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The Tax Code and why 'Fair Tax' is Horribly Unfair

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ausador11/04/2011 1:00:39 pm PDT

re: #49 Buck

Right, but I am pointing out that those additional taxes would be offset by the lower income tax.

What lower income tax? People who rent are (mostly) already in the brackets where they pay next to nothing. You want to “cut” their theoretical current income tax by removing all their exemptions and write-offs and thereby actually make them pay more and then just to add insult to injury force them to pay a national sales tax too!

Make no mistake Buck, the plans currently being touted in America will cause everyone to pay more than they already do, except for the top 5% that is…