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Posted on 09/07/2005 5:15:28 PM PDT by Man50D
NEW YORK (Money magazine) - If you don't care much for talk radio, or you don't live in the South, the name Neal Boortz might not ring a bell.
But pay attention: Around 4 million people nationwide catch his radio show. It's No. 1 in Boortz's home market of Atlanta and ranks first or second in numerous smaller cities in red states.
His 180-page polemic for radical tax reform, The FairTax Book, made its debut at No. 1 on the New York Times' bestseller list in August.
When Boortz came to Jacksonville for a book signing at a downtown hotel on a sticky, sweltering Thursday night last month, close to 1,000 people turned out for a chance to meet him -- and to bask in his rage at the Internal Revenue Service.
"How many of you want the federal government out of your paycheck?" asks Boortz from the hotel's ballroom stage. Wooo-hooo! roars the crowd. Boortz's wife Donna, standing at the back of the room, looks on in amazement.
"This is for taxes," she says. "This is not sex and violence we're talking about."
No kidding. Everybody likes a tax cut, but fundamental tax reform is one of those issues that's generally as boring as it is important. Who wants to waste an evening thinking about marginal rates? But the plan Boortz is selling is disarmingly simple: Just eliminate most federal taxes -- income tax, Social Security tax, corporate tax, what's left of the estate tax -- and replace them with a big, fat national sales tax.
(Excerpt) Read more at money.cnn.com ...
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!
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.
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.
Check out #223!
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.
Shillary is that you. What a windbag. Involking anti-Captialism and then Marxist rhetoric in the same post. What hypocritic non-sense.
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.
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!
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.
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.
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.
Obviously, you have no arguement except stupid personal attacks.
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.
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.
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.
And there have been posts by pigdog removed on this thread, as well as taxman's post on 232.
taxman post #228....
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