Subject: Tax Reform Comment: Please do not reform or overhaul the present tax code. ELIMININATE IT AND ELIMINATE THE IRS. The fairest method is a National Sales Tax or Value Added Tax. I am retired and living on a fixed income, and yet each year I have to pay nearly $300 to file my tax returns. With a National Sales Tax, I would at least have control over how much I want to pay with my discretional spending. If I want to pay less, I would spend less, or use less for recreational activities. I believe this would be fair, because people with higher income would still purchase high end items, and pay more taxes. I would still purchase a Honda, while a rich person would still purchase a Jaguar. I would stay at a Days Inn, while a rich person would stay at a luxory resort. You can get the point. I think people will adjust, and businesses will have to lower their prices since they would not pay taxes. I read that a member of Congress has set a plan to give credits to low income people so they would not have to be burdoned with a tax on their necessities. If any exemption is to be made, they should only be on grocery foods (excluding snack items) and prescription drugs - nothing else. With this system, the rich would surely be paying more taxes, and we would not have to worry about the IRS. |