Not really, we were talking about what the electorate will let the politicians get away with. And clearly they let politicians get away with both.
In the case of the FairTax I expect the income tax would be reintroduced as an emergency tax once the bulk of the economy went underground or disappeared into the "used" market, and the income tax would only be on Rich people who earned more than say $75,000 per year, say 20% tax, they won't miss it, they're rich anyway.
No strawmen over here.
In the case of the FairTax I expect the income tax would be reintroduced as an emergency tax once the bulk of the economy went underground or disappeared into the "used" market, and the income tax would only be on Rich people who earned more than say $75,000 per year, say 20% tax, they won't miss it, they're rich anyway. No strawmen over here.
Exactly so!
With the loophole left under H.R. 25 which allows Congress to continue to lay excise taxes and calculate the amount of tax to be paid from “income”, why wouldn’t our socialist friendly, big government friendly Congress enact, say a small tax upon those wealthy evil corporations and scoundrels, who make millions of dollars a year and bleed the poor working people, such as was alleged about Leona Helmsley who they sent to jail for an alleged tax fraud, but who actually contributed into the common treasury more in taxes than any twenty average working people in New York?
Regards, JWK___ a proud supporter of our founding father’s ORIGINAL TAX REFORM PLAN
"To lay with one hand the power of the government on the property of the citizen and with the other to bestow upon favored individuals, to aid private enterprises and build up private fortunes is none the less a robbery because it is done under forms of law and called taxation."___Savings and Loan Assc. v. Topeka,(1875).
You expect wrong, Robbie - and it hasn't happened in almost 100 years and won't now because you "predict" it.