Would a combination of a federal sales tax and progress tax work?
by Mortgage Rates on Wednesday, November 10th, 2010 | 4 Comments
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Google “Fair Tax”. Read the book by Linder and Boortz. Get back to me if there is any sane and rational objection to this system, which I favor.
What’s up with the “drug dealers” comment? Do you honestly believe that all low income citizens are drug dealers?
Besides that your idea sounds good to me, but I don’t have a clue why you felt it necessary to muck it up with the drug dealers BS.
Ok I understand now. I like it.
There should be only one type of tax – a ‘consumption’ tax.
The more materialistic you are, the more you pay. Is there anything more fair than that?
That might work, but I would favor just scrapping the income tax altogether. As long as we keep the income tax, the temptation to expand it will be too great for politicians to resist.
Without the income tax, we might see an initial decline in revenue…but hey, the Federal government could stand to cut spending anyway.