Fair Tax

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Social Issues


Written by:

Sara F


Date added:

May 4, 2015








No of pages / words:

2 / 318


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8184 times


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It doesn't raise any more or any less; it is designed to be neutral, so its cost is also neutral. The final cost for goods and services changes little under the obvious, and an intelligent solution to the frustration and inequity of our current tax system. Those who are paid wages "under the table" would no longer have a tax advantage...
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They too would have to pay sales taxes each time they purchased goods of services, which might as well be the biggest advantage of appointing a consumption tax. Another advantage to implanting a consumption tax verses tax on earnings is that consumption tax does not tax savings, it only applies to the money that you spend...
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