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To: Responsibility2nd
FairTax--once we switch to it to replace the income tax system--would not only be the biggest boon the economy in over 100 years, but it would be the biggest return of power to all legal residents of the USA since the American Revolution.

I am an avid proponent. But we shouldn't pretend it is uncorruptible or that it does not come with some complications (as any tax system will). I have some unanswered questions about implementation, the switch over, if you will. Also, there are some legitimate questions about those spending their retirement. In the best case scenario, a % of people will get hit hard unless specific tax exempt individuals can be somehow identified (Solidly in retirement for instance).

130 posted on 05/13/2014 10:58:14 AM PDT by Tenacious 1 (My whimsical litany of satyric prose and pontification of wisdom demonstrates my concinnity.)
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To: Tenacious 1

Another thing, The link posted speaks of a “Constitutional Convention”, but the discussion seem to be about taxes. We could pass laws to balance the budget without passing a Constitutional Convention. That is where my fear comes from. In a Convention, there is NO subject off limits. We could just repeal the 16th Amendment and do it some other way without an amendment as we did for a hundred years. A tax law is always tough because we can’t be constrained during times of war. It would be very difficult to write an Amendment to collect taxes ONLY ONE WAY. If we got a flat tax or a sales tax, you can bet the first year there would be a VAT, carbon, energy, or some other form of taxation to get what they want.IMO, a convention for a tax amendment would be a bunch of sound and fury to accomplish very little, and also IMHO, would open up discussion for all sorts of other “good ideas”.


134 posted on 05/13/2014 11:16:07 AM PDT by chuckles
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