To: RobFromGa
The FairTax has so much to commend it... but two things stand out - it will enable all Americans to pay a single tax rate ONCE. And it will enhance America's attractiveness to foreign investors by showcasing America as a low tax haven in which to do business. That means new jobs, goods ans services for Americans. And lower prices on everything they buy. And it will increase our low rate of savings since the FairTax is a tax on consumption, not on income. People can make huge incomes if they want and realize the American Dream for the first time. They're taxed ONLY if they spend their money. With some hard work, its fair to say the income tax is destined to be
histoire. And Neal Boortz and John Lindner have drawn the public a map in their new book on how to get there.
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
10 posted on
08/11/2005 4:49:30 AM PDT by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
To: goldstategop
its "sounds" good, only pay tax once... but you are actually paying the Fair tax twice! Your goods will already have a tax built into the price, because the company had to pay the tax for their "materials" i.e. steel, paper, ink or whatever... then you will pay the tax again when you buy it. The fair tax will increase crime and black market. Robberies and black markets would increase. Trains sitting on tracks unattended carrying, TV's, radios, dishwasher, and refrigerators. would be subject to looters for sale on the black markets. Flat Tax is the best idea I have seen.
13 posted on
08/11/2005 4:58:02 AM PDT by
Echo Talon
(http://echotalon.blogspot.com)
To: goldstategop
I'm not going to debate the merits of the Fair Tax on this thread, this thread to me is just a report that the Fair Tax book has generated a lot of publicity and sales.
The Bill itself is available for free online and there are a number of FR threads which discuss the opinions of Freepers re: this bill.
The H.R.25 FairTax Bill is here
22 posted on
08/11/2005 5:11:14 AM PDT by
RobFromGa
(This tagline is on August recess...)
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