> “After these revelations of political targeting by the IRS, we need to padlock and shut down the building, abolish the IRS, and move to a flat tax or the FAIR Tax.”
Senator Cruz, I don’t know if you said these exact words or the writer imagined the ‘flat tax’ part, but with all due respect:
A FLAT TAX NEVER STAYS FLAT!
Flat taxes in our American tax history (there have been several) always get amended to a complex intractable code. There have been more than 20,000 amendments to the tax code since the last major reform in 1986.
The FairTax is the way to go:
http://www.fairtax.org/site/PageServer?pagename=FAQs
I skimmed the info at the link.
They say the fair tax percentage can’t be changed.
Question:
but if the fair tax is a federal retail tax; how does it differ from a regular sales tax whose percentage can (and has) change?