it is a step in the right direction. I know, I know - many on here don't believe in steps back- they have a fantasy of waking up one day after an election and having all that is good in the world restored - but I am a realist.
Know why my wife is paying more attention these days(besides my obsessive rants and the DP that is)? I "went out on my own" - started my own company last year. With that came a lot of things -one of them being quarterly estimated taxes.
Now despite having paid MUCH more quarterly in federal taxes when I was on salary(I got paid a lot more) - the fact that she now must write a big check every three months(actually two - one to the fed, one to CT) - it INFURIATES her. See, it's phycilogical. Before -she never felt it was my money - clearly it was the governments since they just took it right? Now when we get checks in the mail - we move 40% of that check over to a savings account labled Tax Accrual. We know it is for taxes, we know we are not keeping it - but in her mind it is OUR money they are taking now - not THEIR money. And she gets angry over it!!!
If we took away w2's and paid everyone with 1099's - the country would burn the IRS down withing 6 months. That second check really started to irritate my wife, as I imagine it would MANY people.
The fair tax may not be fair - and it may not make much difference since again - it is being pecked to death by ants - but it sure is easier to understand than the current system.
Not to mention - it would save me countless hours of aggrivation keeping track of receipts, and expenses and mileage and on and on.
Want DP delivered to your inbox daily? Subscribe here:
Content of posts and comments on the Daily Paul represent the opinions of the original posters, and are not endorsed, approved, or otherwise representative of the opinions of the Daily Paul, its owner, site moderators or Ron Paul. This