Quote From: queentweenOk, about the IRS. First of all, if you looked at the amount of money it takes to simply run the IRS as badly as they do, you would see that very little money actually enters the US coffers- the country is run on fines, fees and interest. I believe that if we instituted a transactional tax and did away with an income based tax- which would only collect tax when someone buys something- we would all have more money. IT would also be far more fair because people with more money buy more things, and hence would pay more tax. Imported goods would need to be taxed more heavily, especially luxury items, to encourage people to buy American and stimulate the job market. The money that people DIDN'T have to pay in income tax, would be used in one of only 2 ways- saved or spent. Saved would mean that there would be more domestic money available for Americans to borrow, and interest paid directly to the citizens, or Spent, which would create jobs and industry. BUT since the rich don't pay their taxes -ask Leona Helmsley-due to tax shelters, exemptions, etc, they are never going to encourage this. Yes, a transactional tax would have to be steep, but since we would have more money from not paying income tax, it would more than even things out......hey, I think the American gov't should give each taxpayer who makes less than 100K a year a check for 10,000 that they had to spend within one year- can you imagine all the purchases made, jobs created, loans paid off and more money in circulation?????
Hi there, I like your idea, but that is probably way too simple. LOL But my problem with the IRS is the fact that they made a mistake, not me. They sent me one of their nasty threatening letters on a transaction that was already done, sent in, paid in full.......what ever. They did not bother to look at my account to see what activity had taken place, because if they had, they would have seen that there was a note on my account to the fact that my papers had been received almost 3 weeks before this time. I have been searching the web for almost 3 weeks now and I have yet to find a place to file a complaint. I can find all sorts of agencies or websights that "might" be able to help or I send an email and never hear back. People need to stop being affraid of the IRS. I know they can ruin your life, but this time this is thier screw up and they need to face the music just the same as we do when something goes wrong. But the way I am seeing it, they screwed up, so they can just retreat and hide. I call fowl on this one. If anyone that reads this knows of an avenue for me to use, I would love to hear it. They made me very mad and having a nice day did not happen that day and I just don't think I needed to be put through that.
Thanks and have a great weekend. Pray for the people in Louisiana and Mississippi!
NOrma