Bill Rollyson's Blog – March 2009 Archive (2)

It is common for people to wonder how CPAs feel about the FairTax. Many of them feel CPAs would never support the FairTax since the tax code is one source of their revenue. Surprisingly, almost all CPAs I have ever talked with support it. I thought I'd start gathering CPA perspectives to publish. One of those follow.

http://www.perpetualprovidence.blogspot.com/2009/03/what-is-fair-tax.html





March 12, 2009



By Jenna Peeler, CPA



I’m tired. I’m stressed.… Continue

This is a common refrain from some conservatives who otherwise say they would support the FairTax. Therefore they claim the 16th amendment must be repealed first, because you can’t trust Congress. Of course they know the 16th amendment would never be repealed unless the replacement for the income tax was already in place. That is the claimed reason they prefer a flat income tax.



Let’s reverse the question. What prevents Congress from simply adding a VAT or other sales tax to the… Continue