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To: elkfersupper
And the cost of state and local governments go up about 20% under this cockamamie scheme (they pay the 30% FairTax, or higher, too), so they will be raising their sales, property and income taxes too.

Just a bad idea all around. We need to fix what we already have.

From my home page:

OK, FairTax opponent, if you're so smart, what do you think we should do to fix the problem?

I want to see elimination of corporate taxes, elimination of death taxes, additional reductions in the marginal income tax rates until we find that we are the Laffer optimal point.

In addition I want to see Social Security privatized, and I am willing to pay extra money to pay for those who were promised this benefit, and never receive a penny of it myself. I also want to see Medicare reformed from top-to-bottom. I also want to see Tort Reform to reduce the exorbitant costs of insurance on our medical costs. And we need to reduce the scope of the Federal Government to its constitutionally mandated responsibilities and get rid of the rest. The Golden Goose that is America is way too fat and needs to be put on a severe diet.

These are what we need to do, incremental improvements in what we already have. This is already working and we should keep at it...even Boortz seems to think so. Boortz (9/20): "...the economy continues to go like gangbusters. We are right in the middle of an historic economic boom. Don't let the mainstream media or the Democrats tell you otherwise...we've never had it so good...


663 posted on 10/23/2006 8:18:23 PM PDT by RobFromGa (Monthly donors rock!)
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To: RobFromGa
Actually RobFromGA, your pal Boortz is no better an economist than you so quoting him makes your judgment questionable indeed.

Obviously you haven't read the conclusions of the paper which clearly show that here is no increased burden for state/local government and that not only their taxable purchases but the 23% tax the must pay on their non-educational gross wages are considered in forming the 23% revenue neutral figure.

No one gives a rat's rear end as to what YOU "want to see" because reforming the tax system is not all about you (as you seem to suppose). Instead it's about helping out most American taxpayers and the economy as a whole.

So as the paper clearly shows, there's no massive increase to 90% or more in taxes (as some opponents have claimed) ... it's a revenue neutral 23% (period). And even that may be lower with a decent dynamic analysis of he economy.

706 posted on 10/24/2006 8:12:16 AM PDT by pigdog
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