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Old 02-16-2005, 10:42 AM
Corey Corey is offline
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Join Date: Nov 2004
Location: WSOP 2005: Here I Come
Posts: 350
Default Re: This would stop all the Gambling Tax Confusion -Fair Tax Act

Regressive doesn't mean "hurts only the poorest of the poor." Such a system is clearly more regressive than the current federal income tax. We all can see that.

However, I am not trying to make an argument against this system. The point I am trying to make is policy makers view this system as regressive; as such, any fair tax bill would never make it through both chambers. Furthermore, to get the 16th ammendment repealed, you would need 3/4 of state legislatures or 2/3 of both houses. That is my point, legislators are against this bill and even a small minority can kill it.

I do not want to go any farther with this discussion on this board. That's what the politics board is for.
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