The Domestics - Part Three: Taxes

Taxes

It’s high time we simplified the tax code. We spend millions every year just paying people to try and make sense of it. Literally billions of dollars of money that should be returned to our citizens is lost because they don’t claim it. That’s money stolen from the hands of the people. Further, the difficult tax code stifles foreign investment. It might just be that America already is an inviting place for investment, but companies that have to spend thousands of dollars just to understand the ground rules before they even invest in America will look elsewhere for somewhere easier to break into. It also works against the small business owner. I think it’s time to experiment with, and possibly slowly phase in a national sales tax, and get rid of all payroll taxes and corporate taxes. Corporate taxes are an illusion anyway. Costs from corporate taxes are passed down to the consumer through price increases, which effectively leaves consumers paying twice, once out of their paychecks and once at the cash register. Cut those taxes and make American companies more competitive. At the same time this will bring in more income as all purchases made in the US will bring in tax money, which means a consumer driven economy can only enrich the coffers, and further, non-US citizens will be contributing as well with every purchase they make. It’s the ultimate way to make sure Americans have total control over what taxes they pay, with every purchase they make. If we simplify the tax code, we can make the country more efficient, give the people more control over their lives, and make America more competitive in the world economy. If it turns out it isn’t a good enough replacement for payroll taxes, then we lose nothing in trying, but the system as it stands is too convoluted and weighs down on our economy and our lives. We earn our money, we work our whole lives, work ourselves to death sometimes, and we should have more control of the money we make. Government spends too much, and it takes too much, and it’s time for a change. I fear that a sales tax would become a burden on the poor, who already pay next to nothing in taxes. This only makes sense if, like proponents of the national sales tax say, the price of all goods drops and the national sales taxes rises, equaling out to nearly the same price things currently stand at. Should this fail, I suggest just simplifying the tax code in general, and looking at other ways of coming up with a fair way to fund the government.

This one is short, but the next one, on Energy, will be the longest yet.