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Reader comment on:
FairTax's Plausible Solution

Submitted by Bruce Barnes, Jan 10, 2008 23:43

The Consumption Tax will replace personal taxes of 60 % of the budget and also another 40 % to raise enough revenue to cover the budget, plus 10 % to cover the rebate to everyone. The average taxpayer pays about 20% in federal taxes and will then pay over 30 % in sales tax. So people will pay 50 % more in taxes.


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Other reader comments on this article

Comment By Date

Dear Ms Diana Furchtgott-Roth Thank you for your positive "Opinion" of January 9,2008 on the FairTax possibilities and the impact it... [MORE]

Joseph LeBlanc

Jan 12, 2008 01:46

Over 60 % of the oil consumed in this country is imported at a global price. Oil companies that sell... [MORE]

Bruce Barnes

Jan 13, 2008 01:36

I love the idea of the FairTax so much I've been staying up and posting in forums discussing it. What... [MORE]

dculling

Jan 11, 2008 06:47

"FairTax" definitions: Used property – defined as property on which the federal sales tax has been collected already, and property that... [MORE]

Bruce Barnes

Jan 12, 2008 01:02

Will the IRS really be gone? The IRS is uniquely qualified to administer the Fair Tax with people, computers, and... [MORE]

Bruce Barnes

Jan 10, 2008 23:46

The Consumption Tax will replace personal taxes of 60 % of the budget and also another 40 % to raise...

Bruce Barnes

Jan 10, 2008 23:43

A consumption tax could garner more support if services/labor were taxed at a lower rate than new products. More US... [MORE]

Kristin

Jan 10, 2008 23:19

Ms. DIANA FURCHTGOTT-ROTH, I just read your article. I am impressed by the strong argument you made for investigating the fair... [MORE]

Ed Harrison

Jan 10, 2008 09:42

Take a simple example we can all understand like a gas station that sells gasoline to a customer and that... [MORE]

Bruce Barnes

Jan 12, 2008 01:45

Thanks for your accurate and thoughtful discussion of the FairTax. I support this proposal and believe the American People will... [MORE]

Rodger Gamblin

Jan 10, 2008 05:00

If the government no longer has the payroll of the multi-thousands of IRS employees and each of these people becomes... [MORE]

mjwhite

Jan 9, 2008 17:35

All the discussion to now has been on the internal effect of the FairTax but the international issues also deserve... [MORE]

Dewey715

Jan 9, 2008 14:00

The fairtax pushes the tax burden to the middle class. It eliminates middle class tax deductions like the mortgage interest... [MORE]

FairTaxFraud Institute

Jan 9, 2008 06:56

The FairTaxFraud Institute is putting out derogatory information about the FairTax to protect their vested interests in the current tax... [MORE]

Tom Kropewnicki

Jan 10, 2008 11:41

Consider: "The fairtax pushes the tax burden to the middle class. " Considering the prebate provisions of the Fair Tax... [MORE]

David Patterson

Jan 10, 2008 14:50

To add research basis to Mr. Patterson's perceptive rebuttal, I offer the following: Over time, the FairTax benefits all income groups.... [MORE]

Ian Repley, Ann Arbor

Jan 10, 2008 20:41

The FairTax Act of 2007 (HR 25 / S 1025) represents a prospective power shift of massive proportions in America.... [MORE]

Ian Repley, Ann Arbor

Jan 9, 2008 04:52

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