So I know every few months this topics comes up on your television sets, but wanted to get AMs opinions on why or why not.
I am all for the fair tax act that abolishes the income tax and many other paycheck taxes and rolls it all up into one spending tax (Similar to a consumption tax).
This does a few things in my mind.
A) Yearly taxes will be done on a postcard.
B) More tax revenue is generated due to taxing the entire population, and not only 50%ish.
C) More money will be left in your pocket.