Well, I could almost live with those definitions of income. It looks like it excludes about $5 trillion of the tax base, and leaves welfare and social security recipients as non-taxpaying voters, so that's not good.
It could be much improved by removing lines 2 thru 7 from the Individual form, and adding '2(d) Export Sales' to the Business form.
And be sure the SS/M tax is completely eliminated as well, and I'm on board.
Of course, to be revenue neutral, line 7 of the Individual form would probably need to be 25%.
Let's see, you don't like giving a taxpayer a minimum non-taxable living allowance from his own earnings, but you do support sending that same person/family a monthly check whether or not that person/family pays any FairTax?
Help me understand your logic.
Let's see. You could support the Flat Tax IF the SS/MC tax was completely eliminated; yet you now support the FairTax which has the SS/MC tax embeded (buried, hidden) in the rate?
Help me understand your logic?