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 ...
Wrong on all counts. You've used up all three of your guesses,
That's up to you, sis.
That's right. A voluntary tax, just like the lottery.
The thing is, most people will actually buy more goods and pay more taxes once the FairTax is implemented because once the price of goods settles out, as per the book, people will have more disposable income because the gubmint ain't snatching 20-50 percent and it will be a boost to the economy as well as tax receipts.
BTW, I write my congress critter, RINO Graham, periodically and the last time I wrote was about the FairTax. I got a letter back from him yesterday saying that he supports a '8.5%' sales tax. Have you heard of this?
That almost sounds like a state sales tax rate. You might double check with him on what he really meant.
Also, with the FairTax, the effective tax rate actually paid will be substantially lower than the income tax rate that most taxpayers pay. In fact most taxpayers will have a much greater comparative purchasing power than under the income tax. Most will have an effective FairTax rate of 8% or less for a middle quintile taxpayer.
"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?"
T.S. My FREEDOM isn't for sale!
Oh - scare tactics now huh??? Figures since you've nothing else to contribute of meaning.
And it has a lousy history is some quarters also - such as what our income tax has evolved into. Why should anyone hink any "new" flat tax would fare any better???
Not the way it's calculated Mojoron. There's a single step formula to calculate eiher ti or te directly. But what's a little fib, eh??
Which 6 states scamel???
| One day, income tax system has got to go |
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| Posted by pigdog to FITZ On News/Activism 02/04/2002 10:27:36 AM EST · 136 of 217 Take the family of 6 mentioned just above and figure out the fact that not only will prices of the things they buy be reduced by from 20 to 40 percent, but they will no longer pay the 15.3% in payroll tax on their $25,000 PLUS they will receive a substantial "prebate" based solely upon family size. |
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Nope, just another normal day of taking potshots and harassment from naysayers.Pigdog, you have a serious case of projection.
The poster didn't say an EXACT duplicate though there's certainly a good chance it will become one if the decide to conform to the FairTax law when it passes.
pigdog: "But of course you also know that prices will decrease with the advent of the FairTax and only the tax will increase them back in an upward direction (most likely to about where they now are or perhaps a bit more or perhaps a bit less)." pigdog, May 11, 2006
pigdog: "Guess you can't read if you try to spin what I said to mean that prices would increase. I haven't said that at all - and you know it. But of course you also know that prices will decrease with the advent of the FairTax and only the tax will increase them back in an upward direction (most likely to about where they now are or perhaps a bit more or perhaps a bit less). "pigdog May 11, 2006
pigdog:" And you also need to understand that US goods will have the costs of the income tax removed from their prices making them more attractive overseas."pigdog April 22, 2006
pigdog:"You'll also get all your wages under the FairTax (not counting other than present income/payroll tax withholdings) AND prices will decline. the only real question is the amount of the decrease. Some think 20%, some think more, some think less - but they will decline and by enough to notice. "pigdog April 22, 2006
pigdog:"I've said several times in past threads that I don't know what the price reduction number might be but that I would find a number in the range of 10%, 15%, 20% or perhaps more believable. Trying to pretend it's around 7.5% is not something I'd believe (are you sure that's not 7.336789%????). In #323 I also mentioned that I believed ongoing studies would eventually show more explicitly what the likely number would be." "pigdog March 6, 2006
pigdog: "And prices pre-tax will drop under the FairTax ending up about where they are now or perhaps a bit less."pigdog Feb 21, 2006
pigdog: "There's neve been any convincing Squirrel evidence to show that prices will rise due to the FairTax. Plenty of Squirrel chatter and BS, but no real evidence. In fact, we'll probably see prices drop somewhat I'd think."pigdog Feb 15, 2006
pigdog: "There has never been a rational analysis that I'm aware of showing anything as low as 5% of taxes embedded in prices. Nor are your claims to the contrary sufficient to sway anyone. If you'd agree to, say, a more reasonable 15% in embedded taxes then I'll play your silly little biased geme with you. Even then, that may be low but claiming only 5% is beyond the pale. "pigdog January 30, 2006
pigdog: "Studies show that the prices - including the FairTax - will remain about the same including the FairTax or perhaps drop a bit - but let's say they remain the same "pigdog January 15, 2006
pigdog: "I certainly believe that workers will receive their full gross wages AND that prices will fall. Garner, et al never allude to this as even a possibility but it is the most likely outcome of all. Whether the amount of price decline is 15, 20, or 25 (or more) I don't know. But I certainly think this will be the most likely outcome."pigdog Dec 8, 2005
pigdog: "The only question is how much will they decline (and then be boosted back up by the FairTax)? I believe the figure will fall somewhere in the 15, 20, or 25% price reduction range (perhaps more, but I'll stick with this range) but there will have to be further economic studies to know for sure."pigdog Dec 5, 2005
pigdog: " It is also paid by your customers so for the same price (including the sales tax) your gross would decline ... except for the fact that the inputs to your business - the raw materials, financing, etc. you make use of will be dropping in price. Whether you believe this or not it happens to be true and the amount will be something like 20-25% which WOULD go to boost your bottom line. "pigdog Aug 19, 2005
A four year old post??? Sounds like the start of serious spewage. And what is the point you're trying to make? Or is there one???
why would anyone think it would not be?
States with flat tax systems are Connecticut, Illinois,
Indiana, Massachusetts, Michigan, and Pennsylvania.
For all the reasons in #707 as well as the reasons given in the links contained in #707.
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