As a 62 year old who cannot afford to retire before reaching 78 under New Mexico's retirement plan, if Social Security is to be privatized, I want all of my Social Security Tax payments returned. After all, I have been paying into the system since age 14.
Mike Pence gets it.
In an interview with CNBC --picked up by The Hill-- the House GOP's number three gave the explicit assurance that a return to the majority for Republicans would mean an extension of the tax cuts.
"Well, we're going to stay focused on Election Day. But I think before that, we're going to continue to demand that this administration and this Congress make it clear that no American will see a tax increase in January of next year," The Hill quotes Pence as saying on the business network.
"So the first thing that we...
While I prefer the Fair Tax from both a moral standpoint (it ought not be Government that gets the first fruits of you labor) and a fairer, more transparent method of collecting revenue for legitimate government services, the Flat Tax stands a better chance of being implemented and that would at least be a step in the right (appropriate) direction.