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Keyword: incomeaveraging

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  • The Political Basis for the FairTax

    05/23/2011 6:33:08 AM PDT · by SeekAndFind · 47 replies
    American Thinker ^ | 05/22/2011 | Robert E. Dell and David G. Tuerck
    As the current debate over fiscal reform suggests, very few proposals for fundamental changes in tax policy have the potential to command support across the ideological spectrum.  The "FairTax" is the great exception.  Correctly understood, the Fair Tax Act (HR 25, S13 with 67 cosponsors), which would replace almost all federal taxes with a direct tax on consumption, should appeal to conservatives, progressives, and libertarians alike.  Let's start with conservatives.  The FairTax enjoys more support from this quarter than any other tax reform proposal, including the flat tax and the reforms outlined in Congressman Paul Ryan's Path to Prosperity. ...
  • Time to rally for the Fair Tax

    05/06/2007 7:02:47 AM PDT · by Man50D · 106 replies · 1,210+ views
    Berkeleyind.com ^ | May 1, 2007 | Doug Dickerson
    The income tax has made more liars out of the American people than golf has -Will Rogers By now I would hope that most of you have heard of the Fair Tax. Quoting from the Fairtax.org website, "The Fair Tax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislations, the repeal of the 16th Amendment." Over the years many people...