(My new American Thinker post)
Before you send me a comment that I'm being "too easy" on
Obama, let me say this:
1) I don't like Obama; and,
2) Impeachment will take care of itself. In other words, President Obama will be forced to resign if the evidence connects the IRS scandal to the Oval Office.
My objective is to use this scandal to teach the American people that there is a better way to collect taxes, i.e. some form of a consumption or flat tax!
Can we imagine a world without the IRS? Yes we can!
First, eliminating the IRS would delete the 70,000 tax code. And you thought that ObamaCare's 2,500 page bill was too long?
Second, Russia, or the place we used to call the USSR and the birthplace of communism, has recently implemented a 13% flat tax. The net result is more revenue and a stronger economy.
Third, you will eliminate tax brackets & confusing forms, as Daniel Mitchell of the Cato Institute wrote:
"Instead of the hundreds of forms required by the IRS, the flat tax uses two simple postcards. Families use the household postcard, and all they need to know is their labor income, available on a W-2 form. They then subtract an allowance based on family size. The remaining amount is taxable income, and the tax bill is based on the flat rate. The business postcard is equally simple. All businesses, from Microsoft to a hot dog stand (as well as individuals with "Schedule C" income), start with total revenues, and then calculate taxable income by subtracting wage costs, input costs, and investment costs. The IRS then gets a flat percentage of that remaining amount."
The Obama administration has given us a wonderful opportunity to shut down the IRS and replace it with something simple and better.
Again, my advice to conservatives is to go after the IRS because impeachment, or a potential presidential resignation, will take care of itself.
P.S. We spoke with Dr Ileana Johnson-Paugh, author & economist, about the flat tax in Friday's show.
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