Musings of a Conservative Mom: The IRS/Checks and Balances
It is my understanding that the British and other European countries fled to the New World in order to be free of tyrannical taxation. And yet it seems that all I hear these days is there is only one solution to decrease the deficit–and that ideology is to tax the so-called rich citizens of the United States who earn $250,000.00 or more each year.
Our nation was established on checks and balances and the Constitution established a concept of shared powers via our Legislative, Executive and Judicial Branches. Unfortunately there have been many times that one branch or another have looked the other way when corruption has crept into our government. Each year, the IRS has to contend with new laws that our Certified Public Accountants must learn and implement when preparing a client’s taxes. I personally believe in keeping it simple, and having one set of laws that cover all of our citizens across the board. There are many law-abiding citizens when make under $100,000.00 a year and obey the laws by paying their taxes. Then we have those citizens who think they are either too good to pay their fair share or earn their money under the table in order to deceive the IRS.
I have known a few of those who are self-employed and have made their living by having their clients pay their wages under table. They get paid in cash and generally do not have bank accounts so the IRS cannot find out how much money they are truly making. Then there are the athletes, Hollywood stars, musicians and those in other fields who make millions of dollars but do not pay a dime in taxes because their accountants find all the right loopholes to give them a ‘free ride’. We need to close all of these loopholes and routinely audit them if they have not paid their income tax (or even property tax) in the last two years.
Thus the IRS needs to utilize a form of checks and balances. We must close all those loopholes and most importantly audit all of those who make over $250,000.00, or if a citizen has not paid their taxes, and they are self-employed, take a closer look at their records. The Washington Post states that 46.4% of citizens of the United Stated do not pay their taxes. My question is, how do we close that gap and save our nation from going broke?
Additionally we need to implement laws to stop wealthy businessmen or woman from continuously filing bankruptcy because for many, it’s just like a slap on the hand to them. Many of them have multimillion-dollar properties that should be sold as part of the bankruptcy agreement. A conservative mom like me, who can’t even fathom making over $100,000.00, is absolutely appalled that a multimillionaire can file for bankruptcy and seemingly learns no humility in the process.
Then we have the migrant workers who may or may not pay taxes but they send the money they earn to their home countries. Of course, if their families do live in the United States they get free healthcare, which this conservative mom will soon have to purchase or be fined. There is something very wrong with this picture.
We need to make sure that our representatives understand our concerns about all of this so that can work toward keeping our country solvent and be able to afford to pay things that we really need like–better education and help for our soldiers who come home suffering from unimaginable injuries, such as Post Traumatic Stress Disorder. If we work together and do the right thing, maybe we can finally find real solutions to this economic crisis.