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Fair Tax: The Mother of All Dumb Ideas

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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!"

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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...)
 

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Bravo! by John Sanchez Jr. on Thursday, Feb 28, 2008 at 12:36:31 PM
Thanks for your Comment by David Glenn Cox on Thursday, Feb 28, 2008 at 1:08:44 PM
what about the rebate? by John Howes on Saturday, Mar 1, 2008 at 7:45:06 AM
I didn't ignore by David Glenn Cox on Saturday, Mar 1, 2008 at 8:28:40 AM
investment class by John Howes on Saturday, Mar 1, 2008 at 3:30:45 PM
Rebate by John Sanchez Jr. on Saturday, Mar 1, 2008 at 9:50:48 AM
not if rebated first by John Howes on Saturday, Mar 1, 2008 at 3:40:57 PM
Another viewpoint by John Howes on Saturday, Mar 1, 2008 at 3:35:59 PM
Fair Tax: The Mother of All Tax Reform by Jim Bennett on Tuesday, Mar 11, 2008 at 1:17:10 PM