Albert Maslar / April 14, 2014

ObamaCare & Income Tax Fix Politicians Hate

Steve Forbes on a little-seen cable TV segment with Stossel noted that it takes 979 pages by retiring Rep. Dave Camp, Chairman of the House Ways and Means Committee, to FIX the present income tax code.

In this day and age of fairness, exists the real problem of unfairness in that those who need tax breaks the least, the über wealthy, are the greatest beneficiaries of tax code breaks, income exclusions, and lower tax rates for unearned income. Notable on this list are Bill Gates and his “Population Control” foundation that is heavily funded by Warren Buffet. Actions of these two paragons of American business represent the dire warning of Jesus Christ, “No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.”

Previous attempts to solve the fiscal problem failed with no probability that Congress can ever successfully solve the problem, so Congress passed the buck to a bipartisan Super Committee which recommendations were to be accepted without amendment, which they were not.

The Joint Select Committee on Deficit Reduction, was headed by the Erskine Bowles and Alan Simpson Super Committee of Congress, created by the Budget Control Act of 2011, and intended to prevent debt default that could have resulted from the 2011 debt-ceiling crisis. The objective of the committee was to develop a deficit reduction plan over 10 years in addition to the $917 billion of cuts and initial debt limit increase of $900 billion in the Budget Control Act of 2011 that avoided a U.S. sovereign debt payment default.

Needless to say, recommendations of the Super Committee were never completed or approved, thus forcing automatic “sequestration” across-the-board cuts that would be equal to the debt ceiling increase of $1.2 trillion, thereby bypassing Congress to their chagrin.

Bowles and Simpson, co-chairs of President Obama’s Deficit Commission, released a broad plan to reduce the federal deficit by cutting spending and raising taxes. The plan included various options that would impose different changes on the tax side of the fiscal equation. The first option, “The Zero Plan,” would, among other things, pare away most tax expenditures (Note that tax cuts are considered to be tax expenditures), devote $80 billion annually to reduce the deficit, and use remaining revenue gains to cut tax rates. The Bowles-Simpson fiscal plan would reduce the Annual Deficit by $2.5 trillion over a decade, but it never came into being.

Congress cannot come to grips with reduction of spending, debt, or taxes absent the likes of the 979 page Dave Camp revision of the Income Tax Code that would no doubt require an accompanying 10,000 pages of undecipherable contradictory ifs, ands, or buts, that only lawyers can love.

According to the Federal Register, final ObamaCare ACA rules published by the administration comprised 10,535 pages approximating nearly 12 million words. More alarming than the impossibility of 100% compliance is the fact that the IRS, currently used as a tool against Obama enemies, will exercise compliance with ObamaCare with flagrant abuse of unfettered power answerable to no one.

Replacement of ObamaCare and revision of the tax code are thrown in the face of Republicans that are challenged to come up with something better to replace ObamaCare, and only the deficient Paul Ryan Tax Plan has been offered. The irony is that there exists a 3-page plan to replace ObamaCare while simultaneously reducing all income taxes, personal and business, to a graduated 20% MAX. The following is a less than 1-page 283-word summary of the combined plans. That is too easy for Congress that hates to read or acknowledge the plan, as they are accustomed to voting on laws they did not read. This ObamaCare and Income Tax Fix Politicians Hate to Read as they have been conditioned to not read anything proposed, but follow the lead of the professional incumbents.

SUMMARY (283 Words): Institute a 3% National Sales Tax with NO exceptions or exemptions for resale, charity, non-profits, religious, education, or government. The many cannot be continually supported by the diminishing few. NST may generate more than $7 Trillion annually, double current spending, reduce national debt, spread tax burden to ALL residents and income, legal or not. Allocation would be one-third each toward Budget, Reduction of National Debt, and Universal Medicare (UMC) for all legal residents of the U.S. UMC automatically eliminates most mandated State Medicaid costs, reduces State budget shortfalls, and State tax requirements.

MediCare has a proven superstructure, rules, regulations, is good enough for seniors, and UMC automatically applies to all legal US residents with Social Security Number, valid visas for work, students, etc., with no $Billions of ineffectual signup costs required. All 300 Million legal residents would automatically be covered with deductible and co-pay determined by a mandatory Income Tax Return that includes All income, earned, unearned, and welfare.

As to replacement of the Income Tax Code that is too tangled and complicated to fix, ALL income would be equal with no special treatment for any kind or source of income, earned or unearned. Income Tax rates would be equalized for Personal and Business with a single graduated tax rate table of 20% max. Low tax rates create jobs. Inflation increases NST collections precluding future necessity to increase rates.

Under the proffered Simplified Income Tax (SIT), Effective tax rate on Taxable Income of $100,000 is 2.74%. Effective tax rate on Taxable Income of $1 million is 7.47%. Effective tax rate on Taxable Income of $1 billion is 19.88%. The entire revised income tax code would sunset when National Debt reduces without SIT revenues.

Start a conversation using these share links:

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


“Our cause is noble; it is the cause of mankind!” —George Washington

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2022 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.