Hey, witchy, how's this deal looking up on the hill????
As long as there are Democrats lurking in the halls of Washington, D.C. the "Fair Tax" will always be nothing more than a VAT.
this method would save me substantially in my present situation where i am retired but not yet drawing social security. next year when the wife and i begin to draw our social security, it will cost me much more than i am paying now. this plan taxes social security and that should not happen since it has already been taxed. not only does it tax social security that i am drawing but it requires people drawing social security to pay into the plan while they are drawing from it if they have any other income of significance. something needs to be done about this or it will never fly.
If you would like to be added to this ping list let me know.
John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.
H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.Refer for additional information:
Tax aint fair.
One should avoid wine and strong drink. It can cause you to shoot at tax collectors..... and miss......
This is at least the fourth time you've posted this. How many times do you plan on posting the same thing?
ping for later
Looks like I'm one of the 10%.