Posted on 05/06/2008 12:07:04 PM PDT by Man50D
Casselberry, FL
Central Library
215 N. Oxford Road
Casselberry, FL 32707
Monthly Meeting for Casselberry and surrounding areas is every second Tuesday at 7 p.m. at the Central Library.
There will be a presentation of the FairTax followed by a Q&A and a discussion of recent volunteer activities.
For more information, please contact Larry Walters at 407-949-2959.
Date: Tuesday, May 13, 2008
Time: 7:00 PM - 8:45 PM
Repeat on the second Tuesday of the month until 07/20/2008
This event does not require an RSVP. Registered users can request event reminders.
Fair Tax ping!
bakatcha
Bump for Florida one week from now!
The ‘fair tax’ crowd seems to have an awful lot of organization pushing it... it smells like a liberal policy to me
From the near-religious zeal of the proponents, to the deception of the ‘tax inclusive’ rate specification, to the monthly govt. ‘prebate’ handout checks, this thing stinks all over to me
yes, I have read them and, AS USUAL, you completely miss the point of my post.
PRE-BATES = monthly govt handout
TAX-INCLUSIVE = deception
ZEALOTS = well just read your reply...”The inclusive/exclusive(23%/30%) rate comparison is only two different ways of looking a the same animal. The dollar amount collected will be the same regardless of whether you are quoting the tax inclusive or tax exclusive rate. Your misconception of the prebate ignores the fundamental point the prebate returns only taxes to be paid on necessities up to the poverty level. It won’t .....” Zzzzzzzzzzzzzzzzzzzz *WOMP*
Look- if the argument was JUST to scrap the existing tax code then I’M ALL FOR IT- can we start with that?
OK then what do we replace it with- a massive GOVERNMENT BUREAOCRACY THAT HANDS OUT CHECKS???? (yeah, no problem with THAT as I can forsee it.. the government NEVER screws up handing out money )
or a FLAT TAX 10% income tax.. one page tax return, no exemptions, on EVERY CENT (poor people receive services and benefit from roads and bridges too)- AND- (here is the good part) the governemtn HAS TO LIVE WITHIN THE AMOUNT COLLECTED
PRE-BATES = monthly govt handout
The "prebate" is a cutesy name for a tax refund. Under your definition, a tax refund is a government handout. So I assume you have never claimed a tax refund on your income tax.
TAX-INCLUSIVE = deception
I don't care whether you call it a 23% tax or an (almost) 30% tax. If I earn $100 and $23 is withheld from my gross income, I have $77 left to buy stuff. Under the FairTax, I receive my all of my gross income. When I spend $100, $23 is for the tax and $77 is for the stuff.
One is a 23% income tax, the other is a 23% consumption tax. Or one is a 30% tax on the product and one is a 30% tax compared to what I have left to spend. In both cases, the tax paid was $23. Where is the deception?
Just use inclusive to compare both tax systems or exclusive to compare both tax systems. It is only deceptive when using inclusive for one and exclusive for the other.
I don't believe anyone smart enough to run a computer would be dumb enough to get confused by inclusive/exclusive taxes. So I must believe you have some other agenda for making your accusation of deceit. What is it?
Another liberal trait of the ‘fair tax’ crowd...
attack anyone who questions them:
“I don’t believe anyone smart enough to run a computer would be dumb enough to get confused by inclusive/exclusive taxes. “ -Cracker Jack
“Your comments are becoming more ludicrous with each post. “ - Man50D
Thanks for changing the discussion to name-calling
And no one has yet to address one of my main points- the ‘prebate’ checks. Do you REALLY expect the goverment to had out $BILLIONS efficiently each month? Look at what happened when they tried to hand out money after Katrina.
ALSO- and this is important~!- The PRE-BATE dollar amount has no where to go but UP!
Do you think that every election won’t have politicians promising a bigger ‘pre-bate’? and what happens to one who promises a SMALLER ‘pre-bate’ check?
You can count on misdirection and word twisting
” don’t care whether you call it a 23% tax or an (almost) 30% tax. If I earn $100 and $23 is withheld from my gross income, I have $77 left to buy stuff. Under the FairTax, I receive my all of my gross income. When I spend $100, $23 is for the tax and $77 is for the stuff.”
When you go to the store now to buy something and they tack on the sales tax- what rate to do they use? (tax exclusive) it is how every normal person knows how to calculate sales tax. But fair taxers insist on using a method not normally associated with SALES TAX when computing a SALES TAX.
Not only that, it deceptively gives the impression of a MUCH LOWER rate (23% -vs- 30%) I would rather people hear that higher rate whenever we talk about taxes. If the choice does not matter to you, then use the higher rate (yes I hope a 30% sales tax DOES scare the heck out of people)
Talk about an "attack". Even Obama considers it an insult to be called liberal. Anyone who calls me liberal is not only being insulting, but is also demonstrating gross ignorance about me and my philosophy.
Thanks for changing the discussion to name-calling
Have we discussed name-calling enough?
you REALLY expect the goverment to had out $BILLIONS efficiently each month?
Actually, handing out money is one of the things the government does pretty well. In the case of the prebate, most refunds will be distributed electronically to a bank account.
The PRE-BATE dollar amount has no where to go but UP!
As the FairTax is configured, the prebate is tied to the poverty level as defined by the government and is financed by taxes collected by the FairTax. If the poverty level goes up, the prebate goes up. If Congress messes with the formula, it is up to the voters to punish them.
But fair taxers insist on using a method not normally associated with SALES TAX when computing a SALES TAX.
And FairTax opponents insist on using an exclusive tax rate to describe the FairTax and an inclusive tax rate to describe the income tax. This results in a misleading comparison.
I agree that 30% sounds higher than 23%. But giving the name "25%" to one of the many income tax brackets sounds lower than if it was named the 33% bracket. In either case, the income tax paid on $100 income is $25. It is 25% of the $100 gross or 33.3% of the 75% net.
So by your rules, the FairTax rate must be described by its 30% exclusive percent and the income tax rate is described by its 25% inclusive percent. Who is it that is REALLY doing the deceiving here?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.