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Easy fix for IRS corruption

A tax on spending is the absolute WORST way for a consumer economy to collect revenue. We want to encourage spending, not discourage it by taxing. The money we want is income NOT spent. People that are saving 80% of their income are the real drag on our economy.

I don't agree on the first half, since you'll have more money on hand. The fairtax proposal includes a basic income check as a pre-tax stimumlus, equal to the average amount that is claimed off of peoples taxes. In the end, this should increase spending, not decrease it.

I agree with the second point, money hoarding is a big problem. Fairtax is essentially a regressive tax, so it could even make it worse. I've said it before; there's no such thing as a perfect solution, just a better solution. A fairtax plan should reduce some of the government spending, so it all comes down to whether that will solve more problems than it creates. I think it will, but it's definitely something we need to think about.
 
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