Local Real Estate Comments and Ramblings

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Does anybody understand our taxes?

Do we need to simplify our tax code? Does anybody really understand our curretn system of taxation?  I think this guy can explain it.  As the head of the department of Treasury (including the IRS) I'm sure he gets it ... right?



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Comment balloon 11 commentsBob Southard • February 09 2009 07:57AM

Comments

It's time for Congress to wake up and start taxing consumption and not income. Think of the potential impact on getting us out of the currrent recession and basing taxes FAIRLY. I realize that the federal government needs income...this will not only give them an increase, but all of us would have choices on how to allocate our income. If you don't believe it, read the book (The Fair Tax) or visit www.fairtax.org for details.

Bob, THANKS for posting this for all ActiveRain REALTORS to see!

Posted by Randy J. Mohr, ABR (Green Parachute, LLC) almost 11 years ago

Bob - The FairTax is the best stimulus plan for our country. But the federal government will not do anything to make this happen. Unless we as citizens apply pressure to our Representatives and Senators at both the state and federal levels.

Featured on Blatant Politics

Posted by x Bye Bye, Delete Account (x) almost 11 years ago

I love the idea but I do not see the current crop going for it.

Posted by Kevin Robinson, Fractional Developer almost 11 years ago

The tax code has been used to influence our behavior ever since its inception. It is as much a social modification tool as it is a tool for income. They like the control that they can exert through the current system. Their power to control would be much less with a Fair Tax and that is why they won't do it and that is exactly why we should force them to.

Posted by Es r (CSR) almost 11 years ago

If your Representative or Senator is not a supporter of the FairTax call them.

Here is a link for this Congress' FairTax Report Card.

Posted by x Bye Bye, Delete Account (x) almost 11 years ago
Bravo Bob - Thanks for the post. Our tax system is beyond broken.
Posted by Greg Miller, Florida Home Loans - Conventional,FHA,USDA,VA (Ruoff Home Mortgage ) almost 11 years ago

I hate knowing that when I start my own small business I'm going to be unfairly taxed because "it's bad that I'm making too much money." The Fair Tax definitely needs to replace what we call our fair and balanced tax system. -Kat

Posted by Kat Malone almost 11 years ago

Thanks everybody for the great comments!  I have a few more posts in mind regarding the Fair tax. I am just sick of politicians from BOTH parties uses the tax code for class warfare and vote buying.

Posted by Bob Southard, e-Pro - Cobb, Cherokee, North Fulton (Atlas Realty Service, LLC) almost 11 years ago

I think that I understand our taxes. Lie cheat and steal and then you will get appointed to a high office be a Democrat.

Posted by Kevin Robinson, Fractional Developer almost 11 years ago

It sure would be nice to see the Fair Tax implemented.  So much productive time and energy is wasted on accounting and tax records every year. Not to mention billions of dollars are paid to tax preparers to have them figure out what is owed. 

As for our new Treasury Secretary, he is a complete embarassment to himself and the Obama administration.  As far as I'm concerned this guy should be doing some prison time for tax evasion instead of being reward with a Cabinet position.

Posted by Rob Arnold, Metro Orlando Full Service - Investor Friendly & F (Sand Dollar Realty Group, Inc.) over 10 years ago

Bob- We must take our country back!! I have heard commentary on the fair tax -vs- flat tax. I would love your opinion. I am just trying to get educated.

Thank you for the post!!

Posted by Alice Linahan (Voices Empower ) over 10 years ago

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