Tuesday, April 04, 2006

It’s coming …. The most wonderful time of the year… April 15th

So the plot is to have a flat rate income tax… everyone pays a straight percentage of their income. This sounds too simple and it is if you have a simple mind. When I look at this concept I keep coming up stubbing my toe.
This simple fair-minded plan really looks good on the outside but think of all the problems it would start. Consider the "what abouts", the poor and under privileged who aren’t in a position to pay taxes, i.e. Ricky Williams, he’s in treatment or Donald Trump, who doesn’t have the time to pay, he’s to busy.

With a flat rate our unemployment figures would jump off the charts… tax attorneys, CPAs and accountants would be throwing themselves out of basement windows. Their unemployment lines would circle the block many a time. Also the paper and printing industry would suffer a huge recession throwing Wall Street into a panic – down we go!

Second, the words every person comes into play. You know right out of the block there would be exemptions. When congress would first starting writing such a change they would be first in line to dodge the tax. They would also exempt every federal employee, followed by every lobbyist that contributed to his or her re-election fund.

Then there would be a percentage discount from the flat rate if you a shirttail member of his or her family or had the identical last name.
This would also hold true if you were left-handed or had the same hair color!
Do you see where this is headed? Right, the road to hell is paved with good intentions.

Just sign your 1040 and the accompanying check and smile or move to Columbia with your hidden funds in a carryon…and I don’t mean Columbia South Carolina.

3 Comments:

At 3:55 PM, Anonymous Anonymous said...

If you meant Colombia the country, all you'd have to do is spell it correctly, with an 'o', and we'd know the difference.

 
At 6:45 PM, Blogger Up North said...

No, South Carolina!

 
At 6:46 PM, Blogger Up North said...

No, South Carolina!

 

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