Showing 3 ideas for tag "reform tax code"

Department of the Treasury

Cut the Red Tape - Encourage Job Creation

Community Member kudos icon + Community member

If the tax code was turned into a flat rate for personal income tax (no capital gains either) and we had no Federal corporate tax, imagine that we wouldn't have any trouble getting enough jobs in America. I imagine that one way or another, Americans are already paying the corporate taxes through increased prices so everything would balance out in the long run.

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Legislative Branch

Mandate the Tax Code be limited to no more than 300 pages!

Community Member kudos icon + Community member
The tax code has gotten out of hand and recently shown it receives more changes per year than the watchdogs can keep track of. Simplify it and mandate that a simple tax code cannot be longer than a specified number of pages. If they can't get it done in 300 pages, they should look at the first tax code and everyone since to see how that got out of hand. Lobbiests and Congress are the culprits. Make government simple,... more »

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Department of Defense

Tax Reform

Community Member kudos icon + Community member
The Idea is simple Tax Reform, 1. Implement a flat tax, flat sales tax for America and American Businesses (E.g. “We the People” have the same taxes). This would go a long way in solving our National Debt and level the playing field for all Americans. For example EXXON reported third quarter profits of $131.13 Billion Dollars, at a hypothetical 10% tax rate that would be $13.14 Billion Dollars in Our Countries Coffers,... more »

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