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Just how fair is the 'FairTax'?
Money.cnn ^ | 9/7/05 | Pat Regnier

Posted on 09/07/2005 5:15:28 PM PDT by Man50D

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To: pigdog
That's not what Jorgenson said at all.
You're the Fairtax spokesman, is there some reason you keep pretending you know what he didn't say but haven't posted what it was exactly he did say?...

If you know what he didn't say, you have to know what he did say, what is it? Wouldn't that be easier than constantly calling everyone (who really does know) a liar?

I like it when you post something other than your childish names, acronyms (no one else knows the meaning of) and name calling because everything else you post makes you look even more stupid...especially your off the wall charts...BWAHAHAHAHAHA!

221 posted on 09/13/2005 8:58:15 PM PDT by lewislynn (Status quo today is the result of eliminating the previous status quo. Be careful what you wish for)
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To: Vinnie
True, but what about Roth IRAs, any stocks, mutual funds , savings accounts that you have been taxed on already?

Taxes paid on anything prior to implemetation of the Fair Tax would not be rebated. No newly implemented tax system could promise a rebate. Congress would not have enough money to run the government.

As for your other point about the embedded taxes on manufacturing and that savings being passed on to the consumer, I don't believe it. How are we, the consumer, to know whether we are benefiting from those 'savings'? We have no way of tracking as to whether we are getting gouged. How is the consumer to possibly know how much the tax is on the amount of steel, plastic, leather used in the manufacture of a car for instance? We have to take the word of the manufacturer.

The consumer will know how much the tax on a product or service because business to business taxes will be eliminated under the Fair Tax. The only tax will occur at the final stage of production, which will be the tax you pay when you make a purchase.

222 posted on 09/14/2005 3:50:10 AM PDT by Man50D
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To: Always Right; ancient_geezer; pigdog; kevkrom; Bigun

No, it is not that I "feel" that way. And, contrary to your remark, the source for that claim has not been "completely discredited."

Pigdog demonstrated in post #195 that there is substantial tax system cost buildup through the manufacturing chain which is passed on to the consumer. Those costs are eliminated under the Fair Tax.

In addition, there are substantial corporate overhead costs associated with complying with the Infernal Revenue Code which likewise are eliminated with the Fair Tax.

The (dollar) tax cost of government (to the overall economy) is substantial -- some credible observers have estimated that it may be as much as $1.00 for each $1.00 of taxes raised (exclusive of the SS/Mediscare tax system). And, under the Fair Tax, that cost disappears.

The Tax Foundation released a study several years ago which found that the compliance cost of the NRST would be reduced 95% for corporatations and businesses and 100% for individuals.

If that and the FReedom FRom the greedy hand of government were the only two benefits of the Fair Tax, it would be worth the change.

But as has been repeatedly demonstrated on these threads, there are substantial other benefits of the Fair Tax (both in dollar terms and in, for lack of a better way to state it, "citizenship" terms -- FREEDOM FROM GOVERNMENT INTERFERENCE IN EACH CITIZEN'S MOST PRIVATE ECONOMIC AFFAIRS!!!!!!), in addition to the two mentioned above.

I must, sadly, conclude that you and the other status quo shills on these threads must profit in some huge AND EVIL way FRom the progressive income tax system.

How dare you take great delight in enjoying the pain and suffering of your fellow citizens who are being held in slavery by their own government to a Marxist tax system which cruelly inhibits their creative economic activity!

How dare you take great delight in enjoying the pain and suffering of your fellow citizens who are being held in slavery by their own government to a Marxist tax system which cruelly punishes their economic success!

HOW DARE YOU!

My challenge to you, and others of your ilk, is to come up with a better idea than the Fair Tax. Take the time, spend the money and expend the effort to get it before the American people and "in play" in the US Congress.

Then we can talk.


223 posted on 09/14/2005 5:04:57 AM PDT by Taxman (So that the beautiful pressure does not diminish!)
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To: pigdog

Check out #223!


224 posted on 09/14/2005 5:07:38 AM PDT by Taxman (So that the beautiful pressure does not diminish!)
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To: Taxman
No, it is not that I "feel" that way. And, contrary to your remark, the source for that claim has not been "completely discredited."

It has been demonstrated beyond the point of debate that Dr. Jorgenson's work has been grossly misrepresented by the fairtax.org and Boortz and Linder and others. There is no other basis for that claim.

Pigdog demonstrated in post #195 that there is substantial tax system cost buildup through the manufacturing chain which is passed on to the consumer. Those costs are eliminated under the Fair Tax.

LOL, right. Pigdog has demonstrated no such thing. Pigdog still lies and denies what Dr. Jorgenson says. What pigdog has 'demonstrated' are not tax costs, but are profits to business. Your 'economist' Pigdog believes that businesses will accept less profits at the same time take home pay for employees and costs of goods go up 20%. Yeah, that is going to happen. Quit the koolaid drinking and debate honestly.

225 posted on 09/14/2005 5:44:37 AM PDT by Always Right
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To: Taxman
I must, sadly, conclude that you and the other status quo shills on these threads must profit in some huge AND EVIL way FRom the progressive income tax system. How dare you take great delight in enjoying the pain and suffering of your fellow citizens who are being held in slavery by their own government to a Marxist tax system which cruelly inhibits their creative economic activity!

Shillary is that you. What a windbag. Involking anti-Captialism and then Marxist rhetoric in the same post. What hypocritic non-sense.

226 posted on 09/14/2005 5:48:04 AM PDT by Always Right
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To: Man50D

To get any major reform on taxes passed, it's going to take a major marketing campaign. People don't like the current tax system, but they prefer the devil they know to anything they don't know.


227 posted on 09/14/2005 5:51:36 AM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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Comment #228 Removed by Moderator

To: Always Right

Just how detached FRom reality are you?

The progressive income tax is pure anti-capitalistic Marxism!

Speaking of nonsense -- which you are, where is your solution to the problem?

Come to the forum with solutions, AR. Solutions!


229 posted on 09/14/2005 6:26:46 AM PDT by Taxman (So that the beautiful pressure does not diminish!)
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To: Taxman
Just how detached FRom reality are you?

I live reality. I own businesses, I pay taxes and I pay 'compliance' costs. I know the numbers you guys throw about are purs BS.

230 posted on 09/14/2005 6:31:47 AM PDT by Always Right
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To: PeteB570
If an hourly worker is working for $10 an hour and the Fair Tax passes do you really think a boss is going to walk up to a worker and say "Hey, the Fair Tax passed, I'm only going to pay you $7.50 and hour."

Perhaps not. In that case, everyone would have more money... and pay the 23% tax on top of existing price levels.

Obviously, the FairTax is not a magic money machine that allows the government to be funded at existing levels while everybody gets richer. It's unfortunate the the original garbled Boortz/Linder presentation left people with that impression.

231 posted on 09/14/2005 6:37:37 AM PDT by steve-b (A desire not to butt into other people's business is eighty percent of all human wisdom)
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To: Always Right

Your posts indicate to me and others that you are none of the above.

Shill for big government, the IRS and the progressive income tax is what I get FRom your inane posts.


232 posted on 09/14/2005 6:44:52 AM PDT by Taxman (So that the beautiful pressure does not diminish!)
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To: Taxman

Obviously, you have no arguement except stupid personal attacks.


233 posted on 09/14/2005 6:50:37 AM PDT by Always Right
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To: steve-b
Obviously, the FairTax is not a magic money machine that allows the government to be funded at existing levels while everybody gets richer. It's unfortunate the the original garbled Boortz/Linder presentation left people with that impression.

Yep, and it is unfortunate that their kool-aid drinking supporters still insist the magic money point is true. The 2 Trillion in taxes has to come from somewhere.

234 posted on 09/14/2005 6:54:09 AM PDT by Always Right
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To: Always Right
Yep, and it is unfortunate that their kool-aid drinking supporters still insist the magic money point is true. The 2 Trillion in taxes has to come from somewhere.

To clarify, there would be some significant net benefit from getting rid of red tape and economic inefficiencies driven by the current tax code, but obviously not enough to fund the government from out of nowhere. The most reasonable estimates I've seen are that pre-FairTax prices would fall about 5%, thus producing a corresponding gain in the average person's purchasing power.

235 posted on 09/14/2005 7:02:02 AM PDT by steve-b (A desire not to butt into other people's business is eighty percent of all human wisdom)
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To: Taxman
Speaking of nonsense -- which you are, where is your solution to the problem?

The ONLY solution is to cut spending. As long as the government is spending 20% of our GDP, there is no friendly way to collect for it. You guys spin this as a fairytale.

236 posted on 09/14/2005 7:03:14 AM PDT by Always Right
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To: steve-b
To clarify, there would be some significant net benefit from getting rid of red tape and economic inefficiencies driven by the current tax code, but obviously not enough to fund the government from out of nowhere. The most reasonable estimates I've seen are that pre-FairTax prices would fall about 5%, thus producing a corresponding gain in the average person's purchasing power.

Actually, my numbers in post 72 are as good as any, and I estimate about a 7% fall counting all the taxes saved by businesses and a reasonable amount of savings from compliance. Anybody claiming more than 10% is smoking something.

237 posted on 09/14/2005 7:09:42 AM PDT by Always Right
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To: Always Right; Taxman
Taxman,

This is coming from the same guy who had two of his post removed by the Moderator just yesterday. Look at post 202, and 205 in this thread. Always right has no solution to our tax code. Other than lets just cut the spending. LOL! Like that is going to happen..... If anything is a pipe dream, then Always Right solution to cut spending falls in to that realm. I have a suspicion Always Right is benefiting from the current tax code, and this is why he is always fighting this Marxist Progressive tax code we have in this country.
238 posted on 09/14/2005 7:11:43 AM PDT by Sprite518
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To: Sprite518
This is coming from the same guy who had two of his post removed by the Moderator just yesterday. Look at post 202, and 205 in this thread.

And there have been posts by pigdog removed on this thread, as well as taxman's post on 232.

239 posted on 09/14/2005 7:15:09 AM PDT by Always Right
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To: Always Right

taxman post #228....


240 posted on 09/14/2005 7:15:53 AM PDT by Always Right
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