I don't think the Fair Tax applies to essential foods or basic clothing. I may be wrong about that (its been a while since I even seen it mentioned), but I am pretty sure that was the case.
UBI is also part of the Fair Tax. It replaces replaces welfare. UBI is also used to offset the impact of the Fair Tax on the poor.
Things may have changed. Regardless, I would be for this so long as the income tax is ABOLISHED and the cap for the Fair Tax is set to something reasonable. At one point, the Fair Tax was proposed as a 20% tax .... I've seen it go as high as 30% ... I think the range is on purpose though ... if the tax can be capped at 30% and introduced at something like 20%, raising it should be a pain in the ass as people would feel the impact of it the day after it is increased.
I would much prefer to control what I am paying in taxes. Taxing income is fucking barbaric and pathetic ... the 'progressive' system makes it even worse.
Dude, if that's federal tax, $100 in groceries turns into $123, and that's before any state taxes. That's insane.
I don't think the Fair Tax applies to essential foods or basic clothing. I may be wrong about that (its been a while since I even seen it mentioned), but I am pretty sure that was the case.
UBI is also part of the Fair Tax. It replaces replaces welfare. UBI is also used to offset the impact of the Fair Tax on the poor.
Things may have changed. Regardless, I would be for this so long as the income tax is ABOLISHED and the cap for the Fair Tax is set to something reasonable. At one point, the Fair Tax was proposed as a 20% tax .... I've seen it go as high as 30% ... I think the range is on purpose though ... if the tax can be capped at 30% and introduced at something like 20%, raising it should be a pain in the ass as people would feel the impact of it the day after it is increased.
I would much prefer to control what I am paying in taxes. Taxing income is fucking barbaric and pathetic ... the 'progressive' system makes it even worse.
I agree the rate is too high, but look what is stolen in from your paycheck each pay period and compare that with that $23/week.