Posted on 02/04/2008 12:44:23 PM PST by Jefferson Paine
What the heck is the FairTax plan?
In light of all the recent Congressional support for a phony fiscal “stimulus” plan to ostensibly rescue the American economy from falling into the proverbial abyss, let’s take an honest look at an incredible, infinitely better plan - one that we hear a lot about these days. Were it to be implemented, economists project it would spark an unprecedented period of economic expansion in the United States, not to mention worldwide.
It has been gaining a huge grass-roots base in recent years and is steadily gaining support in Congress, but it is also garnering new levels of distortion and outright lies by its detractors who have a vested interest in keeping the Internal Revenue Code monstrosity just as it is, with its plethora of loopholes, of special favoritisms and punishments, incredibly wasteful complexity, and its merry band of enforcers - Big Bubba’s army of IRS agents. Rest assured, when you hear the FairTax plan demagogued and maligned with scary propaganda, these people either want to desperately hang on to their entrenched power at all costs, or they have never actually learned the FairTax’s specifics in their entirety, and thus, simply repeat someone else’s lies and distortions.
(Excerpt) Read more at gto7.wordpress.com ...
You are right. Is there a newer one that we should move to?
Maybe you should add me to your ping list.
I rest my case.
This hardly qualifies as learned discussion re: the Jefferson Paine post.
Yet another learned, on-topic post.
Forget the brain cell and the temperature.
Just try being honest.
Honest... yeah right... from the people who can’t tell the difference between 23% and 29.87% or even 30%
Until you posted these comments, I was not aware of your position. I can’t recall your participation in these tax threads, FRankly. All that means is that I have not engaged in a conversation with you in recent months.
HST, I’m delighted that you have chosen to respond.
1. I agree that the Fed spends more than it “takes in” and I agree that the FairTax does nothing to control spending. H.R. 25 and S. 1025 are tax bills, not spending bills.
The fact that the Balanced Budget Amendment to the US Constitution was never passed is a great source of concern to me. The fact that our Congress and President are profligate with the future economic security of the US is of great concern to me, also.
However, it is the duty of the American people to elect honorable men and women to serve their interests — and when they don’t, it is the duty of the American people to seek redress at the ballot box! IOW, THROW THE RASCALS OUT!
2. Audits of individual citizens will be a thing of the past with the FairTax. Audits of businesses will continue, as well they should. I have no comment re: bill numbers.
3. A spade is a spade, my FRiend. I just call them the way I see them!
4. “The majority of Americans will hate the FT if it is ever past (sic).” As exactly what data set (facts only, please!) do you base that comment on?
5. The intent of the legislation is to defund and eventually eliminate the IRS. In its place would be an agency to monitor and audit the 50 states (and the several US protectorates) collection of the FairTax. Ordinary citizens who do not own retail businesses would never have to deal with an IRS agent again. Unless, of course, they conspire with a business to deFRaud the government of legitimate taxes, in which case, the full force and effect of the goverment should be brought to bear!
6. You be careful, now, you hear? Lots of people have gone to prison when they . . . “through careful research and patience . . . reduced” their “. . . Federal Income tax burden to ZERO.”
7. I am a retired Naval Aviator. I have no vested or financial interest in the FairTax. I have been involved in the National Retail Sales Tax movement since April 17, 1991, and my only motivation for doing so is to bequeath a nation FRee of the income tax and the IRS to my children, grandchildren and countrymen.
The FairTax is about FReedom, my FRiend. And it is about beginning the long and difficult task of taking the country back FRom LIEberal/Socialist/Marxist Bastards who would turn the USA into just another third world bannana republic.
Capice?
Thanks, Bigun! Time to roll up our sleeves and get to work!
The problem with the flat tax is that it is income based.
Florida does not have a state income tax. It has a sales tax only.
The state government seems to have plenty of money to spend and people aren't leaving the state in droves to move to a state with an income tax.
And just like puppies, the hardest part is teaching them not to crap on the carpet -- and some of them are too dumb to ever learn.
All of my income tax savings are legit and based upon IRS code. I can guarantee you that I know more about IRS code than do most accountants or even many IRS employees - still I pay a very good guy to watch stuff. He is an ex-IRS employees who was in enforcement for 10 years.
Here let me give you my latest way to beat FT and I haven't even really gotten into it. Multilevel marketing. I could avoid the FT at all levels in that organization.
If and when the FT (not likely) is passed I will hold seminars telling people how to beat it. I think $2,000 for a two day session
THAT has always been the problem -- and it should be the solution. Every election for Senators and Congressmen the lazy majority of voters just punch in the name of the incumbent -- sending about 95-98 percent of the rascals - good and bad - beck to Washington.
There is not, and never has been, any group of over 535 people that is consistently 95+% efficient -- or honest, for that matter.
And the opportunity to change that is right in front of us every two years -- and, as a people, we blow it almost every time.
The REALLY IMPORTANT elections are not for the presidency (although that is important), they are for the Senate and House -- they control the pocketbook -- and they have the power to overrule any Clintoon-type crook that slimes his/her way into the White House.
If the people would just get off their butts and control Congress, taxes would not be a problem that needs the Fair Tax to cool thing off.
Ain't it just peachy-dandy, knowing such people? Makes one want to throw up.
He is pointing out that the thread is four days old. He forgot to add that his trashy posts are a couple of years old -- they never change, just vomiting the same old vitriol and misinformation (read: lies), over and over again.
He has long since gotten boring and disgustingly amusing.
I can tell the difference. If my INCOME were taxed at 23% instead of 30% I would have an extra ~$15000/yr at my disposal.
But since INCOME taxes are nonnegotiable and involuntary the only way I can reduce how much the government robs from me every year is to either make less money or devise a scheme that excludes me from having to pay, such as you did.
I on the other hand, engineered the largest tax-free family business transfer ever up to that time,----xcamel
How did you do that, Wesley?
Actually, I'm glad that there is not a Balanced Budget Amendment.
If there were, the Dummies could point to the Amendment every time they proposed a tax increase.
I think that one way to help reduce the bloated federal government is a return to the 10th amendment as the Founders envisioned it.
You mean the one which takes money from productive people and redistributes it to people who do nothing?
Or the one which proposes to take money from productive people who have to buy things to be productive and redistribute it?
Or the one which taxes necessities and then gives everyone a check for the taxes the government decides they should have spent on necessities, regardless of what they need instead of just not taxing necessities in the first place, but claims government will shrink?
If you folks would put half as much energy into just making government smaller (eliminating departments with no Constitutional mandate) instead of pre-emptive anti-Anti-'Fair' Tax snarky comments, maybe we would not all owe so much in a couple of months.
Pyramid schemes only work once. Everybody else is just a sucker.
Thinking that a sales tax is going to drastically change retail sales is patently absurd.
There are several states that have a sales tax INSTEAD of an income tax and retail sales in those states works just like it does in states that do not have a state sales tax.
oh yeah.. the famous “world is out to get me” defense... That’s gonna work..
“Be careful what you wish for - you may get it, and all the wishing in the world won’t make it go away...”
Careful... They won’t let you battle emotion with rational thought - that’s “just not fair...”
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