8/23/11

Apposite comment on the unfair "Fair Tax"

Perry Backs Radical National Sales Tax Plan To Starve Federal Government | TPMDC: There's a practical problem with a national sales tax of 30% or so: when you have a tax that high, there is an enormous incentive to cheat. Federal income taxes only work because for most people, the money is withheld by their employer automatically. When you put such a high tariff on goods, you'll create an enormous black market, with the attendant organized crime problem. You've just created a viable business model for a whole new kind of mafia. Cap tip ElRonbo

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