SET Is Not Reform - Reader comments at The New York Sun

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Taxes Made Simple

Submitted by Fair Tax Supporter, Jan 29, 2008 07:41

SET ia another version of a flat tax on income. History has proven such a tax does not work. Our current income tax code began as a flat tax on income when enacted in 1913. The tax rate on the first $20,000 was 1% and 7% over $500,000. An overhwelming majority paid the 1% as so few in 1913 earned more than $500,000. Only one half of one percent were taxed. Today more than 80% must file a tax return. Any flat tax proposal on income that still maintains the IRS and will eventually bring us back to our current predicament. Tinkering with the existing tax code with another attempt to reform is not a solution. The income tax code is beyond reform. It is time to replace the income tax.

The only viable solution is The Fair Tax. It will shift the tax burden from income to consumption. All federal income taxes will be abolished. Purchasing power will increase since people will have more money in their paychecks. It is the long term version of The President's and Congress's tax rebate stimulus package. No more will people have to spend countless hours and dollars filling out tax forms and paying accountants. People will pay the tax when they make a purchase. More importantly it dissolves the oppressive IRS and returns power and freedom to the people by giving individuals the choice of how often and how much they are taxed. It was the intent of our founding fathers when they drafted the Constituion power be disbursed to the people. The Fair tax achieves that goal. It's time to make April 15th just another day.

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Other reader comments on this article

Comment	By	Date
...now where is that Tea? Folks it's past time for that 21st Century Tea Party we have been waiting for.... [MORE]	FairTax Fan	Jan 29, 2008 23:08
The fact that this DOES NOT dismantle the Orwellian, privacy destroying, reporting mechanisms or the withholding mechanisms dooms this "plan"... [MORE]	Betty	Jan 29, 2008 17:39
The Fair Tax has over 23 million dollars in research thru the years. Has many economists from well universities such... [MORE]	Robert F. Liker	Jan 29, 2008 15:40
SET ia another version of a flat tax on income. History has proven such a tax does not work. Our...	Fair Tax Supporter	Jan 29, 2008 07:41
I do not see the substantive difference between this SET Tax and the Flat Tax. Both are single-rate taxes with... [MORE]	Jim Bennett	Jan 29, 2008 03:53
This proposal simply resets the current income tax system back in time so that it can regrow into the monster... [MORE]	Mark Kuster	Jan 29, 2008 00:12
But for the single rate, where's the difference between this and the current system? Oh, yeah. It would allow "'subtractions'... [MORE]	Charles Fink	Jan 28, 2008 23:50
These guys have got to be joking..SET tax.Why not call it the THUMB tax.Everyone will feel it each time the... [MORE]	FrionTx	Jan 28, 2008 23:03
This is just another tool for social engineering. Reward this and don't reward that. Nursery School for taxpayers. I'm sick... [MORE]	diane	Jan 28, 2008 21:38
I aplaud their effort but, their plan does absolutely nothing to mitigate the inevitable tweaking that led our one-time flat... [MORE]	Charles Transue	Jan 28, 2008 21:27
Straightforward unConstitutional direct taxation. Anyone who thinks this is tax reform just wants more Socialism. The 'authors' of this scheme are... [MORE]	FairTaxWarrior	Jan 28, 2008 20:32
This in no way compares to the benefits or fairness of the proposed FairTax. It does not do away with... [MORE]	Bill	Jan 28, 2008 18:50
This approach, while inventive, cotinues to allow politicians the opportunity to modify the tax code to satisfy various special interests.... [MORE]	Jim Ullom	Jan 28, 2008 17:36

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