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Originally Posted by Guest
Not likely with a 2-3% reduction in corporate income tax, but reducing the rate to zero would have that effect.
Actually eliminating all income taxes and instituting The Fair Tax would not only have the effect of lowering retail prices by about
20% across the board but would also allow you to choose how much you want to pay in taxes and take power over you away from Congress. That is probably the main reason why it will never pass.
Pass the FAIRtax | FAIRtax |
No no no...the "fair tax" is anything but.
It's a VAT tax...ask Europeans what they think of the VAT.
It will ADD to the cost of EVERYTHING affected by it.
The ANSWER is the government gets out of ALL the crap it has it's hands in. But then what do you do with all the unemployed as government is the nations largest employer.