Well, our patient here in the FR Emergency Room has a brain tumor and you (PL) prescribed an aspirin.
While it may relieve some of the pain for a little while, it doesn't solve the underlying problem causing the national headache. The problem isn't the day our taxes are due or even whether they withhold it or we send it in. The Federal Income Tax gives the Federal Government the power to control or destroy us. We have gotten used to the idea that 'they' have a right to our money and a right to know everything about us. They don't. Not if we are free or wish to remain so.
The FairTax (HR 25 / S 25) is the only proposal before Congress that frees us of the requirement to submit to the government as now do. The FairTax rids us of the IRS, the Federal Income Tax, the federal estate and gift taxes, inheritance taxes, and FICA/Medicare taxes.
New goods and services will be taxed. Used goods will not. Businesses will be free of the fiction that they pay taxes (customers pay, businesses collect) and all business to business transactions will be tax free.
A 'prebate' program protects the poor from the progressivity that is normally associated with sales taxes.
The is one rate for everyone.
The tax is collected only one time -- from the end retail user.
There are no exemptions or deductions for anyone.
There are no special favors built in for anyone.
It's fair. It's visible. It simple.
It puts us back in charge. As my FRiend Gabz said, "When I can't control my taxes, I have to control my spending. With the FairTax, I control my taxes so I don't have to control my spending." (did I get that right?)
I support the fair tax.
another sales tax is a BAD IDEA. Go up to Canada and ask them how much they hate it (answer: with a passion)
and giving a 'pre-bate- to ignorant morons is an invitation to let democraps tell them how much they are 'giving' to them.
A simple flat tax on income is the best all around alternative. No 'prebate' required- you dont make enough then you pay 0%- 10%of anything above $40K
Yes, my FRiend, that is what I said, (but it was said poorly, not unusual for me).....My point was that if I was controlling the taxes I was required to pay, I would have more control over my spending.
Under the current system, I only have "X" amount to spend after the government has already taken it's share of what I've earned.
Under the FairTax, as understand it, I'm only paying tax on something I choose to purchase, which means I have far more leeway in my spending. (did I get that right?)