Posted on 04/09/2006 7:42:37 AM PDT by Eaglewatcher
Consume wisely! -- Save and invest what you can.Mind your own business, I'll do what I want with my money, thank you.
After I save and invest what do I do with it?...Look at it, count it or... consume!...
(paraphrasing your own words) What do YOU want to tax to make less of/destroy... "consumption"
If the FairTax is such a great idea, why do its proponents have to misrepresent it in order to try to gain supporters?
And why do they have to demonize those who honestly disagree with their plan, and make incorrect statements alleging that these opponents are acting for some terrible secret reason?
Personally having just sent in my final gigantic payment to the IRS for my 2005 taxes, I would pay less under the FairTax at the outset. But I happen to believe that the plan would do serious damage to our economy and likely cause the end of whatever political party is stupid enough to make such as rash modification.
This FairTax pipe dream has zero chance of passing.
It's only exaggeration to those like you, blind to the economic reality of taxing income..
Mind your own business, I'll do what I want with my money, thank you.
Gladly; -- an income tax minds your business, while a fairtax would let you do what you want with ALL of your money..
After I save and invest what do I do with it?...Look at it, count it or... consume!... (paraphrasing your own words) What do YOU want to tax to make less of/destroy... "consumption"
Tax consumption as little as possible, but fairly. -- No exceptions.
Could it be that they all have some sort of vested interest in business as usual, and don't care if this Republic is on the road to serfdom?
Rob:
-- If the FairTax is such a great idea, why do its proponents have to misrepresent it in order to try to gain supporters?
You ~imagine~ it's being 'misrepresented', because you have an interest in doing so.
And why do they have to demonize those who honestly disagree with their plan, and make incorrect statements alleging that these opponents are acting for some terrible secret reason?
Get real, no one is "demonizing" you. I'm sure you have a perfectly normal reason for your opposition, -- Probably like making a living.
Personally having just sent in my final gigantic payment to the IRS for my 2005 taxes, I would pay less under the FairTax at the outset. But I happen to believe that the plan would do serious damage to our economy
[unsupported 'belief']
and likely cause the end of whatever political party is stupid enough to make such as rash modification.
Irrational. If it passed, the party responsible would be the hero's.
This FairTax pipe dream has zero chance of passing.
So said the beer barons, just before 1919.
Wake up and quit smelling your own farts, tpaine. The rest of the world is going FLAT TAX and it is working, so why risk the entire US economy on an idea that hasn't even undergone peer review by economists?
It's only exaggeration to those like you, blind to the economic reality of taxing income..Sorta makes you wonder how we got to be what we are....Oh that's right in your words we're a toilet.
It's not the income tax that put you in an economic toilet it's your wages and benefits.
Personally having just sent in my final gigantic payment to the IRS for my 2005 taxes, I would pay less under the FairTax at the outset.Interesting, since the Fairtax is revenue neutral and more money would be paid out in negative taxes either the Fairtax rate isn't adequate for revenue neutrality or someone else will be paying more.
A comment worthy of a Fairtax supporter: fallacious premise, fallacious interpretation, fallacious conclusion, in short, another pack of lies.
I (we) have explained numerous time why we dislike the FairTax:
- It is marketed using a misrepresentations and outright lies.For these reasons (and more) I do not support the FairTax. If you're going to attempt to represent my position, do it accurately or do not do it at all.- It's supporters immediately descend to name-calling and character assassination with anyone who dares point out the flaws of the FairTax.
- It will likely sink the economy into a deep recession before any of the anticipated economic benefits can begin to take hold.
- It will penalize fixed income consumers as prices rise but their incomes do not.
- As advertised, it will raise insufficient revenue to replace the current tax system necessitating a substantial rate increase, or substantial deficit spending (anyone who thinks spending will be cut the first few years is delusional.)
- It will necessitate substantial increases in State and Local taxes so they can pay their share of FairTax revenue.
- It will flow substantially more money through the hands of the Federal Government than today's system increasing waste, lowering the velocity of money, and creating a massive magnet for political favoritism (the prebate)
- It relies on decade old simulations that do not properly model the economy and didn't accurately predict the behavior of the economy over the decade since publication.
A comment worthy of a Fairtax supporter: fallacious premise, fallacious interpretation, fallacious conclusion, in short, another pack of lies.
Sheer hype. -- You prove it by not explaining why you like our income tax system; -- instead you attack the FairTax.
I (we) have explained numerous time why we dislike the FairTax: - It is marketed using a misrepresentations and outright lies. - It's supporters immediately descend to name-calling and character assassination with anyone who dares point out the flaws of the FairTax. - It will likely sink the economy into a deep recession before any of the anticipated economic benefits can begin to take hold. - It will penalize fixed income consumers as prices rise but their incomes do not. - As advertised, it will raise insufficient revenue to replace the current tax system necessitating a substantial rate increase, or substantial deficit spending (anyone who thinks spending will be cut the first few years is delusional.) - It will necessitate substantial increases in State and Local taxes so they can pay their share of FairTax revenue. - It will flow substantially more money through the hands of the Federal Government than today's system increasing waste, lowering the velocity of money, and creating a massive magnet for political favoritism (the prebate) - It relies on decade old simulations that do not properly model the economy and didn't accurately predict the behavior of the economy over the decade since publication.
For these reasons (and more) I do not support the FairTax. If you're going to attempt to represent my position, do it accurately or do not do it at all.
I made a comment about you income tax devotees, and so far none of you has even addressed that issue.
Put down the crack pipe, tpaine. Most of us are *FOR* the Flat Tax - a simple idea that has the merit of working everywhere it's been tried.
You must have a 'crack pipe' up yours.
Where has it been tried?
Are you sh*tting me? Are you really that uninformed?
-- Make your point, if you have one.
I think I just did.
Dream on.. The only 'point' you've made proves up my initial comment.
Your ignorance of the issue speaks for itself.
My comments stands, unrefuted:
--- None of the above 'pro income tax' people can explain ~why~ they want our present insane system to continue.
Could it be that they all have some sort of vested interest in business as usual, and don't care if this Republic is on the road to serfdom?
--Bet on it.
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