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Fair Tax - Straightening Out Some Confusion
Nealz Nuze ^ | 9/15/2005 | Neal Boortz

Posted on 09/15/2005 7:03:21 AM PDT by groanup

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To: Kerretarded
So unless the transition phase is pain-free, it is not worth doing a reform?

KEY QUESTION: Tell me how we won't be stuck with ANOTHER tax system.

I am in favor of a Dick Armey-style flat tax, (reform of the current income tax). If we can't get even that passed, all of this fair tax theory is just silly.

61 posted on 09/15/2005 9:05:22 AM PDT by hripka (There are a lot of smart people out there in FReeperLand)
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To: Always Right
Your cheerleading a 30% sales tax making phoney claims is despicable.

Inclusive/Exclusive argument again? Aren't you getting tired of having your butt handed to you every time you try that bait-n-switch?

No my facts are rock solid and undeniable. BTW, go visit the fairtax FAQ, they admit the fairtax is a progressive tax scheme too.

You mean this? If that is the best you've got, stick to building houses and leave tax schemes to ANYone else.

62 posted on 09/15/2005 9:05:28 AM PDT by Dead Corpse (Anyone who needs to be persuaded to be free, doesn't deserve to be. -El Neil)
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To: Mind-numbed Robot
The Fair Tax will not only capture the underground economy

Come on, even the "Fair Tax" proponents gave up on that lie long ago.

63 posted on 09/15/2005 9:06:14 AM PDT by SolidSupplySide
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To: Dead Corpse; Mind-numbed Robot
Part of HR 25 is the destruction of all government held IRS records. A lot of people would breath easier with a nice, completely annoymous, tax system.

Honestly now, Do you really believe that??

64 posted on 09/15/2005 9:07:47 AM PDT by hripka (There are a lot of smart people out there in FReeperLand)
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To: raybbr
Does anyone think corporations will not keep the money for themselves?

What anyone thinks is not important and from your ping list I can see that you are one of the economically challenged Freepers.

The market will determine what the corporations do with the money. They may even outsource it by sending it to China. That ought to thrill you because you don't understand the economics of that either.

65 posted on 09/15/2005 9:08:47 AM PDT by Mind-numbed Robot (Not all that needs to be done needs to be done by the government.)
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To: SolidSupplySide
Yeah... it's a "lie" because people in the "underground economy" don't buy things at retail. They get all their "bling" from the same blackmarket.

Pull my other leg.

66 posted on 09/15/2005 9:08:54 AM PDT by Dead Corpse (Anyone who needs to be persuaded to be free, doesn't deserve to be. -El Neil)
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To: hripka
Believe it? Why?

Consider that the alternative is to continue on as we have. Even a Flat Tax leaves the very same system in place that got us where we are today. It will eventually bring us right back to the screwed up system we have now.

Only by gutting the beast can we get enough people aware of how bad the current system is to get some real change going. Remember that part of the NRST is that "in your face" sales receipt to remind every single consumer of the cost of government. Right now, most people don't see what is withheld so never miss it.

67 posted on 09/15/2005 9:12:02 AM PDT by Dead Corpse (Anyone who needs to be persuaded to be free, doesn't deserve to be. -El Neil)
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To: Always Right
When I do a service for $130, I can legally only keep $100 and must remit the $30 to the state. I have $100 to spend. When a drug dealer/prostitute get $130 they keep $130 and have $130 to spend. They cheated the fairtax system $30.

But, if they turn around and spend that $130, currently none of that goes to the feds. Under the Fair Tax, 23% of that, or $29.90 goes to the feds. They now get taxed.
68 posted on 09/15/2005 9:12:55 AM PDT by Eagle of Liberty (11, 175, 77, 93 - In Memory Always)
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To: Dead Corpse
Inclusive/Exclusive argument again? Aren't you getting tired of having your butt handed to you every time you try that bait-n-switch?

ROTFLOL.....MY BAIT AND SWITCH???????? 99.999999% of the universe understand sales tax as they way I quote the rate. You phoneys are the ones who con-cocked the 'inclusive' rate to mislead the people on what your sales tax really is. It is a 30% sales tax on all goods and services. If you call it a 23% sales tax on all goods and services, you are lying. You must state it as a '23% inclusive sales tax in all goods and services' to be accurate.

69 posted on 09/15/2005 9:14:17 AM PDT by Always Right
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To: Dead Corpse
it's a "lie" because people in the "underground economy" don't buy things at retail.

I sense sarcasm, but do you really think you can buy rock cocaine at Wal-Mart? Transactions in the underground economy can't be captured by a sales tax.

70 posted on 09/15/2005 9:16:42 AM PDT by SolidSupplySide
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To: Kerretarded
But, if they turn around and spend that $130, currently none of that goes to the feds.

It works the same way as it does today. When the crook spends money in the legal economy, that money flows through and pays the embedded taxes. Until the fair tax figures out a way to collect on the services of the prositute, then they are still cheating the system. The tax base for the fairtax does not include the illegal economy. It does not add to or subtract from the tax base, just like today.

71 posted on 09/15/2005 9:17:28 AM PDT by Always Right
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To: lewislynn
I see you pinged your economically challenged caucus.

How many people have you ridiculed when they tried to tell you the truth?

Tell us some truth that is anti-Fair Tax. As an aside, a phony should learn how o spell it.

72 posted on 09/15/2005 9:17:55 AM PDT by Mind-numbed Robot (Not all that needs to be done needs to be done by the government.)
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To: Dead Corpse
The IRS keeps income records.

The government, under a 'fair tax', will keep records on ALL transactions.

In your attempt to 'gut the beast', you have just created a bigger monster.

73 posted on 09/15/2005 9:19:40 AM PDT by hripka (There are a lot of smart people out there in FReeperLand)
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To: Always Right
So the numbers inclusive are different if you compute them exclusive. And? Why do you only express them one way and not the other? Bait-n-switch. You'd prefer the current scheme with its tiered taxes, numerous withholdings, long trails of records, layered tax costs, huge compliance costs, loopholes and liabilities.... all just because you like playing the current system and might not be able to slide by in the new system?

If you don't like the rate, help reign in GOP spending and we can work on 'em to give us a tax cut. All of us. Not just a few or "targeted" tax cuts. One rate. Adjust it.

74 posted on 09/15/2005 9:20:38 AM PDT by Dead Corpse (Anyone who needs to be persuaded to be free, doesn't deserve to be. -El Neil)
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To: hripka
The government, under a 'fair tax', will keep records on ALL transactions.

Furthermore, the government will continue to keep records on income in order to determine Social Security benefits. The government gets more records under a sales tax than it would under an income tax.

75 posted on 09/15/2005 9:21:14 AM PDT by SolidSupplySide
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To: groanup
But,guess what, if Joe's car needs repair unexpectedly he can defer paying taxes for a month or more. He can buy used and he will be getting his pre-bate for necessities.
Buy used what? Used car repair service? Used car parts?

Frankly, I never understood this "buy used" and avoid the tax line. Most of the stuff I pay for every month is not "used" and I couldn't buy it used if I wanted to.
76 posted on 09/15/2005 9:21:17 AM PDT by Your Nightmare
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To: SolidSupplySide
Transactions in the underground economy can't be captured by a sales tax.

Exactly.

77 posted on 09/15/2005 9:21:28 AM PDT by Always Right
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To: SolidSupplySide
Furthermore, the government will continue to keep records on income in order to determine Social Security benefits. The government gets more records under a sales tax than it would under an income tax.

Right now there are seven pieces of information that is required on every sales tax receipt under their plan. It is only a matter of time when compliance becomes a problem, when information on who the buyer is will be required on every receipt. That is the only way sales tax can be tracked.

78 posted on 09/15/2005 9:23:38 AM PDT by Always Right
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To: hripka
On all transactions? Or just the amount of tax collected on all retail transactions?

A pretty massive difference especially considering that latter is still annymous from the consumers standpoint. Retailer are already audited up the ying-yang now. The reporting and complaince mechanisms for collecting sales tax are already in place.

79 posted on 09/15/2005 9:23:49 AM PDT by Dead Corpse (Anyone who needs to be persuaded to be free, doesn't deserve to be. -El Neil)
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To: Kerretarded

I gather you "think" that when a prostitute buys drugs, the drug dealer will collect the "fair tax" and send that money to the government.

LOL!


80 posted on 09/15/2005 9:24:27 AM PDT by pfony1
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