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<blockquote data-quote="wkmac" data-source="post: 126343" data-attributes="member: 2189"><p>I think what America needs more than anything else is a wide open National debate on taxes, their nature and even the nature and operation of money and our monetary system. Fair Tax obviously has it appeals but it has it cons as well and to be honest, no method of taxation is perfect. They will all have some pros and cons to them but it will also be based on what the motive and the goal behind the tax really is to be able to appreciate it's true purpose. One pro more than any other about the Fair Tax IMO is it's precieved transparency. It would appear all taxation as it realtes to personal and corp. income as well as SS and Medicare taxation are striped out of the shadows of embeddedness and you see it for all it's worth everytime you make a purchase. That is one great appeal IMO but there are also the "devil in the details" as well. </p><p> </p><p>A nice article in the form of a 12 year old speech given by an Attorney at the National Archives in Washington DC which entails a brief history of taxation in America IMO is worth the read when considering this subject. Hope you find it worthwhile and informative from a historical point of view.</p><p> </p><p><a href="http://www.lewrockwell.com/orig2/adams7.html" target="_blank">A Brief Tax History of America by Charles Adams</a></p></blockquote><p></p>
[QUOTE="wkmac, post: 126343, member: 2189"] I think what America needs more than anything else is a wide open National debate on taxes, their nature and even the nature and operation of money and our monetary system. Fair Tax obviously has it appeals but it has it cons as well and to be honest, no method of taxation is perfect. They will all have some pros and cons to them but it will also be based on what the motive and the goal behind the tax really is to be able to appreciate it's true purpose. One pro more than any other about the Fair Tax IMO is it's precieved transparency. It would appear all taxation as it realtes to personal and corp. income as well as SS and Medicare taxation are striped out of the shadows of embeddedness and you see it for all it's worth everytime you make a purchase. That is one great appeal IMO but there are also the "devil in the details" as well. A nice article in the form of a 12 year old speech given by an Attorney at the National Archives in Washington DC which entails a brief history of taxation in America IMO is worth the read when considering this subject. Hope you find it worthwhile and informative from a historical point of view. [url=http://www.lewrockwell.com/orig2/adams7.html]A Brief Tax History of America by Charles Adams[/url] [/QUOTE]
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