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@Vader
What is an influx tax?
Unless there is a mathematician or an economist that can prove why a sales tax instead of an income tax is a bad idea, I would say that my tax plan is pretty good.
Unless there is a person who works for NASA that can prove that aliens don't exist, I would say my belief in aliens is pretty good.Unless there is a mathematician or an economist that can prove why a sales tax instead of an income tax is a bad idea, I would say that my tax plan is pretty good.
Any proof?I think aliens probably exist.
What states?Many states in the US have no income tax and they are doing alright.
The difference is that the fair tax act has been analyzed by economists and proven to be superior to our current system.
Also most NASA scientists believe that intelligent life likely exists on other planets, so your belief is the status quo.
They won't because it would be a small amount. It's not like they will bring a lawyer with them to a grocery store to avoid paying a sales tax. They currently don't do that.
An income tax discourages income production. A corporate tax discourages making businesses.A sales tax encourages you saving your money.
Not everyone pays the income tax, so it's not the same. The rich don't pay income taxes due to loopholes and they have a lot of money. So even if the average American saves 10% of their money, 1% of sales tax raises the same amount of money as a 2% income tax for everyone.
They could save the money for retirement if they need it, or they could invest the money to get more of it. This applies to the poor/middle class. The rich earned their money and can use the money for more investment in companies that create jobs that give people wages.
It is more fair for the reasons listed on fairtaxact.org and it has been proven to both increase tax revenue while simultaneously reducing everybody's tax burden.
It also bring us one step closer to a minimum basic income because of the stipend it sends out.
In terms of political tenability one of the nice things about eliminating the income tax in its current form is with that you can also cut out some of the means for the political waste that comes from pandering, manipulation, kick backs, loopholes, and ideological nonsense.
Your last sentence is incomprehensible to me.
It is actually fairtax.org sorry. Your last sentence is incomprehensible to me.
How is your tax proposal more fair than the progressive tax?In what way is it superior?
The difference is that the fair tax act has been analyzed by economists and proven to be superior to our current system.
Didn't say you should dismiss it.It is not a right wing think tank amd shouldn't be merely dismissed if it was.
Am watching Lion King but posted the link if yoy were interested in looking at it furtger on your own