Showing 21 ideas for tag "tax"
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Social Security Administration

Form W-4v

We currently at Social Security Administration 800# number send out form IRS w-4v (Request for change in voluntary tax witholding) to those who request witholding over the phone. When we recieve the form back at the 800# number, we input the witholding. It would save money, time, and postage if after we properly and securely identify callers like we already do each time we make a change in a Social Security record, that... more »

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Legislative Branch

Put a monthly cap on SSA payments to families with children

Currently hard-working Americans who pay Social Security taxes have a cap on the maximum payable to their family. But a family receiving SSI payments can receive an unlimited amount of monthly payments because there is no cap on payments to households with children receiving SSI. I know of cases where SSI families receive much more than the maximum paid to tax-paying Social Security beneficiaries. This seems patently... more »

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Department of the Treasury

Simplify the Internal Revenue Code

As we see in the media recently, Congress and the Taxpayer Advocate all agree that the code needs to be simplified. It is too confusing to follow or enforce. Simplifing the code will reduce true inadvertent errors by taxpayers. It will reduce audit cycle times because things won't be quite as complicated. Reducing audit cycle time lets more audits be conducted which increases overall compliance or it allows for staffing... more »

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Department of Homeland Security

Stop Minting Penny and Nickel

Call it the Small Change Act, the most a person would ever have to contribute on a single transaction would be 9 cents.

I once read that the cost of making the penny and nickel, both outweigh the actual value of the coin.

My proposal is similar to what some banks are starting to offer, in a keep the change program.

On all *CASH* purchases, the total price, after sales tax, would be rounded up to the nearest amount,... more »

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Department of Homeland Security

Import Tax or Tariff Schedule Change

The United States have some of the lowest tariff rates of any country in the world, and obviously so, because we have become a consumer nation and not as much of a producer nation, which is a whole other issue.

Raise the import taxes by 2%, 1% or even a fraction of a percentage, and it would be a significantly increase the revenue, and would not prevent large corporations from importing, and manufacturing items overseas.... more »

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Department of Agriculture

Surtax corn used for junk food and subsidize Fruits & Vegetables

Most junk food is made from corn byproducts. Most junk food is also cheaper to purchase than healthier food options (like fruits and vegetables). This is not a coincidence. Corn is cheap because it is subsidized by the government. Thus, the government is indirectly lowering the price of junk food at the supermarket by subsidizing corn.

The corn subsidy to farmers should not be reduced or eliminated. Instead, surtax equal... more »

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Department of the Treasury

Flat Tax and Reduce the IRS

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.

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Department of Housing and Urban Development

switch from Income Tax to Consumption tax

It has been proven that consumption taxes are more efficient than income taxes. This was, we get nearly all of the pay, in which we earn, but the things we buy become a little more expensive.

If our pay checks become higher, we have a higher incentive to spend. People will spend more of their savings and consumption will increase, which will ultimately increase revenue from taxes.

This way, the rich don't get their... more »

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Department of Defense

Why do we socialize gasoline??

Truth: Gas only costs in dollars a quarter of what it costs society. The rest is socialized through income taxes to pay for roads, DOD protection, increased health care, and the list goes on. Conversely, capitalism teaches that we should most closely align our costs with our usage. So really these things ought to be paid by the fuel tax.
You may flinch at the thought of $20 gas, BUT keep in mind that for the median income,... more »

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Department of the Treasury

Campaign Ads that help Social Security

Why not tax all campaign ads (or all campaign ads above some set limit), and have all proceeds go to support Social Security and Medicare. If the rich and elite can spend millions of dollars to get elected to a federal office than why can't some of these funds go to support those constituents they wish to represent. The more you spend on campaign ads (TV, radio, paper, etc.) the more you contribute.

Better yet, vary... more »

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Financial Reform

Allow individuals to invest in their portion of national debt.

The reward being that their annual taxes would be lowered by the amount (currently ~12% and growing) it takes just to pay interest. Obviously, if you pay ahead, you are no longer responsible for that debt interest. As an investment, it makes complete sense for anyone who can begin to do this. We don't have enough M1 or even M3 money lying around to tackle the whole debt problem, but working our way out through what I... more »

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Department of the Treasury

Tax Fee on Children

Do away with the tax credit for children, and let the IRS should start charging a substantial income tax fee on each child under 18 years of age. The tax fee should go up with each additional child born. Maybe this will help curb our population problem now before we get like China and have a mandatory chilld limit due to massive overpopulation. After all, no politician wants to say to the American public, that they... more »

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Legislative Branch

Stop making parts of programs that have nothing to do with it.

When the Obamacare package came up and I heard it was 2500 pages long, it made me wonder how long a bill can really be. So I started reading some of it, and quite frankly I was rather upset. Many many portions of the bill had nothing to do with healthcare, but rather it gave money to states for other things. So, really the US government needs to stop bassing bills with all those extras, and also needs to amend bills... more »

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