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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

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 ...


TOPICS:
KEYWORDS: bogus; boortz; conartists; confusion; dupe; fairtax; flattax; flimflam; hr25; liar; linder; nrst; retraction; scam; scientology; somethingfornothing; swindle; taxes; taxfraud; taxreform
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To: Always Right; Taxman

One more thing... You think Always Right might reconsider his position given the fact that he is on the same side as Ted Kennedy, John Kerry, Hillary Clinton, Nancy Pelosi, Jessie Jackson, and Al Sharpton to preserve the current Marxist Progressive tax code. One would think this should be a RED FLAG to anyone that considers theirself a conservative.


241 posted on 09/14/2005 7:18:34 AM PDT by Sprite518
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To: Always Right; Taxman
You are the one that is accusing Taxman of personal attacks. However, you are doing it yourself. You are like the Pot calling the Kettle black. Please spare me with all your rhetoric.
242 posted on 09/14/2005 7:21:20 AM PDT by Sprite518
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Comment #243 Removed by Moderator

To: Sprite518
You are like the Pot calling the Kettle black.

Certainly, but my posts had substance to them. Taxman posts are 100% personal attack BS with nothing to back it up. When I call someone I a lying SOB, I present the facts to back it up. Taxman calls me a liar and has no clue who I am and no basis for the attack.

244 posted on 09/14/2005 7:24:44 AM PDT by Always Right
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To: Always Right
Your Arguments is all made up facts. Its not even valid. If you want to debate, then be honest with fellow FReepers. How can we have a debate when we cannot even agree on the facts.

When I hear your B.S. I draw two possibilities. One you are clueless, or two you are being dishonest. Pick your poison neither are flattering. This is why I do not even waste my time debating you. However, I will call you out when your not being factually correct.

BTW, I guess being on the Side of Socialist and Communist does not phase you one bit??
245 posted on 09/14/2005 7:25:41 AM PDT by Sprite518
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To: Sprite518
One more thing... You think Always Right might reconsider his position given the fact that he is on the same side as Ted Kennedy, John Kerry, Hillary Clinton, Nancy Pelosi, Jessie Jackson, and Al Sharpton to preserve the current Marxist Progressive tax code.

Right. Anyone who does not drink your snake-oil koolaid drinking non-sense is Hillary. Sell your program on Honest analysis and stop lying about what the research says. You plan is to replace a progressive tax code with a progressive tax code with built in rebates which can grow with the whim of Congress. The fairtax will become every bit of a monster that the current system is in a matter of a few years. It is a major disruption of the economy for nothing. The real problem is spending. That is the beast that needs to be tamed.

246 posted on 09/14/2005 7:30:41 AM PDT by Always Right
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To: Nuc1
I think so provided the sixteenth amendment goes also.

Any legislation creating the FairTax (or anything along those lines) must include a provision that it will not have effect until that repeal, or else the politicians will stick us with both taxes, as sure as the sun rises in the east.

247 posted on 09/14/2005 7:32:22 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: Sprite518
However, I will call you out when your not being factually correct.

Oh please do so. You have called me a liar a dozen times and have yet to point out one example.

248 posted on 09/14/2005 7:34:35 AM PDT by Always Right
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To: Taxman

Indeed, I did ... and a good post it is. Doubt you'll ever hear from the Squirrels on the subject of an alternate tax plan - that's not what they're about at all as you seem to realize.

Their only raison d'etre is to attack the FairTax and its supporters since they're deathly afraid it will become the tax law of the land.

Notice how one of the posters even displays his lack of understanding of #195 by not realizing what embedded, cascading taxes are and the mechanism that thereby boosts prices. Talk about ignorance!!!


249 posted on 09/14/2005 7:36:42 AM PDT by pigdog
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To: Always Right
What are you saying the Slugs I listed are for a change in the tax code? Yeah right.....

The fair tax is very simple. Unlike the current 66,000 page IRS tax code that you love and no one understands. The only Kool-Aid being drunk here is by you that is afraid of reform. I wonder what your position is on FDR Great Society programs. For instance, what is your position on Social Security? Are you SCARED to reform that too?

The Fair Tax is not progressive. There is one tax rate. Unlike the current tax code you LOVE so much. So there you go again BS FReepers in order to shut it out. I guess the ends justify the means in your world.


You know you are endorsing a Karl Marx style tax code? You do understand that???? I wonder how you consider your self a Conservative, but you are for keeping the current tax code in place. You must LOVE Capital Gains tax, income, death tax, fuel tax, etc......

I guess you cannot free a Slave that loves his chains.
250 posted on 09/14/2005 7:40:36 AM PDT by Sprite518
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To: Always Right

Anyone that has read the book knows your fool of it. So I am going to call you out on it...


Why do you like the Marxist Progressive tax code so much? how are you benefiting?


251 posted on 09/14/2005 7:42:31 AM PDT by Sprite518
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Comment #252 Removed by Moderator

To: Sprite518
The Fair Tax is not progressive.

You ought to read the FAQ's on the fairytax website:

Is the FairTax progressive? Do the rich pay more and the poor pay less as a percentage of their spending?

Absolutely

253 posted on 09/14/2005 7:48:26 AM PDT by Always Right
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To: Sprite518
You must LOVE Capital Gains tax, income, death tax, fuel tax, etc......

No, but if the alternative is a 30% tax on purchases of goods and services, I say no thanks. The problem is way too much spending. You attack a symptom and do nothing about the problem.

254 posted on 09/14/2005 7:51:09 AM PDT by Always Right
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Comment #255 Removed by Moderator

To: Sprite518; Always Right

Knock it off!


256 posted on 09/14/2005 7:54:39 AM PDT by Lead Moderator
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To: Always Right
Do you sense desperation?

Isn't it amazing how many facts they have for a nonexistent, never tried national sales tax plan?

BTW, if you were rallying for a new tax would "Taxman" be your first choice of names?...Shows you how bright that bulb is.

257 posted on 09/14/2005 8:01:38 AM 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: Always Right
First off 23% is the Fair Tax and not 30%. That is lie number 1!

What you are doing is blending the Fair Tax and the AVERAGE state sales tax. Well then if you are going to look at it that way, then lets be fair and include that in our current tax code.

Anyone who is taxed at least 25% (Fed, State, FICA) on their pay check (most of us are unless you are making minimum wage) then you add the 7% sales tax well. That means you are currently paying 33%. That is higher than under the fair tax.

Keep in mind I did not even factor in the Embedded taxes, or all the rest of the other taxes you love in today's Marxist progressive tax code that you defend.

What you are doing is factoring in an average of the State Sales tax.


However, if you are going to include State taxes, then lets look at our current tax code!

In current income tax code system if you are taxed at least 25% then after you factor in Sales tax (like you Marxist love to do) th
258 posted on 09/14/2005 8:06:02 AM PDT by Sprite518
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To: Sprite518
First off 23% is the Fair Tax and not 30%. That is lie number 1!

No, it is 23% inclusive, 30% exclusive. So it is not me who is lying.

259 posted on 09/14/2005 8:10:07 AM PDT by Always Right
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To: Sprite518
Anyone who is taxed at least 25% (Fed, State, FICA) on their pay check (most of us are unless you are making minimum wage) then you add the 7% sales tax well. That means you are currently paying 33%. That is higher than under the fair tax.
First, 25% + 7% = 32%. Second, one is an inclusive rate and the other is an exclusive rate. You can't just add them together.
260 posted on 09/14/2005 8:14:13 AM PDT by Your Nightmare
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