Institute a flat tax percentage for all individuals regardless of income level.
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.
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 »
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.
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.
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.