Subject: Let's do it this way. . . Comment: Firat, get rid of the income tax, social security taxes, employment taxes and corporate taxes. Let everyone keep 100% of their earnings or pensions, yet still fund the government at present levels. Tax goods and services at a straight rate but give a rebate to everyone so that necessities up to the poverty level are not taxed and prices stay pretty much the same. The FairTax is the only system proposed so far that really is fair, simple and a win/win situation for both government and taxpayer. It expands the tax base, gives the US an advantage in international markets, and funds the government, including that sick old warhorse, social security. None of the other proposals do all of that. Those that keep the income tax structure as is merely add to the problem. The FairTax is the only proposal that meets all of the President's standards and was developed over a long period of time by expert economists. It's the way to build a stronger, healthier, more viable USA. |