As long as it is 10 percent instead of 30 percent (9 percent instead of 23 percent, inclusive), count me in!
Numbers don’t work, initially, at 10%.
The game is played at “revenue neutral;” so we need the rate to be 23% initially.
It will go down, over time.
10%? I don’t think that is possible, given the FRee spending Congress. But, 15% is certainly feasible in a few years.
Just think how much better off you will be at 23% - do you own math.
FAIRtax is a no-brainer, unless you are a big-government control FReak!
Any income tax is an abomination because income tax equals indentured servitude (= bondage). This country was founded on the belief that the fruits of a man’s labors were his and his alone.
Income tax also is as regressive a form of taxation as is possible because the only way to reduce tax indebtedness to better weather lean times is to earn less. And the government has never shown any discipline in the levying of income taxes and likely never will. This year the average American worked exclusively for the benefit of the government until 23 April (Tax Freedom Day). In 1950, Tax Freedom Day was 31 March. In 1900 it was 22 January.
The only way to keep Congress’ hands out of the cookie jar is not to put any cookies in it.