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	<title>Brose McVey &#187; taxes</title>
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		<title>TAX DAY QUIZ QUESTION</title>
		<link>http://www.brosemcvey.com/blog/tax-day-quiz-question.html</link>
		<comments>http://www.brosemcvey.com/blog/tax-day-quiz-question.html#comments</comments>
		<pubDate>Thu, 15 Apr 2010 16:56:10 +0000</pubDate>
		<dc:creator>darland</dc:creator>
				<category><![CDATA[Indiana’s 5th Congressional District]]></category>
		<category><![CDATA[flat tax]]></category>
		<category><![CDATA[liberty]]></category>
		<category><![CDATA[mcvey]]></category>
		<category><![CDATA[simplify]]></category>
		<category><![CDATA[tax day]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://www.brosemcvey.com/?p=666</guid>
		<description><![CDATA[Quiz Question:
What simple fix to our federal laws would create tons of jobs, enhance personal freedom and liberty, reduce intrusions from government, help balance the budget, reduce inequities between taxpayers and free loaders, reduce the drag of litigation on our economy, reduce the influence of lobbyists, cut tons of red tape and save people money?
Answer:
A [...]]]></description>
			<content:encoded><![CDATA[<p>Quiz Question:</p>
<p>What simple fix to our federal laws would create tons of jobs, enhance personal freedom and liberty, reduce intrusions from government, help balance the budget, reduce inequities between taxpayers and free loaders, reduce the drag of litigation on our economy, reduce the influence of lobbyists, cut tons of red tape and save people money?</p>
<p>Answer:</p>
<p>A simple, flat income tax to replace the monstrosity we call our federal tax code.</p>
<p>Throw out our entire federal tax code&#8212;bury the son-of-gun in a landfill &#8212; and replace it with a simple flat income tax!</p>
<p>Give everyone ONE deduction to reduce the burden on our lowest income families. Set the rate where it makes sense, but low enough to stimulate investment and growth, at, say 10-15 percent, period. End of story and of tax code.</p>
<p>Ironically, some of the most powerful fixes for our broken federal government are elegant and simple. Term limits, a requirement that Congress balance the budget, and a line-item-veto power designed to fight pork, are all examples.</p>
<p>If we held a referendum today on these policies, they would win and be the law of the land. So, who stands between us and the many benefits of a simple flat tax, term limits and other fixes?</p>
<p>You guessed it&#8212;Congress!</p>
<p>A flat tax would immediately stimulate growth, reduce unfairness, minimize the underground economy, shift the current benefits of high-paid lobbyists, lawyers and accountants from rich individuals back to regular folks, AND help us fix the horrible inequities created by a piece-meal code that allows nearly 50 percent of wage and income earners to avoid ANY federal tax burden.</p>
<p>A flat income tax code would provide a simple, effective, broad-based and fair tax structure that increases morale and compliance, eliminates double taxation, attacks many problems and unleashes an economy that naturally wants to grow!</p>
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