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Sqrl said:
Entroper said:
Andir said:

The next budget meeting would simply be, do we need to raise this flat tax by .1% to bring in more funding or reduce it by .1% to relax spending?


There's an advantage I didn't even think of when considering a FairTax or flat tax: Tax hikes and cuts are obvious. You can't screw around with the details because there are no details.


Wow, for some reason I hadn't though of that either...thats actually really nice...obviously not a reason on its own but still....



 

 It is a reason on its own. Fair Tax can be likened to a very large pair of scissors, and their victim would be congress' taxticles. (Like what I did there?). With the Fair Tax lobbyist cannot make closed door deals and congress could not use tax code to control constituent behavior. One of the Fair Things about the Fair Tax is that it takes all the sleaze out of the tax code and removes loopholes. 

Also I suggest those who fancy themselves critics of the Fair Tax do something before debating on forums. The something is called research. The bill itself is the result of over $25 Million dollars and over a decade of independent [from congress] economic research. The numbers work, very well. I recommend the following research tools.

1) http://www.govtrack.us/congress/billtext.xpd?bill=h109-25

Oh yes, the actual text of the Bill. Read it. Knowledge is power.

 

2)http://www.amazon.com/Fair-Tax-Book-Saying-Goodbye/dp/0060875496/ref=bxgy_cc_b_img_a

there are those who after reading number 1 may go "HUH??", well thankfully the sponsoring congressmen (Linder) and advocate (Boortz) have taken the time to spell it out. The book is entertaining, but gives plenty of easy to understand explanations. 

 

3)http://www.amazon.com/FairTax-Answering-Critics-Neal-Boortz/dp/0061540463/ref=bxgy_cc_b_img_b

Boortz's next book is not out until Feb 12, but the book responds to the new wave of criticism the Fair Tax has received since Huckabee announced his support of it.



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