A great idea…People, I urge you to pay attention to the proposal for a new tax system in America called the Fair Tax. It is a system that taxes what we choose to spend rather than taxing the income that we work so hard to earn. Do you understand what that means? No longer will our taxes be seized from our paychecks, instead we will pay taxes, voluntarily, on new goods and services that we choose to consume. Now doesn’t that sound better? I think it does.
We will receive our entire paychecks – no more Federal withholdings or Medicare or Social Security withholdings. We keep it all. This will put more dollars in our pockets that we can save, invest, or spend. Only then, when we decide to spend, will we pay a single dime in taxes...Read More
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