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Tuesday, May 4, 2021

Only fair tax is a flat tax.

 WHO DETERMINES SOMEONE'S FAIR SHARE?

TAXES ARE ALSO A POLITICAL WEAPON



We continue to hear the term FAIR SHARE, a very vague term. It is always coupled with stories of wealthy individuals or corporations who have paid a low or no tax amount. If anyone is legally paying no taxes it is the fault of the same politicians who continue to use the term fair.

These same politicians like the present president, Schumer in the senate and Pelosi in the house, have been writing tax laws for decades. They have always allowed exemptions and cutouts for their favored allies. The tax laws are an abomination of bureaucratic corruption. They all made it so and will continue to do the same.

The only fair tax is a flat tax, same rate paid by everyone, without exemptions, credits and special rates for favored business's. Everyone should pay some tax. Yes, everyone, maybe the first 10,000 should be exempt, then the same rate for everyone. Everyone needs to have an equal stake in the system. What we have now is the ability of the politicians to divide the country and claim they are going to tax only the wealthy. Not revealing that it will cost everyone in one way or another. At the same time they will put in the clauses that allow their favorites to reduce their taxes.

The present system is a nightmare of intended bureaucratic complication. A flat tax without exemptions would eliminate billions of government enforcement costs and billions that taxpayers pay to do their taxes. It would be very simple and the fairest system of them all.

At present they are again talking about raising the individual rate to 39+ percent, it is a disgrace that anyone should be expected to give 40% of their income to government. Add their other taxes and they are all giving more than 50% of their income. I believe this is the historical percentage for sharecroppers. A flat tax could be much lower and possibly increase revenue.  The effective tax rate would be the advertised tax rate, not a floating number determined by political considerations.

The whole premise of controlling behaviour through the tax law should be rejected by all Americans, it is the most unfair system of them all. Taxes should be there to pay for the basic functions of government, not to influence behaviour, which we can see has been a dismal failure. Look what government manipulation has created. Chaos.and a distrust of almost all their manipulation.

The tax system has been used to divide Americans. I suspect it will soon be used to punish those not favored by the ruling elite. It is time we had a fair system that treats all Americans equally.






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