Save our economy by abolishing the IRS, making taxation voluntary
The following plan will create millions of jobs for the unemployed. Everyone will pay their fair share of federal taxes (including the 47 percent that now pay no federal income tax) with a break for the poor and the unemployed. The rich will pay more taxes without being forced to pay more and anyone can pay no taxes if they choose to do so.
The plan: Abolish the IRS and replace the entire federal tax system with a national sales tax of 10 percent to 18 percent on all consumer goods (except for food, soap, toilet paper, diapers, medications and used/donated goods sold in thrift stores). Anyone could choose to pay no federal tax by not buying any of the following consumer goods:
Soda pop, candy, cosmetics, jewelry, electronics, clothes, cigarettes, beer, liquor and legalized marijuana would be taxed. The sales tax would also be imposed on all new and used, cars, boats, SUV’s, pickup trucks, motorcycles, boats, airplanes and houses sold for the end use of the consumer.
Income from investments, rental property, apartments, farms, stores, a factory or a business would not be taxed. Income from an inheritance or from capital gains would also not be taxed. Those who receive income from any of the above sources, however, will pay taxes if they buy consumer goods that will be taxed at the 10 percent to 18 percent rate.
General Electric and all corporations that do not pay taxes will pay taxes indirectly because their employees will buy goods and pay the 10 percent to 18 consumer sales tax.
If rich men reinvest all of their profits and hire more and more workers to make more and more money, then both rich and poor benefit. Rich people who want to get richer by not paying taxes could save our economy by making jobs for the unemployed who would increase the tax base by paying taxes instead of receiving food stamps or welfare.
Voluntary taxation and no federal income tax will bring back jobs from overseas. It will bless both rich and poor and lead to full employment. Such a stimulus to the economy will be a godsend to save the country we love. (See also: saveusa.biz).
Darrell Stoddard, Provo


