Fair Tax – Is It Fair? [AUDIO]
After their first introduction a dozen years ago the ideas of Fair Tax.org continue to gain traction with Legislators in Washington and with the general public. According to their website the main points of the plan are:
2 FairTax lowers the lifetime tax burden for most Americans.
3 FairTax benefits retirees who depend mostly on Social Security.
4 FairTax preserves the overall progressivity of the federal tax burden.
5 FairTax dramatically improves the U.S. economy.
6 FairTax improves the international competitiveness of American producers.
7 FairTax promotes home ownership better than the current system.
8 FairTax simplifies tax compliance, thereby reducing tax evasion.
National Spokesman for the group, Doug Freidricksen, joined this morning to talk about then plan.[audio:http://k2radio.com/files/2011/06/fairtax.mp3|titles=fairtax]