| Final-Fan said: FactCheck.org is about as neutral and accurate as they come. Here's what they have to say about the FairTax:
This is the Treasury Department's graph of who will pay what percentage of tax revenue under the FairTax as opposed to current tax law. Notice how everyone is actually paying MORE except for the extremely poor and very rich? You should also check out the part about the misleading "tax-inclusive price" tax rate. |
Riiiight... do you realize what percentage of the population is current paying that 53.5%?
If the extreme minority of people is paying a majority of taxes I don't exactly call that fair. I can understand making those who make more pay more. But what you aren't realizing is that the reason this tax is considered fair isn't because it reapportions who is paying what but because it is based on what these groups spend each year.
What could be more fair then applying the same thing to every person and letting the fact that rich people spend more account for the extra they should pay? If anything you are suggesting we punish people for saving money...that makes no sense.
And I will also say that any system that doesn't involve a death tax is infinitely more fair than what we have now. Seriously who the F thought up the idea..."Oh hey...lets go to everyone who has just lost a love one and ask them for money!! And even better is that we have already taxed this when that person earned it so in addition to being a bunch of douchebags for thinking of it we are breaking one of the fundamental rules of not double taxing people...yes this plan is awesome!"
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| To Each Man, Responsibility |
