“You’re obviously a “fair tax” shill.”
No. I personally have always wanted a flat tax. But why would a guy who comes from the business world and is so pro-business like Herman favor the fair tax as the ultimate only tax? I’d like to hear him explain that. People like Neal Boortz are also big advocates of it. Maybe they feel it’s the one way to get all those not paying ANY income tax to pay?
It WILL be up hill to get rid of the fed. income tax, involving Congress and then the states to repeal that amendment.
Herman Cain is no expert on taxes or economics, and I rarely find myself in agreement with Neal Boortz.
The “Fair Tax” is a carefully miscrafted attack on small businesses, and is about as unfair as can be for the nations jobs engine. Nothing is ever going to eliminate tax escapees, and that goal is nothing but cowardly envy.
The affect of the “fair tax” on all business would be at least as arduous as the present system. The true “Flat Tax” is what we need, and should be fighting for. The only deductions that should be allowable are legitimate expenses of operating a business, and the basic cost of feeding and clothing each individual.