New Bill introduced will eliminate the IRS and replace federal income tax with a "Fair Tax" bill
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The "Fair Tax" is supposed to be a tax on purchasable goods, not an income tax. Supposedly.
It is confiscation of Americans' hard earned money to fund BIG GOVERNMENT.
Vote it down. Vote down all who support it.
Consumer spending is what drives the growth of the American economy. What would this idiotic plan do to consumer spending?
Is the intent of this bill to kill the economy? Is this an early salvo from McCarthy and the globalists?
Looks like it to me. This is an America-killer plan.
Well that’s a pretty myopic point of view. You should study the Fair Tax before you pass judgement - lots of assumptions flying around here.
Educate yourself - Fair Tax is a solid plan that’s been around for decades. There’s plenty of info about it.
Don't spend money amd you don't get taxed. Also, purchase privately and the other guy paid the tax already.
All of them need to back away from the tax trough. They've abused this to the point that there is little legitimate reason for any tax.
OK cool, I was mistaking it for "FLAT tax"
Now. The "Fair" Sales Tax won't be, unless it's permanently locked at under five percent, with no provision for making it higher. The 15% or whatever they're pimping is beyond outrageous. Can't run your fucking fedgov on five percent? Oh well, time to kill some of it off. Kill some pork, worthless "programs", exorbitant salaries, etc.
Must be locked at low rate with no provision to raise it ever. The key will be if the government t wants more money they'll have to encourage production and spending instead of stifling it.