Go to the Fair Tax Website. One student asked how a national sales tax would affect lower income folks. The answer is that there is a threshold before the tax applies to anyone so that the necessities of life so to speak would be tax free. The government would rebate those amounts up to a level to individuals, I don’t care for any more govt involvement and don’t like that way to solve the problem as it would just allow some congressman to insert himself into some vote buying scheme.
The Fair Tax was proposed by Congressman John Linder Georgia and talk show host Neal Boortz (www.boortz.com). The idea is to eliminate the IRS, the tax forms, the odious compilation requirements, and the worthless work that produces not goods or services but consumes lots of money and time. A sales tax does that.
Now, I would propose one more addition to a national sales tax but give credit to the originator of the idea-Dr. Tom Sowell. Limit the Federal Budget to 10% of the Gross Domestic Product. That would at least put a limit on govt spending that tied to the amount of goods and serivces available to tax. Otherwise there is no limit the the amount the Feds will attempt to extract from the economy. Bush’s comment that no one should have to pay more than 35% income tax raises the question, for what George?
Professor Elam 
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