Fair Tax Nation

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

David E. Rose's Blog (3)

FULL of LOOPHOLES

 

Under your scenario I would pay into SS according to my spending habits and pull out according to my stated earning habits.  Which would be great for me personally since I am a very frugal, self employed person.  I would end up making minimum contributions and maximum withdrawals.  I get to control both !! 

Added by David E. Rose on June 21, 2011 at 2:23pm — 2 Comments

Not convinced......

 

Seems to me that it is against American values to have a non-contributory retirement system. 

 

What has made this country great is our value of personal responsibility.  To remove that from the Social Security system - which was a step away from those values - completely seems to be moving us in the direction of socialist europe.

Added by David E. Rose on June 20, 2011 at 10:11am — 4 Comments

I have a few questions?

 

I understand the value of taxing consumption instead of production and belief it to be an admirable goal if not esential in the long term.  The Fair Tax does that !  Which is very good.

 

Two points that I need to understand better are:

 

First: Don't we need to first pass a Constitutional Amendment against income tax before authorizing a national sales tax.  History tells us that if we do not close the door Washington will utilize all revenue…

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Added by David E. Rose on June 19, 2011 at 2:31pm — 2 Comments

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