Protect and Defend

Welcome to my blog, Protect and Defend. You don’t have to understand me. You only have to agree with me. I can live with losing the good fight, but I can not live with not fighting that good fight at all. - Publius

Wednesday, September 13, 2006

We don’t need to raise taxes after all

We just need to collect them.
Time Magazine reports that in 2001 there was an estimated $345 billion worth of unpaid federal taxes (Time, September 18, 2006). It also says that 2001 was the last year for which this data is available, so who knows how much in unpaid taxes the federal government was unable to collect in 2005.
Who are these idiots in control of the IRS?

3 Comments:

Blogger Bobkatt said...

I heard a discussion on this on the radio and believe they said that the IRS was going to employ private collection agencies to help recover unpaid taxes. I don't have a problem with this on the surface but one warning they did give was that if you are contacted by one of these agencies you have to watch out for any deal they might try to get you to agree with such as a reduced amt. one time payment. These private agencies may not have the authority to make that deal and you may end up paying the collection agency on the agreed amt. and then still owe the IRS for the balance plus penalties. Just what I heard.

Fri Sep 15, 04:55:00 AM  
Blogger Brooke said...

It wouldn't surprise me if that were true, bobkatt.

Our tax system needs to be totally scrapped, and a new flat tax put in place. 10% to the Fed, 8% to State, and 2% to local. Period, the end.

No more tax levies, ect, ect.

That's fair. The rich can earn as much as they want, and they can't get out of the percentage, and your poor guy isn't getting screwed, either.

Sat Sep 16, 11:48:00 AM  
Blogger Publius said...

Brooke, better would be the Fair Tax plan where income taxes are removed and everything becomes a sales tax, that way everyone has to pay including those here on vacation and those here illegally. And it would mean that for rich people with their 8 or 9 Bentleys, they would be paying a high tax on all these cars. It might lead some people to save their money instead of spending beyond their means. But I think even with this plan there would be no tax on food and certain items that are necessities and that way those with less money would only be paying taxes when they made purchases that were unnecessary for survival and instead would have more money to feed their families because they would not be paying income tax.

Sat Sep 16, 09:46:00 PM  

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