Hi again Hydro-gen.
Okay, so I went to the site and looked. I then have pondered in my mind a few things.
I have a couple of conclusions I came to myself.
The STATE, has a sales tax already on almost everything we buy except food. So in my State, county, I pay 6.75% on every dollar I spend. I do not see the state sales taxes going away. Those are in addition to what this so called FAIR TAX would be.
I see nothing "FAIR" about it. It drives my costs up to purchase things.
The truth is that what should really happen is that Trumps tax plan was a GOOD start. It simply needs additional refining and in my opinion some tax reductions in brackets, especially tghose who are making household income less than 100 grand a year..
As a former manufacturer, I can assure you that the companies are NOT going to make any less money and if you think prices are going to come down, I have a few bridges that cross the Ohio river for sale....
That is pie in the sky dreaming. What drives down consumer prices is COMPETITION. Corporations are in business to churn out profits and next years profit should be more than the curent year to keep year over year reports and investors happy. One cannot keep prices suppressed and increase the profit year over year.
Whiole I admire the attempt to come up with what is "deemed" FAIR by Congress Critters who recdeieve a very healthy pension plan for no other reason than being elected, ANY congress critter never saw a chance for gettingm ore money from the opublic that they did not like... That is what reality has proven to be over the years and I am confident that you can check that out...
Looking at the information, I would be paying a lot more money than I am currently. I already pay TOO much and this opens up pandora's box especially when a bunch of free spenders are the majority of congress critters.
The name sounds great. The 23 percent is deplorable.
I would just as soon revise what the President STARTED and Congressional Rinos altered and simply reduce the feeral income tax burden on people.
I think we want the same thing. I believe that this plan is too idealistic and will be explouted and then we the people get stuck paying out MORE and have no recourse after it is done. And the GUBMINT is not in the habit of giving things back because they like to spend way too much....
This is just how I see it... Your view is certainly free to see it differently. No problem there. I would personally not be in favor of this as it is presented.
However, that is what America great. We can have differing viewpoints and discussion...
Thank you for this interesting topic..
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