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I don't care what some website says, I'll just note that you have went from "Flat tax" to "fair tax" and you don't seem to be able to state a position without using someone general statements on a website.
Do you believe all income should be taxed at the same rate? ie: earned income and income from capital gains.
And obviously you don't care to read what I've said either. If I'm not mistaken I've said from the start "flat/fair tax". That would mean that I'd support either. Now if you'd like to know which I'd lean towards at this point I'd be more inclined to go towards the fair tax.
As for the "some website" comment, it's the site by the creators of the Fair Tax and as such a reference point and would give you the information you seek.
I'm sorry if that was so confusing.
So, in the end I'll just note that reading comprehension can be lacking sometimes here...
This is the most honest, fair, productive tax system possible. Free market competition will do the rest.
No it won't. It's why social security was established in the first place. "Free markets" do not inherently have morals. Your proposals would eliminate social security and medicaid. Free markets do not solve everything.
Corporations are legal fictions that have not, do not, and never will bear the burden of taxation. Only people pay taxes. Corporations pass on their tax burden in the form of higher prices to consumers, lower wages to workers, and/or lower returns to investors. The idea that taxing a corporation reduces taxes on, say the working poor, is a cruel hoax. A corporate tax only makes what the working poor buy more expensive, costs them jobs, lowers their lifestyle, or delays their retirement. Under the FairTax Plan, money retained in the business and reinvested to create jobs, build factories, or develop new technologies, pays no tax. This is the most honest, fair, productive tax system possible. Free market competition will do the rest.
That's what the Sanders type idealists don't seem to grasp.
That's what the Sanders type idealists don't seem to grasp.
Apply the same logic to the minimum wage debate.
Good idea. Good thing we dont have to talk about hypotheticals here. Let's look at some societies with extremely low minimum wage and low corporate taxes. How is the working class doing in these societies?
Let's take Singapore. Often considered a dream society by the far right with no minimum wage and very low taxes.
Read carefully about the plight of the working class in Singapore, the model society for the far right in America. And of course, even higher income and wealth inequality than the US. It's shocking reading:
Good idea. Good thing we dont have to talk about hypotheticals here. Let's look at some societies with extremely low minimum wage and low corporate taxes. How is the working class doing in these societies?
Let's take Singapore. Often considered a dream society by the far right with no minimum wage and very low taxes.
Read carefully about the plight of the working class in Singapore, the model society for the far right in America. And of course, even higher income and wealth inequality than the US. It's shocking reading:
That's where unchecked free markets always end up, because of increased concentration of wealth and power at the top.
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