kickaha: (Default)
kickaha ([personal profile] kickaha) wrote2004-10-18 11:03 pm

More political reform stuph

[livejournal.com profile] actsofcreation is insane.

[livejournal.com profile] actsofcreation is wise.

Listen to the [livejournal.com profile] actsofcreation.



Well, at least about the FairTax. ;)

His site dedicated to it is becoming a rather impressive comparison of FairTax and our current income tax. He's got me convinced. Just read it. It's the best suggestion I've seen for revamping our current system: tax consumption, not production; make taxes equal for everyone from top to bottom; eliminate loopholes for those who can afford tax lawyers to find them; have an actual progressive tax for the poor. Excellent stuff.



And his HTML foo is to be feared. I shudder to think about the coding that took.

Re: Wow, I totally Agree

[identity profile] actsofcreation.livejournal.com 2004-10-19 06:45 pm (UTC)(link)
HR 25 allows the states to allows the states to do the tax collection if they have a conforming sales tax and allows them to retain 1/2 percent of tax collected for the service? Net result is that if your state has a sales tax you would probably be using the same method to pay the FairTax on your sales as you do to pay your existing sales tax. Ie your overhead is unlikely to change from what it is now unless you are in a no sales tax state (like NH).