>>>"Two words: Fair Tax"<<<<<
DITTOS and BUMP
You know, as much as I hate the IRS, I’m not sure FairTax is the way to go.
I looked at the link to the website(albeit briefly), and the first thing that came to mind was, “Ok, that sounds good, but then, what keeps all the companies from just buying their merchandise overseas, building it overseas, and shipping it here?”
By doing it this way, would they be able to avoid paying US taxes? And if they could, they would encourage companies based out of the US to ship even more jobs overseas, causing an economic tailspin. Sure, you’d be able to have retirement and education savings untaxxed, but would you have those savings without a job?
The alternative is to include regulations to keep companies from doing that, but then you’re stepping on fair trade, and we may as well just adopt the entire socialist agenda.