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45% of Americans pay no federal income tax

#93

Quote: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.
 

Cruz is not proposing the Fair Tax. I agree that his proposal isn't viable. It doesn't matter since the government will just keep adding more complexity to the tax code no matter who's POTUS this time.


 

You really should read the Fair Tax book. It refutes a lot of supposed problems, which are usually based on mistaken beliefs about how it works.





                                                                          

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45% of Americans pay no federal income tax - by MalabarJag - 04-20-2016, 08:28 PM



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