Madeline
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- #81
asterism wrote:
You can proclaim that all you want, but it doesn't make it any less false.
FairTax at 23% is a rate cut but a revenue increase.
Americans For Fair Taxation: Americans For Fair Taxation
We can argue over the correct numbers, asterism. IMO, a flat tax rate at about 14% generates revenues similar to the current income tax, but redistributes that burden. The Fair Tax proposal is appealing for many of the same reasons as a Flat Tax but will never become law. There are far too many obstacles to ever seriously hope we will abandon progressive taxation on income in the US.