Corporate taxes are passed to the end consumer. They boil down to VAT taxes in their final result.
Doubling standard deduction, child credits, the whole mess is testimony that individuals are poorly treated by our tax code that doesn’t permit them to withhold all living expenses from their incomes, but permits businesses to set aside any imaginable expense from their incomes.
The answer: tax the end consumer with a sales tax. Buy little, pay little. Buy a lot, pay a lot.
Absolutely. Sales tax is The Only Fair tax.
Agreed! They are “kicking the can down the road;” “rearranging the deck chairs on the Titanic;” “doing the same thing they have always done and expecting a different outcome;” etc. etc.
We can Make America FRee Again by abolishing the income tax and the IRS!
We can Make America Great Again by passing the FAIRtax.
Yes, a national sales tax to capture the underground economy and let visitors assist us.
And a simple flat tax on income, earnings, capital gains and estates.