Artificial intelligence is still a relatively new technology. Still more and more people are using it to answer questions or look up information. Bob Paxton, a FAIRtax advocate in Ocala, is a former radio personality as well as a retired computer programmer. He is the founder of FAIRtax Power Radio, a weekly podcast and video stream, who decided to ask three separate AI application services to compare the current income/payroll tax system to the FAIRtax and then choose which system they would like to live under if they were a typical American taxpayer. Not surprisingly, all three chose the FAIRtax. Below are some excerpts that Bob received from those inquiries.
CoPilot:
“If I were an American taxpayer weighing the income tax system against the FAIRtax, I’d lean toward the FAIRtax – for some compelling reasons, though without caveats, if you’re someone who values economic freedom, simplicity and transparency, the FAIRtax is attractive. But if you prioritize stability, predictability and targeted redistribution, the income tax feels safer.
Grok:
“If I were an American taxpayer, I’d lean toward the FAIRtax for its simplicity, transparency and potential to boost economic growth by untaxing productivity. The income tax system’s complexity and inefficiency (ie., hours spent on tax prep, loopholes favoring the wealthy) are major drawbacks. The FAIRtax prebate could address regressivity if well implemented, ensuring low-income households aren’t disproportionately burdened. However, I’d want a clear transition plan to avoid price shock and protections against evasion (e.g., strong auditing of retailers).
That said, the income tax’s progressively and stability are strong arguments, especially for those prioritizing redistribution. My preference assumes a well-designed prebate and enforcement system, which isn’t guaranteed.”
ChatGPT:
“If I were an American taxpayer, I’d like the FAIRtax system over the current income tax, though with some reservations. The FAIRtax is a national sales tax that replaces most federal income taxes, including payroll taxes for Social Security and Medicare.
In summary, I’d prefer the FAIRtax because of its simplicity, potential to stimulate economic growth and fairness in how it taxes individuals based on consumption rather than income. It would provide a fresh start with fewer complexities, though the regressive nature of the tax and it’s potential impact on the cost of living for low-income families would need to be added effectively.”
I found it interesting that all three AI applications chose the FAIRtax, noting it’s simplicity, transparency and potential economic growth. However, I take exception to the idea that the income tax system is stable or predictable since Congress proposes 1,500 to 2,000 changes to the tax code each year. Also, worth noting is that although the Fairtax removes Social Security and Medicare obligation from paychecks, the bill requires a certain percentage of all FAIRtax collected to go to those programs making them much more stable than they are today. I am convinced that, once sufficiently explained, most living, breathing, thinking human beings would arrive at the same conclusions.
For more information go to FAIRtax.org
