More political spouting from Lyle

Quote:

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Originally Posted by Lyle

What is the FairTax plan?
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll taxes with an integrated approach including a progressive national retail sales tax, a rebate to ensure no American pays federal taxes up to the poverty level, dollar-for-dollar revenue neutrality, and the repeal of the 16th Amendment. This non-partisan legislation (HR 25/S 25) abolishes all federal personal, gift, estate, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes and replaces them all with one simple, visible, federal retail sales tax – collected by existing state sales tax authorities. The FairTax taxes us only on what we choose to spend, not on what we earn. It does not raise any more or less revenue; it is designed to be revenue neutral. So it is also cost neutral – the final cost for goods and services changes little under the FairTax. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

fairtax.org

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God Belss America! 8)

Im still sceptical though. Tax administered by a private firm?
Humbug :P

Worth a try though... Nice find :coolclick:

Who administers taxes now?

Lyle its really simple ! Here is what you do, We stay in Iraq ! use that oil to pay all the expenses for the war, and other shit. and every time we have to go baby sit countries. we have them pay for the effort. then give everyone a complete tax break for 5 years courtesy of Iraq ! Now thats how you take care of business. !
O0

FairTax sounds like an oxymoron to me.

So does IronMike ;D


:spamsign: 8)