Speaker of the House Dennis Hastert I have been advocating a flat tax for years. For those of you that do not know what a flat tax is here is a short explanation. - Everyone (drug dealers, prostitutes, criminals, etc.) pays taxes
- Everyone pays the same percent.
- No more payroll tax (you get to keep your entire paycheck)
- You only pay taxes when you purchase something.
- Rich people pay more because they buy more things and more expensive things.
- The government no longer steals 50% of your paycheck.
- The economy will grow like never before.
Just another reason to vote for Bush instead of Kerry. Kerry will raise your taxes by stealing more of your paycheck even before you get to cash it. Bush would rather everyone get all the money they work hard for and then only tax you on what you decide to spend. Read the Drudge Report Exclusive story below or click here. XXXXX DRUDGE REPORT XXXXX SUN AUG 01, 2004 21:01:25 ET XXXXX
REPUBLICANS PLAN PUSH FOR ELIMINATION OF IRS
**Exclusive**
A domestic centerpiece of the Bush/GOP agenda for a second Bush term is getting rid of the Internal Revenue Service, the DRUDGE REPORT has learned.
The Speaker of the House will push for replacing the nation's current tax system with a national sales tax or a value added tax, Hill sources tell DRUDGE.
"People ask me if I’m really calling for the elimination of the IRS, and I say I think that’s a great thing to do for future generations of Americans," Speaker of the House Dennis Hastert explains in his new book, to be released on Wednesday.
"Pushing reform legislation will be difficult. Change of any sort seldom comes easy. But these changes are critical to our economic vitality and our economic security abroad," Hastert declares in SPEAKER: LESSONS FROM FORTY YEARS IN COACHING AND POLITICS.
"“If you own property, stock, or, say, one hundred acres of farmland and tax time is approaching, you don’t want to make a mistake, so you’re almost obliged to go to a certified public accountant, tax preparer, or tax attorney to help you file a correct return. That costs a lot of money. Now multiply the amount you have to pay by the total number of people who are in the same boat. You can’t. No one can because precise numbers don’t exist. But we can stipulate that we’re talking about a huge amount. Now consider that a flat tax, national sales tax, or VAT would not only eliminate the need to do this, it could also eliminate the Internal Revenue Service (IRS) itself and make the process of paying taxes much easier."
"By adopting a VAT, sales tax, or some other alternative, we could begin to change productivity. If you can do that, you can change gross national product and start growing the economy. You could double the economy over the next fifteen years. All of a sudden, the problem of what future generations owe in Social Security and Medicare won’t be so daunting anymore. The answer is to grow the economy, and the key to doing that is making sure we have a tax system that attracts capital and builds incentives to keep it here instead of forcing it out to other nations."
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If the Republicans can get this legislation passed and prevent the DemocRATS from spinning this into a class warfare battle, Bush will win in a landslide.
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