Just as Karl Marx planned and wrote in his book in 1848. The income tax is the best way to defeat free enterprise. Defeating free enterprise is the best way to install Communism.
The Fair Tax is just the opposite. It gives the government incentive to create a good business environment.
What was the top Federal Income tax rate 100 years ago? I know the answer, but would like to hear from fellow FReepers' opinions as to where were then, and where we are now.
I would be happy to start over and work hard to prevent a repeat. Unless these vitamins work better than I expect, I would be here in 100 years. A clean slate can undo a lot of sins.
There are many problems with politicians and the FT wouldn't solve them all. It will solve some and it will remove an important arrow from their quiver, the present complex tax code, and the influence of the special interest working through that code.
Indeed!
There's only one way to kill capitalism--by taxes, taxes, and more taxes.” --Karl Marx