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I wanted to GOP candidates is running under the flag of the fair tax Herman Cain.
Defended his position this weekend and Fox's Journal Editorial Report.
To explain to the American people.
That it not only eliminates the the withholding tax for -- fight in world -- the payroll tax.
But that it also eliminates the -- are yes and cost that we have there.
It would we -- need to spend 10% of what we spend on the IRS you know those people that abuse us right harass us -- what they go away they have a plan.
-- new jobs.
Now is Neal Boortz -- of the fair tax -- can host of the Neal Boortz a radio show deal.
I can't believe -- -- -- really known really but brought this issue up last night on the debates -- McCain I love this get rid of the IRS fair tax you're on board tell us about it.
What you know also Michelle Bachmann is on board with the fair tax -- well so she's another proponent that was on that stage up there in New Hampshire last night.
But you -- we've we've explained the fair tax a number times I can make it real simple it gets rid of all business taxes and all personal taxes.
All of those that are payable to the federal government.
Including the death tax capital gains dividends payroll income.
And it just replaces them what -- consumption tax.
And Eric is you know all of those taxes are already reflected.
In the price of everything we buy right now so basically.
Getting rid of all of these taxes.
Put it right back into the price of the goods we buy in the form of a consumption tax -- states collected.
Pay it off to the federal government and -- -- we don't have to keep any records we don't have the IRS on our backs.
And we get 100% of every paycheck.
Plus we never pay a tax to the federal government right up to the poverty level we get there.
-- applied for our families first Danielle everyone participates right now 43% of households in America don't pay federal income tax -- under this one.
Hookers and drug dealers have indicated their fair share tax is -- right.
Eric I think that the latest statistic was that 51% of households don't have any federal income tax liability but you're right.
I mean if you go out there and you buy a lot today.
You're participated in funding the operation of the federal government.
And I mean even NLRB.
Officials who were ripped up bottom of the list right now when it comes to walk.
Never mind -- are even they would have to be paid a fair to deal what are the odds of getting a fair tax asset is it realistic that we may see a fair tax anytime soon.
-- the more people talk about it the more the people liked it.
But you know because we've we've discussed -- -- person and and on the tube a number of times.
It is a massive.
Transfer of power from government to the people.
Government doesn't give power to the people people have to take back the power from government.
And you have a lot of lobbyists in Washington DC.
Who are going to be looking.
For some other way to earn a living that when they lose the ability to gain the tax system.
Dollars a year her mama don't.
And this thing else I'm a fan and I get it's I am a fan of Herman Cain and in Michelle Bachmann now they tell me she's on board as well on the fan of them absolutely I do get have to leave -- at thank you very much for joining us states are okay pal.
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