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I haven't made up my mind about this "fair" tax situation yet. Please answer the following question for me.
When people argue taxes, nobody brings up the fact that income and taxes are directly related to each other. Namely:
Gross Income - Taxes = Net Income
When you change the tax code, everyone's gross income and net take-home pay changes because taxes can increase or decrease your gross income by encouraging/discouraging certain behaviours.
I want to maximise my Net Income. I don't care what tax structure is used.
Can you comment on how "fair" tax will affect the Gross Income variable of the economy in general, and any specific industry you may want to discuss?
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