Subject: The Fair Tax Comment: I think the Fair Tax would be a better system for this country. It will eliminate all income tax and payroll taxes and replace it with a progressive national retail tax. No estate & capital gains taxes. No income taxes. No payroll taxes. Repeal the 16 amendment. Revenue neutral. The tax would be levied on the final sale of newly produced goods and services. People would get a rebate check every month for basic life necessities up to the current poverty level. Collect the taxes at the cash register. No federal tax returns needed. No IRS, just a small agency to collect the taxes from retail businesses. To me this is the best system I have seen and needs to be seriously considered. This would help out everybody because weather or not you buy new or used items (which would not be taxed with the Fair Tax)everybody would benefit. Please consider this fairer tax system. |