Thread: "Fair Tax"
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Old 05-16-2009, 02:10 PM
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JJIII JJIII is offline
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"it's regressive, putting a proportionately higher burden on lower-income workers who are likely to spend near 100% of their income on taxable goods"

Isn't that true no matter what the tax system? Also, are you taking into account the "Prebate", whereby everyone recieves the amount of tax they would pay to purchase the necessities of life monthly. This would make the lower-income paying proportionately less tax than the well-off, who would be buying more luxury items.
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