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First off, what is the Fair Tax? I do not understand how a sales can replace every other tax. Second, do you support it? And thirdly, why or why not?
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I have already intimated to you the danger of parties in the state, with particular reference to the founding of them on geographical discriminations. Let me now take a more comprehensive view, and warn you in the most solemn manner against the baneful effects of the spirit of party, generally. --George Washington |
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2. Yes, I do support it. It would be a huge savings to our country and a great sigh of relief to be rid of the IRS 3. Rich people who spend the most money on luxury would pay the most taxes. Drug dealers, pimps, illegal aliens all would pay taxes on the amount purchased. Less loopholes, tax shelters. |
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But there already is a tax on purchased items? Would this just include increasing that tax to the point that it would replace the income tax?
__________________
I have already intimated to you the danger of parties in the state, with particular reference to the founding of them on geographical discriminations. Let me now take a more comprehensive view, and warn you in the most solemn manner against the baneful effects of the spirit of party, generally. --George Washington |
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Huge fan and it's nothing like a flat tax.
It's a national retail sales tax that replaces the income tax, not all other taxes. You pay a sales tax only on new goods and you recieve a monthly prebate to cover the basic neccesities of live based on family size. You can learn more by following the link in my sig.
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So it would raise the retail sales tax to 23%? Wouldn't that hurt the economy? I don't understand.
__________________
I have already intimated to you the danger of parties in the state, with particular reference to the founding of them on geographical discriminations. Let me now take a more comprehensive view, and warn you in the most solemn manner against the baneful effects of the spirit of party, generally. --George Washington |
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The boost comes from you getting to keep 100% of your paycheck every week instead of handing over 25% at a time and then waiting a year from Uncle Sam to send you some of it back.
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__________________
I have already intimated to you the danger of parties in the state, with particular reference to the founding of them on geographical discriminations. Let me now take a more comprehensive view, and warn you in the most solemn manner against the baneful effects of the spirit of party, generally. --George Washington |
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