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To: Your Nightmare
How many times do I have to say it? The Flat Tax.

Today it's the flat income tax - ok. Do you think the panel will recommend it?

228 posted on 07/22/2005 1:05:07 PM PDT by Principled
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To: Principled
Today it's the flat income tax - ok. Do you think the panel will recommend it?
The Flat Tax is not an income tax any more than the FairTax is. You could just as easily call the FairTax a Nation Income-Spent-on Retail Sales Tax. If anything, esp. on the individual level, the Flat Tax is a wage tax (which is a form of consumption tax). [This is the point where all the ignorant Fanboys squawk about how the Flat Tax is no different than what we have now and how the current system started as a flat tax, etc...]

And I think, at this point, I would say there is a slightly better than even chance the panel will recommend some form of flat tax.
231 posted on 07/22/2005 1:12:48 PM PDT by Your Nightmare (The FairTax. The first tax plan with Fanboys.)
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