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The "Fair Tax" could only work if we repealed the 16th Amendment and I don't trust the politicians of either party to be given a free hand at altering our Constitution.That aside, I like the concept of the fair tax but I do not like the "prebates" that it offers. The idea is to give people a check for the amount of money they will pay that year in fair taxes to cover necessities. You get that money ahead of time and that's why it's a prebate rather than a rebate after you've paid taxes. I could see the prebate system being a source of abuse and corruption.There is also the chance that we pass the "fair tax" but fail to repeal the 16th, leaving us with both an income tax and a massive new sales tax. I'm sure government would rejoice but that would not appeal to me.
The "Fair Tax" could only work if we repealed the 16th Amendment and I don't trust the politicians of either party to be given a free hand at altering our Constitution.
That aside, I like the concept of the fair tax but I do not like the "prebates" that it offers. The idea is to give people a check for the amount of money they will pay that year in fair taxes to cover necessities. You get that money ahead of time and that's why it's a prebate rather than a rebate after you've paid taxes. I could see the prebate system being a source of abuse and corruption.
There is also the chance that we pass the "fair tax" but fail to repeal the 16th, leaving us with both an income tax and a massive new sales tax. I'm sure government would rejoice but that would not appeal to me.
