No More Income Tax

NONE

You invest in a home. You pay for it and you pay the taxes, every year as long as you own it. The longer you own it, the more its value goes up: so do your taxes. Same with your wages, the more they go up, the more taxes you pay.

Let’s start with $10,000. I pay taxes on the $10,000 I earn. I put it in the bank and pay taxes on the interest it draws…indefinitely. I give the $10,000 to my child, they pay taxes on it AND the interest it receives as long as they have it in the bank.

You buy a car for $10,000. You pay sales tax on it, get a driver’s license (tax), pay tax on the gas you put in it, and you buy license plates (more taxes) every year as long as you have it. If you sell it at a profit, you must pay tax on the profit you made on it. (The buyer then pays sales tax on the car you sold him.) Every time that car gets sold, it gets taxed over and over and over, all the way to the junkyard.

You pay road use tax on the gas you use in your lawnmower, chain saw, boat motor, garden tractor and weed eater. (Is that fair?) We have cigarettes and alcohol that everyone says are costing us billions in health care and deaths. Does our government do anything about it? Hell no, our country would go broke tomorrow if it lost the tax revenue on cigarettes and alcohol.

Taxes are raised and created by politicians for the purpose of getting large amounts of money in the pot, so they can spend large amounts of money from the pot: money for their high salaries, benefits, and retirement, and money for the people who put them in office.

Who pays very little if any taxes? Prostitutes, drug dealers, thieves, embezzlers, politicians and other crooks. If these people paid taxes, we wouldn’t have so many taxes. All we need is a NATIONAL SALES TAX! No state taxes, no city taxes, no federal income taxes and no other taxes.

Let those who have the money pay taxes with purchases. The drug dealer who buys a Rolls Royce pays 10%. The corporation that buys the yacht pays 10%, and the thief who buys a Florida condo also pays 10%. The poor person who buys a smaller item will naturally pay a smaller amount. Rich people will then pay their fair share. (And so will corporations.) I don’t think it will happen, as the government would lose the ability to see what each and every one of us makes, where we bank, and all the personal and financial information that we have to put on an IRS form.

No more tax returns, no withholding and no IRS, and EVERYONE would pay according to what they spend. People on small incomes would pay small taxes, and rich people would pay taxes on what they buy, no matter where or how they got the money. Even people who gain their money illegally – drug dealers, bribed politicians and hookers would be paying their fair share. We’d have to work out some details, but somehow this makes sense, doesn’t it?

Tom “Road” Blair

Website: www.tomroadblair.com

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