Dukakabee’s Dubious “Fair Tax”

Mike Dukakabee supports the so-called “FairTax,” claiming that it will do away with the income tax and the IRS in one fell swoop — no more income tax, Social Security or Medicare payroll taxes, alternative minimum tax, capital gains tax or estate tax.  What he DOESN’T tell you is that the “Fair Tax,” which is actually a 30 percent sales tax, double taxes your savings on which you have already paid taxes by taxing you again when you spend it. And without a constitutional amendment abolishing the income tax, the threat that we will wind up with both an income tax and a national sales tax exists.

Not at all surprising that Dukakabee would support such a bad idea and try to cloak it in Reagan clothes.

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One Response to Dukakabee’s Dubious “Fair Tax”

  1. Matt says:

    It a shame when people make ignorant claims about something they know nothing about. You won’t be paying payroll taxes on your savings to start with so there is no way you can be double taxed. Also the tax rate with be 23% with rebates for taxes on living expenses for all Americans up to the poverty level. Before you make further false statements read up on Fairtax.org and at least make educated arguments.

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