Here is the link to the FairTax website. And you an also read Neal Boortz’s book (I have a link on the right sidebar in my library. (Its the one with the line going through the IRS). The FairTax is better than even a flat tax, or a Value-Added Tax like most European countries use. Ofcourse, watch the class warfare types and Democrats closet marxists gnash their teeth because the Evil Rich™ aren’t getting taxed in accordance with the Communist Manifesto.

For now, a flat tax seems to work well (to me). It’s much more fair to everyone rich or poor, and the government still gets a large slice of the pie from the wealthy class b/c they make & spend more; but at the same time it doesn’t cripple new investors and new business (whom are typically middle and upper class).
The poor relying on welfare will not be negatively affected by a flat tax b/c they pay little to no taxes anyways. The flat tax doesn’t cause economic stagnation as the current (liberal) progressive tax achieved.

P.S. I agree with Duncan about unfairly taxing Google, I want money that I haven’t earned too!!!

P.S.S. Bunny is silly

Ofcourse, this isn’t about profit margins.. its about how much actual dollars are made. Class warfare at its finest from the leftists in our midst. Rob Peter. Pay Paul. Get the Support of Paul everytime.

How ’bout we not tax ANYBODY’s income, and instead institute a consumption tax instead? Ohhh but we can’t do that… it’ll take the ability of the government to invade their citizen’s lives and tax every stinkin’ thing.

Obama Senate Salary- $158,100

Average 2005 Compensation of CEOs of top 15 U.S. Oil Companies- $32,700,000

Lets tax Obama. He’s the one makin’ all the money!

PEACE

Obama should have a “windfall profit tax” on his salary. He escalated from a nobody to a U.S. Senator way too quickly, and that dramatic increase in pay was too much. A 40 percent windfall profit tax on him should suffice (for now).

What nerve! He should have painted himself white, I guess.

Here’s an interesting link regarding “windfall profits” and companies.

What Is a ‘Windfall’ Profit?

Good read! Enjoy!