Posted on 11/07/2005 10:55:20 AM PST by Eaglewatcher
Why is the FairTax better than our current system? Our present tax system is one of the reasons that people are finding it so difficult to get ahead these days. It is one of the reasons the next generation may not have a standard of living as high as this generation. Cars replaced the horse and buggy, the telephone replaced the telegraph, and the FairTax replaces the income tax. The income tax is holding us back and making it more difficult than it needs to be to improve our families’ standard of living. It makes it needlessly difficult for our businesses to compete in international markets. It wastes vast resources on complying with needless paperwork. We can do better and we must.
You'll have to excuse Willie Green. Apparently, there's a Scientologist hiding in his closet and that seems to be distracting him.
By all means. And don't forget that your state, district will be under-represented in Congress.
Why that must be just awful! The poor dear. I wonder if there's anything we can do to help him...
Of all the arguments against the Fair Tax this one takes the fruit cake.
You don't have to report your family size or members. It's NOT required, under the Fairtax plan. You just wouldn't get the prebate.
That seems to be a favorite tactic for the detractors: latch onto a lie and repeat it ad nauseum, no matter how many times it's misproven.
While this may be the most crazy and irrelevant such fanstasy posed to date, it's at least harmless in that there's a roughly zero chance anyone will take it seriously. It's also quite amusing, in a tin-foil hat sort of way. (Kind of like reading PJ-Comix's DUmmie FUnnies.)
I VOLUNTEER for the FairTax Organization. I have never been an employee, nor will I ever accept a dime for the time spent promoting the FairTax.
Whether you have anything to do with the FairTax organization or not has NOTHING to do with how valid or invalid your arguments are; I thought it was only DemocRATS who made such irrational charges. Also see: The "Who funded it?" (or the "Who paid you?") FALLACY
I thought it was only DemocRATS who made such irrational charges.
Anyone who doesn't have a clue or argument turn to that kind of fallacy because they have nothing substantive to offer. It is a standard nay-saying tactic.
Note there never is an alternative offered as a better plan or path to take, merely innuendo and attack with no focus on actually correcting the issue at large.
Bottomline such folk look only to preserve the status quo for whatever personal or political advantage they perceive in maintaining the current scheme.
"fraudulent 'reform' legislation that is intended to sidetrack and derail legitimate tax reform proposals such as the Flat Tax."
Legitimate tax proposals such as the flat tax? Since when have you become a flat taxer? What happened to your proposal to substitute import duties for corporate income taxes? Have you finally given up on that? If so, does that mean that you no longer consider it a "legitimate tax proposal"?
"If the dollar loses value anymore, the possibility of the Euro becoming the dominant currency will move further out of the realms of pure fantasy and into the realms of all likelyhood. And the economic ramifications of that are just to wild to comprehend."
Actually, the dollar needs to lose value gradually so as to avoid a major economic crisis brought on by a sudden decline. However, your point is well taken. Actually, the main thing that has held the dollar up is the lack of alternatives.
We are at risk as long as our savings rate is virtually zero and we are heavily dependent on foreigners to finance our trade deficits and our federal budget deficits. The FairTax would help in a number of respects, the most important of which is that it would make a major dent in our trade deficit.
Go read the bill, Willie. It's defined there.
For personal income taxes?
I guess since whenever I first heard about it.
That was so long ago that I can't really remember when it was.
But a flat rate that applies to everybody has always seemed more fair than any "progressive" or "regressive" rates that various partisan special interests try to finagle.
What happened to your proposal to substitute import duties for corporate income taxes? Have you finally given up on that?
No, I still support a revenue tariff as well.
It is ALSO a flat rate system as well, with no exceptions favoring or disfavoring any particular industry or nation.
I also still advocate reducing government spending and balancing the budget.
It's a multi-pronged agenda that's fiscally responsible.
I'm not gullible enough to fall for that foolish, oversimplifed snake-oil panacea that you're shilling.
"When the 'fair taxers' show how to reduce the cost of government they will be worth listening to."
By making the cost of government visible to every US consumer at the checkout counter, the downward rate pressure will be considerable.
Score!! Game. Set. Match.
"All sales taxes are inherently regressive..."
which is why the rebate feature was included to make the proposal progressive when measured against consumption.
"No, I still support a revenue tariff as well.
It is ALSO a flat rate system as well, with no exceptions favoring or disfavoring any particular industry or nation."
I am betting the WTO and our trading partners wouldn't look at it so benevolently. Never mind that you could never raise the rate high eneough to replace corporate income taxes without imports drying up - which would mean ZERO in revenues. IOW, there is no revenue neutral way to do what you are proposing.
Did you say something about "snake-oil"?
"I also still advocate reducing government spending and balancing the budget."
Don't we all. You simply think the best way to get there is with an income tax system which hides the true cost of government from the masses.
A 20% flat rate would do it...
And that's significantly lower than what we levied throughout most of our nation's history, so imports wouldn't "dry up" as you claim.
The "true cost of government" isn't hidden from anybody, stooge.
We can see where they're spending it by analyzing the budget.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.