How To Turn Around the U.S. Economy

Discussion in 'Politics' started by FrostyTrader, Oct 14, 2013.

  1. Ricter

    Ricter

    My bad, I thought fairtax advocated a flat tax rate on purchases.
     
    #21     Oct 15, 2013
  2. Tsing Tao

    Tsing Tao

    It does, sorta. It's a percentage sales tax on purchases. But it does so in lieu of doing away with income tax.
     
    #22     Oct 15, 2013
  3. Ricter

    Ricter

    So if I want to buy an M5 instead of an M3, because I can afford it, I have to pay more in tax than the guy who can only afford the M3? How is that fair?
     
    #23     Oct 15, 2013