROMOTING THE FAIRTAX, WHICH IS CONSISTENT WITH YOUR PROFESSED IDEALS?
THE FAIRTAX WILL RESTORE THE FOURTH AND FIFTH AMENDMENTS - SURELY YOU MUST KNOW THAT IF YOU ARE THE PERSON YOU CLAIM TO BE..
THAT BUSINESS WITH THE NSA WAS JUST A BUNCH OF WINDOW DRESSING WASN'T IT? SAY??!
YOU WANT TO STICK IT TO THE AMERICAN PEOPLE WITH ANOTHER BIG SCHEME THAT LETS YOU SHOVE YOUR UGLY NOSE INTO EVERYONE'S PRIVATE BUSINESS DON'T YA? HUH?
WELL ALL THOSE ECONOMISTS (AND COUNTLESS BUREAUCRATS) WHO LOVE TO COMPILE STATISTICS ON EVERYONE (JUST LIKE THE NSA DOES) ARE GONNA LOVE YOU A WHOLE LOT MORE NOW... THEY'RE YOUR BUDDIES NO DOUBT. THEY NEED THE DATA THAT LIVES IN INCOME TAX RETURNS... IT'S KINDA LIKE THEIR "FOOD." ....THEY NEED THAT FOOD SO THE GOV. CAN GROW BIG AND STRONG! LIVE LONG AND PROSPER!
TO MAKE THIS HAPPEN, YA HAVE TO TAX INCOME (SO YOU CAN FORCE PEOPLE TO KEEP RECORDS FOR THE GOVERNMENT), NOT CONSUMPTION. I GUESS YOU GET THAT - RIGHT BUDDY?
national sales tax is NOT FAIR!
It immediately reduces the value of any saved money...money that has ALREADY BEEN TAXED....by the % of the "fair tax"..
not to mention the DOUBLE TAXATION on that saved, and taxed money....
Savers have been hammered enough by the Federal Reserve...
You've actually stated just one issue: double taxation.
Although, I think there really are two issues:
1) the actual value of your money (your real purchasing power) will likely increase under the FairTax because the cost of delivering services and manufacturing goods will decrease absent the weight of compliance under an income based tax.
2) yes, in some cases where income was high enough that significant income tax had been paid (not FICA or SE) on money saved, there will be double taxation; but, in the vast majority of cases, these will be older and wealthier individuals who've engaged in generational theft from their children and grandchildren through Medicare and SS and extravagant pensions (so maybe a little payback). This is to me a (largely benign) hang-over from an insane system of taxation that affects me and others of my genereation. But it's one I am willing to live with.
I think what it all comes down to is: how important is it for you to have liberty? Really, how important is that to you? How important is it to cut a bloated goverment down to size? Do you mind having to report your financial activities to a governement that can accuse you of under reporting and initiate inquiries when they feel like it? How do you feel about seizures that bypass due process...an income tax of any kind will allow these abuses to continue because you must continue to file papers with .gov. (unless cash is outlawed and they just take what they want! Ha!). How do you feel about the NSA? It's the same thing in many ways.
But maybe self-ownership's not your bag.
If you're part of the FaceBook generation, maybe you just have to tell others everything about yourself to feel alive and you think no-one should mind doing the same if they "didn't do anything wrong" - if so, then maybe you're okay with it.
I honor and respect the House and Senate sponsors of the FairTax legislation (HR25). They are willing to give up power so that America came begin climbing out the hole it's fallen into.
Although I consider myself a Libertarian, what I feel for Rand Paul is contempt.
Ya think he's playin it cool till he gets elected? And then when he's in office he'll go full-on supporter of Liberty? Ya think if we keep on the down-lo they'll never notice? I've been listening to stories like that since the days of YAF in the Sixties. I'm still waitin...
You're right on, Ed, that is if you're talking sales tax. Tax the traffic, not the assets nor the income. HFT traders would go broke within one of those milliseconds they inhabit. Rand's another Trojan/Manchurian. Got to hand it to those World Controllers though, Mustapha Mond and the boys do keep those choices limited.
If it were up to me, we'd take back the trillions in assets stolen by the .01%, and we wouldn't even be talking about income tax. The truly wealthy make shit in traditional income compared to other sources of wealth. But as pointed out in the article, it's a huge tax inrease for those very wealthy persons/corporations who currently use the tax code to avoid taxes altogether, it would be a huge shot in the arm to small business, and last time I checked no one is talking about taking back the assets stolen from us.
But as pointed out in the article, it's a huge tax inrease for those who currently use the tax code to avoid taxes altogether
if your income (including capital gains) isn't stuck in the US this doesn't address that point at all, which is the actual way people avoid American taxes. This is just another way to gut the avg joe while pretending to stick it to the man.
Does anyone on earth actually believe moore, forbes and laffer are going to propose a plan which increases taxes on the rich?? Fucking ridiculous.
Valid point if correct. The article doesn't go into enough detail to know whether the current loophole for income earned overseas continues.
He's on record favouring a tax holiday 6.5% for corps, i think that says all that needs to be said on that point.
Ron Paul's an obstetrician (he delivers new lives into the world).
Rand Paul is a dentist (he pulls teeth).
Let's see; The 16th Amendment was NOT ratified, and this is a FACT. The IRS and the Federal Reserve are illegal (and FOREIGN) corporations.
According to their own illegal CODE, as well as Supreme Court decisions, wages ARE NOT INCOME, but rather BARTER (and therefore not taxable). FILING an 'individual tax return' is VOLUNTARY. Being forced to sign an 'individual tax return' under penalty of prosecution for perjury violates the 'self-incrimination' clauses.
WAGES in the CONUS are NOT PAID IN LEGAL MONEY in the FIRST FUCKING PLACE.
Basically, Randy, you can go FUCK YOURSELF for playing along with the OLIGARCHY.
Ask Rand how he feels about armed drones being used to gun down 'suspected criminals' within the CONUS. I watched the television interview, RAND. You will NEVER be able to take back your statements regarding your approval.
He's on the PAYROLL of the RNC. ENOUGH SAID.
dude, Rand Paul is an eye doctor but don't let the facts get in the way of your bs.
Oh, I forgot.(PHHH! :)
He sticks chemicals and picks and sharp stuff in your eyes AND MAKES YOU GO BLIND (an 'opthamologist') instead of yanking your teeth with a pair of pliers (a 'dentist').
DUDE, I'm SO GLAD you set me straight on this!
After he came out in favor of domestic armed drones being used to gun down 'suspected' criminals within the CONUS, I tried to forget what his 'specialty' was, as well as the fact that I had actually MONETARILY supported his Kentucky Senatorial run.
WELL, I suppose I ought to contact him again, regarding some 'LAZIK' surgery.
It'll be just like 'Logan's Run' old times, I think. Just relax, and support ZION, Mr. Scott. HERE, this won't hurt...
Don't ket the FACTS get in the way of your asshole (which you seem to be very fond of).
DAMN FUNNY, if I do say so, myself! YOU are 'SO SMART'...
MontgomeryScott go suck Hillary's dick. You're a fucking idiot and it's quite obvious to everyone but yourself. I'm not here to educate you. I'm here to step on a mental midget. Now go fuck the fuck off.
Ophthalmologist, numb nuts....as in corneal transplants. Duke Med doesn't graduate idiots.
Randolph and Mortimer (Duke) are ashamed of me!
Coroneal transplantation and corn flake manufacturing and the price of a clear vision (and FCOJ) are way beyond my limited means. Randy and Morty are, I presume, 'quite intelligent'.
My nuts ARE numb. Perhaps, if you suck on them a little, you could help me regain the feeling down there.
'AYE' doctors are a dime a dozen (if the right people are paying them).
I was TRYING TO BE KIND to this fuckstain RANDY, but, NO...
WAIT.
I THINK that ALL POLICE should be MILITARIZED, and that ISREAL is our FIRST PRIORITY, and FUCK the little people in the CONUS! AMERICA! FUCK YEAH! EYE, EAR, NOSE, THROAT! RIP the TEETH right OUT OF THEM!
(Oops, I forgot that he isn't that 'dentist' that said 'Does It hurt?')
A 14.5% 'GLOBAL FUCKING TAX' on ALL income! THAT'S WHAT WE NEED!
The trap is set, and you are falling for it, calling ME a 'numbnuts', you IDIOT.
Not such a new idea. Steve Forbes ran for President in 1996 and 2000, primarily running on a campaign to establish a flat income tax.
The NWO wins when people on ZH are arguing in favor of taxes. lol
LTER your so full of shit, as usual. You wouldn't dare vote for anything that doesnt have Liberal Technocrat by the vote check box.
HOPE!!!! HOPE AND CHANGE!!!!!!!
LTER was a ron paul supporter. I dont agree with him on everything, but i feel like I should point that out
Thanks, man. But in his defense, I am an asshole notwithstanding my support for Ron. He's just wrong about why.
meh, he is a douche. If you disagree with someone, say so and explain yourself, posting shit like that is counterproductive trolling
Green Sweep Carl; for someone who has been a member for 11 weeks and 6 days such as yourself, pull your head out of the sand trap.
Some of us have better things to do than argue with Alinsky tactic tards such as LTER.
But do keep working on your short game' it does need it.
sooo, you have better things to do than argue with him, but nothing better to do than post drivel like that? got it. And Ive been around much longer than 11 weeks, I assure you, not that it matters.. Being a member for 4+ years clearly(especially in your case..) doesnt make you any smarter, or less of a jerk off.
@LTR..
I note that your up-tics and junks are neatly divided (6:6) along party lines or between true believers who, despite thousands of years of political history, continue to hope for, no; expect, salvation from the next random White Knight and realists, waiting for the inevitable.
Interesting, one way or the other.
Well what if he identified as an African American woman with beliefs strongly entrenched in Islam?
Would you vote for him then?
That's biased and ill conceived. There is a difference between a comment on a subject and a statement on what one is going to do. Too much is being read into a comment. The statement could very well be what could happen in response to such an action and is an evaluation of potential reaction by the current American apparatus. I don't see that Rand states that he feels this is the correct and proper reaction to take nor a reaction that he supports.
They say never ask a question when you don't already know the answer but i'm pretty sure you don't have one so I will go ahead and ask, What's your plan then?.....Didn't think so.
What's your plan then?
Why would I have a plan? In terms of things I agree with, get rid of payroll taxes, cut small business taxes - both of these are good. A couple ideas: Increase top tax rates - whys such a low threshold? Reform dividend and capital gains (i.e. make them reg income). Majority of peoples tax rates need to come down -yes, Rand's plan doesn't address that. And as usual the very vague 'spending cuts' are much more important to see in detail than the tax cuts.
But most of all don't pretend the tax code is the way to bring back American jobs. This is such a stupid idea, proven wrong for the past 3 decades and needs to finally be put to death. Has china economy been so miraculous at job creation because of its tax code ??
Deck chair arranger. Same ole' same ole'.
JC, I don't want to raise taxes on anyone, fuck that. The only plans I favor are ones that give less money to the govt. Dont raise taxes on the rich, the poor, the corporations, any of them. I don't care how many loopholes there are, anything that keeps money out of the govts hands is a good thing. Why do I feel this way? Because I disagree with nearly every way in which the government spends money. The vast majority of it goes to unneccessary wars of choice, military hardware we don't need, welfare programs that encourage and perpetuate poverty, and interest on debt that I believe is illigetimate.
Unless you are hopelessly stupid like bernie sanders and think there can be a huge govt that pays for everything(but is still nice and cuddly) you should think the same way. No, I am not rich either, I just don't view other peoples property as targets to for the government to plunder.
JC, I don't want to raise taxes on anyone, fuck that. The only plans I favor are ones that give less money to the govt.
As it stands tax revenue is a fairly long way off covering expenses (imo this is not a bug, it's a feature). Simply to get to balance A LOT of cutting would need to take place. Thus taxation and government expenditures can be considered two fairly separate things in the US.
When you look in the past the country functioned better when tax rates increased the higher you go up. Was the 1950s an era of government dependence? To me, there is no logic that someone earning $500 000 (from an actual job) is paying the same tax rate (probably higher) as someone moving capital around - usually to the determinant of the majority - and bringing in 10, 20 etc. million.
No, I am not rich either, I just don't view other peoples property as targets to for the government to plunder.
I have a high income but am not rich or wealthy. I do not encourage government 'plundering peoples property' but I do believe the tax code in the US favours capital holders way too far above people who do actual work and this should change. Tax code is one way to do this and has worked in the past.
"I would eliminate nearly every special-interest loophole."
And then he goes on to include suggested deductions and exemptions which reintroduces the need for accountants and lawyers, and a reincarnation of new moar obscure code and more accountants and lawyers. Doesn't a VAT accomplish the same thing, ie equal taxation for all? How has that worked out for the EU?
lot of words, lot of hot air and BS
"According to the CCH Standard Federal Tax Reporter, as of 2013, it now takes 73,954 regular 8-1/2" x 11" sheets of paper to explain the complexity of the U.S. federal tax code!"
They'll need to do better than 14.5% with that ol' Budget Deficit that's looming.
RUS is pulling it off since their Payroll Tax (IIRC) was at 33%(I need the Russian Tax Experts to qualify) - not to mention that they have STATE OWNED/VESTED BUSINESS and PETROL/PMETALS/OTHER EXTRACTION Revenue.
Eisenhower and Clinton Tax Rates seemed to work well. IMHO, the Free Trade Agreements(and related Tariff Removals) that exports Jobs Overseas for goods and services delivered here are causing all the "Giant Sucking Sounds" to be generated in the Job Market(i.e., the TAX BASE).
You have shit for brains, Cole. Make that SHALLOW shit for brains.
"more than 70,000 pages. This is an insane exaggeration, it is closer to a few thousand pages in reality"
His estimate is correct. You not including the Business tax code. Just about all business sectors have different tax regulations, Airlines, telecom, health, agra, etc. All have different rules applied which adds up to about 70K pages. There are also seperate rules for multi-national corporations, to link US federal tax code with foriegn tax code & regulations.
"Employees aren’t hired on a tax basis, they are hired on a demand basis. "
Cutting taxes will improve demand as consumers have more money to spend, thus increasing demand. Also consider there is about 4 to 5 Trillion in cash overseas because of US tax code wihich penalizes corps from spending overseas profits in the US. So instead the invest that capital in building new factories oversea (yes, I am glossing over other issues labor,regulations, etc, but allowing that money to be spend domestically would have some positive impact)
"If people are paying below 14.5% for 2014 they be doing it illegally"
Stashing profits overseas is perfectly legal. There are also other loopholes, to avoid or at least deferr taxes. I believe Rand plan is to implement a federal sales tax so anything you buy is taxed, and there is no way to avoid this tax. I am strongly against any federal sales tax, because what will happen is they will implement the sales tax first before cancelling the income tax during a "transition" period, but the transition period will never end, thus we end up paying both an federial income and federal sales tax. Just say no to any plan that involves a Federal sales tax.
That said, the 14.5% tax rate is DOA (Dead On Arrival). The Payroll tax is 15.3% (including both the Employer and Employee Contributions) and that is no where near enough to fund entitlements. Medicare runs deficients about $700B per year. To pay for the Boomers the Payroll tax will need to double to about 32%. For a Flat tax to work, it would need to be close to 40%, just to pay for the entitlements and finance the exisitng debt (Assuming the rest of the Fed gov't shut down) The US is very insolvent, and the only way out is to reneg on the entitlments and most of the federal debt. Since the majority of Americans are recipients of either entitlements or weathfare, I very much doubt the public will vote to have their gov't checks cancelled.
Unfortunately Rand's Tax Plan probably just killed his chances for a presidental run. Not a single entitlement recipient or wealthfare recipient, will vote for Rand. Rand should have avoding any details about his plans and just stick to hammering on existing failed policies (War, jobs, Spying, etc) that would have peaked the interest of the average Joe, but not enough for the media to pick his plans apart. The candidates that get elected are the ones that are the most vague about thieir implementation (Clintion, Bush, Reagon, Obama) all very lite on implementation plans and all got elected. You have to keep it dumbed down for the public to win votes. Steve Forbes ran on the flat tax model and he never got even close to becoming the nominee.
FWIW: I suspect that the next President will be O'malley (although its still a bit early). He's vague on details, blames the bankers, does lots of athetic\outdoor photo shoots, a washington outsider, and plays an musical instrument. Not a snowball chance in hell for any GOP candidate now that the GOP house has approved the TPA and the American public learns how the GOP enslaved them. DNC did the smart by voting against the TPP/TPA. Perhaps its all part of the plan to secure the 2016 Presidency for the DNC. Clever!
DISCLOSURE: I am not a fan\supporter of O'Malley or anyone in the DNC. for the most part I am completely disgusted with the GOP.
Better link...
http://econimica.blogspot.com/2015/06/0ne-simple-chart-explains-great.html
Ron has gone Full Lunatic. Is he working for Hillary now?
What's your plan?
Obey my government, pay my taxes, work, follow the MSM guidance.
" I plan to fuck you over" said Mr. Banker... And I bought the law and its legal. Maybe I'll take your wife and little girl too.... /no sarc...we are past that B.S.
You should be angry...cause that's what is happening.
Well, summer's finally here, and I intend to go buy the boat I've always wanted, and go out and do some water-skiing. Brian Williams is working hard to regain the trust he once had, and I'm gonna root for him (as well as the New Orleans Saints). Since I've been told that a little radiation is good for you, I'm going to encourage my children to join Americorps and volunteer for the Fukushima cleanup operation. Sean Hannity is the new Rush Limbaugh, and I listen to him religiously. Speaking of religion, I think I might get a bowl haircut and a doctor that will proscribe me some SSRI's, and go to my local 'black heritage church' in South Carolina. I REALLY don't mind if the supranational banking oligarchy wants to outlaw CASH, because it helps us all fight the 'war on terror/drugs/whatever'. GREECE is something I try to scrape out of my frying pan after cooking the GMO-fed beef-food-products that Monsanto has assured me are totally safe for human consumption. My wife is really fat, but she smells good after she puts on her Estee Lauder perfume (and turns off all the lights). I hope that WalMart has a better version of the flat-screen TV this season, because the last one I bought quit working after 3 days. I just got a job offer from, um, well, I GUESS it was a job offer... they said that I got to get free medical care, and a free phone, and a card that allowed me to go shopping (via J.P. Morgan or someone). I like to turn on the Cable T.V. and laugh at people who are stupider than I am (thank god I'm happy!).
I am a FLUKE OF THE UNIVERSE, but at least I'm thankful that MY DOG FINALLY HAS ENOUGH CHEESE.
SEE,
I HAVE A PLAN!
https://www.youtube.com/watch?v=D1NAwlepnSs
DAMN, SKIPPIES, you can't tell sarcasm from the real thing.
Show me YOUR plan.
RAND wants a pain-free, streamless, biometric RFID-style NATIONAL TAX (of ONLY 14.5%, to begin with). I suppose you haven't figured out this shit yet. YOU WILL...
The original seems worth reprinting:
- Max Ehrmann, "Desiderata".[1]
"Go placidly amid the noise and the haste, and remember what peace there may be in silence. As far as possible, without surrender, be on good terms with all persons.
Speak your truth quietly and clearly; and listen to others, even to the dull and the ignorant; they too have their story.
Avoid loud and aggressive persons; they are vexatious to the spirit. If you compare yourself with others, you may become vain or bitter, for always there will be greater and lesser persons than yourself.
Enjoy your achievements as well as your plans. Keep interested in your own career, however humble; it is a real possession in the changing fortunes of time.
Exercise caution in your business affairs, for the world is full of trickery. But let this not blind you to what virtue there is; many persons strive for high ideals, and everywhere life is full of heroism.
Be yourself. Especially, do not feign affection. Neither be cynical about love; for in the face of all aridity and disenchantment, it is as perennial as the grass.
Take kindly the counsel of the years, gracefully surrendering the things of youth.
Nurture strength of spirit to shield you in sudden misfortune. But do not distress yourself with dark imaginings. Many fears are born of fatigue and loneliness.
Beyond a wholesome discipline, be gentle with yourself. You are a child of the universe no less than the trees and the stars; you have a right to be here.
And whether or not it is clear to you, no doubt the universe is unfolding as it should. Therefore be at peace with God, whatever you conceive Him to be.
And whatever your labors and aspirations, in the noisy confusion of life, keep peace in your soul. With all its sham, drudgery and broken dreams, it is still a beautiful world. Be cheerful. Strive to be happy."
You are either channeling MDB or are one hell of a lump of a lap dog.
Wow. I don't normally like what politicians propose but this is amazing. This is a slam dunk.
Not, it is not. Taxation is theft.
With monetary expansion, the $50,000 minimum income threshold will not do anybody any good.
14.5%????????? Sorry, but that is retarded. Round numbers please. Sheesh. Come on. Do NOT pretend that statist economic theory is so precise that you need decimals. Please!
The only slam dunk would be if he advocated no taxation and aimed to convince the sheeple to reject fiat altogether. Anything short of that is controlled opposition.
To any of you statists getting a hard on from Rand's tax proposal, here is a litmus test: Demand that you be able to pay your taxes in ANY money/currency of your choice.
You treat it like it's the final-forever-fix-to-everything. This is just change. It's a start. And it's much better than the present.
I treat it like the controlled opposition that it is. That is the key. When I was young and stupid, I drooled over this type of shit.
As long as there is fiat+taxation, the tax scheme of choice does not matter. The sheeple will get fucked. The ill is monetary monopolization and the inflation/counterfeit that inevitably ensues.
is this better than what we have now? maybe, but I don't trust rand. He is a statist authoritarian just like the rest. I don't see how Ron hasnt taken him to the woodshed yet
The solution to political problems is not more politics! What is wrong with you guys?
Not talking to Charming and Carl, just the people with Stockholm Syndrome.
ps it's weird to see people in favor of getting fucked with taxes.
Rand's plan (I'm no fan of the guy) beats the living shit out of what we have now. If you demand perfection, there will be no change. Of course this plan has as much chance of becoming law as me becoming increasingly sober tonight, but the ideas are worth floating.
$500 a year we can save on our accountant...
Why do you want to continue filing returns? Is it a Facebook thing - ya like to tell people about yourself?
Do you want to make sure the IRS Collections Division people keep their jobs? Are they dear to your heart? You just wanna keep the IRS alive... you know, just in case ObummerCare has a heart attack and they need extra work to do.
Do you like the idea of having the IRS waiting around the corner someday to find out you didn't report everything? That won't change, ya know...
Do ya work for the man? Do ya get yer little paycheck every two weeks with the accounting all done just for you... I imagine they'll continue withholding so you won't have to do anything or see anything.
I assume you're not self-employed. You don't run a small business that lacks an army of accounts, huh?
And, I guess financial privacy's not a big deal for you.
Why? Why?
Doesn't anyone know about or understand the FAIRTAX (HR25)?
Doesn't anyone know about or understand the FAIRTAX (HR25)?
The only thing you need to understand about the FairTax is it is DOA. A flat tax is an astronomical longshot as well, but you MIGHT get some consensus. The FairTax is Libertopia Hope and Change. It'll never get the votes A super watered down version of a flat tax at least has a slightly better than snowball in hell chance. Just sayin'...
We'll see.
I have a tax plan. It's called the 0% tax plan. Keep all the $ you earn. Put government out of business.
The first $50,000 of income for a family of four would not be taxed. For low-income working families, the plan would retain the earned-income tax credit.
Avg american household in the US in 2014: 2.5 people. Median income in US: $51k
So in other words, this plan would actually be a tax increase for majority of Americans. As you'd expect from douchebags Moore, Forbes & Laffer
https://upload.wikimedia.org/wikipedia/commons/c/cd/US_federal_effective...
Anyone but Hillary the fascist. Rand has my vote but will suffer the same fate as his father. He won't be allowed to run.
AHH!
The classic 'lesser of two evils' argument.
One fucks you hard and tells you what he's gonna do up front, and one fucks you hard (but uses lube, while telling you that he's not gonna actually fuck you).
ANYONE BUT...
WHO? MC-CAIN? PELOSI? TRUMP? JEB? MCGOVERN? GORE? SOETORO? BLOOMBERG? THE CURRENT CPUSA CANDIDATE? NADER?
Do you vote 'R' or 'D'?
FUCK!
Good ideas that will never be put in place.
This would remove to many of the vote buying schemes politicians rely on to game the system and retain power. Wish it wern't so.
That's why I'm not voting. I don't need a President. I don't need anybody telling me whom i can and can't hire, what i can and can't eat, where I can and can't go...
I don't need a President.
Rand is a dipshit.
.
Rand is irrelevant. It's ideas that matter. Let's attack ideas and not people.
+1 cigar.
Yeah, but the bought and paid for congress won't help you...
Between you and me, my brother-in-law owns a car dealership in the Valley. Nice cars, but nothing flashy. You know, Mercedes and Volvos and other 'commuter cars'...
ANYWAY, if you'd like some support on your Bill, just let me know. I'm VERY CLOSE to my brother-in-law, you know. We talk about EVERYTHING... IMPORTANT, that is.
:)
wink wink
:)
HUGS!
Nancy (former 'Miss Lube Job 1953')
This guy is just a side show.
It will be Bush Vs., ugly woman.
SH
Correct, sad to say.
Please tell me what the difference is between paying tax to 'government' and paying protection money to the Mob.
The Mob doesn't make ya file a return.
The mob doesn't lie to you and tell you your stolen loot is for the children.
if you don't pay your 'tax' to the mob, they will come and kill you outright.
If you don't pay your 'tax' to the government, they will send out swarms of lawyers and armed men with tanks, and throw you in jail where you will get repeatedly anally-raped by your cell-mate Bubba, and put you on trial, and make you watch as they take everything you have ever owned, and then make you re-live the whole thing again and again in a 'court of 'law', trying to get you to end your life by taking every last vestige of a reason to live.
SEE! It's EASY to tell the difference!
@logicalman says: "Please tell me what the difference is between paying tax to 'government' and paying protection money to the Mob?"
Well, just one small thing, when your house is on fire, the mob won't show up with hoses. And the gov ocasionally fixes pot holes and bridges.
10 years.....1.4 Million jobs....140,000 jobs per year....
..yeah, gonna have to say no to that.....
Flat tax was a Steve Forbes favorite. Sucked then, sucks now.
But kudos to step the fuck out there with at least a different plan than the same rearranging of the deck chairs....
Steve Forbes proposed this years ago. Let us see if this Flat Tax gains ANY momentum this time around.
I'm running for President. Joseph Maloy at GoFundMe. Will put an end to all this BS.
"I would also apply this uniform 14.5% business-activity tax on all companies—down from as high as nearly 40% for small businesses and 35% for corporations. This tax would be levied on revenues minus allowable expenses, such as the purchase of parts, computers and office equipment. All capital purchases would be immediately expensed, ending complicated depreciation schedules."
Rand is speaking to me even though I think he's a watered down, shadow of his father.
His father couldn't get elected because he was completely incapable of playing the game. In all likelihood Rand won't get elected either, but by playing the game he actually has a realistic chance at doing so. That is more than his father had in 3 runs.
Ron Paul's run will prove to be about planting the seed and spreading the message. Rand is the test to see if someone with even half of the liberty movement's principals in his platform can actually win. So far he's doing better than I'd expect as polling goes. The amazing thing would be if he somehow wins the nom. I think if you put him on a stage with the acerbic Hillary and all her baggage, President Rand Paul look like a viable option to those swing voters in Florida and Ohio. I think he'd kill the southwest and Nevada and would probably do well in Oregon and Washington among the tech crowd. Unfortunately I think there's enough dolts in the GOP that he will come up short.
He definitely is not his father, but he's a million times Richard Shelby, Finance Chairman, who won't say shit with a mouthful about a Fed audit. All he does is scratch his worthless ass and eat boogers.
bullshit. if he ever had a chance to be elected he would be taken out. and if by some miracle he would be elected, he won't do what he says anyway.
He might though..Obama did what he said he would do
So when did they close Gitmo?
It's a noble idea, Rand, and like happened to Steve, the PTB will pull out all the stops making sure that if you DID get elected, your "tax reform" wouldn't happen. The IRS won't let you cut their budget and erode their power base - and beyond the douchebags in the IRS - just think of all the tax attorneys who will fight you tooth and nail to keep their fiefdoms in place. Think of the businesses like H&R Block and Intuit (Turbo-Tax software) who've built their empire on the bloated carcass of the IRS tax code. They won't let this happen for the same reason that the War on Drugs will never end, the War on Terror will never end, and any of the "War on <fill in the blank>" will never end: there are too many douchebags and parasites that profit obscenely due to their very existence. It won't matter that the vast majority of regular people like it - we don't have the money to buy the politicians.
I don't think we'll ever see "tax reform" until the entire system collapses.
On a side note, I think that if Rand gets any traction, they'll want to pair him up with Jeb-Jab - and shucky-darn if he won't get "Reagan'd" a few months in to his term....
You make it sound as though democracy doesn't work worth a shit.
Good analysis, but look at the good the tax brigades do, they count in the worthless GDP numbers as do the people that blow up shit and kill people, as do the government parasites, as does the waste of Obamacare, banks (no longer lend shit), sports and entertainment, shit, everybody. GDP is bogus should be shitcanned.
14.5% is far too much if they would do away with 90% of the worthless government and their Free Shit American programs.
Empty the prisons that haven't harmed anyone besides themselves. I once thought about keeping the cops and the courts but I've soured on that corrupt idea. Arm everyone over the age of 12 with fully automatic weapons and dare some other country or some pushy control freak neighbor to fuck with us.
We need to go Full Darwin, meanwhile, I need someone to recommend some kind of mind altering substance besides alcohol, the liver is shot. I'd like to flee but it looks like they've got me pinned down so I'm going back to my younger ways. I'd even re-up in the US Army if they would let ME pick the enemy.
Great idea to get rid of income tax completely. It was devised to raise money for a war which was not the West's war to fight and was only supposed to be temporary.
Good luck getting anywhere as the high priced .gov workers, consultants, lawyers and non GAAP accountants would kill anyone who considered getting rid of the IRS.
Yes, there are many powerful interests who live off and profit from the Internal Revenue Code.
You would need very broad support to overcome these strong interests. That support would be forthcoming if only the FAIRTAX (HR25, now before Ways and Means) were widely advertised and understood.
Or you could not pay taxes. But that would be scary.
Estate tax should be 200%
Free Shit American on a soap box, or /sarc., or mentally deranged.
enloe creek, you ain't right.
Taxation is theft - simple.
I disagree...taxation without representation is theft. The problem is our representatives don't represent our interests. They have been bought and paid for by other parties. They represent other entities. I have no problem paying fair taxes for roads, security, airports etc. I do have a problem bombing people I've never met for,interests that don't concern me or our collective interests.
Taxation is theft.
Definition:
"A criminal act in which property belonging to another is taken without that person's consent"
I do not consent. Now if you want to consent to taxes, fine.
Either we as a nation start changing, or we as a nation will be destitute, followed by civil war, and desperate poverty / starvation. That is where we are headed. The world will not accept our currency or the leadership of a lunatic fringe nation even with a gun to their heads.
Their tax reduction is just really a tax distribution which is spread out to make it appear so when it's really the same. One goes down and others go up some.
Well to be technical they really don't need your tax money to fund anything since they can conjure it up out of thin air and taxes are the vig the central banks get for you being forced at the end of a gun barrel to use their proprietory system.
Taxation makes monetary inflation possible.
Without taxation, competing currencies would circulate in tandem with fiat. Eventually, any currency that loses its value over time will circulate less. Fiat would be chased out in favor of good money. There would be no power to the printing press.
You are right, they do not need the collection of taxes. Tax collection (or the threat thereof) serves the purpose of compelling people to use the printed counterfeit. Taxation --- here, there and everywhere --- makes it too expensive to trade in competing currencies because you can not pay your taxes in anything but the state fiat.
"I would eliminate nearly every special-interest loophole."
Implying some "special-interest loopholes" are still available for sale.
Dick.
As much as I would like to like Rand, I question his sincerity. If he were really sincere he would run as in independent, because he knows Boehner will screw him, just like Boehner screwed his father.
I like Rand too Mr Cole but whichever Useful Tool becomes President of the USSofA matters none. Nothing is left to chance when the next Puppet enters the Oval Hospice. However , if you play Golf your handicap will improve.
Sorry. I draw the line at a fair tax of 14.33 %…
If slavery is when your masters take 100% of your earnings, at what percentage is it not slavery?
I don't need some idiot telling me the rate at which he will steal from me I don't "need" a leader.
what I "need" is about a 80% rollback / elimination of all Fedgov. We have 50 opportunities called Ststes in which we should have a usage based tax. If somepone wants to live is a socialist nirvana, let him / her move to the state with the 70% tax code. If others want to live more frugal and independant lifestyle, let them move to a State in which that is possible
+10 sir
Only problem is...democracy is not going to help solve the problem.
Who has ever "voted" their way to real freedom?
Real freedom is attained via blood, sweat and tears.
Until most people realize that, we are collectively doomed. Meanwhile, for those of us who know the game a bit better, we will continue to live by our own rules regardless of what the shitshow circus concocts :)
I'm woefully lacking on the "game", here's hoping you have an inexpensive correspondence course for Dummies.
I'm sorry to all those blow hards, and trolls (get a life!) I stand with Rand!
Things could change once the Flaming-Homo-Kenyan-Squatter is out of the White House. However, Bilderbergers have already decided to offer the Sheeple a Dyke (Hillary) or a NAZI (Bush). So, as you can see. America is FUCKED 20 WAYS TO SUNDAY!
Growth stimulus. ..more like playing with the clicorus of a 75 year old prostitute...
"like playing with the clicorus of a 75 year old prostitute..."
Why did an image of Hilary just pop into my brain. Gotta drink more to get that visual out of my brain.
You get around?
http://www.truthintaxation.us/?tax_inform=whereTaxesGo
The Grace CommissionIndustrialist Peter Grace and syndicated columnist Jack Anderson formed the Grace Commission in 1982 in response to President Reagan’s “Private Sector Survey on Cost Control.” Two years later, after 161 corporate executives and community leaders directed over 2,000 researchers to investigate government spending, the 47-volume, 21,000-page Grace Commission Report was published.
The $76 million study was funded entirely from private sector donations and cost the taxpayers nothing.
Grace told President Reagan that “one-third” of the tax dollars collected are wasted and another third not collected. “With two-thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government.”
if you had $1,500 deducted from your paychecks as an “income” tax and your tax dollars were directly applied to government expenses, your contributions by category would be:
$393—military
$339—interest on national debt
$285—healthcare
$83—income security
$51—veterans’ benefits
$48—education
$38—nutrition spending
$24—housing
$24—environmental protection
$216—everything else
But, if the Grace Commission is correct, then not one penny of income tax money is actually being spent on services the American People expect their government to provide.
So what is funding government? Tax researcher Richard Standring believes the U.S. funds itself with loans from the International Monetary Fund (IMF).
The IMF was created at the United Nations Monetary and Financial conference in Bretton Woods, New Hampshire, July 12, 1944. Per Title 22, Section 286 U.S. Code, the U.S. became an IMF member in 1945.
Standring followed checks naming the IRS as the payee. He claims the checks go to a Federal Reserve bank, a private banking institution that has never been audited. The money then goes to the International Bank for Reconstruction and Development and is deposited into what is called a “Quad Zero” account. It is from this account that IRS tax refunds are distributed (per 22 USC 286 and 31 CFR 11, section 214.7).
According to Standring’s research, whatever is left over is then transferred to the IMF. From there the money is redistributed among countries throughout the world—including the U.S.—in the form of loans. These loans must then be paid back to IMF bankers at interest.
According to the U.S. Bureau of the Public Debt, Americans were in the red $1.663 trillion in 1984. Twenty years later the debt has increased nearly five-fold to $7.1 trillion.
$1500 payroll deduction? My FUCKING (gross) PAYCHEcK ISN"T EVEN $1500.
Pull your head out.
Damn, Velvet, get another job, $1500 a month aint real tough to get.
I remember that well, Reagan promptly trashed it at the bottom of the file in the archives.
It was quite a feat that he even commissioned the report. Most of us were asleep. Not the kind of support a president needs to fundamentally change a country's--no less the world's--financial system.
Back in the early 90s one of the newspapers estimated that a flat tax would put 2 million accountants out of work. That's a great start. Now we need a plan that will do the same for lawyers, then bankers, then politicians. And not necessarily in that order.
All tax is theft including represented tax. 51% legally stealing from 49%is no different than a Monarch setting taxes.
When a politician starts talking 'fair taxes" I have an immediate urge to run.
Good. Count me in.
Jesus Motherfucking Christ Mr. Rand. You ARE indeed adept at talking out of both sides of your mouth. FUCK YOU CUNT!
One Word Amerikia: Be-headings, Boiled Rope and FUCK YOU politicans!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
?????
and FUCK ABC Media, LTD.!
thigh rash
It will not end until people quit electing sociopaths to represent them! Ain't gonna happen.
You go Rand! I'd actually bother to vote for you if you were nominated... but you won't be. The multi-trillion dollar taxpayer gravy train status quo perpetuation machine won't allow that.
"The challenge to this plan will be to overcome special-interest groups in Washington who will muster all of their political muscle to save corporate welfare. That’s what happened to my friend Steve Forbes when he ran for president in 1996 on the idea of the flat tax. Though the flat tax was surprisingly popular with voters for its simplicity and its capacity to boost the economy, crony capitalists and lobbyists exploded his noble crusade."
Yeah, that's quite a challenge.
Rand Paul's net worth - $2.3 million. Steve Forbes net worth - $430 million. Yet, Steve Forbes "did not come close to securing the Republican nomination, despite winning the Arizona and Delaware primaries in 1996 and getting some significant shares of the vote in other primaries. His awkward campaigning style was considered to be a major factor in his defeat."
Gotta' be a smooth talking sack of sh*t to get elected in this country, bud! Oh, yeah, and don't seriously rock the boat on any subject related to MONEY.
Which brings me to the wisdom of the great George Carlin - "Think of how stupid the average person is, and realize half of them are stupider than that." They buy into the sh*t presented to them.
An extreme, but revealing example:
Detroit woman who admitted killing friend with crock pot during argument over presidential race gets at least 23 years
http://www.nydailynews.com/news/crime/woman-killed-friend-crock-pot-23-y...A Detroit woman who pleaded guilty to fatally beating her friend with a slow cooker during a fight over the 2016 presidential election was sentenced to at least 23 years in jail on Monday.
“One was for one major political party and the other was for the other major political party,” McWilliams said.
TEA PARTY sellout in 3...2...1
I think you are a little late for that.
Didn't the Koch brothers buy it lock, stock, and barrel, shortly after it's conception?
Rand Paul has my vote.
How about if the states amend the Constitution during the Convention of the States to limit Federal taxes to no more than 5% for the purpose of a common DEFENSE of the nation (if they decide to retain a Federal government during the process) then raise their own tax rates to provide the services to their citizens that provide real benefits. That would eliminate all of the campaign promises of those who wish to become THE PRESIDENT.
Spot on. Cut off the fiscal black hole that is DC. Decentralize.
I am in agreement with Rand's premise regarding the current tax code. However, I feel as long as a federal tax is "legally" levied on the individual citizen, personal sovereignty cannot exist. What this means is that if the federal debt goes into default, bond holders can call on the IRS to attach the assets of you and me. This includes any debt incurred making wall street interests whole in the event of another financial meltdown. I believe this was the plan since the inception of the Federal Reserve act and the establishment of the personal income tax. Both occurred at roughly the same time....coincidence? Since Congress is comprised of STATE REPRESENTATIVES, and they vote all spending,federal budgets should be funded through a tax apportioned to EACH STATE. As it is right now, your tax dollar has no voice. I think Rand Paul know this and is on the right track.
I'm pretty torn on stuff like this. I really feel any vote for a lesser evil is still a vote for evil. Is Rand trying to play the game and take us back towards the freedom we are being marched away from, or does he truly believe this is a good tax plan that should be around forever. Introducing this in 1800 would have been pure evil, now it looks angelic compared to what we have now. Is it wrong to march in reverse towards freedom and allow evil to wane instead of just instantly banishing it all?
If the current system executes 10 kids a day, is it moral to vote that we execute 5 kids a day instead? Does that make things better or support the evil in the first place?
It doesn't matter either way as Rand Paul abandoned his father for Romney. I can't support a traitor. WE are supposed to trust him? No Bush, no Clinton, and no Rand.
But if memory serves me correctly, Ron also endoresd Romney when he bowed out of the 2012 race.
The only way to truly blow up the tax code is repeal the 16th amendment. But this is a start. I think the base rate is still way too high. 14.5% still accounts for over a month's worth of work. Why not the first $50,000 not taxed for everybody?
Rand better be careful calling out the IRS like that.
The tax code is less efficient .... than the internal combustion engine .... that's why they call it .... the Internal Revenue Service ?
Repeal the 16th Amendment. Abolish the IRS. If they can't fund the government with excise taxes, it shouldn't exist.
The 16th amendment gave no new taxing power to the government. - U.S. Supreme Court.
The 16th amendment gave no new taxing power to the government. - U.S. Supreme Court.