"The FairTax rewards the frugal contributor to society and punishes the spendthrift. Stated differently, it seeks to tax NOT what you contribute to our society, but what you take from it."
BEST COMMENT I HAVE EVER READ REGARDING TAXATION. You truly are a Goddess!
To be truly non-distorting to the economy, a tax system should not reward or punish anyone for their preferred economic activities. That would mean taxing savings and consumption equally. That would be an true personal income tax (the current system is not a true income tax)."The FairTax rewards the frugal contributor to society and punishes the spendthrift. Stated differently, it seeks to tax NOT what you contribute to our society, but what you take from it."BEST COMMENT I HAVE EVER READ REGARDING TAXATION. You truly are a Goddess!