Immanuel
Gold Member
- May 15, 2007
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I'm all for that as long as you eliminate (nearly all) the deductions, credits, and loop holes. If you leave all the gimmicks that are in place now, the only thing a flat tax does is push the tax burden down.
Pssst! I said Fair Tax not Flat Tax. The flat tax wouldn't work although it would be better than the convoluted bullshit we have today. The flat tax would not work, because you would still have people that worked under the table and didn't claim income.
Immie
Right, and with the fair tax no one would take cash for goods and not pay the sales tax. Sure.
You'd probably have a very little bit of that, but then if you are doing business with me... I might be an IRS agent and well... Go to jail... go directly to jail, do not pass go. Do not collect $200.
How much of what you state goes on today under the State Sales Tax? Not a whole hell of a lot.
Immie