In response to:

Flat Tax or Fair Tax?

Cookiepress Wrote: Feb 02, 2013 9:54 AM
Any tax on income keeps the government in control of the people. Fair Tax gives back control to the people. To the person who said Fair Tax would inhibit the spending by the rich. Get real
mcurran Wrote: Jun 10, 2013 4:09 PM
Fiartax sounds great, like the promise of a magic pony that poops gold.

Go learn the fine print tricks. I offer 50,000 dollars if you show ANYTHING in HR25 to prove it's a personal retail consumption tax. In the fine print are massive goofy other taxes Fairtax suckers have no idea of.
mcurran Wrote: Feb 02, 2013 7:35 PM
Fairtax sounds great and I was fooled by it too. Problem is, most of Fairtax has nothign to do with personal retail sales. Fairtax, for example, would also tax all city county and states, on ALL EXPENDITURES -- including wage and pension "expenditures". Yes -- read the fine print. They also tax all city county and states on all investment -- capital investment -- in advance. Yes, read the fine print.

These huge "other taxes" are on top of, separate from, and in addition to the retail sales tax. You pay both -- or rather -- all five. You pay huge other taxes, they simply embed in city county and states taxes.

Go on, read the fine print.

I’m at Hillsdale College in Michigan for a conference on taxation. The event is called “The Federal Income Tax: A Centenary Consideration,” though I would have called it something like “100 Years of Misery from the IRS.”

I’m glad to be here, both because Hillsdale proudly refuses to take government money (which would mean being ensnared by government rules) and also because I’ve heard superb speeches by scholars such as Amity Shlaes (author of The Forgotten Man, as well as a

Related Tags: Tax