Tuesday, July 21, 2015

RAND PAUL TAKES CHAINSAW TO U.S. TAX CODE

Presidential hopeful battles "all 70,000 pages" in campaign ad

by MIKAEL THALEN | INFOWARS.COM | JULY 21, 2015


Republican presidential candidate Rand Paul took a chainsaw to the U.S. tax code this week in a new campaign ad aimed at highlighting his flat tax plan.

The video, entitled “How Would You Kill the Tax Code?” shows the Kentucky senator throwing the 70,000 page law into a wood chipper before finally lighting it on fire and splitting it in half with a chainsaw.

“Hey, I’m Rand Paul and I’m trying to kill the tax code, all 70,000 pages of it,” Paul says.

According to Paul’s website, the tax code, which has become “corrupt, complicated, intrusive and antigrowth,” needs to be completely dismantled and replaced with a “Fair and Flat Tax.”

“I am announcing an over $2 trillion tax cut that would repeal the entire IRS tax code—more than 70,000 pages—and replace it with a low, broad-based tax of 14.5% on individuals and businesses,” Paul writes. “I would eliminate nearly every special-interest loophole. The plan also eliminates the payroll tax on workers and several federal taxes outright, including gift and estate taxes, telephone taxes, and all duties and tariffs.”

Despite at least 4,430 changes to tax laws between 2001 and 2010, Paul adds, everyday Americans continue to be plagued by income inequality. Paul says his “all-American solution” would keep those with an “arsenal of lobbyists” from gaming the system and paying lower taxes than the middle-class.

“Every year the Internal Revenue Code grows absurdly more incomprehensible, as if it were designed as a jobs program for accountants, IRS agents and tax attorneys,” writes Paul.

Paul also took note of the Obama administration’s use of the IRS to target their political rivals, a result of the agency’s unchecked influence and power.

“Another increasingly obvious danger of our current tax code is the empowerment of a rogue agency, the IRS, to examine the most private financial and lifestyle information of every American citizen,” Paul writes. “We now know that the IRS, through political hacks like former IRS official Lois Lerner, routinely abused its auditing power to build an enemies list and harass anyone who might be adversarial to President Obama’s policies. A convoluted tax code enables these corrupt tactics.”

The proposed tax reform also aims to derail special-interest groups, crony capitalists and corporate welfare.

“Today, the American people see the rot in the system that is degrading our economy day after day and want it to end,” Paul wrote in closing. “That is exactly what the Fair and Flat Tax will do through a plan that’s the boldest restoration of fairness to American taxpayers in over a century.”

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http://www.infowars.com/rand-paul-takes-chainsaw-to-u-s-tax-code/