When I present the FAIRtax plan to different groups, a question that inevitably arises is the potential effect that the FAIRtax would have on demand for new products. Since the FAIRtax applies only to the purchase of new goods, there is fear that the FAIRtax will decimate the market for new goods as people flock to buying used goods in order to avoid the tax.
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The difference between God and a U.S. Senator is that God doesn’t think he is a U.S. Senator. The arrogance of many in D.C. who believe that only they are smart enough to determine what is best for us is well known. Likewise, the idea that they will try to use the IRS to reward their friends and punish their enemies is not “news’’ to anyone either.
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For many years the American people have been assured that the increasing amounts of personal information collected on their tax returns was confidential. After all, data on a person’s income and spending is about as personal and private as you can get. We were further assured that our personal data would be used only to ensure that everyone was paying the correct amount of income tax.
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In the weeks and even months prior to election day, as well as on Tuesday, November 8, 2022, Americans went to the polls and exercised their precious right to vote in our midterm elections.
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