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Fair Tax???
Question by Emperor Penguin | Posted in United States
Can anyone resolve to me the economic advantages and disadvantages of a fair tax? Is the fair tax the same thing as the flat tax? Would it ever be possible in the today globe for the US to adopt a fair tax system?
Answer: Advantages of a fair tax (not to some a flat tax, but similar), is that it would be easy to administer, and it would be fairly easy for individuals to be superior to know how to reduce their tax-burden.
The idea is that a sales tax would be imposed on everything, and you would receive
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The Fair Tax System And Its Consequences To Tax Practitioners?
Question by lizbeth230 | Posted in United States
I've been researching and disquieting to learn as much as I can regarding the fair tax system that has been brought into focus by Presidential candidate Mike Huckabee. Throughout all of my readings, I've knowledgeable how this system would affect IRS agents; however, how would it affect those who are
Answer: If you after it that limited in response, they'd be out of jobs because there are NO forms to file. No more business tax either.
Fair Tax Is A Wonderful Promise But Can Huckabee Do It?
Question by JIM | Posted in United States
Eliminating today's complex gains tax sounds wonder. The idea is not new. But would Congress ever allow that to happen? How much oppositon would Fair Tax run into? Unsolvable, yes or no?
Answer: Fair Tax has run into roadblocks for years because it is so regressive and would amount to a 30% or so sales tax (in reckoning to state sales tax.) It is a great idea if you are rich and not great if you are part of the most of us who will pay more.
How Can Anyone Think The Fair Tax Proposal Is Fair, Or Even Decent?
Question by Marcello | Posted in United States
Chat about the following flaws:
The implementation of a national sales tax means retaxed already taxed dollars. So, if I have been investing my after tax dollars for the last 25 years, as in two shakes of a lamb's tail as a national sales tax is incorporated I am going to have to pay
Answer: I'm in favor of tax simplification, but not abandoning our prevalent program.
In the end, we'd either go more socialist (YUCK) or have something similar to what we have now in the end. No matter what they change it to, someone will complain and we'll end up with some of the same exemptions
Do video at: fora.tv Former Arkansas Governor and 2008 Republican Presidential seeker Mike Huckabee explains his support for a federal ...
Orlando Political Press » Blog Archive » Fair Tax Factor & Karen ...
by Jesse Phillips
UPDATE: 6/21, 8:30pm- Reasonable got little talk from Craig Miller’s stand that he, too, supports the Fair Tax, as well as some halfway measures. I will re-task later this week after talking this result over with all the candidates. Should be compelling.
UPDATE: 6/21, 6pm- The Sandy Adams competition has confirmed she is a “sound helper of the Fair Tax”. This certainly makes me reconsider my opt and confirm. Still waiting to agree from Craig Miller. More on this as it unfolds.
Americans for Fair Taxation
Dedicated to fully replacing the proceeds generated under the current federal income tax system with a single rate, National Retail Sales Tax.
Americans For Fair Taxation:
The FairTax taxes us only on what we opt to spend on new goods or ... The FairTax is a fair, efficient, transparent, and intelligent resolution to the ...
FairTax - Wikipedia, the free encyclopedia
The Fair Tax Act (H.R. 25 /S. 13 ) would bid a tax once at the point of purchase on all ... The Fair Tax Act is designed to replace all federal income taxes (including the ...
