The chief fear of those who are running for political office about the “fair tax” is concerns about the “poor” getting hit.
That’s one reason democracy doesn’t work.
And that’s been addressed (in Boortz’ book) with the “prebate” for sales tax on what is considered the “base” level of spending on necessities.
Everyone gets the prebate so there’s no complexity added to the system.
The chief fear of politicians regarding the fair tax is the loss of their power. Plus the fact that the tax rate would be in every consumer’s face each day shining the light of the true cost of government.
>>>The chief fear of those who are running for political office about the “fair tax” is concerns about the “poor” getting hit.<<<
There are many fatal problems with the “Fair Tax”. The fact that those promoting it (”Fairies”?)use Lefty, doublespeak, propaganda in naming and marketing it is a huge red flag. Let’s call it what it is, a National Sales Tax.
Also, the problem is not really taxes, it is SPENDING. The Federal Government spends many times more money than it should and mainly on things that it has no Constitutional authority to spend on.
A Flat or at least Flatter Tax makes sense. A true Flat tax would mean each American would pay 1/300,000,000th of Federal spending. Currently, that would be about $11,500 a year paid by every man, women and child.
A “Fair Tax” would be a disaster for the following reasons (and more I am sure):
1) It puts the Federal government in the middle of every purchase you make.
2) It is anti-growth. The wealthy and upper middle class will spend less and hoard their money to avoid the tax. This will greatly slow the economy and destroy jobs.
3) It will create a massive black market for untaxed goods. When everyone sees their neighbors avoiding the “Fair Tax” this way, they will feel they need to do the same to keep up. Nearly every American will become a “criminal” who can be thrown in jail through selective enforcement at the whim of the authorities. (Hint - those thrown in jail won’t generally be Liberals, Atheists, Muslims, Union Members, etc.)
4) The black markets will necessitate (or be used as an excuse for) the elimination of paper money and coins and will force everyone to use some sort of Federal Debit card for all purchases. This would have extreme implications on personal Freedom and could even become a “Mark of the Beast” type situation.
5) If anyone thinks an Income Tax won’t be reinstituted on top of the National Sales Tax, you are more gullible than Manti T’eo, and I am a really, hot girl, in a coma who would love to meet you.
6) It will never be simple. All types of execptions and credits (some perhpas legitimate, others for special interests) will be added to the “Fair Tax” code and you WILL need to file a Federal Fair Tax return that might be even more complex than your 1040.
Again, we need to cut SPENDING. The bill that Washington is running up can’t be paid by ANY tax scheme. If we cut spending to where it should be (or at least to double what it should be instead of 5 times what it should be) whatever tax plan we end up with won’t be so burdensome, no matter how it is split up.
The poor need to get hit ("have some skin in the game" as The Won would put it). If 50% of people pay nothing for government, you're in danger of an electoral majority that thinks big government is a good thing, and comes with no drawbacks, and who think I'm bound by whatever they vote for. That's simply unacceptable.
“The chief fear of those who are running for political office about the “fair tax” is concerns about the “poor” getting hit.”
They say that, but they are lying. Their real fear is the loss of power and the loss of lobby money.
-——The chief fear .... about the “fair tax” is concerns about the “poor” getting hit.———
Which is why the solution that is chosen by the Eurocrats is the Carbon Tax. It is a trickle down tax. The tax is imposed on the energy providers who incorporate it into their bills and the poor pay their pro rata share. The whine about their electric bills, but they pay the hidden tax