I still like Senator Cruz Tax plan. Eliminate the IRS and 10% across the board. Sure would be easy
Me too!! But pipe dream unfortunately.
I am always amazed at the folks that think you can actually do away with the IRS.
Do you really think everyone will all of a sudden become honest and pay their taxes?
That's why a set sales tax (fair tax) on purchases across the board is a much better proposition.
Wrong again. The States have sales tax auditors all over the country trying to get businesses to pay their sales taxes. I would estimate that Alabama alone misses out on collecting at least 1/2 BILLION annually. So what makes you think everyone will pay it on the national level?
I imagine that it would be easier to police the 28 million or so businesses than it would be to police all those businesses PLUS the hundred or so million individual taxpayers in the US...especially after eliminating all the layers of tax code.
Yes and no. Most individuals don't hire lawyers to fight their cases. Big businesses keep them on staff to fight tax issues. The creation of the LLC has been a tax administrative nightmare. They come and go with the wind.
