Fair Tax: Tax-plan replacement

taxWe’ve heard it all before! Most of the presidential candidates promise us “We’re going to reform taxes!” Some flat-tax enthusiasts even promise us “I’m going to get rid of the IRS!”

Both promises will never happen. If you “reform” the current income tax plan with a flat tax-like-plan, you end up with just a modified version of the income tax plan we have now. If you get rid of the IRS with a flat tax-like-plan, somebody still has to collect the taxes … would that be another IRS?

Certainly the IRS forces would be reduced somewhat with a flat tax-like-plan, but those pesky little rascals would still be out there doing their ominous IRS things.

If you want true tax reform, don’t think “tax reform” think “tax-plan replacement”.

Replacement will only become a reality when a national consumption tax – such as the fair tax is – implemented.

– Letter from Joe O’Hara/Ocala, Fla.



uva basketball team of destiny

Team of Destiny: Inside UVA Basketball's improbable run

Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is available for $25.

The book, with additional reporting by Zach Pereles, Scott Ratcliffe and Scott German, will take you from the aftermath of the stunning first-round loss to UMBC in 2018, and how coach Tony Bennett and his team used that loss as the source of strength, through to the ACC regular-season championship, the run to the Final Four, and the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.



 
augusta free press

Related Content

Shop Google


Comments

%d bloggers like this: