Braaaaaaaaaaiiinnns!

Sometimes,one just needs a reminder of why I so love the kitties, and now I present a glimpse into a cat’s brain - thanks to a friend who emailed this to me.

cats

Might Be Something To It

Yes, there’s a book as WND points out. Bound to be a leak somewhere. But there’s also something behind the rumors in the book.

House Majority Leader Tom DeLay, R-Texas, offered a preview of the House GOP leadership’s post-election tax agenda in a March speech in which he said the Republicans are determined to repeal the federal income tax.

Long an advocate of a national sales tax, a confident DeLay told a conference of tax lobbyists that House Republicans will have hearings and push the issue in 2005 and 2006.

How did this get overlooked? There’s more like legislation even.

H.R. 25 would eliminate the federal income tax and replace it with a 23 percent consumption tax paid by the end user. That means business-to-business purchases for the production of goods and services would not be taxed. The organization estimates consumer prices will drop by an estimated 20-30 percent as a result of the change.

The group’s website describes how the bill’s rebate function works. It assures that those living in poverty would not pay any tax.

“Under the FairTax, no American will pay taxes on necessities. The rebate will be equivalent to the tax paid on essential goods and services. The rebate will be mailed before the tax is actually paid [and] will be paid in equal installments at the beginning of the month. The size of the monthly rebate will be determined by the federal poverty level for a particular household size.”

A bill, yes not one but two although the rebate part sounds a little messy. Why not different tax rates on food and nonfood products like is done on the local level in some places?

The bill’s Senate version is S.1493, sponsored by Sen. Saxby Chambliss, R-Ga., was introduced last year.

“If you own property, stock, or, say, one hundred acres of farmland and tax time is approaching, you don’t want to make a mistake, so you’re almost obliged to go to a certified public accountant, tax preparer, or tax attorney to help you file a correct return. That costs a lot of money,” writes Hastert. “Now multiply the amount you have to pay by the total number of people who are in the same boat. You can’t. No one can because precise numbers don’t exist. But we can stipulate that we’re talking about a huge amount. Now consider that a flat tax, national sales tax, or VAT would not only eliminate the need to do this, it could also eliminate the Internal Revenue Service (IRS) itself and make the process of paying taxes much easier.”

The downside is, of course, thousands of accountants would be sorely pissed but think what a joy this would be for the folks in payroll. Sides, eliminating a whole arm of government is a good thing. Smaller government is always better. I can see the Democrats seizing on this to help pay for Kerry’s expansive government programs, the national sales tax, VAT, without eliminating the IRS. That way your tax rates won’t go up dramatically and you will get a double whammy at the store. Yeah, that’s how the Dems would do it. Remember, Kerry is from Taxichusetts and they are masters at squeezing the last drop of blood out of you in that state. Used to live there, I know.