Posted on 09/03/2006 5:18:40 AM PDT by Man50D
Abolish the federal income tax!
No more taxes on savings and investments!
A "Fair Tax" can completely fund the federal government, Social Security and Medicare!
You control how much you spend!
So what are we waiting for?
You, the taxpayers of America burdened with an income tax that is costly, wasteful and sinking America into inevitable bankruptcy. All current forms of federal taxation would end! You would keep 100 percent of your paycheck. You control how you spend your paycheck. It's your money. You make the decisions as to how you want to spend your money.
The Fair Tax would create more jobs and give the USA a level playing field when selling overseas. United States Senator John Linder (R-Georgia) is sponsoring the "Fair Tax Act of 2005." If enacted by Congress, it would accomplish all of the above. Simple. Easy. And affordable.
It's the best way to downsize government without disrupting the economy.
To join the "Fair Tax" movement in America, just sign the "Economic Freedom & Fairness" Petition supporting forward-thinking solutions. Go to www.grassfire.net and liberate the working class of taxpayers. Grassfire is trying to give the working class the same kind of freedom America's founders gave to those who joined the American Revolution in 1776 with the "Declaration of Independence." We won the Revolutionary War, but have lost our country since the 16th Amendment (income tax) became "Law" in 1913.
(Excerpt) Read more at bayshorenews.com ...
Most are onto your out-of-context tricks, Looey.
Here are a few quickies.
Pigdog post 52: First of all - the embedded tax costs are not "so-called", but real and yes, they will fall when income tax is eliminated. I have never said this would be 23%, but IMO it would be somewhere in the range of 15-25% or possibly more depending on how the economy bumps upward.
Pigdog post 29: The price levels of things will decrease, not increase. This has been shown by a number of studies and they typically predict the price-level drop will be from 20 to 40 percent of current prices. Even at the lower end of that range, this means that prices overall (including the 23% tax-inclusive amount) will remain about where they are now.
pigdog post 38: In addition the thing now selling for $100 will drop in price prior to the addition of the FairTax so it will not be "plus the sales tax" as you erroneously state. It will probably end up at roughly the same price as at present
Today you are down to 9%. Before you were 15-25%....and 20-40%.....and 'end up at roughly the same price as at present' would be about 23%.
"And, if you decide that you don't want to pay taxes, don't buy anything." Actually, don't buy anything new.
This is the key and the real reason for the opposition of the Fair Tax. Under the Fair Tax you can actually exercise your FREEDOM. This concept is just unthinkable by the left or the right.
You're ignoring the effects of competition and the marketplace which will certainly force foreign suppliers to lower prices, too.
And I still believe that almost all wage earners will get their entire Federal non-withholding paycheck. And there's nothing for me to "come around" to since I haven't changed what I've been saying.
Now, honestly, who do you think is closer to the truth?
That's called convenient memory shortfall.
No doubt you need a mommie, but I'm not she. Drop the mommie stuff right now.
So everyone will suddenly get a 20% "raise" and that will have no upward pressure on retail prices.
Of course not. Because you say so.
Today must be back day!
This is the key and the real reason for the opposition of the Fair Tax. Under the Fair Tax you can actually exercise your FREEDOM.
Perhaps that's why the retailers are opposed to the FairTax. Through no fault of their own, they would be the victims of a taxpayer revolt. Is that fair?
I bet one of your businesses is Amway and the others were purchased at one of those free, get rich quick, seminars.
In the first quote you say:
"... I have never said this would be 23%, but IMO it would be somewhere in the range of 15-25% or possibly more depending on how the economy bumps upward ..."
That was about a year ago and is still correct.
"... The price levels of things will decrease, not increase. This has been shown by a number of studies and they typically predict the price-level drop will be from 20 to 40 percent of current prices ..."
This was your little "bombshell", presumably, from 6 years ago in 2000 and what's not to like?. And that also is still correct since studies are still predicting those things. I'm not a "study" you see but I certainly agree that prices will drop with the elimination of the income tax.
"... In addition the thing now selling for $100 will drop in price prior to the addition of the FairTax so it will not be "plus the sales tax" as you erroneously state. It will probably end up at roughly the same price as at present ..."
Well at least this is more recent than 2000 but I note you do some of the selective Looey like OOC (out of context) work when you should have also included the remainder of the sentence that followed "... same price as present ..." which read:
"... if you ignore the fact that to buy the $100 thing right now you have to earn much more than that to HAVe THE $100 to make the purchase ... "
... and that's an important little point that you edit out since it goes to the heart of the FairTax matter. So roughly the same price would mean you'd be ignoring having to earn more - and not that it's the same.
Sorry Rongie but you blew it!! All the way from 6 years ago, too. I'm not going to participate further in this continual nonsense with you. You're welcome to go back to 1887 AFAIC.
Honestly??? Me, since I think competitive pressure from the marketplace is stonger tha plain old greed.
OK - how about Ma? It's shorter anyway.
How about I call you pig - its shorter?
I also think there'll be much much more saving and investing which right now is nearly zero and that will help boost our economy, too.
Nope, just another normal day of taking potshots and harassment from naysayers.
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