Tom Del Beccaro on Tax Reform

Tax system is divisive because only half pay income tax

Many of our politicians use taxes as their sharpest class warfare weapon. Hillary has gone so far as to say she wants to "topple" the top 1%. No society, however, has benefitted from class warfare-- let alone the poor. Not a single one. Opportunistic politicians yes, society no.

Ask yourself what benefit it has produced in America today--or consider the failed revolutions of history that have destroyed wealth and redistributed poverty--most of which started with class warfare. Pitting one part of society against another with the tax code only produces resentment. That resentment is growing in America today and plays a role in the riots we see.

A flat tax for the Nation and California

• A flat tax for the Nation and California,
• A comprehensive program to make California a world leader in water technology, infrastructure and distribution.

Personal & corporate flat tax: 15.5% federal and 6% state

• Replace the current corporate tax system with a 15.5% net business income tax with immediate expensing for business purchases and deductibility of wages.
• Replace the current personal income tax with a flat 15.5% rate on wages, capital gains, dividends, interest and inheritance.
• The payroll tax should be retained but its cap should be eliminated.
• The elimination of the estate tax, Affordable Care Act tax and all tariffs.

• A 6% flat tax imposed on all federal income subject to tax.
• The elimination of the thousands of pages of state tax code. Californians would be able to fill out a simple post card for their tax returns.