Monday, June 21, 2010

Fair Taxation Organization: FairTax.org

A slashdot.org user shared this link: FairTax.org.

It's a proposed system where people would pay a relatively flat percentage sales tax. The poor would get money from the government. Every other tax would be eliminated.

I think that there is a huge potential for this movement. It isn't just a grassroots organization of disgruntled tax payers. The system was created by economists, accountants, and MIT people. John Stossel supports it. Many Republicans, Democrats, and Libertarians also support it. I think that it is really going to be implemented.

You could check out the YouTube videos on the topic.

I am actually quite jealous of America. Hopefully, we can get something like this going.

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