Originally posted by Johnmike
www.lewrockwell.com...
This is interesting.
Jim Cox is an idiot..
The Fairtax will show its little face every time you make a purchase. This in turn allows us to know exactly what we are giving to 'Uncle Sam'.
Under the current system in place now, there are too many ways for lawmakers to hide taxes from you and me. In other words the fairtax makes the US
government more transparent to the american ppl.
The Fair tax lowers the tax burden on 'everyone', while keeping the gov't revenue neutral. The hidden beauty of the FairTax is that you see what
you pay every time you buy something. Why should it be 'okay' that we should only look at what the gov't lets us keep? The government effectively
takes about 26%-30% out of your paycheck, and if they take too much, then we have to wait a year to get it back with no interest..
The FairTax solves the social security crisis, pays for Medicare, pays down the national debt, and releases our nation’s individuals and businesses
(Small and large) to become as successful and productive as they desire. There have been estimates that our nation’s economy would more than double.
Even if it only grew by only 40%,
the investment and growth in the stock market alone would resolve all of the issues with the major airlines and
automobile manufacturers. There will be good high paying jobs for americans! The simplicity of the FairTax frees Americans from our current
overwhelming tax code and will strengthen and unshackle the U.S. economy.
Also, the fairtax has been heavily researched and debated for over the past decade.
Also, illegal aliens who get paid "under the table" will have to pay taxes because when they purchase goods at the checkout counter they are paying
our taxes. They will also not be eligible to receive the prebate since they ARE NOT american citizens. The fairtax will also make americans more
competitve with illegal aliens for jobs. And what about If we make international tourists tax payers by way of the consumption tax, tax revenue
increases dramatically! The pros far out weigh the cons. That I assure you. NO current taxation system out there even compares to what the fairtax
will do for our nation.
[edit on 113030p://2804pm by semperfoo]