Friday, April 20, 2007

"Finance is a gun. Politics is knowing when to pull the trigger."



Just when Georgia Republicans make me think I'm out, they pull me back in.

1:29 p.m. edit: Yeah, never mind. Georgia Republicans are still spineless chunks of hot mess. Let my buddy Neal Boortz explain:

The Republican Speaker of the Georgia House of Representatives announced yesterday that in next year's session the Republicans would roll out a complete overhaul of Georgia's tax system. He's calling it the "FairTax."

It is not.

Glenn Richardson knows that the FairTax is wildly popular in Georgia and elsewhere. He has a tax reform proposal that resembles the FairTax only in the sense that it includes a sales tax ... then he gives it the FairTax name in a lame attempt to tie it to The FairTax Act currently being considered in the U.S. Congress.
  • The Georgia legislation does not get rid of the state income tax. The FairTax gets rid of federal income taxes.
  • The Georgia legislation calls for an exclusive sales tax. The FairTax establishes an inclusive sales tax.
  • The Georgia legislation makes no provisions to exempt every citizen from the responsibility of paying taxes on the purchases of the basic necessities of life, as determined by the poverty level. The FairTax does.

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