Monday, October 27, 2008

Thoughts Please???

http://www.fairtax.org/site/PageServer


This is a new tax system that would in essence change the way we collect taxes in the US. What are your thoughts?

3 comments:

Liz said...

I think it's an excellent idea! By paying taxes on what you buy you control your taxes. And it keeps taxes fair across all income brackets. Unfortunately, I doubt we'll ever see a true "fair tax."

While I don't think income should be taxed, I do think that, under the current system, everyone's income should at least be taxed at the SAME percentage. We certainly shouldn't be forced to "spread the wealth"!!! (Not that our family has wealth to spread.) :-) The last I checked, the U.S. isn't a socialistic economy!

Wendy said...

I think they are on their way to that Liz. I don't know if enough people know about this either? New to me but I like the more I read about it.

Life at the Mandl's said...

I would echo Liz's toughts. How ever I think if America does not wake up we are headed to a "socialistic economy"...

Miss you my friend!!!