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To: snippy_about_it
FLAT TAX people. It’s the only truly FAIR tax.

The Fair Tax is a flat tax, on consumption. A flat tax on income you favor has been tried and is failing. It's called the income tax. When enacted in 1913 it taxed 1% of the first $20,000 and 7% over $500,000. So few people earned more than $500,000 that they essentially paid the former rate. In 1913 less than 5% of the population was taxed. Today more than 80% of the population pays an income tax. Another flat tax on income is only reinventing the wheel and will eventually create another oppressive, complex tax code only the cycle will happen much quicker thanks to thousands of lobbyists that didn't exist in 1913.
37 posted on 01/22/2008 4:46:49 AM PST by Man50D (Fair Tax, you earn it, you keep it!)
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To: Man50D

While you’re at it don’t forget that the 16th Amendment was never properly ratified by the senate. There were plenty of shenanigans over that one.


56 posted on 01/22/2008 5:12:21 AM PST by Emperor Palpatine ("There is no civility, only politics.")
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