No. of Recommendations: 3
McCaffery's "fair not flat" tax could help get us out of the tax mess that politicians and special interests have gotten us into, improving the whole country in the process.
When Mike Huckabee was running for POTUS, some years ago, he was flogging a "fair", ie flat, sales tax. By it's nature, people who need to spend nearly all income on current consumption will pay a lot. Those pulling down tens of Millions/year will, proportionally, pay a lot, lot, less, of their income.
Funding something like a national health plan with a VAT isn't so bad, because consumption of health care services does not increase with income, to a high degree. Funding the entire government with a flat tax is another gigantic tax cut for the "JCs". I have offered before, Trump's obsession with tariffs is a scheme to turn the clock back to 1912, when much of the government's revenue came from tariffs, and, more importantly, to him, there was no income tax.
Steve