It's time to man up. Often people get told 1/2 truths. Whether by politicians or in the newspaper or even in school, "truth" is told using the lense of a political or religous ideology. And people fall for it. When they get told what they want to hear, the take it as truth and run with it. Even research can miss the real "truth" And so ti goes with me. I wrote a paper in College regarding hte FairTax and did a lot of research. or so I thought.... No more IRS, no more April 15 nonsense of rushing to mail off my tax check lke the other 40% of America, no more non-tax payers getting refunds. BUT wait a minute. That sounds too good to be true. Well guess what.....
"Under our plan, all city and state governments will pay to the federal government a tax on all their spending--on all their purchases, on services and goods, including labor (wages)." Fairtax Answer Book, Page 138.
That means California would pay roughly $17 BILLION to the Federal Gov't. Texas would owe roughly $11 BILLION. SOURCE Nobody mentioned that part. They also didn't mentipon taxing city and county Governments, taxing ALL pay, cancer surgery, nursing home care, life insurance premiums, car insurance premiums. It appears that there is no "fair" tax. SOURCE
So the jury is out till I can do more digging and sort it all out. Who is right and who is wrong? Is it indeed a FAIR tax? We'll see.