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To: Man50D

I’d rather a flat tax than the fair tax. In fact, I would like to see the Republicans put forward a constitutional amendment that would limit the amount of tax the federal government can collect from an individual.


3 posted on 01/08/2008 1:14:54 PM PST by taxcontrol
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To: taxcontrol

That’s why it would be a consumption tax. You give the government taxes through products and services you purchase. As far as I know at this moment, it’s the best way to control how much money the government gets.


4 posted on 01/08/2008 1:18:02 PM PST by wastedyears (This is my BOOMSTICK)
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To: taxcontrol

Limits?? on the government??? what are you some kind of conservative or something???


5 posted on 01/08/2008 1:20:04 PM PST by griswold3 (Al queda is guilty of hirabah (war against society) Penalty is death.)
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To: taxcontrol
I’d rather a flat tax than the fair tax.

The Fair Tax is a flat tax but on consumption instead of income. A flat tax on income has already been tried and has turned into an abysmal failure. It's called the income tax. When the income tax was enacted in 1913 it taxed people 1% of their first $20,000 and 7% above $500,000. Most people were taxed 1% since so few earned above $500,000. At the time less than 5% of the population was taxed. Today that figure has ballooned to more than 80% of the population being taxed. Another flat tax on income will eventually morph back into the same monstrosity we have today only faster thanks to lobbyists.
8 posted on 01/08/2008 1:32:01 PM PST by Man50D (Fair Tax, you earn it, you keep it! Duncan Hunter is a Cosponsor.)
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To: taxcontrol
I’d rather a flat tax than the fair tax.

Been there. Done that. Got a T-shirt?

Reagan did well to get it close to a Flat Tax. It had on a dress and some cosmetic jewelry, but it was a flat tax at its core. It too was molested, cajoled, twisted, fed and corn-holed to what we have today.

The flat tax is much simpler to explain and understand, in theory, but it is still subject to pre-paid tax contributions that can always be altered through legislative schemes.

16 posted on 01/08/2008 1:43:25 PM PST by Tenacious 1 (Racism? There are more than a million people in the world that want me dead because I am American!)
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