I just saw a Democratic Senatorial Campaign Committee ad against Georgia Senator Saxby Chambliss about the “Fair Tax” or 23% National Sales Tax. What’s dishonest about the ad is that a real discussion on this matter should included the fact that the 23% sales tax REPLACES all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare and self-employment taxes.
I am no tax expert but I would like to hear more about the Flat Tax proposal with the less than 20% single rate and the two postcard-sized forms: one for labor income and the other for business and capital income.
Bottomline: any intelligent discussion of the Fair tax proposal or the Flat tax proposal should included the full disclosure of taxes the new plans would eliminate—anything else is an attempt to exploit the perceived ignorance of the voters. Not cool.
Project Logic Ga 