To: Man50D
“The Great One” has questioned the constitutionality of the FairTax.
I therefore respectfully disagree and suggest a FlatTax for your consideration.
40 posted on
01/20/2008 8:44:26 AM PST by
oiler
(Reagan Republicans Unite!!!!! "Not gonna forget. Not gonna forgive.")
To: oiler
I therefore respectfully disagree and suggest a FlatTax for your consideration.
The flat tax on income does not abolish the IRS as will The Fair Tax. The Fair Tax is a flat tax on Consumption. The income tax code began as a flat tax when enacted in 1913. It taxed 1% of the first $20,000 and 7% above $500,000. It was essentially a flat tax because so few people earned more than $500,000. Less than 5% of the population was taxed in 1913. Today more than 80% of the population pays an income tax. The situation is getting worse with the AMT debacle. Imposing another flat tax on income will only evolve back into the oppressive and incredibly complex tax code we have today. It will return much quicker due to lobbyists.
84 posted on
01/20/2008 11:09:33 AM PST by
Man50D
(Fair Tax, you earn it, you keep it!)
To: oiler
"The Great One" is certainly not a constitutional scholar or an attorney. There have been those lawyers who teach constitutional law arguing that indeed the FairTax is quite constitutional.
And I believe that they are correct.
451 posted on
01/21/2008 8:10:32 PM PST by
baybabe
To: oiler
“I therefore respectfully disagree and suggest a FlatTax for your consideration.”
Which flat tax proposal do you support?
537 posted on
01/22/2008 2:11:13 PM PST by
phil_will1
(My posts are in no way limited or restricted by previously expressed SQL opinions)
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