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Reader comment on:
Bid Farewell to Capgains Tax
in response to reader comment: Why not pass the Fair Tax

Submitted by Kim Kilgallen, Jan 8, 2007 07:59

Thank you for that great article. Our nation needs to wake up to what is happening globally and put American businesses in a better position to compete. The Fair Tax would do that.

We need to find a broader base to collect revenues to fund our social security and medicare programs and to operate our country. The Fair Tax would do that.

We need tax system that is simplistic, requires little overseeing and can be understood by everyone. The Fair Tax would do that too.

Kim Kilgallen


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Other reader comments on this article

Comment By Date

What a no brainer. I own two apartments and an insurance business. They will never sell as long as the... [MORE]

Ernie Harper 

Jan 11, 2007 16:29

Okay I've heard your arguments in favor of this tax. But to think that internet sites ran by small business... [MORE]

Jared 

Aug 6, 2007 07:32

Two words - FAIR TAX! It is what a rapidly growing number of Americans want because it is fair and... [MORE]

Jason Gill 

Jan 9, 2007 22:15

Approximately 40-50% of Americans pay income taxes to cover the rest of us, including illegal immigrants. By switching to a... [MORE]

Paul Morris 

Jan 9, 2007 14:16

Mr Epstein certainly understands the importance of the power of a tax system to influence decision making. I agreed with... [MORE]

Dan Gutting 

Jan 7, 2007 19:05

If one has studied the Fair Tax in detail it explains how lower income workers benefit more under the Fair... [MORE]

Ed Luck 

Jan 7, 2007 14:11

The FairTax (Consumption tax) will replace the illegal income tax which is good. But the income tax which did not... [MORE]

Doug S. 

Jan 7, 2007 13:52

Mr. Epstein, This is quite a complicated discussion of a very complex issue. Imagine what individuals and businesses who have to... [MORE]

Keith Ritzler 

Jan 7, 2007 13:33

The Capital Gains tax is not the only bad apple in the barrel. All the income-based taxes provide grist for... [MORE]

Chad Sargent 

Jan 7, 2007 12:50

All talk about taxes should come down to one simply thing no matter what segment of taxes is talked about.... [MORE]

Tom Kropewnicki 

Jan 7, 2007 11:46

In my opinion right now there are a lot of people who don't pay taxes, and if they did it... [MORE]

CJ 

Jan 7, 2007 07:36

What a simply brilliant article. Concise and understandable to even the common reader. Modern tax policy is overwhelmingly complex and... [MORE]

Christian Hine 

Jan 7, 2007 03:32

Last years HR25/S25 proposed doing away with all income based taxes on indivivuals and corporations and replacing them with a... [MORE]

William M Roberts 

Jan 7, 2007 01:28

Thank you for that great article. Our nation needs to wake up to what is happening globally and put American...

Kim Kilgallen 

Jan 8, 2007 07:59

The current IRS and income tax on individuals and corporations is presently destroying the USA economy. A major portion of... [MORE]

Rudy Treml 

Jan 6, 2007 20:26

Mr. Epstein is correct in his breakdown of consumption tax versus income tax. When people have more ot their own... [MORE]

Larry D 

Jan 6, 2007 20:12

I'll make this as brief as possible. If Mr. Epstein will spend as much time at Fairtax.org, as he apparently spent... [MORE]

William M. Tidwell 

Jan 6, 2007 19:05

Professor Epstein makes very valid points about social and revenue gains to be achieved by reducing taxes on earnings and... [MORE]

Wayne Jett 

Jan 6, 2007 13:18

If the citizens of the United States would Quit watching American Idle, and take the time to read the book... [MORE]

Joe Rafacz 

Jan 7, 2007 12:30

If nothing else gets us sooner, inflation, for which there is no excuse, will!! Something to call one's own and is... [MORE]

Arthur H. Goldkamp 

Jan 5, 2007 21:00

4While I do not disagree with Mr. Epstein's fundamental position, I believe his example is so unrealistic as to seriously... [MORE]

(Fr.) Wm. D. Loring 

Jan 5, 2007 13:42

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