February 28, 2008 at 09:53:23

Fair Tax: The Mother of All Dumb Ideas

SAVE AS FAVORITE

VIEW FAVORITES

By David Glenn Cox (about the author) Page 2 of 2 page(s)

opednews.com Permalink

We all make mistakes but when some conspire to cheat you, that’s no error, that’s a con. When a man with $33 million in net assets devises a system where he pays less and you pay more, it’s a scam, bunko, a crime. Not only does he not belong in Congress, I’m not so sure he should be allowed to run loose on the streets. Point blank, for those of you who use 100% of your income to just keep the wolf from the door, you will pay 27% tax on 100% of your income. We will then magically reimburse those of you who didn’t have the money in the first place.

Now, if you’ve got 33 million in net assets, you probably live on 5% percent of your income. So 5% of your income will be taxed at 27% and 95% of your income will be tax-free, and that’s called "Fair." That’s what is called the "Fair Tax" but it''s a patent, medicine show huckster making fantastic promises that they could never keep and dodging any questions or responsibility for the societal side-effects. A snake oil promise and a tent revival sales pitch, a modern day rainmaker.

Instead, we should offer Mr. Linder first class accommodations on the classic split timber transport. Where his body will be gently massaged with a specially heated petroleum-based sealant and his skin covered in a soft and fluffy, all natural, poultry down.

That’s the way you deal with a fraud that’s called "Fair!"

1 | 2

I was born and raised in Chicago in a liberal Democratic home my Grandfather was a labor union organizer my Father a Democratic district committeeman my Mother was an election judge. My earliest memories were of passing out Kennedy yard signs from (more...)

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.