The Mudcat Café TM
Thread #45545   Message #678667
Posted By: Amos
28-Mar-02 - 09:35 PM
Thread Name: BS: Who We Are--A Gentle Reminder
Subject: RE: BS: Who We Are--A Gentle Reminder
I'd be curious to know if anyone has any way of estimating what the net impact on annual government revenue would be if we instituted the following three simple changes to our legal codes:

1. Establish a consitutional limit on total taxation of individual income to a maximum of ten per cent per annum, combined from all sources of burden, and a similar limit on all other entities .

2. Removed all exemptions from the tax code for any individual or entitiy earning more than, say, $25,000/year. This means all corporation,s trusts, foundation, religous organizations, charities, libraries, and other strange fictions of being would be required to pay 1/10th of their revenue for the benefits of group coordination provided by local, state and federal governments, but no more than that.

3. Limit all tax codes and offenses to civil, not criminal, classes of offense.

Since (1) and (2) above would suddenly free the Internal Revenue Service of thousands of man hours of tasking, the surplus of talented accountants thus liberated could be put to work identifying specific instances of waste in Federal Government programs and analyzing improved methods of making the government more productive, efficient, and mission-competent.

Anyone got any numbers?

A