Move to a flat tax on all income. Wages, dividends, capital gains, everything. This would almost eliminate the need for extensive oversight by the IRS, dramatically reduce errors on returns and would save bucket loads of money in adminstrative costs.
Change the tax laws to a flat tax of 10%. Eliminate all deductions, credits, subsidies and everything else that someone can write off. This makes it fair for everyone, and has the potential to get companies to come back to America to produce their products. It also frees up the IRS to go after people who don't pay taxes, instead of disbursing millions of dollars in refunds that shouldn't be disbursed.
Examiners of all disciplines ( International Revenue Agents, Engineers, Economists, Financial Products) should make a video of their most non compliant issues - not naming taxpayers of course. Or explain the process of auditing large corporations including the appeals process. List how difficult the tax law has become. How long an audit of taxpayers with over $10 million assets takes an IRS team. Get the public on board... more »
Create a flat tax for everyone with no loop holes, exemptions, or tax breaks.
Reduce the size of the IRS by at least one half of current staffing, associated offices, and vehicles.
This would create a vast resource of monies for government and remove the associated bureaucracies that weigh this great nation down. It would be a very positive step in getting our nation out of the massive debt crisis.
Dear Mr. Jones, IRS records indicate that you earned $30,000 in income. 20% of that is $6,000. Our records indicate that you have contributed $6,000 through payroll deductions therefore you have paid your taxes this year. Thank you for supporting your government. Buy American. Or Dear Mr. Jones, IRS records indicate that you earned $30,000 in income. 20% of that is $6,000. Our records indicate that you have contributed... more »
Restructure the US Tax code and revenue collection systems The Obamacare health care bill alone added some 30,000 IRS agents; their salaries alone would be millions of dollars per year and that is just the tip of the iceberg. While it is important for taxes to be collected, our current system is a drain on time, economic resources, and complicates social issues. The government should switch to a flat tax of 18%. Filing... more »
Institute a flat tax percentage for all individuals regardless of income level.