Save America with the ‘Fair Tax Act’

The Courier ^ | August 31,2006 | Gordon Bishop

[robertpaulsen]

"Why have you not done as I requested and make use of the FairTax effective tax rate calculator

What's the point?

I mean, sure, I can figure my effective tax rate today. And I can even use your phony table to figure my effective rate under the Fair Tax. So?

What's the price of the bat under the Fair Tax? You don't know. I don't know. Nobody knows.

It is manufactured locally or is it an import? Has the manufacturer reduced his price to the wholesaler? By how much? Has the wholesaler passed that savings (if any) on to the retailer? How much? Has the retailer passed on that savings (if any) to me?

What good is it to know that my effective rate went down 20% if the price I pay for the bat rose 30%?

You're piling assumption upon assumption then concluding mathematically to the thousandths of a percent that I, robertpaulsen, am going to save a gazillion dollars and so is everyone else in America. I DON'T BUY THAT.

[pigdog]

"So if I go to the store today, buy an item for $100, the store adds $6 sales tax, and I pay them $106., I'm not actually paying that tax? You're saying the store is paying that tax when they forward my $6 to the state?"

And this is the consumer's money, too - and the company forwards the consumer's money for the 6% sales tax. It's still the consumer's tax since the tax rate is levied on him and not on the company ... just as with your bogus lawyer.

Now, stop fiddle-footing around and answer my question in #1136 and #917 (if you dare).

[robertpaulsen]

"Your attempt at derision fails also since he lawyer in your bogus example is paying his own taxes"

Where did he get the money to pay those taxes? Didn't that money come from the drug dealer?

[pigdog]

And YOU'RE reduced to equivocation and game-playing in ducking what would most likely be an embarrassing (for you) disclosure that the FairTax would bring down your effective tax rate greatly (regardless of whether or not the hidden taxes were removed, even - but you obviously can't handle that.

And there's nothing "phony" about the FairTax effective tax rate calculator at all since it uses all of the figures from your own situation; take your last year's income tax data and run it through. Since your income would be the same there is no price reduction assumption made - it's as though everything is priced just as it were last year.

Not willing to do that, eh??? RIIGGHHHHT!!! Good bye.

[robertpaulsen]

"Why be so obtuse??? The answer WAS clearly stated in #1136 as the 9% described there."

Terrific! I believe we're actually starting to make some progress.

Now, before we go on, if 9% is what you call the hidden tax cost or hidden taxes, what was that 3.75% number you were throwing around? Didn't you call THAT number the hidden tax?

[robertpaulsen]

"It's still the consumer's tax since the tax rate is levied on him and not on the company"

My only concern is the amount of tax that is embedded in the price I pay for item I buy today under the current tax system. I don't care if it's the consumer's tax, the retailer's tax or the manufacturer's tax. It's embedded in the price I pay today.

Now, you've admitted that it averages at least 9%, but that 9% does not include the employee portion of FICA nor the federal income tax withholding that is embedded in the price. Would you agree that those two amounts add approximately another 13%, bringing the total, TODAY, to roughly 22%?