Thursday, August 16, 2007

Fred Thompson, The Fair Taxer? Possibly.

Earlier today Ol' BC got an e-mail from the always astute and rarely off base, BC, Jr. (or Little BC if you will) that prompted some degree of interest. I've always been a proponent of eliminating the IRS as we know it and the federal income tax as well. Replacing it with a sales tax would be much easier to manage and much more difficult for the government to screw with individuals via the tax system. My logic is really quite simple. Now, crooks don't pay taxes. They can deal their drugs and buy nice things and never file a tax return. Under a sales tax system they would pay as every one else pays. Even mostly honest people who just fail to report a little here and a little there would pay honestly. Illegals who work for cash on the side would pay as everyone else pays. (The legal poor could be rebated a predetermined amount at the beginning of each year to keep them from paying on income up to a level deemed appropriate. It really wouldn't be too difficult to administer.)

Looks like Fred Thompson agrees with Ol' BC to a large degree.

What will this mean if Fred becomes a "declared" candidate? Who knows? My first guess is ridicule from the MSM and Hitlery and her Socialist buddies. It may be time for a major overhaul and Fred Thompson may be the catalyst. Let's hope so.

Just a thought.


At 11:28 PM, Blogger Texas Truth said...

Sounds like a good idea to me!!!

At 3:20 PM, Blogger Ol' BC said...

It's a great idea, but the Donks want more power to redistribute the money. They give little dabs to the poor and keep them voting for the Donks in mass.


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