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Laws....all laws, including tax laws
influence and modify peoples behavior.
Unfortunately elected politicians and
the people that influence them the most know this.
Tax laws, should influence those with
the most influence, to lower taxes and spending.
Make everyone pay for the entire
cost of government equally.
That would make those with the most influence, push for lower taxes and less government spending.
Start by adding all of the taxes paid
by the average household income.
Including all of the taxes that are in all of the products we buy.
All Federal, State and local tax.
(Since the average household uses everything they make...just to survive...then we must include all of the taxes that are built into every product we buy.
All the taxes included in all products from start to finish.
Including all taxes on employees during production, include all
taxes on the parts and materials used in the manufacture of larger
products, gasoline tax included in the transport of products during
manufacturing and delivery of products, all the taxes on every nut
bolt and screw, everything in every product that people buy. Gasoline tax individuals pay, gift tax etc etc etc. All
taxes in everything that contribute to the prices of everything the
average American uses.)
Each State would have different rates
based on their state tax rates.
After all the taxes are calculated
that the average household pays...
determine the percentage of their
entire income and that will be the Base Tax Rate that Household
pays.
With one exception. If the head of household has a spouse and
file jointly, they double the amount allowed earnings before they
pay tax.
All income up to the average
household income (or 2 times that amount if married) will not be
subject to Federal taxes. All earnings above the average household
income will be taxed at that percentage rate.
Additionally any money earned as Royalties will be taxed at the normal rate and the remaining amount will be taxed again. (Because they are being paid repeatedly for the same job. Other citizens dont get paid repeatedly every time someone uses a product that they were involved in the production.)
No deductions. No credits. Nothing.
That is the rate that everyone will pay.
Tax laws should not be used to modify
behavior.
I do not know what the true tax rate
is for the average household It might only be 30%.
I believe it is closer to 65%
Why and what will this do?
It would cause the very rich and powerful....to use
their power and influence....to encourage politicians to reduce taxes and
spending.
That would reduce the percentage rate that the average
household pays.
When the money supply stays the same
and competition and productivity increases,
Inflation to a large degree is caused
by the increase in the money supply by the Federal Government.
When the Government spends less and
lowers taxes...people will have more money and prices generally go
down.
After this tax plan is started, idled IRS employees will be encouraged find employers that hire people that are here illegally.
They could receive a small percentage of the fines levied against illegal employers and the remainder of the fines would go
to the Restore America Fund and be distributed quarterly.
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