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45% of Americans pay no federal income tax
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Quote:Hyperbole much? 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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