Looks like the elitists are up in arms again!
This time, it’s over the ‘Fair Tax’ that Kevin McCarthy introduced in Congress.
The plan? Abolish the federal income tax and replace it with a national sales tax. Sounds fair to me, but the elitists? Not so much.
Why, you ask? Well, because they desperately need their tax credits and write-offs to avoid actually paying taxes. And let’s be real, who doesn’t love a good loophole? But, the ‘Fair Tax’ would close those loopholes and make sure that everyone pays their fair share.
The richest people in Congress are making the fake argument that a new tax structure would hurt the poor but NEWSFLASH: the poor are already struggling. The poor are actually the ones who would benefit the most from this plan. A national sales tax would eliminate the need for the IRS, which would save billions of dollars, and that money could be used to help America’s poor and middle class.
But, truthfully, no one in Washington really wants to hear it. They want to keep the complicated system because the complicated system can be rigged in their favor.
It’s unlikely that the fair tax will ever see the light of day but, my god, it would be BEAUTIFUL.