Of course you prefer this. So do I. This is the ideal system because it will even tax the so called black market except for off the books purchases and barter. But still much better than what we have and interestingly should bring about the same revenue ( or more) because every transaction is really income for someone.
” Of course you prefer this. So do I. This is the ideal system because it will even tax the so called black market except for off the books purchases and barter. But still much better than what we have and interestingly should bring about the same revenue ( or more) because every transaction is really income for someone. “
THE FAIR TAX WOULD BE THE BIGGEST TRANSFER OF POWER FROM DC BACK TO THE PEOPLE IN THIS COUNTRY’S HISTORY
The Income Tax is also a class warfare tool.
Take it from an accountant, most people can’t even imagine how monstrous and oppressive the IRS is, and how much the current tax code strangles our economy.
The National Retail Sales Tax, or Fair Tax, is a way to take power back from the politicians and lobbyists by doing away with all the federal income taxes (personal, estate, gift, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes)
The FairTax is replacement, not reform. It REPLACES federal income taxes including personal, estate, gift, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes.
The FairTax is replacement, not reform. It REPLACES federal income taxes including personal, estate, gift, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes.
Please quote any parts that might make sense to people who have been brainwashed into loving the income tax.