Flat Tax It Could Work

Flat Tax It Could Work



Flat Tax,​ It Could Work!
With great expectations for the​ coming year,​ I​ have begu​n thinking about that great annual past time,​ the​ dreaded Tax Return!
Like so many other good citizens from this great country of​ ours,​ I​ will leave it​ to​ the​ very last moment to​ mail off this year’s tax return .​
Last year I​ promised myself that this year would be different .​
I​ would make a​ conscious effort to​ get them off before that last minute rush.
In this day and age,​ is​ this really the​ best system our great and wonderful leaders can come up with? After all,​ we now live in​ a​ world that allows a​ satellite,​ miles above us,​ to​ read a​ licence plate .​
We can get the​ worldwide web on​ our cell phone; download TV programs that we may have missed (or just want to​ save onto our iPods).
Our original tax laws were introduced in​ 1913; they were simple and very easy to​ understand .​
We had tax brackets ranging from 1 to​ 7 percent; a​ far cry from today’s levels .​
the​ IRS tax codes,​ regulations,​ and guidelines,​ now have well over 9 million words! It's no wonder there's so much confusion .​
is​ there anyone out there who really understands this monster?
Let’s put this into some form of​ perspective:
The Declaration of​ Independence has a​ little more than 1300 words the​ Constitution,​ which has served us well for more than 200 years,​ comes in​ around 5000 words the​ Holy Bible makes do with less than 800,​000 words.
The Office of​ Management & Budget estimated in​ 2004,​ that as​ a​ nation we spent over $200 billion on​ compliance cost .​
At a​ time when the​ nations manufacturing industries,​ (the foundation of​ any good economy),​ are all struggling against cheaper imports,​ shouldn’t our leaders be using that money to​ create Jobs for their citizens? Most experts agree that $200 billion would create well over 3 million jobs,​ which of​ course creates sales of​ consumable goods,​ which creates more jobs,​ and sales taxes,​ at​ the​ state level.
From the​ moment we wake up in​ the​ morning we are being hit by taxes .​
Everyone wants some of​ our hard-earned money .​
Turn on​ the​ lights (electricity taxes); run the​ shower (utility taxes); and my personal favorite,​ the​ telephone taxes,​ all 6 million of​ them,​ (that's what it​ seems to​ me every time I​ receive a​ telephone bill) .​
We are so programmed to​ paying them that we really don't take any notice any more.
Has the​ time come for a​ simple Flat Rate Tax,​ something we (the people) can ALL understand? There are many countries,​ all over the​ world,​ who have used this simple-to-understand,​ and cost effective way,​ of​ collecting taxes to​ revitalize their economies .​
Let's just imagine for a​ moment: what would it​ be like if​ we could complete our tax returns on​ one simple piece of​ paper?
A Flat Rate Tax for individuals,​ and a​ Flat Rate Tax for businesses .​
the​ same rules applying to​ all,​ regardless of​ the​ size of​ income .​
All of​ us paying the​ same rate .​
Most of​ the​ successful countries have levied Flat Rate Taxes of​ less than 17%,​ with a​ starting level that protects the​ lower income groups.
Could life ever be that simple again? the​ real question here is,​ would our leaders really want us to​ understand what they were up to? And then,​ there are the​ lobbyists’ .​
Oh well,​ the​ daydream was nice while it​ lasted.
Benjamin Franklin once said in​ this world nothing can be said to​ be certain,​ except death and taxes.
Have an​ opinion or​ a​ question you​ would like me to​ answer,​ then write to​ me!
Your Money Matters by Carl Hampton
From the​ Author of​ From Credit Despair to​ Credit Millionaire.




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