Legislative Branch

Eliminate deductions and loopholes pass a flat tax!

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 $4,500 through payroll deductions therefore you are indebted for $1,500. Please submit $1,500 to the IRS by April 15th. If you pay this amount by April 15th there will be no penalty assessed. Interest will be charged at 10% APR after April 15th on any remaining balance. Thank you for supporting your government. Buy American. Think of all the paper we would save in tax returns, tax forms, mailing from various institutions and governmental agencies. The flat tax could be from 10% to 25%, for businesses and corporations alike. Most anyone can calculate a percentage. Eliminating the need for software, tax “specialists”, lawyers, CPA’s to be hired by the government to solve the current tax problems. They can be utilized in the fraud section and recoupment department. My idea is to pass a flat tax for all people and businesses that earn an income in the United States of America.

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Idea No. 2388