To: Man50D
Actually, the simplest would be the Flat Tax.
Fair Tax would require a constitutional amendment and substantial clarification of who pays, how much and on what.
To: taxcontrol
Actually, the simplest would be the Flat Tax. Fair Tax would require a constitutional amendment and substantial clarification of who pays, how much and on what.
And that is the problem, we had a "flat tax" back in the '80's and look where we are back to now. Fair Tax locks the Politicians out, and that is the direction we should go...
Constitutional Amendment... Get rid of the "progressive" tax code, disband the IRS and most importantly, pull the tax code and its power from the Politicians hands.
If we are going to get back to our Constitutional roots... then lets really get back to them!
4 posted on
01/13/2010 3:42:12 AM PST by
AvOrdVet
("Put the wagons in a circle for all the good it'll do")
To: taxcontrol
Actually, the simplest would be the Flat Tax.
The Fair Tax is a flat tax but on consumption instead of productivity as it will apply only one rate at the point of sale. We've tried a flat tax on income and it has become a miserable failure. It's our current income tax code. People were taxed 1% on their first $20,000 of income and 7% on income over $500,000 when the 16th Amendment was enacted in 1913. It was essentially a flat tax on income since less than 1% of the population earned more than $500,000 in 1913. Another flat tax on income will evolve back into the same morass we have today only faster thanks to the thousands of lobbyists that didn't exist in 1913.
Fair Tax would require a constitutional amendment and substantial clarification of who pays, how much and on what.
You are referring to repealing the 16th Amendment. The Fair Tax Act will only require a majority vote in Congress.
6 posted on
01/13/2010 3:47:32 AM PST by
Man50D
(Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
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