
08-03-2016, 09:28 AM
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Quote:
Originally Posted by Guest
Most of what you said is correct except one item, FLAT TAX. I think you meant FAIR TAX. Flat tax is income tax that is the same percentage for everyone, whether you make one buck or a million. Fair tax is a sales tax.
To me, the fair tax is the most equal tax, as it all depends on consumption, not income. A senior that saves money or has non-liquid assets shouldn't have to pay tax on it until they spend it for products. A rich person spends tons of money and they would pay tons of taxes. What could be more fair than that?
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No argument with that
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