(09-29-2020, 05:40 PM)TheO-LineMatters Wrote:

(09-29-2020, 03:59 PM)flsprtsgod Wrote: Check your local United Way office, they can refer you to several different organizations (including accounting firms) that do EZ filing for no cost. And the idea that your need is more than someone else's isn't sufficient to justify confiscating what they have. That's a bad road to go down. And I'm an advocate of the Fair Tax, I believe it's a better solution than the Flat Tax. In any case, consumption based taxation is better than income based, but it can't be manipulated so it'll never happen.

How is a flat tax unfair? I don't get it. Everyone is paying the same percentage of their income, so there should be no problem. I just don't get the argument at all. It's a level playing field. 

Thanks for the info about the United Way. I'll check that out next year. I wasn't aware they offered such services.

A flat tax is based on income.  The Fair Tax is based on consumption.  The difference is with a "flat tax" you are basically penalizing someone for making a good salary even if they choose to save their money rather than spend it.  It also only applies to people actually earning an income.

The Fair Tax on the other hand taxes people on what they spend, not what they earn.  It also applies to those not earning income.  Think the "underground economy" such as illegal aliens working for cash, prostitutes, drug dealers, etc.  Any time anyone buys something new they are taxed.  The rate would be the same for ALL people, not just those that actually earn an income.  Go buy a new car?  You get taxed X% whether it's a $20,000.00 car or a $100,000.00 car.

That's a very brief explanation of it and the basic idea of it.

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