Getting the IRS Gestapo off the individual and focused on the corporations would kick in another chunk of correction.
Yes - It used to be that corporations and individuals each comprised about 30% of gov tax revenue. Now I think (haven't looked at it in a few years, though) that individual are still about 30% but corporations are down to 9-10%.
I'm for abolishing the IRS in favor of a fair tax that would be applied across the board on sales. https://fairtax.org
That $600 transaction rule is going to affect the middle class - PO's a major force behind that one with Paypal and Venmo. There's an article about it on the Fairtax site linked above.
(post is archived)