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Fair tax proponent Autry Pruitt joins Chris on this episode of 'The Chris Salcedo Show" to discuss why the fair tax is superior to the flat tax. Autry supports the fair tax "because it taxes consumption instead of income and it keeps the government out of your life." Autry goes on to say, "It keeps the government from diving into your personal day to day transactions, it lessens the pool by which government has to follow up."
Autry believes other reasons to support a national consumption tax versus the income tax are that the former will provide more tax revenue and is more fair because it will tax everyone — no matter the amount of money they make — when they make purchases in the marketplace.
"One of the things the fair tax will do is you will notice quickly a change from 'How do we raise money?' to 'How are we spending the money?' Because that's where the real waste is," Autry explains.
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