Comment: Members of the committee to examine possible changes to the US tax system. Synopsis: Phase out individual taxation. Phase in a more complex Corporate Tax system. Reason: Must keep all constituents of present system comfortable. Legislative branch will vote on the reforms The voters will be happy. The attorneys will have more work, lobbyist will be busier than ever for their individual constituents, elected officials will have more influence in the selection of tax breaks for their home industries, they will get more funding for their votes on selected issues. Executive branch will be happy probably need more IRS workers for enforcement/oversight. State Dept, INS and Homeland Security will benefit since more people will apply to come to USA. Judicial will be pleased since a whole new set of litigation standards will be needed. Private sector tax preparation and accounting firms will be appeased since the burden will be on professional corporate tax payers with lots of new jobs in the industry. The cost to corporations and their overhead will increase but the structure of the tax code can be formed such that export/import values will not change. If you have any questions on this proposal I would be happy to respond. Respectfully submitted, Gunter Hagen |