'The current system we have doesn't work'
The federal tax code is a complex, unintelligible mess, and America needs to embrace the simplicity of a national consumption tax known as the Fair Tax, according to Rep. Tom Price, R-Ga., who is just one of many conservatives touting the idea as Americans rush to meet the federal income tax deadline.
“PROBLEM: folks sacrificing precious time, money and peace of mind on a broken complex tax code. SOLUTION: the #FairTax,” tweeted Price on Tuesday. Fellow Rep. Jack Kingston, R-Ga., also tweeted support for the Fair Tax and the abolishing of the IRS.
Price said the first thing Americans need to recognize is that the current tax system is a disaster.
“Our current system actually punishes the things that we say that we want as a society,” he said. “We say we want hard work. We say we want success. We say we want entrepreneurs, risk taking, investment and all those kinds of things. Yet our tax system punishes every single one of them. So many of us believe that we need think more fundamentally and more creatively about it and come up with a tax system that doesn’t just massage what we currently have but puts in place a system that actually rewards those things.”
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4 comments:
we have been hearing about this for at least 20 years. it will not happen because it would require politicians to give up their power and abolish the IRS. not gonna happen
Let's scrap the IRS.
9:35 is right-it will not happen. This is just the usual election year grandstanding.
Nothing but a pipe dream. Can you imagine all the accountants who are currently getting fat protecting us from our government just stepping out of the way for the FAIR TAX. Hell no. Worse yet is the democrats. They need a poor suffering population to insure their reelection and to further their radical agenda.
WE THE PROPLE ARE SCREWED.
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