To: Man50D
The less money a person makes, the less they will spend. The less they spend under the Fair Tax, the less they will be taxed. That's a no brainer. I said bigger percentage of income. Families who make less than $75,000 a year (well above the poverty line) spend a lot greater percentage of their income on sales taxable items than families who make over. You're talking about multiplying their sales tax by at least x5 for necessities while the rich beat the tax by cutting back on frivolous items thus negatively affecting the economy in the process.
I suggest you do more research at www.fairtax.org
I researched enough to see that Boortz is trying to sell a book to fools.
To: shuckmaster
You're talking about multiplying their sales tax by at least x5 for necessities while the rich beat the tax by cutting back on frivolous items thus negatively affecting the economy in the process. Correction: We are talking about raising sales tax on ALL Retail goods.
Not just necessities like food. ALL goods.
Then we refund you an amount equivelent to all tax on necessities up to the poverty level. Everybody gets the refund. The same amount per person. Yup Even Bill Gates.
And the RICH? What the hell is the point of being rich if you can't have frivolous items? What ELSE are they going to spend it on? THE RICH WILL STILL SPEND. And they will pay taxes on what they spend. More taxes than they do now.
(Why would you defend the current system where the rich pay virtually nothing?)
29 posted on
09/07/2005 6:13:09 PM PDT by
konaice
To: shuckmaster
That's a no brainer. I said bigger percentage of income. Families who make less than $75,000 a year (well above the poverty line) spend a lot greater percentage of their income on sales taxable items than families who make over. You're talking about multiplying their sales tax by at least x5 for necessities while the rich beat the tax by cutting back on frivolous items thus negatively affecting the economy in the process.That's the gag! Everyone's paying it already. Corporate income taxes are embedded in the cost of every product that everyone buys.
51 posted on
09/07/2005 6:44:26 PM PDT by
xrp
(Executing assigned posting duties FLAWLESSLY, zero mistakes)
To: shuckmaster
Sorry, I don't agree with you, provided the constitutional amendment allowing income tax is repealed. Assuming revenue neutrality, monies that are not currently taxed, such as the underground economy, will be taxed thus lowering the tax required on a per capita basis. I also don't buy the class war fair arguments either, and no I am not rich. There will probably be upsets when enacted however I believe the overall result will be well worth it.
60 posted on
09/07/2005 7:06:11 PM PDT by
Nuc1
(NUC1 Sub pusher SSN 668)
To: shuckmaster
Suckmaster wrote:
"I researched enough to see that Boortz is trying to sell a book to fools."
This means you'll be buying one, right?
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