Comments on: Taxes - Income Tax vs. Consumption Tax

By: Overtaxed M/C

Overtaxed M/C — Tue, 21 Jun 2011 17:50:45 +0000

First of all any system would be better than the one we have currently and has changed hundreds of times over the years and is still a downer/shaft to the middle class and gold mine to the upper class.
Consumption Tax would put politician on a budget, simply what is collected in 2011 would be the budget for 2012 and so on. In other words politicians bragging about what they brought home for their district (pork barreling) would be no more.
Business Welfare to aid business moving out of the US would be gone.
Farmer Welfare would need to be done away with or put in the budget if it must be needed.

Consumption Tax process will certainly be different than what we have today but would be well worth it. The implementation would simply be done similar to the way we buy car tags; last name alphabetically goes on the Consumption Tax at whatever month you fall within. After one year the Income Tax would be history, an ID card would be issued to aid in the implementation and then used to offset some taxes for the retired, military and certain part of the poor… if there is a will there is a way, America is better than the Europeans or the rest of the world when it comes to figuring this out, surely…
Let’s get-err-done!!

By: nuvi gps

nuvi gps — Fri, 30 Oct 2009 02:34:07 +0000

Consumption Tax sounds very fair but Unreal! Because Sales tax will be jeopardized.

By: james

james — Sat, 08 Nov 2008 20:21:51 +0000

here is my idea on the Consumption Tax and how the republicans can get there mojo back
do you do the right thing - not smoke, eat right, go to school, not break the law, try to recycle
if you do these things and are poor that a problem for me
ask the average joe and the American people do the go to work and pay taxes to support people
who smoke, don’t eat right (see the movie supersize me - think of the extra heath cost (soon under obama
tax cost),dont go to school,etc
its time for people and American people to pay based on results and stop living beyond there means and having the
average hard working American pay for it
my plan
keep the income tax on people above 125,000 or so - that’s just a number i picked it can be debated and go up or down
then get rid of all other taxes - people and corp
then have a consumption tax on bad things
no tax on non processed food and recycled items, other good things that society can decide on.
tax fast food, smoking the most (i personally would legalize drugs (expect under 21, get caught selling or giving to kids life sentence) and taxes them the highest (call it the new death tax - to pay for there death and heath care cost) and require you to show you have 40 hr a week job to support the habit - because you never going to stop someone from using that wants to)
tax the rest of products a normal rate
instead of having a jail system like today for nonviolent offenders have weekend workcamps - if you steal or have a dui work weekends for a couple years (like 10 to 15) on a farm - that will have end illegals - if the farms and other low paying jobs are done by lawbreakers than the demand for illegals will dry up and stop both it and crime.
industry that provide high paying jobs (like auto that make high mpg cars) that we want here in the USA - don’t tax what they sell or what the buy to make the product
from the taxes from smoking, fast food, other consumption products give a reward for completing school or training for a new job
you the average Joe that does not smoke, eats rights, recycles and goes to school will pay less and have a better life
the coming baby boomers that are going to live the work force is going to mean either we start rewarding for recycle and doing the right things or lower are stardered of living