The tax arguments never end. Democrats want to raise taxes. Republicans want tax cuts. Would the “Flat Tax” or Fair Tax” end these arguments forever?
Not at all. They would just raise the tax base
Flat tax is a rich man's wet dream. It shafts everyone except the extremely wealthy.
No end to the greed of dems. A flat tax would benefit America greatly. The fair tax is not fair. It is usually an added sales or VAT tax. Very bad.
I like the fair tax.
It is similar to a sales tax but it replaces income taxes.
There is also a pre-bate payment everyone gets to cover the Fair Tax up to poverty level. So low income people are paying 0
Either Fair or Flat are preferable to what we have
They say replace, but everywhere it has been tried it has become an additional tax. The flat tax (ala Ted Cruz) would be much better and fairer
The arguments will never end. They will always be looking for new things to tax, or argue about the rate, to pay for their out of control spending.
I said in a poll: the Democrats purposed the following taxes:
Increase in Income Tax
Increase in Social Security Tax
increase in Estate Tax
FairTax, or any consumption tax, makes a lot of sense, so it will never pass.
Yes, I favor a 10% flat tax for all wage earners. I do not favor the "fair tax," which penalizes consumption.
What happens with people that don’t receive wages like investors?
Flat tax would be closer to 18%.
Fair tax only taxes of new items and l provides a pre-payment to each person for taxes on spending up to poverty level to cover essentials.
Either is better than what we have.
Under the bill, family members who are lawful U.S. residents receive a monthly sales tax rebate (Family Consumption Allowance) based upon criteria related to family size and poverty guidelines.
No funding is authorized for the operations of the Internal Revenue Service after FY2021.
The states have the responsibility for administering, collecting, and remitting the sales tax to the Treasury.