Fred Thompson Supports the Fair Tax

On his trip to Houston this week Fred Thompson was asked if he were President and the house and senate approved the fair tax would he sign it, Thompson replied “absolutely”. This is good news for advocates of the fair tax; most voters agree that we need to overhaul the tax code. I will say that I haven’t’ studied their proposal in detail but removing all current taxation (federal) and replacing it with a consumption based tax seems logical. It actually addresses the thing that liberals claim they want which is the rich to pay their fair share. They don’t really because the rich don’t pay taxes in general because we currently tax income, not wealth. Most libs don’t understand the difference, the rich ones do, but most libs aren’t rich.

At any rate it is good to see that Fred supports an overhaul of the tax system, the other two top tier candidates (Rudy & Romney) support the status quo, or support raising taxes. Fred doesn’t seem afraid to go out there and answer questions and stake a position on something that is controversial. This is good, it doesn’t make him look like he needs to get a committee to tell him what to say like Rudy and Romney.