Current Events

Let’s Redo Our Entire Taxation System

And this is why so many of us want a flat or use tax to replace the entire IRS tax code. What we currently have is full of loopholes. I do not begrudge anyone for using a deduction they can because, well, they can and it’s legal. What I would like to see is a system with NO deductions, period; a system where everyone pays the SAME rate, regardless of income. That would bring in more tax money annually that we current receive and the rates could be much, much lower – 10 – 15% tops. Nothing could be more fair (well, nothing but a zero % tax and I’m not convinced that would be a good thing).

 

Loophole After Loophole for the Wealthiest

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About Bits 'n PCs

I was raised in a two-parent functional home and have worked hard the majority of my life. I started my first business at the age of 12 mowing lawns in my neighborhood. At age 14, I worked summers as a bricklayer's laborer and weekends as a machine shop janitor. I have come to enjoy politics but have grave concerns for our country and how it is changing and going deeper and deeper into debt. I also worry about people who willfully want to believe every sound bite their party puts out instead of fact-checking for the truth. Politics has become a very vicious 'game' in which there are virtually no rules and no limits anymore. It's time to set the record straight pertaining to ALL sides of the aisle. Thus, NewsWhores was born. Come watch us grow.

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