After the recent debacle on Capitol Hill, instead of real forward progress, we have the same old tired “Beltway two-step” of “let’s have a committee meeting.” To paraphrase Alfonso Bedoya’s words as Mexican bandit leader “Gold Hat” in the 1948 film, “The Treasure of Sierra Madre:” “Meetings? We don’t need no stinkin’ meetings.”
Truly, we don’t need no stinkin’ meetings. The American taxpayer is tired of stinkin’ meetings that end up nowhere. We all know that next year on January 15 and February 7 (which happens to be my birthday), regardless of what President Obama says, the kabuki dance will be replayed. What we need are competent statesmen who will develop sound policies leading to economic growth.
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The current income tax system attacks success, imposes enormous compliance costs on taxpayers, rewards special interests, and makes America less competitive. A flat tax would go a long way towards correcting these problems. More importantly, it would get the government out of the way of our economy and job creators.
We support moving towards a flat tax system with a single low tax rate, which would reduce penalties against productive behavior, such as work, risk taking, and entrepreneurship. A flat tax will eliminate many special interest exemptions and loopholes. Such a system will also solve the problems of complexity, allowing taxpayers to file their tax returns on a simple form. A flat tax system will also eliminate the tax code’s assault on capital formation by ending the double taxation of savings and investment income. By taxing income only one time, a flat tax is easier to enforce and more conducive to job creation and capital formation.
I stand with Congressman Allen West in support of a flat tax.
Congressman West on the “Liberal” media, “it’s all about fear.”
Congressman Allen West is interviewed by John D. Villarreal of Conservative New Media on a range of issues including the 2012 Election, President Obama, Presumptive GOP Presidential Nominee Governor Mitt Romney, Tax Policy/The “Buffet Rule,” Government Spending & the National Debt, the media, and more!