Editorâs note: As you probably noticed, The Daily Signal has made tax reform a focus of our coverage and commentary. Here is some of what youâve had to say on the topic in recent weeks. Be sure to write us at letters@dailysignal.comâKen McIntyre
Dear Daily Signal: Regarding Rachel del Guidiceâs story about the family of ranchers in North Dakota, I am a land surveyor and I get involved in forced sales because they need a survey to transfer property (âTax Reform a âBig Dealâ to Mom Who Wants to Keep Ranch in the Familyâ).
I watched a farmer lose the farm he spent his childhood helping his parents build. They had over 400 acres, and when the government was finished they had 125 acres. The government set the value at $16,000 per acre because much of the surrounding land was sold as 5-acre tracts, never considering the capital investments to develop that 5-acre lot. When they sold, the land brought only $3,000 per acre, itâs proper value.
The Daily Signal depends on the support of readers like you. Donate now
Talk about chasing your tail. And the attorneys told them it would cost just as much to fight the government in court. Hard to compete when the opposition sets all the rules and declares all the values. The government is not about doing the right thing; it is about gaining revenues so politicians can buy votes to stay in office and send along that criminal enterprise share to the elites. They will use whatever means possible.
You either pay the government or you pay that attorney friend of the government. All that matters is that they claim enough that they get their share. Washington has become a criminal enterprise. Extortion is their game, a game that includes being poverty pimps and accounting thugs.âRobert Joseph Shannon
If we were to return to a constitutional taxation system and forcing a runaway federal government to live within its means, we wouldnât have this problem. A âprogressiveâ income tax is one of the 10 planks of the communist manifesto.âRichard Ely
Iâm a tax CPA. I can come up with ideas to satisfy most concerns. As a staunch conservative, and one who recently paid out some estate (death) tax, I am actually not for elimination of it, as charity is a huge benefactor in estate planning.âJim Fisher
https://twitter.com/RobertBluey/status/910318287023673344
This is a simple proposition: The estate/death tax amounts to double taxation. Anyone think that having to pay double taxes up front is fair or appropriate (aside from our communist/socialist/leftist comrades)? Of course not. The capital gains tax punishes everyone, and is again another form of double taxation.
Taxes to federal, state, and local entities should be based on a once-a-year assessment of income, without all the loopholes, etc. The government should downsize and live within its means (tax revenue) and eschew any further loans.âDerek Dubasik
Could someone please tell me why the government taxes an individual when he or she dies? Isnât this a double tax on the property the individual had? Donât people pay taxes on the income they make each year? How about the equipment they buy during that year? The land that is bought, is it not taxed each year by the government?
Iâm curious because when my father-in-law passed in 1987, he was a teacher at a Christian university who had written some study guides. He was not classified as being rich, he was faithful to give unto Caesar that which was Caesarâs and unto the Lord that which was the Lordâs.
He was worth $750,000. We met with his lawyer after the funeral, and he told us everything was being handled by the firm: his savings and checking accounts at the bank for personal use, his accounts for his book income. All of which he already had paid taxes on. His house, the land it sat on, his car (a 1975 Dodge), his clothes, furniture, and lawn tools were all listed to be taxed by the government again, because he died.
We received a registered letter a short time later with a check for $35,000, which we had to pay taxes on, and a list of the worth the government had placed on everything.
So it is not just the rich who are hit twice with a tax, it is every person who dies.âPaul Newnum
Conservatives Call for Tax Reform to âPut Small Businesses Back at the Heart of Americaâs Economyâ https://t.co/mH2VTIdYEa via @LRacheldG
â Kristy (@luchadora41) September 18, 2017
Dear Daily Signal: About Rachel del Guidiceâs report, âConservatives Call for Tax Reform to âPut Small Businesses Back at Heart of Economyââ: You are what you sayâor tweet. We could believe in tax reform for small business if the evidence was pro-small business. Itâs not.
The bill passed in the House by Speaker Paul Ryan repealing the Affordable Care Act showed no tax reform for health care, no tax reform for the middle class, only tax benefits for the superrich.
So excuse us progressives if we donât believe tax reform will enhance middle class workers in any way, aside from sabotaging affordable health care through removing the tax penalty for not enrolling in any health program, and the unwarranted shift of $800 billion from statesâ Medicaid funding to fat cats who donât need it.
Consistency isnât Trumpâs strength, but we must believe what our âlying eyesâ seeânot small business tax reform by Republicans.âBill Lemoine
Laws are equal for all citizens with the exception of tax law, which punish more the ones who produce more, simply because they have more. If every citizen pays the same amount of tax, there would be no overspending, open budget, waste, poor administration of resources, socialism or communism, permanent welfare, lazy people, Obamacare, Bernie Sanders, Obama, Hillary, or the Democratic Party.âFelipe Solanet
Trump: Rich Would Pay Same or More Under Tax Reform https://t.co/nEPCQnCzu7 pic.twitter.com/D09qkwVBBX
â Mark Juelich (@markjuelich) September 13, 2017
Dear Daily Signal: So, Mr. President, how many jobs are created by the middle class (âTrump: Rich Would Pay Same or More Under Tax Reformâ)? Just asking. Time to ante up and fulfill all your campaign promises. Otherwise you are just another political blowhole being sucked into the swamp you pledged to drain. Donât doubt me. Facts are stubborn things.âJim Fuscaldo
Itâs about time. Just because you live on dividends, it does not mean youâre wealthy. My dad was killed at 35; we lived on dividends from family savings. We paid the highest tax rate possible on $50-a-week income. We need a tax that treats everyone equal, as long as the source is legal.âElaine Whitmore Cary
âThe wealthyâ is too vague a term for me to get my head around. Wealth is so relative. Living in the Northeast earning over $250,000 a year, you feel like you can barely keep all the plates spinning. That same figure out in central Idaho would be a fortune. No one pays $15,000 a year in local property taxes for their domicile on a few acres in central Idaho, but try owning a few acres in New Jersey and itâs a whole different thing.âVladimir Petrovich
Ideally, there should not be an income tax on the people at all; it violates the Constitution as written. But since there is one, it should be equal across the board for everyone and businesses should all have the same tax rate. Otherwise we could consider it favoritism.âTaryl Gibson
***
Dear Daily Signal: Taxes have been out of control for a long time (âTax Reform Will âHelp Everyone,â Small Business Owner Saysâ). When a citizen has to hire professionals to fill out a âsimpleâ tax return, something is wrong.âJann Leger
Yes, if Congress ever gets it done. Abolish the IRS, have a flat tax. No one has what it takes to make that happen, so the richest and the poorest continue to win on taxes and the middle class pays.âDiana Vanvleet
âI donât want to be disappointed by Congressâ â President Trump says #taxreform could create millions of new jobs. https://t.co/KL7Mm85yyC pic.twitter.com/E2ZFoZcxSt
â The Daily Signal (@DailySignal) September 5, 2017
Dear Daily Signal: Regarding Fred Lucasâ report, I agree that tax credits are a bad idea, even though the philosophy of credits was famously championed by Ronald Reagan (âTrump Says Tax Reform Could Create âMillions and Millions of Jobsââ).
I cannot see the IRS as being capable of handling welfare, and taxes are not the place for social engineering. It would work better to increase the personal deduction, remove all other deductions, and just charge a flat tax after that.
It is automatically progressive; you make more, you pay more. But it removes the incentive that so many high earners have for hiding income. For instance, the rental properties we own are worth more as a tax shelter than as an investment. If we pay off the loans, our income soars and we are screwed with taxes.âBill Tanksley
Around 75 to 100 percent of the corporate tax rate is paid by workers through lower wages . The variation depends on the type of corporation, size, and so on. The personal income tax is a direct cut into American pockets, so how does lowering it not leave people with a bigger paycheck?
This would cause less favoritism through a simpler tax code and more fairness for small businesses and middle class Americans. Especially when most of the deductions, tax credits, and such are traded with a lower rate. The compliance cost and the sheer amount of evasion is already high.
Revenue neutrality is only 0.9 percent above baseline for the corporate tax cut.âRune-AndrĂ© TĂžrresdal
Mr. President, we the people donât wish to be disappointed by our government concerning tax reform either. We already enjoyed that surprise with Sen. John McCain concerning health care reform. If I was the president or a senator, I wouldnât count on McCain not doing his maverick routine once again.âCathy Ann Turner
God bless President Trump! There are far more of us with him than are not with him. The media lies, and thatâs the simple truth.âClaire Montaina Larson
Didnât Trump also state that he was going to build a wall and Mexico was going to pay for it, and he was going to fix health care and no one would be without, and he was going to be too busy working to play golf? Sheep, keep on sheeping.âChris Ori
https://twitter.com/ACatholicKnight/status/900136085883432960
Dear Daily Signal: You donât value what you donât pay for, is my thought in reading Rachel del Guidiceâs report (âPaul Ryan Calls for Tax Reform, Letting Americans âKeep More of Your Own Moneyââ). Our tax system is the greatest teacher of irresponsibility we have. The 47 percent not paying taxes are plundering our country. The only fair outcome is to have everyone pay the same percentage of income tax.
Our socialist Congress canât or wonât see that they are ruining America. They want their cut of the robbery more than they want to protect America.
Leaving the means of the successful in their own hands is the only intelligent way to lift the general welfare. This step of enlightenment and away from disrespect of personal property is before us.âMichael Watson
House Speaker Paul Ryan calls for tax reform? What does he think his president has been calling for? Ryan is a politically deaf RINO. Get rid of him at the midterm. Give us a flat tax, and take away that congressional power over those of us who they are supposed to be serving.âAubrey Yancey
We donât need tax reform. We need to dump the entire IRS code. We donât need an income tax. A consumption, or sales, tax is what is needed. I would much rather pay taxes on what I spend than what I earn.
HR 25 and SB 19 (the fair tax legislation in Congress) would rid us of the IRS and the lobbyists who have created the onerous tax code we now suffer with. It would benefit lower-income families with the prebate on the ânecessities of life,â it would eliminate the corporate tax, it would eliminate the inheritance tax, it would eliminate filing taxes with the IRS.
There would no longer be 50 percent of the nation not paying their taxes. Read the plan before you criticize.âRobert Davis
Rep. Mark Meadows: Congress Must Make Good on âBoldâ Tax Reform https://t.co/IywOTvpTNA pic.twitter.com/KNQRZMViTC
â The Daily Signal (@DailySignal) August 5, 2017
Dear Daily Signal: Too many of our lawmakers in the House and Senate have been there way too long and think they have forever to get things done (âConservative Leader Says Congress Must Make Good on âBoldâ Tax Reformâ). They should have retired years ago. Term limits in Congress is the only way things will change.
Tax reform is so overdue. Donât even consider the European or Canadian way of taxing. Get Obamacare repealed and get a basic tax reform pushed through as you know you will never get Democratsâ acceptance.âBonnie Clarke
A flat tax is a mistake. We really should have some type of progressive tax rate that imposes higher taxes on individuals and institutions that benefit greatly from public resources. How many companies would survive without access to an educated workforce?
Wealthy and successful European nations have high sales taxes/VAT taxes, which are regressive but seem to get the job done. I think the deduction for mortgage interest payments should be eliminated completely. It disproportionately benefits the wealthy and large borrowers, and promotes excessive investment in homes by those who are able to afford it.
It will be interesting to see what the Republican majority in Congress comes up with; they did such a good job with the repeal of Obamacare. But Trump promised us âthe biggest tax cut ever,â so I have no doubt that is coming very soon. Iâm not sure how they will square that with reducing the deficit, but Iâm sure the Republican majority will figure out that part too.âJohn Levin
I wouldnât mind a flat tax of 7 percent for individuals and corporationsâand this includes welfare, which is income. Only deductions would be mortgage interest (legal residence) and contributions. We also need to eliminate government waste and reduce the deficit.
Do we really need the energy and education departments? State issues, so move them to the states. Eliminate red tape. Read former Sen. Tom Coburnâs book âBack in Black.â Interesting. We need more Dr. Noâs in Congress.âTony Jenkins
***
Dear Daily Signal: Unless the âreformâ consists of implementing a flat tax or some form of the fair tax, first proposed by the advocacy group Americans for Fair Taxation, I donât want to hear about it (âTrumpâs Treasury Secretary Says Tax Reform Will Happen Within the Yearâ).
Anything else is just more of the same: The government confiscating far too much of our hard-earned money to finance its ever more grandiose, ever more controlling, ever more irresponsible, delusional, and dangerous socio-political ambitions.
The fact that Marc Short, the White House director of legislative affairs, is touting another allegedly âbipartisanâ congressional effort and saying he thinks Democrats are âexcited for tax reform as wellâ is hardly reassuring to anyone with a brain and even a modicum of historical perspective. This latest attempt at tax reform may âif it ever gets off the groundâleave us slightly less enslaved. But slaves of the state we still will be.âDale Allen Steinke
Republicans Just Made Tax Reform More Difficult https://t.co/cTPtpVyxyl pic.twitter.com/cBA3QWdsfp
â The Daily Signal (@DailySignal) July 23, 2017
Dear Daily Signal: Regarding Adam Michelâs commentary, âRepublicans Just Made Tax Reform More Difficult,â if our brave young soldiers waited for the perfect time to storm the hill, we would still be sitting on the beaches of Normandy. Grow a pair and move now, as we voted you the power to make bold moves.
As âOld Sargeâ would say, âIf you storm that hill, young men, you may get shot; but if you donât, I certainly will shoot you.â The meaning of this story is move forward or we voters will certainly give you the ax.
We are bone-tired of your campaign double talk and excuses. We have itchy voting fingers. That isnât thunder you hear all over America, itâs conservatives turning over every stone looking for honest conservatives to primary you cowards. To hell with you RINOs. We will find some true conservatives to take a stand if you will not.âMalcolm Harbison
As an extreme liberal, I can find little in Adam Michelâs commentary article on tax reform that I can disagree with. It certainly would be better than the current chaos the Trump administration is causing.
And no, there is nothing even socialistic about the Democratsâ agenda. Even extreme liberals like me do not even approach the classic definition of socialism: a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.âJohn Roberts
So there you have it. The GOP insists on playing by the rules (revenue neutral) and gets nothing done, while the Democrats move mountains with lies, fraud, bribery, extortion, and intimidation. So we will keep ratcheting left until we all are told to wear the hammer and sickle.âAnthony Alfero
Spending our hard-earned dollars was never the problem. Spending our hard-earned dollars on waste, special interests, and corruption is and was the problem. There has to be an expose on how the Senate and House govern themselves.
Exempting themselves from Obamacare is just the tip of the iceberg. Many consider themselves elitists: smarter, richer, and with more influence and control than you or I. And in many ways, they are just that. The rules and laws members of the House and Senate have passed to govern themselves are a disgrace. Reform taxes, please, but look to how any new tax laws will affect them and their cohorts.âMaureen McKenna
Congress is not about Democrats or Republicans; we have been taxed beyond human endurance to support illegal aliens, refugees, and welfare, and to make the majority of Congress richer, by taxing hardworking citizens. Enough is enough.âCharlie Pena
Casey Ryan helped compile this column.