Our so called "leaders" speak. With words they try to jail you. They subjugate the meek. But it's the rhetoric of failure..... Sting / Police Actually, the Fair Tax plan isn't a protest; it is a legitimate plan / organization that is dedicated to reforming the tax system in the USA.
Punative tax rates??? What exactly are you saying here? That someone who is ultra successful, should be punished? It's no suprise that you are in the DC area.
Ever seen the tax code? It is a growing creature currently 17,000 pages long, and would take 1200 hours straight to read once. I know tax attorneys at $900 per hour that haven't even read it all, let alone understand it all. There are portions the IRS cannot even explain although they printed the damned thing. The IRS cannot be reformed. It must be dismantled, or nothing will change with taxes.
I think he's going to f... around with the mortgage deduction, calling it closing a loophole, and screwing homeowners. btw, I did vote for him, so I'm hoping I'm wrong. Seneca
This would be more equitable since wealthy folks buy land and buildings. It would eliminate income taxes for the lower class.