Mark S. Wrote:
Nov 19, 2012 2:30 AM
Why is it so hard to understand and explain the Fair Tax plan? It is not a VAT that is paid IN ADDITION to current taxes, it is a consumption tax that REPLACES all current taxes! This means no payroll tax, no social security tax, no any tax period! You get to keep your ENTIRE PAYCHECK and only pay tax on the purchase of new goods and services. It doesn't get any simpler, and the key feature is that it puts the power of taxation in the hands of the consumer, NOT the politician. It also ensures that everybody pays SOMETHING, not like the current system where 47% of taxpayers pay NOTHING in federal taxes and the rest of us have to support them. That's insane, and it has to stop or we're doomed.