Wednesday, November 14, 2012

Would the FairTax work in the United States


Would the FairTax work in the United States?
Would it solve the tax problem in America about equal pay? I would like to see the lower through upper class pay almost the same amount in taxes instead of a progressive tax or trickle down economic theory. What is the best method of taxation to get this done?
Other - Taxes - 1 Answers
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1 :
The Fairtax would not work and, thankfully, it will never pass. Why is it "fair" that the poor pay the same as the rich? The "fairest" form of taxation is a progressive income tax. Like it or not, our current tax system isn't going away any time soon.