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Thread: Kevin Brady promises the same old kabuki dance on tax reform!

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  1. #1
    Senior Member johnwk's Avatar
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    Kevin Brady promises the same old kabuki dance on tax reform!

    .



    See: Trump may get tax reform bill by year's end, Rep. Brady says

    ”On Thursday the “Big Six,” top GOP tax reform leaders in Congress and the Trump administration -- including Brady, Senate Majority Leader Mitch McConnell of Kentucky, Senate Finance Committee chairman Orrin Hatch from Utah, National Economic Council Director Gary Cohn and Treasury Secretary Steven Mnuchin -- issued a joint statement on their strategy for changing the U.S. tax code. Most notably, the group agreed to drop the proposed border adjustment tax -- which would have allowed the government to slap fees on companies importing goods -- from the new plan.”

    As long as these scoundrels keep alive a “tax code” allowing Congress to lay and collect taxes calculated from profits, gains, wage, tips and other lawfully earned “incomes”, there is no “tax reform”!

    Is it not a fact the taxes calculated from profits, gains, salaries, wages, tips, and other lawfully earned “incomes” are used to generate class warfare and to divide the people while picking the people’s pockets? Is it not a fact that our current system of taxation is specifically used to redistribute wealth from the productive to a government created dependent voting block which prostitutes its vote for free government cheese? Is the power to tax “incomes” not used as a political weapon to punish those who dare to speak out against the Washington Establishment and flagrantly used by our Washington Establishment to reward political friends and punish its enemies?

    If there was ever one thing which could actually bring America’s businesses, investors and hardworking wage earners together in a unified political movement it would definitely be tax reform, but only if it is designed to remove the iron fist of government from the necks of the American People, provide sufficient taxing power to meet Congress constitutionally authorized functions, and the “reform” would hold members of Congress immediately accountable when it engages in deficit spending. Is there such a tax plan? You bet there is and it was created by our Founding Fathers. So, let us review tax reform, our Founders’ way.

    The Fair Share Balanced Budget Amendment


    “SECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money.


    NOTE: these words would return us to our founding father’s ORIGINAL TAX PLAN as they intended it to operate! They would also end the failed experiment with allowing Congress to lay and collect taxes calculated from lawfully earned "incomes" which now oppresses America‘s economic engine and robs the bread which working people have earned when selling their labor!


    "SECTION 2. Congress ought not raise money by borrowing, but when the money arising from imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress has raised money by borrowing during the course of a fiscal year, Congress shall then lay a direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the preceding fiscal year's deficit, and apply the revenue so raised to extinguishing said deficit."


    NOTE: Congress is to raise its primary revenue from imposts and duties, [taxes at our water’s edge], and may also lay miscellaneous internal excise taxes on specifically chosen articles of consumption. But if Congress borrows and spends more than is brought in from imposts, duties and miscellaneous excise taxes during the course of a fiscal year, then, and only then, is the apportioned tax to be laid.


    "SECTION 3. When Congress is required to lay a direct tax in accordance with Section 1 of this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate each State's apportioned share of the total sum being raised by dividing its total population size by the total population of the united states and multiplying that figure by the total being raised by Congress, and then provide the various State Congressional Delegations with a Bill notifying their State’s Executive and Legislature of its share of the total tax being collected and a final date by which said tax shall be paid into the United States Treasury."


    NOTE: our founder’s fair share formula to extinguish an annual deficit would be:


    States’ population

    ---------------------------- X SUM TO BE RAISED = STATE’S FAIR SHARE

    Total U.S. Population


    The above formula, as intended by our founding fathers, is to insure that the people of each state, whenever Congress lays a direct tax, shall contribute a share of a total sum being raised which is proportionately equal to its representation in Congress i.e., representation with a proportional financial obligation!



    Note also that each State’s number or Representatives, under our Constitution, is also determined by the rule of apportionment:


    State`s Pop.
    ------------------- X House size (435) = State`s No. of Representatives
    U.S. Pop.



    "SECTION 4. Each State shall be free to assume and pay its quota of the direct tax into the United States Treasury by a final date set by Congress, but if any State shall refuse or neglect to pay its quota, then Congress shall send forth its officers to assess and levy such State's proportion against the real property within the State with interest thereon at the rate of ((?)) per cent per annum, and against the individual owners of the taxable property. Provision shall be made for a 15% discount for those States paying their share by ((?))of the fiscal year in which the tax is laid, and a 10% discount for States paying by the final date set by Congress, such discount being to defray the States' cost of collection."


    NOTE: This section respects the Tenth Amendment and allows each state to raise its share in its own chosen way in a time period set by Congress, but also allows the federal government to enter a state and collect the tax if a state is delinquent in meeting its obligation.


    "SECTION 5. This Amendment to the Constitution, when ratified by the required number of States, shall take effect no later than (?) years after the required number of States have ratified it.


    JWK


    “…..with all these blessings, what more is necessary to make us a happy and a prosperous people? Still one thing more, fellow-citizens—a wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our felicities“. Thomas Jefferson, First Inaugural Address

  2. #2
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    Sounds good.

    We need to look at the big picture, though. We tend to think of welfare as the ones getting 'cheese'. That is a huge cost. The main cost is the price of 4, maybe more, generations in this country living off taxpayer money. This breeds all manner of ills- crime, unhealthy bodies and minds, etc.

    We need to think of all the many places our tax dollars are being misused.

    Cut out all foreign aid, except humanitarian aid- when truly needed - and that directly to the people.

    No more monies to NGO's - and especially no more monies to churches - none whatsoever.

    Send the illegals home -

    Seriously rethink our legal immigration program. Why should we bring people into this country and put them on welfare. That makes no sense.

    Then let's take a look at subsidies - like the agricultural industry. Do we really need to be subsidizing big agribusiness? Do we? I once saw a bit of propaganda saying farmers only get a small percentage of the agriculture budget. They had a pie chart, showing they did get a small percentage. It seems the pie was cut up into food stamps (a great boon to farmers), school lunches (ditto), crop insurance (well duh!). So call it what you like -it's the confiscation - through intimidation and possible force, of your monies to give to someone else.

    How about ethanol? A lot was made of Pres. Obama's give away to the green energy company - certainly bad considering he outcome. No one has mentioned the costly boondoggle of ethanol.

    We have not so quickly forgotten, (I hope), we just bailed out the financial industry for a boatload of intentional criminal activity, with no consequences to them. Our great-great grandchildren will be paying for their great-great grandchildren's lavish lifetstyles.

    The government needs to get out of the college grant and college loan business. This has driven up the cost of higher education, except for those who want to shackle themselves with 10/20 years of debt, or those the government will give grants, or forgive debts. A lot of children of illegals going to school - dollars to donuts it's a grant or loan that will be 'forgiven'.

    I don't know how anyone could have looked at the insanity, and infantile behavior of college students following the election and not had second thoughts about how our money is being spent.



    Again, we need to look at all forms of welfare.
    Last edited by nntrixie; 08-01-2017 at 04:16 PM.
    Beezer and Judy like this.

  3. #3
    Senior Member johnwk's Avatar
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    Chuck Schumer on tax reform

    .

    Senate Minority Leader Charles Schumer is already babbling on about taxing the rich, allegedly because he cares for the middle class.

    But has the "middle class" already forgotten how the Democrats have taken their doctors from them; have taken the health-care plans from them which they wanted to keep; and have used the force of federal taxation to transfer their paychecks to able bodied government cheese eaters who are too lazy to work to meet their own economic needs?

    And this doesn't even include how Chucky-boy Schumer under Obama taxed America's middle class to pay for the economic needs of millions of foreigners who have invaded America's borders.

    Chucky-boy Schumer needs to keep his lying trap shut.


    JWK




    American citizens are sick and tired of being made into tax-slaves to finance a maternity ward for the poverty stricken populations of other countries who invade America’s borders to give birth.

  4. #4
    Senior Member Judy's Avatar
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    Republicans need to pass the Trump Plan, not the Congress plan. Trump Plan is better, 15% corporate and pass through rate. If that is all you get done, do that. That's where the jobs are without increasing deficits. The rest will produce deficits which will be overcome over time, but not immediately, whereas the corporate and business tax cuts will produce so much economic activity that creates so many new good jobs that will reduce unemployment and welfare spending, the deficits decline without cutting programs.
    A Nation Without Borders Is Not A Nation - Ronald Reagan
    Save America, Deport Congress! - Judy

    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn

  5. #5
    Senior Member johnwk's Avatar
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    Quote Originally Posted by Judy View Post
    ...without cutting programs.




    There was a time not too long ago in New York when the able-bodied were ashamed to accept home relief, a program created by Franklin D. Roosevelt in 1931 when he was Governor. Now, New York City and many other major cities are infested with countless government cheese factions who not only demand welfare, but use it to buy beer, wine, drugs, sex, and Lotto tickets.


    JWK






    American citizens are sick and tired of being made into tax-slaves to finance a maternity ward for the poverty stricken populations of other countries who invade America’s borders to give birth.


  6. #6
    Senior Member johnwk's Avatar
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    A little advice to President Trump regarding his proposed budget

    .

    SEE: Senate Dems spell out conditions on bipartisan tax reform


    ”In a letter to Republican leaders, including President Donald Trump, 45 of the 48 Senate Democratic caucus members said they won't support any upcoming GOP effort to overhaul the tax system that delivers cuts to the top 1 percent or adds to the government's $20 trillion debt.”


    President Trump should take the Democrats up on their determination to not add to the federal government’s $20 trillion debt. What President Trump should do is propose his budget with a proviso that if a deficit should occur at the end of the year under it, that deficit would be immediately extinguished with an apportioned direct tax laid among the States. I’m sure Chucky boy Schumer, our new fiscal conservative, would be thrilled with bringing home a bill to his pinko State and withdrawing his State’s share from his State’s Treasury to extinguish the deficit as our Founders intended.


    The only problem I see with such a plan is that Chuck boy Schumer would probably be lynched on his return to his State with a bill for his state legislature to pay. And that is the wisdom of our Founder’s original tax plan ___ a very real moment of accountability for our big spending pinkos in Congress.


    JWK



    Are we really ok with 45 percent of our nation’s population who pay no taxes on incomes being allowed to vote for representatives who spend federal revenue which the remaining 55 percent of our nation’s hard working and productive population has contributed into our federal treasury via taxes on incomes when our Constitution requires “Representatives and direct taxes Shall be apportioned among the Several States”?

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