Wednesday, February 3, 2010

Fair or flat tax

Hi

If you have followed my blogs you know that I am an advocate for a fair or flat tax. It is worth while to demonstrate what such a taxing system would bring.

The first thing that is necessary is that a Constitutional Amendment be made, and this amendment would have to do the following two things.
First: It must repeal the Amendment which gives the government to assess an income tax. Failure to do so would result in a possible double taxation. We know too well that politicians of both major parties would love that, it would be a disaster. At the same time the legislation or amendment authorizing a fair or flat tax would be passed.
Second: Any new amendment must contain a proviso that it can only be amended by a super majority of both houses of congress (67% or even 75%) This would insure that the only way congress can play around with our money is to expose themselves as tax raisers. That would be great, I can see them squirming when time to get reelected comes around.

The fair or flat tax would have to be explained to the people, so I will limit my next few posts to explaining how the tax would work. I find the mechanics of the fair or flat tax intriguing. Stay tuned.

Continue to pray for our brave service people.
GOD Bless

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