RE: The 'Fair' Tax
I didn't say that. I said "no tax on essential food items."
Actually I was just pulling your chain a little. I agree with you completely. The Fair Tax gives a monthly "prebate" to people under the federal poverty level. The amount is based on amounts spent (or to be spent) on essentials like food. That avoids a complex bureaucracy built around excluding certain items from taxation. It ostensibly seeks to reduce fraud, but I guess we'll have to see about that.
Actually I was just pulling your chain a little. I agree with you completely. The Fair Tax gives a monthly "prebate" to people under the federal poverty level. The amount is based on amounts spent (or to be spent) on essentials like food. That avoids a complex bureaucracy built around excluding certain items from taxation. It ostensibly seeks to reduce fraud, but I guess we'll have to see about that.
0 Comments:
Post a Comment
<< Home