Replace All Federal Taxes on Income with the Fair Tax Act , HR 25

Herman Cain Endorses Fair Tax At GOP Debate

I don't know if any of you watched the GOP debate in South Carolina last night. The Fair Tax received some significant exposure during the debate. Cain was asked about the Fair Tax by Chris Wallace. Cain gave his wholehearted endorsement for The Fair Tax and received considerable applause for his answer.

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Permalink Reply by Dan Hunt on June 29, 2011 at 7:00am

Frank

Do you think what we are experiencing today is worse than what the founding fathers experienced with Great Britain?

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Permalink Reply by Frank Gilbert on June 29, 2011 at 9:54pm

I don't know, I wasn't around then (lol). Seriously, I guess they did, but I wonder if distance and time spans softened the blows some. Does the information overload we suffer make it seem worse? I just don't know. At least we don't have to start from scratch like the founding fathers did. I guess that right there answered the question, didn't it?

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Permalink Reply by cary henderson on June 29, 2011 at 10:21am

Well let's see, what really got things started; Townshend Act, Stamp Act, The Intolerable Acts. By todays standards they're all pretty tolerable. If FairTax won't pass maybe we should just give it all back to the throne.

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Permalink Reply by Frank Gilbert on June 29, 2011 at 9:55pm

Or maybe we should just burn it all down and start from scratch?

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Permalink Reply by cary henderson on June 29, 2011 at 10:02pm

I wonder how the U.S. government would react to it if we did that and say 25% of the wealth that produces tax revenue just disappeared? There are plenty of people who have lots of empty properties sitting around.