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Utopia Talk / Politics / HR 25 The Fuck you Act of 2023
Im better then you
2012 UP Football Champ
Wed Jan 25 23:01:54
Over 30% sales tax for most states abolish IRS and rely on states. Any plan that relies on Alabama/Mississippi being on the right side of history is doomed to failure.

http://www...ess/house-bill/25/text?r=4&s=1

Shown Here:
Introduced in House (01/09/2023)
FairTax Act of 2023

This bill imposes a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income taxes, payroll taxes, and estate and gift taxes. The rate of the sales tax will be 23% in 2025, with adjustments to the rate in subsequent years. There are exemptions from the tax for used and intangible property; for property or services purchased for business, export, or investment purposes; and for state government functions.

Under the bill, family members who are lawful U.S. residents receive a monthly sales tax rebate (Family Consumption Allowance) based upon criteria related to family size and poverty guidelines.

The states have the responsibility for administering, collecting, and remitting the sales tax to the Treasury.

Tax revenues are to be allocated among (1) the general revenue, (2) the old-age and survivors insurance trust fund, (3) the disability insurance trust fund, (4) the hospital insurance trust fund, and (5) the federal supplementary medical insurance trust fund.

No funding is authorized for the operations of the Internal Revenue Service after FY2027.

Finally, the bill terminates the national sales tax if the Sixteenth Amendment to the Constitution (authorizing an income tax) is not repealed within seven years after the enactment of this bill.
Pillz
Member
Thu Jan 26 10:12:59
Seems like a good place to start tax reform with.

You can ease into it by abolishing most benefits and welfare for the unemployed, people suffering from fake mental illnesses, and immigrants.

Should probably half the pay of all elected officials as well, and retain IRS employees in a new agency dedicated to tracking politicians finances identifying any bribes, pay offs, etc.

Should probably also bar senior public servants or elected officials from entering the private sector for 3 years. Essentially force them to remain on pay roll for 3 additional years with a bonus based on their total earned salary at the conclusion of that period.

Or something
Rugian
Member
Thu Jan 26 10:21:52
IBTY thinks that any policy idea that isn't aggressively pushed by late nite "comedians" and MSNBC pundits is automatically shit.

It was probably news to him that some people want to replace the income tax with a sales tax.
Forwyn
Member
Thu Jan 26 15:58:46
Ironically, these are the same people complaining about billionaires - and will oppose consumption taxes that would target them, and continue to rail against capitalism.
Dukhat
Member
Thu Jan 26 22:18:02
Foreskin makes no sense like always. Pillz shows how cucked he is presenting a wishlist that Elon Musk would love even though he is lower-class.

A huge tax that the top 20% would never pay.
habebe
Member
Thu Jan 26 22:50:08
Got to give credit to Hawley to the the best titled bill.

The Pelosi act.

The Preventing Elected Leaders from Owning Securities and Investments (PELOSI)
murder
Member
Fri Jan 27 18:07:40

"Ironically, these are the same people complaining about billionaires - and will oppose consumption taxes that would target them, and continue to rail against capitalism."

In what fucking world would a consumption tax target billionaires?

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