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To: BitWielder1
I'd prefer Flat Tax. Even Fair Tax has too much bureaucracy and exceptions. Flat Tax is much simpler. A simple personal deduction for yourself and dependencies and then one single rate after that. Eliminate all other taxes. Abolish the IRS. But first: CUT GOVERNMENT SPENDING!!! Any and all tax reforms will be meaningless without that first step.

I mostly agree. The government should be constitutionally limited to only 4 sources of revenue: A 10% income tax, a land tax (acreage only, not buildings); loser pays civil trials; and perhaps some infrastructure usage fees.

I don't like the Fair Tax, it hurts cost of production and encourages smuggling from foreign countries.

45 posted on 03/15/2010 3:18:43 PM PDT by Partisan Gunslinger
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To: Partisan Gunslinger

“I don’t like the Fair Tax, it hurts cost of production and encourages smuggling from foreign countries.”

Would you be so kind as to explain why you believe that? Everything that I have read about the FairTax says the opposite.

The tax is collected at the register so how would smuggled goods hurt anything?

The removal of taxes on business would make the US a haven for business and manufacturing. I don’t see how removing the cost of taxes is going to hurt the cost of production.


50 posted on 03/15/2010 6:47:22 PM PDT by Badray
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