These folks up in Washington are gonna give up neither.
Millions of Americans have been clamoring for tax reform for years....NADA.
The feds shuffle, stir, flip over the same tax code over and over, but never a radically different plan. Why?
Because, the fed’s know that by enacting a fair tax rather than the income tax would give the people the power to pay taxes the way WE see fit.
For instance, if your layed off from your job...you naturally cut back on spending. If you wish to save more, you cut back on your spending.
I could name many circumstances that empower YOU instead of the federal government.
Secondly, the IRS has been used thousands of times as an enforcement entity against the citizens of the U.S.. Sometime justly, sometimes not.
Take political opponents of the Clinton's for example. Was it just a wild coincidence that many of this presidents critics / opponents suffered IRS audits during the midst of controversy?
It was not an accident at all. Juanita Broadwick, Jennifer Flowers, Paula Jones and more were subject to IRS inquiries while they were actively seeking to tell their stories. Some endured full blown IRS audits.
Despite what we may wish for, the power the current tax code has to manipulate and scare our citizens is an effective weapon when used in an illicit manner.
Sounds like conspiracy theory doesn’t it? It’s not, it’s real.
Under the current system, if you're laid off from your job, chances are that you will pay less in income taxes.
With the FairTax, if you are laid off from your job and your refrigerator dies, you will pay full tax on a replacement. Same with car repairs, food, utilities, water, laundry detergent, medication, etc. If you need to tap savings or borrow money to meet unexpected expenses, you will need 30% more for the FairTax.