New Bill introduced will eliminate the IRS and replace federal income tax with a "Fair Tax" bill
(trendingpoliticsnews.com)
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Ha ha ha yeah THAT'LL pass.
What should happen is the elimination of the IRS and ALL INCOME TAX. There is no "fair income tax" that's greater than zero.
Plenty of other tax revenue sources exist besides the labor of individuals.
The "Fair Tax" is supposed to be a tax on purchasable goods, not an income tax. Supposedly.
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.