More Withholding Stuff
Friday, August 30th, 2002So about 600 emails sit in my inbox. Browsing through them, I see the column was mentioned on several talk radio programs last night. Charlotte Twight’s book is at #30 on Amazon at the moment. And the high-traffic website Jewish World Review has agreed to pick up my column, beginning next week. In fact, the withholding column should be the first one they run. In all humility, I really don’t think the column itself was all that great. I think — and take heart in the notion that — there’s a sizeable lot of you out there who are generally and genuinely pissed off at the size and scope of your federal government, and that you’re footing the bill. This is good news. Apathy be damned.
TheAgitator.com
Hi Radley:
I agree with your and Ms. Twight’s dislike
(that’s putting it mildly) of the Gov’t’s
withholding Income Taxes from paychecks.
‘Taint fair and ‘taint right! But, since
when is the Gov’t interested in Fairness
and Rightness?
However, I disagree with your suggestion
that it would be better if withholding is
stopped and taxpayers allowed to file and
pay the entire year’s taxes on April 15th.
For many (I dare say most) taxpayers that
would be like JUMPING FROM THE FRYING PAN
INTO THE FIRE!
Many, many would not have the necessary
funds on-hand on April 15th to pay a whole
year’s taxes… thus, they would have to
borrow the funds (and pay Interest) –or–
be subjected to an invasion by the IRS!
To the taxpayer who didn’t (couldn’t) pay
his tax bill on April 15th, here’s the
likely scenario that would follow:
First, the IRS would perform an Audit to
determine how much (per their calculation)
the taxpayer owed. This amount would
invaribly be MORE than the taxpayer had
calculated. So, for starters, put that down
as REASON #1 why your “stop withholding”
is not a good solution to the problem.
[NOTE: I'm in full accord with your dislike
of the withholding scheme foisted upon
taxpayers by the Gov't, and Ms. Twight has
exposed in her book, the obvious and the
"hidden" faults that are part & parcel of
the withholding scheme.]
REASON #2: The IRS would add humongous Interest
and Penalties to the amount they have calculated
that the taxpayer owed. (Note: This is not
guesswork on my part!)
REASON #3: The IRS would Levy the taxpayers Bank
Account, leaving him/her a balance of $5.00
REASON #4: The IRS would Levy a “high percentage”
of his/her paycheck, leaving the taxpayer with
only the barest minimum to survive on.
REASON #5: The IRS could/would Seize any/all
of the taxpayers assets that they wanted
to… including car, house, etc.
So, Radley sez, “OK, big guy… what’s your
solution to the withholding problem?”
Sheesh! I thought you’d never ask!
Here ’tis:
R-e-p-l-a-c-e the present broken, unfair,
incomprehensible, complicated, messed-up,
inefficient, costly-to-administer, abominable
Income Tax System (and IRS) with a better,
fairer, more efficient, less costly-to-administer
method of funding the Gov’t… namely:
H.R. 2525, Fair Tax Act… a Bill now in
the House Ways & Means Committee, waiting
to be sent to the House Floor for debate
and, hopefullly, passage.
HR 2525 would tax what we “consume”… not
what we “earn”… and the IRS would be
abolished as it would no longer be needed.
HR 2525 has run the full course of Hearings
and Testimony, but is “stalled” due to
POLITICS! The Bill has bi-partisan cosponsors.
See No. 2 TESTIMONY! at the end of this post.
HR 2525 Fair Tax, deserves to be debated and
passed in the House, then passed in the Senate
and sent to the President for his signature to
make it the “law of the land.”
Y-O-U can do four things (all easy to do)
to help get HR 2525 enacted:
[A.] Study the proposed FairTax (HR 2525).
To help you with that, read the Websites
listed as Links in this post. They’re written
in “layman’s language” to make it easier to
follow.
You’ll see that HR 2525 the FairTax, INDEED,
does make common sense and is a far better,
fairer way to fund the Gov’t than the
abominable Income Tax System that we have
today.
Simply put: The Tax Code is broken beyond
repair. The only sensible solution is to
r-p-l-a-c-e it with a better way! HR 2525 The
FairTax is the better way!
[B.] Contact your CongressCritter and your
Senator and tell them that you want them to
support HR 2525 The FairTax!
E-mail’s OK, but a FAX is better. Phone ‘em,
SnailMail ‘em… visit ‘em… but DO IT!
[C.] Logon on to the Petition in 10. below
and sign it. There’s strength in numbers,
so do your part to ‘build the numbers.’
Invite, cajole, convince as many as possible
of your family and friends to sign the
Petition! Ask them to help by, also, inviting
their family and friends to sign it.
[D.] Join my NO-IRS@yahoogroups.com Forum.
We’ve been active since formed in March 1999.
Just e-mail me and I’ll subscribe you. GoTo
this website and read the Welcome Letter.
http://www.geocities.com/cmcofer/hello.html
So, Radley, many thanks for providing this
Forum where the FairTax can be exposed to
lots more taxpayers and get their support
for this historic movement!
Our children and grand-children (and all
future generations of Americans) will thank
us for lifting the Income Tax burden from
their backs!
I thank YOU for listening!
Cliff Cofer - AFFT State Director (Volunteer) for Iowa
Email: cmcofer@mchsi.com (that’s @mchsi.com)
HOME PAGE! http://www.geocities.com/cmcofer/
===========================================================
* * * * * The Tax System’s Broken. Let’s Fix It! * * * * *
AFFT (Americans For Fair Taxation) is an organization of
“grassroots” volunteers who support H.R. 2525, the Fair Tax
to replace the Income Tax. Visit http://www.fairtax.org/
===========================================================
“Nothing is so powerful as an idea whose time has come!” -Victor Hugo
FairTax Information Websites:
—-
1. CHART comparing Fair vs Income Tax vs “Flat Tax”
http://www.geocities.com/cmcofer/compare.html
2. Testimony by Herman Cain to House W&M Sub-Committee on Taxes
http://www.geocities.com/cmcofer/cain.html
3. Presentation of the FairTax in “layman’s language.”
http://www.fairtaxnow.com/ Be sure to see…
* The PLAN! * FCA! * PAYCHECK! * SIGN GUESTBOOK!
4. Denis Calabrese, Dick Armey’s former Chief of Staff, tells
why he changed from a “Flat Tax” to a FairTax supporter.
http://www.geocities.com/cmcofer/confess.html
5. Dan Mastromarco, co-author of the FairTax, compares the
“Flat Tax” to the FairTax.
http://www.geocities.com/cmcofer/dan.html
6. Discussion of “Flat Tax” and FairTax. E-mail from Armey.
http://www.geocities.com/cmcofer/armey.html
7. David Burton, co-author of the FairTax, writes about
taxation and tax reform.
http://www.geocities.com/cmcofer/burton.html
8. Six Misconceptions about the FairTax.
http://www.geocities.com/cmcofer/six.html
9. FairTax Brief History and Summary.
http://www.geocities.com/cmcofer/letter.html
10. PETITION for the FairTax.
http://www.taxreformpetition.net
- # # # -
September 1, 2002
Hi Radley:
I agree with your and Ms. Twight’s dislike (that’s putting it
mildly) of the Gov’t’s withholding Income Taxes from paychecks.
‘Taint fair and ‘taint right! But, since when is the Gov’t
interested in Fairness and Rightness?
However, I disagree with your suggestion that it would be
better if withholding is stopped and taxpayers allowed to file
and pay the entire year’s taxes on April 15th.
For many (I dare say most) taxpayers that would be like
JUMPING FROM THE FRYING PAN INTO THE FIRE!
Many, many would not have the necessary funds on-hand on
April 15th to pay a whole year’s taxes… thus, they would
have to borrow the funds (and pay Interest) –or– be
subjected to an invasion by the IRS!
To the taxpayer who didn’t (couldn’t) pay his tax bill on
April 15th, here’s the likely scenario that would follow:
First, the IRS would perform an Audit to determine how much
(per their calculation) the taxpayer owed. This amount would
invaribly be MORE than the taxpayer had calculated. So, for
starters, put that down as REASON #1 why your “stop
withholding” is not a good solution to the problem.
[NOTE: I'm in full accord with your dislike of the withholding
scheme foisted upon taxpayers by the Gov't, and Ms. Twight has
exposed in her book, the obvious and the "hidden" faults that
are part & parcel of the withholding scheme.]
REASON #2: The IRS would add humongous Interest and Penalties
to the amount they have calculated that the taxpayer owed.
(Note: This is not guesswork on my part!)
REASON #3: The IRS would Levy the taxpayers Bank Account,
leaving him/her a balance of $5.00
REASON #4: The IRS would Levy a “high percentage” of his/her
paycheck, leaving the taxpayer with only the barest minimum to
survive on.
REASON #5: The IRS could/would Seize any/all of the taxpayers
assets that they wanted to… including car, house, etc.
So, Radley sez, “OK, big guy… what’s your solution to the
withholding problem?”
Sheesh! I thought you’d never ask!
Here ’tis:
R-e-p-l-a-c-e the present broken, unfair, incomprehensible,
complicated, messed-up, inefficient, costly-to-administer,
abominable Income Tax System (and IRS) with a better,
fairer, more efficient, less costly-to-administer method of
funding the Gov’t… namely:
H.R. 2525, Fair Tax Act… a Bill now in the House Ways & Means
Committee, waiting to be sent to the House Floor for debate
and, hopefullly, passage.
HR 2525 would tax what we “consume”… not what we “earn”…
and the IRS would be abolished as it would no longer be needed.
HR 2525 has run the full course of Hearings and Testimony, but
is “stalled” due to POLITICS! The Bill has bi-partisan
cosponsors.
See No. 2 TESTIMONY! at the end of this post.
HR 2525 Fair Tax, deserves to be debated and passed in the
House, then passed in the Senate and sent to the President
for his signature to make it the “law of the land.”
Y-O-U can do four things (all easy to do) to help get HR 2525
enacted:
[A.] Study the proposed FairTax (HR 2525). To help you with
that, read the Websites listed as Links in this post. They’re
written in “layman’s language” to make it easier to follow.
You’ll see that HR 2525 the FairTax, INDEED, does make common
sense and is a far better, fairer way to fund the Gov’t than
the abominable Income Tax System that we have today.
Simply put: The Tax Code is broken beyond repair. The only
sensible solution is to r-p-l-a-c-e it with a better way!
HR 2525 The FairTax is the better way!
[B.] Contact your CongressCritter and your Senator and tell
them that you want them to support HR 2525 The FairTax!
E-mail’s OK, but a FAX is better. Phone ‘em, SnailMail ‘em…
visit ‘em… but DO IT!
[C.] Logon on to the Petition in 10. below and sign it. There’s
strength in numbers, so do your part to ‘build the numbers.’
Invite, cajole, convince as many as possible of your family and
friends to sign the Petition! Ask them to help by, also,
inviting their family and friends to sign it.
[D.] Join my NO-IRS@yahoogroups.com Forum. We’ve been active
since formed in March 1999. Just e-mail me and I’ll subscribe
you. GoTo this website and read the Welcome Letter.
WELCOME! http://www.geocities.com/cmcofer/hello.html
So, Radley, many thanks for providing this Forum where the
FairTax can be exposed to lots more taxpayers and get their
support for this historic movement!
Our children and grand-children (and all future generations
of Americans) will thank us for lifting the Income Tax burden
from their backs!
I thank YOU for listening!
Cliff Cofer - AFFT State Director (Volunteer) for Iowa
Email: cmcofer@mchsi.com (that’s @mchsi.com)
HOME PAGE! http://www.geocities.com/cmcofer/
===========================================================
* * * * * The Tax System’s Broken. Let’s Fix It! * * * * *
AFFT (Americans For Fair Taxation) is an organization of
“grassroots” volunteers who support H.R. 2525, the Fair Tax
to replace the Income Tax. Visit http://www.fairtax.org/
===========================================================
“Nothing is so powerful as an idea whose time has come!” -Victor Hugo
FairTax Information Websites:
—-
1. CHART comparing Fair vs Income Tax vs “Flat Tax”
http://www.geocities.com/cmcofer/compare.html
2. Testimony by Herman Cain to House W&M Sub-Committee on Taxes
http://www.geocities.com/cmcofer/cain.html
3. Presentation of the FairTax in “layman’s language.”
http://www.fairtaxnow.com/ Be sure to see…
* The PLAN! * FCA! * PAYCHECK! * SIGN GUESTBOOK!
4. Denis Calabrese, Dick Armey’s former Chief of Staff, tells
why he changed from a “Flat Tax” to a FairTax supporter.
http://www.geocities.com/cmcofer/confess.html
5. Dan Mastromarco, co-author of the FairTax, compares the
“Flat Tax” to the FairTax.
http://www.geocities.com/cmcofer/dan.html
6. Discussion of “Flat Tax” and FairTax. E-mail from Armey.
http://www.geocities.com/cmcofer/armey.html
7. David Burton, co-author of the FairTax, writes about
taxation and tax reform.
http://www.geocities.com/cmcofer/burton.html
8. Six Misconceptions about the FairTax.
http://www.geocities.com/cmcofer/six.html
9. FairTax Brief History and Summary.
http://www.geocities.com/cmcofer/letter.html
10. PETITION for the FairTax.
http://www.taxreformpetition.net
- # # # -
OOPS! Looks like I double-posted. Sorry.
Cliff Cofer
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