Department of the Treasury

Showing 6 ideas for tag "millionaires"
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Department of the Treasury

IRS project -100,000 tax preparers who failed to register.

As of today, 100,000 tax preparers have fail to the new registration requirement imposed by the IRS. The service should prioritize the review and examinations these non registrars and question the returns that they prepare. This would show our dedication to transparency. There is more of a chance tax preparers who are not registered, to be less compliance than other registered CPAs , tax attorneys, and registered preparers.... 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 the Treasury

Federal Income Tax

Most if not all American's hate paying federal income tax and would love to eliminate federal tax, but what is the answer?
The answer is to establish a federal lottery commission similar to what most states have such as the State of Texas. This would require the establishment of a Federal Lottery Commission to manage and oversee this effort. Most individuals would argue that this establishes another federal agency requiring... more »

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Department of the Treasury

IRS overload - show me the money

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 »

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Department of the Treasury

IRS / Flat Tax

Dismantle the IRS, impose a flat tax; shrinks the size of the Federal Government, simplifies the tax code, saves unfathomable amounts of paper (goes green), saves taxpayers countless hours of frustration and wasted time, saves money, increases tax revenues. This historic change would be lauded for decades. Stand up against the lobbyists that would try to block this historic and transformation advance.

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Department of the Treasury

flat taxes and buy bonds on gross earnings

Federal Tax - For people making between $0 – $1M, pay 5% of the gross earnings for every paycheck we get directly to the Federal government. Also, buy (about) 5% of the gross earnings in Treasury Bonds, not redeemable for 5 years. This will be our “rainy day” fund to pay for natural disasters, to pay for wars, to pay for energy/ education/ infrastructure/ humanitarian services, to pay for reducing the National Debt,... more »

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