Jeremiah
Member
- Joined
- Dec 14, 2007
- Messages
- 149
The so-called FAIR TAX is a BIG sales tax that will give politicians free rein to spend all they like. The income tax was supposed to stay at about 1% when it was introduced. Expect the FAIR TAX to rise after it is introduced. The politicians will not stop spending and that is the problem. The FAIR TAX will be added to any state sales tax so could add more than 30% to the price of goods - just to start with. If inflation continues on up, a pretty sure bet, then prices will go through the roof. They talk about giving a tax credit to help poor families pay for stuff. Suddenly it will pay to be poor. Expect a rise in poverty levels. That means they'll have to increase the FAIR TAX. Never mind the poor will receive a bigger tax credit. The mind boggles. These people never learn.