Beluga Lake Topics: Oil Profits vs Gov Tax

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	Name:	water_watcher -
	Subject:	Oil Profits vs Gov Tax
	Date:	5/3/2008 10:42:35 AM

Overall I support it. But i also feel it has some drawback that would have to be figured out ... like businesses, small and large, collecting that amount of tax dollars without there being corruption or misrepresenting the actual sales or dollars collected. That problem exists today collecting sales taxes and it is difficult to control. So what happens when the number is much, much larger.

The concept of the fair tax is right on the money, but issues like that would have to be figured out. There would have to be a strong deterent like, you go to jail for 5 years, no options if you are caught cheating the system.