H.R. 25, the FairTax act (A national retail sales tax) restricts government spending by making the government pay the sales tax too.
Check out the plan at http://www.fairtax.org
That's a terrific idea on the tax side, and I am all for it. I'm not sure, however, that it qualifies as a spending cut. The Government will either find ways to exempt itself, or if all else fails print more money for itself. Spending cuts have to be specific and significant.
H.R. 25, the FairTax act (A national retail sales tax) restricts government spending by making the government pay the sales tax too.Why do you keep saying this when you been shown it's not true. For every dollar the government pays in taxes they get that same dollar back in revenues. You are just changing the expediture/revenue scale. Where's the disincentive to keep spending?
LOL! So much lack of reasoning in one sentence...buy a clue.