Quote:
Originally Posted by CammiB
I would be for the fair tax. I like the idea of the flat tax better though. Less complicated and still fair.
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How on earth is it LESS complicated? With the fair tax we no longer need accountants to figure out our tax liabilities each year. We pay the taxes at the point of sale. It's a no hassle method for the average person for dealing with the taxes.
Don't forget to consider the amount of money that would be saved in accounting fees alone each year just TRYING to comply with a tax code that is too difficult to understand for the average citizen. More importantly, for me at least. those with power and influence won't get around the need to pay taxes altogether.
There are tons of benefits to the Fair Tax (rewards good spending, taxes rank consumption, encourages purchasing used rather than new items so it's a greener plan for taxation because it rewards the philosophy or "reduce, reuse, recycle".