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“Question: How does the Fair Tax protect low-income families and individuals and retirees on fixed incomes?
“Answer: Under the Fair Tax plan, poor people pay no federal taxes at all up to the poverty level! Every household receives a rebate that is equal to the Fair Tax paid on essential goods and services, and wage earners are no longer subject to the most regressive and burdensome tax of all, the payroll tax. Those spending at twice the poverty level will pay a tax of only 11.5 percent – a rate much lower than the income and payroll tax burden they bear today. Moreover, slow economic growth and recessions have a disproportionately adverse impact on lower income families....”
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The above reads like a Leftist talking-point, “The POOR, poor ‘poor’...”. Nothing re: re-educating oneself, finding another line of work, knock off spending the (now, ‘extra’) $$ on smokes\drinks\gambling. Taking responsibility for self and family.
Hence why I support a simpler, ‘unmodified’ F.T. (IE: xx% rate across the board, init. sale ONLY, NO ‘prebates’, etc).
EVERYONE should have skin in the game, ALL equal to another. One for one group, a lower for another? 11% will quickly become -x% and the fucker-cluck begins again.
The rich use fewer govt services than the ‘poor’ (protection\schools\medical\travel), yet whom gets the bill?
Or simply try your best to do just that.
OK. Go support your tax bill!
What is it?
The Bible calls for a flat contribution (a tenth), with no regard to income level, no?