4.6 • 682 Ratings
🗓️ 22 March 2023
⏱️ 9 minutes
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0:00.0 | This is the Ramsey Call of the Day, part of the Ramsey Network. |
0:10.7 | Joining me today is Ramsey personality, Ken Coleman. |
0:15.3 | I was wondering if you have an opinion on the proposed Fair Tax Act that would eliminate federal taxes, impose |
0:23.5 | a national sales tax on new goods purchased, and eliminate the IRS as we know it. |
0:28.2 | That's the perfect question for the two of us. |
0:30.6 | I don't know two people that hate taxes more than me and Dave Ramsey. |
0:35.2 | Well, I've always been a fan of this. |
0:37.5 | In fact, I lived for years in Atlanta, and Neil Borts, who was a well-known local talk radio guy, |
0:43.2 | you're probably friends with Neil. |
0:44.3 | I know Neil. |
0:44.7 | I know Neil Well. |
0:45.3 | He was a big proponent of this and wrote a book on a show several times back in the day talking about this. |
0:50.0 | Yeah. |
0:50.4 | He had a book. |
0:51.2 | Best-selling book on this very issue. And I'm not going to endorse the book, nor am I going to endorse the policy, |
0:57.9 | but I like the direction that it's heading. |
1:00.9 | And I'll tell you why. |
1:02.9 | I think a sales tax, it forces the consumer to kind of deal with it, |
1:09.7 | and it's not the federal government mandating |
1:12.0 | what is taken from my income. |
1:14.4 | I like the flat tax idea, which is really the guts of what Neil Borts was kind of proposing, |
1:20.7 | and that's everybody pays the same tax rate. |
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