All the flat tax bills include both the EE and ER portions of payroll tax and business income taxes. If one is proposed without them, I'd be in favor.
... just as there's nothing about a national sales tax that demands in principle the income tax be eliminated.
Section 101-102:
SEC. 101. INCOME TAXES REPEALED.
SEC. 102. PAYROLL TAXES REPEALED.
THere is no other nrst bill.
Enter "HR 25" without quotes.
... just as there's nothing about a national sales tax that demands in principle the income tax be eliminated. All the flat tax bills include both the EE and ER portions of payroll tax and business income taxes. If one is proposed without them, I'd be in favor.
Section 101-102:
SEC. 101. INCOME TAXES REPEALED.
SEC. 102. PAYROLL TAXES REPEALED.
THere is no other nrst bill.
I understand that, but tying together the repeal of the income tax with the introduction of the fair tax in the original bill doesn't tie them together in principle brings them no closer together actual in practice because even if we put aside the problem of getting the states to ratify repeal of the 16th amendment, there would be no gurantee 101 and 102 would get through commitee.
Did you read the link to the Hoover Institue article? What did you think of his proposal? I'd like to see the U.S> do what Hong Kong does and institute a voluntary flat tax, so that people can choose the mammoth tax code with all its deductions and complexities or the proverbial simple post card.