Thread: FairTax
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Old 08-25-2004, 03:47 PM   #1 (permalink)
r00t
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FairTax

This post might fit more appropriately in Politics, but I wanted to focus the discussion on the proposed *system*, hopefully keeping political figures out of it, which would make the discussion mainly about all levels of financial issues (world, U.S., personal). So, what that said:

Main site: http://www.fairtax.org/
Starting point for "facts": http://www.fairtaxvolunteer.org/smart/index.html
"Research": http://www.fairtaxvolunteer.org/smar...ry_impact.html

Brief summary: Get rid of *all* current federal taxes and impose a single 23% federal sales tax. The only real exception (supposedly) is for everyone: spend up to the poverty limit tax-free.

What do you think?
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