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Thread: Can someone explain the fair-tax to me?

  1. #1
    All League
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    Jul 2005
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    Can someone explain the fair-tax to me?

    I am intrigued by this initiative.

    I don't hate the current tax system but I think it can be improved.

    I am aware that this is vastly different than flat tax and this is good because a flat tax is ludicrous.

    Shoot. Try to keep politically neutral. Who can explain it to me? Don't direct me to the website, please.

  2. #2
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    Washington, D.C.
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    I haven't researched it, but Sean Hannity is for it so it must be good.

  3. #3
    Veteran
    Join Date
    Apr 2006
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    1,709
    Quote Originally Posted by The Paranoid Jet
    I am intrigued by this initiative.

    I don't hate the current tax system but I think it can be improved.

    I am aware that this is vastly different than flat tax and this is good because a flat tax is ludicrous.

    Shoot. Try to keep politically neutral. Who can explain it to me? Don't direct me to the website, please.
    Why is a flat tax ludicrous? Personally, I think it is fair............ just because someone makes more money than me, why should they forefeit a higher percent of their taxes? Just because someone makes less than me, why should they a lower percentage? Btw, I am a protypical middle class guy.

    Can anything be more fair than paying an equal percent of our salary........ of course, that's a flat tax before the billion and one loopholes. A small percet og your income - everyone has the same percent - no deductions.......

    The rich guy still pays more taxes and the poor guy still pays less taxes.

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