The only just and fair tax is a flat tax on all income which includes social security and health insurance overage. There will be no other taxes levied no real estate, no sales tax, & etc. At the end of the year each taxpayer receives a statement from the government for tax received & if less than a prescribed amount for the number of dependents they get half of what was paid back. Our tax system is a snake pit of evil with many squirming out of paying their fair share. Everyone pays.
When did RD move so far left? Sources like Warren Buffet, a well known Democrat supporter. To the comments from the print version about people with $10MM don't pay tax. No kidding, they INVEST it.
Where's the representation of the total tax burden? The cell phone tax? The gas tax? Etc. IN your print article you say OBAMA lowered taxes on 95%. That is a lie. Taxes went up everywhere else.
I have to say in the past year I am wholly disappointed with RD's hard left biased turn.
America will never have Fair Tax. Congress levies taxes based on payola through “Campaign Donations.” Regular people like us don’t make 6-digit donations that buy favoritism. Fat Cats do.
Somebody should take up the cause and get the present tax system replaced with the Fair Tax. There are people in Congress who support this type of tax but someone, like the Readers Digest, should step up and lead the fight to help replace the present system. I don't have the resources or the clout to get this new tax to the public.
How can you screw up something so simple? Re the FairTax, Income has zero bearing on how much a family receive in the prebate. A family of four who spends $56,000/yr would pay a net tax of 11.5% or $6440 in a sales tax if everything they bought was new. Used (cars, houses, anything) is not taxed.
If you are going to be an expert and write about a topic, at least learn it well.
I vote that we enact the Fair Tax. The most important thing to me is that it will boost our economy to a new level of prosperity. Another important thing is that Social Security and Medicare will continue to be fully funded by the Fair Tax. All federal revenues, in fact, are generated from a single National Sales Tax, and that is as simple as it gets. The I.R.S. is abolished, and we save on compliance costs there, too. This will get us back to our roots.
We would finally live in an era where it was the people vs the government elite. No more class and income warfare perpetuated by politicians. If they want to spend more money they would have to convince ALL of "we the people" that it is justified. Fair Tax!! Tuesday night at 6PM EST on C-SPAN, Congressman Steve King of Iowa will be explaining the Fair Tax. Tune in if you are interested!!!
The Fair Tax is the way to go. It untaxes the poor who will not have to pay their SS and MCare taxes. They will get a monthly prebate instead of having to fill out tax forms each year to get any money back. It will bring international companies to America because we will have 0% business taxes-what company does not want that? Better jobs to choose from. Finally, if the only way the Feds can raise taxes is to increase the sales tax, it would hit ALL Americans-harder for them to hide the tax.
Quick Study: Taxes, Taxes, Taxes
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