Originally posted by Badabing
That's actually seems good from what I've read in the link. The onus is put on the person. I'll have to check out some other articles regarding the fair tax.
Took me a bit to move on from Flat Tax to Fair Tax. But the objectives are largely the same for both:
1. Move away from the bloated and obviously corrupt tax system.
2. Implement a tax plan that is truly fair. People pay taxes like they should. Less ways to get out of it. Almost no tax loopholes other than illegal means.
3. Make doing taxes far simpler.
Since both accomplish those goals, they are both winners. However, the Flat Tax plan disproportionately impacts the poor. Which is why I had to abandon it. the Fair Tax Plan offers that pre-bate option so even if you're poor, you still can have a net-0 tax burden. Or even some help. It's like a Universal Basic Income.
And they won't assess taxes against basic foods like fruits and vegetables. Which is how it should be.
It needs more nuance and perhaps it is there.
I view it like this:
Current Tax System<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<Flat Tax Plan<<Fair Tax Plan
Meaning, both are so much better than our current system that just getting the Flat Tax Plan working would be a massive massive improvement.