Blues Man
Diamond Member
- Aug 28, 2016
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How do you propose that ?Something like a "consumption tax" is probably a good idea, but only if it is progressive, not an exploitative, regressive "same percent for all".We should pay 23% to 24% in taxes. But we should pay it as a consumption tax. And every single person pays the same amount.
It is called the Fair Tax Act. The only federal taxes we should pay is a 23% sales tax. No income tax. No payroll tax. No telephone/build911/surcharge tax. No federal fuel tax.
And you would get a rebate on the 23% tax up to the poverty line, so no one is taxed on what it takes to survive. You get the rebate. I get the rebate. Elon Musk gets the rebate.
And if politicians want to raise taxes, they have to raise taxes on every single tax payer, not just select groups.
And there would be no withholding on paychecks. You make $10 an hour and work 40 hours? You get $400. The 23% tax would be on all new goods and services. Buy used? No tax.
Do we all have to have our income tattooed on our foreheads so the seller knows that one person has to pay more sales tax than another?