[Mr. Bird]

The NRST is definitely catching my eye these days, but I read different things regarding its effect on FICA. Why retain FICA? It's a huge drag on employment, and is (as far as I'm concerned) the most immoral tax out there.

I'd prefer a higher NRST rate to keeping the payroll tax.

[Always Right]

I'd prefer a higher NRST rate to keeping the payroll tax.

Don't worry the NRST is already higher, the advertized rate of 23% inclusive, is really a 30% tax on your goods and services. If you bought a new $300,000 house, you would have to pay an extra $90,000 in taxes. The mortgage exemption is no big deal, but the 30% sales tax (which they twist and say is 23%) is a big deal.

[Principled]

The NRST is definitely catching my eye these days, but I read different things regarding its effect on FICA. Why retain FICA? It's a huge drag on employment, and is (as far as I'm concerned) the most immoral tax out there.

The nrst does repeal FICA.
SS benefits are paid out of sales tax revenues instead of having a payroll tax.

NRST=NO PAYROLL TAX.

FAIR TAX FAQ

[templar]

The NRST is definitely catching my eye these days, but I read different things regarding its effect on FICA. Why retain FICA?

It provides the money for the governments daily operations (at least till the baby boomer start retiring en masse), It is the justification for the numbering and tracking of all Americans, It allows the intrusion into the daily economic (and personal) life of all Americans. This is the basis for our way of life (covert control vs overt control), as it makes all the government controls look like they are voluntary for citizens and keeps them hidden. Doing away with FICA is unthinkable (to Republicans and Democrats) for these reasons.