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Originally Posted by Hancle704
You may want to pick up a copy of the book FAIR TAX. It made sense to me. It's simple and eliminates many of the problems and unfairness of our existing system. I noted that a few of the Republican candidates have stated they support it and none of the Democrat candidates have come out in support.
The Fair Tax is not on earnings but on purchases of new items only.
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So how is this a fair tax.... The CEO that makes $25 Million a year and spends $5 Million -- verses the guy that makes $35000 a year and spends $40000. THE LOWER AND MIDDLE CLASS take the brunt. :redface: A flat tax on income makes the CEO pay a heck of lot more taxes than they do today.. and equal for all.. I would take one step further, and it should be taxed on you gross income not net
