Do You Support the Fair Tax Plan?

The fair tax may be just another dodge, what is needed is a national sales tax so it would be based on how much you spend rather than how much you make, no exemptions for any group, in that way single mothers with an old beater 15 year old thousand dollar car would pay tax on that and the guy with the hummer would pay on that, the world of buy now pay later would cease to exsist and the real "cost of living" (worry and dread) would be reduced greatly.

The "honest Tax Plan" is neither honest nor sensible: a million. it really is a fantastically regressive tax plan that penalizes human beings for being adverse. those of decrease income will, out of necessity, spend a some distance more effective share of their income than those of larger income, so a intake tax will fall disproportionately on those with the least potential to pay. 2. the wealthy will discover options to devour which will stay away from the tax to a larger degree, mutually with spending their money overseas places the position it received't help our economic gadget. 3. even as individuals are more effective responsible of overconsumption than those of the different nationality, and decreased intake might want to be sturdy in words of decreased degredation of substances, we would want to always imagine of ways this can impact our economic gadget. 4. As reported above, a intake tax might want to have a tendency to push human beings (to the volume that they are in a position) to both purchase interior the underground economic gadget or purchase overseas places to stay away from the tax. this can mean that tax sales might want to fall properly short of what the advocates of this gadget propose. the actual schedule of those in the back of the intake tax is to shift tax burden in course of decrease earning even as concurrently lowering tax sales. it really is anti-adverse and anti-authorities. till there is a few concensus on what spending we would want to always supply as a lot as pay for this, the concept encourages more effective public debt, thereby taxing destiny generations.

only if the fair tax plan was a flat tax, no deductions...you make a million, you pay the same percentage as the guy who makes 20 million...then we are all equal to be productive and innovative...and at the same time...set a limit on how big gov't can be...only so much percentage of the revenue setr aside for gov't...