Sean245 Wrote:
Jan 31, 2013 12:00 PM
So class warfare, prebates and other tools for abuse are built into the fair tax system. This leaves the politicians free rein to buy votes with increasing prebates, income thresholds, the power to define what a luxury is, etc., no thanks! Can you just see the debate in congress if one representative thinks too many items produced in his state are deemed luxuries and therefore taxed at a higher rate? “I tell you what Bob, you approve the bridge to nowhere in my state and I’ll vote to have the tax on yachts reduced to 45%.”