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45% of Americans pay no federal income tax

#66

Quote:Hyperbole much?


The Fair Tax wouldn't eliminate things like food stamps, so a poor family would still get "free" food and "free" healthcare payed for by someone else.



Big ticket items are frequently bought used. Most houses are resold several times. Cars are commonly bought used. Good clothing deals are available at Goodwill. It's not up to the government to take the money of someone who worked hard for it and give it to someone else so they can have brand new clothes instead of perfectly good second hand clothes.


There are winners and losers. The working poor actually make out better with the Fair Tax because of the elimination of FICA. The ones who will end up paying somewhat more are the upper middle class.


I mean, I can see the attractiveness of the fair tax. But I've read an article in Forbes that brings up concerns...


For instance, the fair tax that Cruz would implement would create huge multi trillion dollar deficits.


Revenue would completely dry up with this type of tax plan. So the argument that we'd still support the poor and underpaid seems unrealistic.


Especially when there are people that have been brain washed to despise the working class that is below them, it would appear that a fair tax would result in major cuts to social programs.


And like I said, the deficits that Forbes was talking about were astronomical. It just sounds fiscally unattainable to me.
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45% of Americans pay no federal income tax - by The_Anchorman - 04-20-2016, 09:55 AM



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