Posted on 10/25/2004 5:44:09 PM PDT by NotchJohnson
To: National and State Desks, Political Reporter
Contact: Tom Wright, 832-567-3396; or Genie Hayes, 1-800-FAIRTAX
HOUSTON, Oct. 25 /U.S. Newswire/ -- FairTax.org today filed a Federal Election Commission complaint regarding illegal push polls misrepresenting support for and features of FairTax, a progressive national retail sales tax (HR 25/S 1493).
"The FairTax is a nonpartisan issue, but breaking election laws is breaking election laws," stated FairTax.org Executive Director Tom Wright. "These illegal push polls appear to be a precursor for equally dishonest TV ads -- already jerked off the air in some markets. These polls and ads distort the issue's features -- or leave out salient features altogether -- associate our legislation with candidates who are not co-sponsors, and imply a presidential endorsement that has not occurred."
"We're delighted that our legislation has become such a threat to the proponents of the current internal revenue and Social Security tax systems," continued Wright. "We'll stand up for honestly detaxing the working poor of American, which the FairTax does and the current systems do not. For ending audits on earned income tax credit filers, which the FairTax does and the current systems do not. For ending our working poor's most regressive enemy, Social Security withholding, which the FairTax does and the current system does not. For reducing effective tax rates on Social Security recipients, which the FairTax does and the current systems do not. For reducing effective tax rates on the middle class, which the FairTax does and the current systems do not. For successfully taxing the wealthy according to their lifestyle, which the FairTax does and the current systems do not. For successfully taxing the accumulated assets of the wealthy, which the FairTax does and the current systems do not. For replacing narrow, regressive payroll taxes funding our unsound Social Security system with broad, progressive sales taxes, which the FairTax does and the current systems do not. For ending civil liberty intrusions well beyond Patriot Act trifles, which the FairTax does and the current systems do not. All this with a system that extracts the same revenue from the economy as the current systems, ensuring revenue neutrality as well as price stability."
FairTax.org's complaint names the following organizations and individuals: ITC Research; Mitchell Research & Communication, Inc.; Steve Mitchell; SurveyUSA; Fred R. Bierman; USA Public Opinion Group; Nancy Pelosi; and the Democratic Congressional Campaign Committee.
For more information, contact Tom Wright or Genie Hayes at 1- 800-FAIRTAX.
I wish more people knew the particulars og this plan, I for one like the fact that those working outside the law, or under the table would have to pony up their fair share through a sales tax.
If you would like to be added to this ping list let me know.
John Linder in the House & Saxby Chambliss Senate, offer a comprehensive bill to kill all income and payroll taxes outright, and provide a IRS free replacement in the form of a retail sales tax:
H.R.25, S.1493
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.Refer for additional information: http://www.fairtax.org & http://www.salestax.org
It really doesn't. Since drug dealers will not pay sales tax on their sales, they will pocket 30% more money then someone selling something else. Illegal transactions avoid taxation just as they do today.
They`ll pay more in sales tax on that new Lexus with the chrome dubs and the 49,000 watt stereo system though. While we`re not paying tax on our income as well as the same sales tax on our hoopty of choice.
You can't have it both ways. You claim all those taxes today are already embedded into the car, so they already pay it today. The fact is any honest analysis will show that illegal transactions avoid taxes under both systems.
I wish more people knew the particulars og this plan
Some places to look for additional info:
Thomas website, HR25 legislative text:
http://thomas.loc.gov/cgi-bin/query/z?c108:H.R.25:FAQ on HR25, the FairTax Act:
http://www.fairtaxvolunteer.org/smart/faq.htmlArticles and Analysis on various specific aspects of interest intrest concerning the FairTax:
http://www.fairtaxvolunteer.org/smart/industry_impact.htmlReplies of AFFT regarding many of the opposing articles to be found:
http://www.fairtaxvolunteer.org/smart/rebuttals.html
thank you
Since drug dealers will not pay sales tax on their sales, they will pocket 30% more money then someone selling something else. Illegal transactions avoid taxation just as they do today.
While at the same time they will be paying the NRST on any legitimate products they may purchase. As everyone else does.
It is the customer in either case that pays a tax, not that seller. As a consequence the drug dealer pays the NRST just as the average citizen does, while under the income/paryoll tax system the drug dealer pays nothing by not declaring his illgotten gains.
The only issue is that that drug dealer neither collects on his sale, nor remitts anything. A situation that exists under the income tax as well.
But the drug dealer is pocketing the money they are legally suppose to send to the government, so it is the drug dealer who are profitting off of not paying the tax. There is no difference no matter how hard you spin.
the taxes are already imbedded... so they pay it already, as do we. I`m coming at the argument from the wrong angle to express my point. They sell drugs or prostitute, or whatever and do not pay income tax. We do. We and they all pay the same amount for goods and services due to imbedded taxes on materials and the cost of the labor to create the item or provide the service. Those who work legitemately for wages start at a disadvantage. Under the fair tax plan, we start on the same ground as those whose income is illegally obtained. Is this better? :^)
The fact is any honest analysis will show that illegal transactions avoid taxes under both systems.
The honest analysis will show that more is from illegal aquisitions by placing the collection point at retail sales over the situation of the income/payroll tax that requires the tax payer to report any taxable income.
Under the NRST legitimate business, from which that drug dealer must purchase most of his goodies to actually profit from his nefarious trade, reports and remits sales taxes collected.
Just another "progressive" marxist organization abusing the electoral process.
But the drug dealer is pocketing the money they are legally suppose to send to the government, so it is the drug dealer who are profitting off of not paying the tax.
What tax is the drug dealer collecting to be sent in?
What is happening is that drug dealer is spending the money he collects from his dealing, his income, same as anyone else who works for a living. Neither pays tax on income whatever its source under the NRST.
The point being, under the NRST, it is the customer paying taxes, not the earner or business.
There is no difference no matter how hard you spin.
There certainly is in terms of where the collection point for individual taxes is, on the income side with the current system, and on the spending side under the NRST.
The only one that could be said to making out in the drug dealers situation under the NRST are his customers, not the dealer himself who must spend his illgotten gains to benifit from his illegal trade.
In anycase, the issue is somewhat academic as the NRST rate is not dependant upon whether or not illegal transaction are taxed perse as only legitimate consumption reported by business for the GDP/NIPA statistics enters into the calculation of rates. Neither hidden transactions of tax evaders in the cash economy nor criminal enterprises are reported to government for inclusion into the data sets and no attempt is made to estimate those segments of the economy.
In fact the NRST assumes that such activities will pretty much remain constant even though there is substantial reduction in incentives as well as increased potential for catching those engaged in normal sales not collecting or remitting taxes under the NRST.
Also, just what kind of affect will this have on the economy? Will there have to be laws requiring that businesses don't buy quantities of needed equipment/supplies from outside the US because it's cheaper, how does that affect our economy, the cost of goods at the end level? What kind of involved laws will be enacted to protect certain businesses, certain classes of income earners.
My own suggestion is a flat as to individual taxes with a 20,000 deduction, 3,000 per dependent and a 10% rate for EVERY single person. The minimum tax burder is $250 and NO exemptions from paying taxes, if you make less than 20,000 you pay $250. No other write-offs. If you live here you use the services provided by the government and you need to contribute to the payment of those services. I know nothing about business taxes :)
As to Social Security,we need to make it all private, leave the same 'taxes' as now but they go to the investing firms of your choice [of those listed, just like they have for the fed employees] If you are retired you get what you have and continue to get it, if you retire in 15 years you get to keep SS or get a double buy-out payback for what is in SS under your name and it goes to whichever investment company you choose from the acceptable list. If you retire in more than 15 years your money will start being refunded [for investment as all others] starting in 5 years. Such a plan will eliminate the whole social security 'dept' and all those costs in the next couple of decades and the costs of running the department will begin to go down not up.
See post #7 perhaps the links can provide you with some info, I`m currently checking some of them out.
You can't be serious. If I sell a car for $10,000 I have to send $2900 to the government for sales tax. If a drug dealer sells $10,000 worth of drugs, they pocket the whole $10,000. I can't believe you don't see how the drug dealer is cheating the system.
One of the reasons I don't bother to push for such as this is that it is always touted with the same class envy 'let's get the rich, somehow, some way, let's make them pay'. I find that despicable.
Under HR25, everyone pays the same tax rate at the retail cash register regardless of income status or wealth, no one is exempted from paying the tax at all, interstingly not even government.
I also don't support it because I have too many questions about who it will hurt in the long term.
Refer: "What's so fair about a tax on income"
http://www.freerepublic.com/forum/a388d0748789d.htm
a previous Free Republic article posting/discussion which specifically addresses this question.
Which products will be exempt, if any?
None,
Which groups will have exemptions, if any?
All individuals must pay the same rate regardless of income or wealth, all must participate.
Once exemptions are applied that opens the door to abuse, politics, lobbying for 'my group'.
There are no exemptions for anyone.
Also, just what kind of affect will this have on the economy?
Should expand the economy and standard of living, by the most conservative estimates, by more than 15% over the current tax system as a consequence of repeal of the economic burdens imposed by the income/payroll tax system in overhead costs associated with compliance and increased investment incentives of a consumption tax only system.
Will there have to be laws requiring that businesses don't buy quantities of needed equipment/supplies from outside the US because it's cheaper,
Of course not, this is a taxreform bill. In fact, from a business standpoint the US would become a preferred haven for industry to locate in.
Chairman of the House Ways and Means Committee,
Rep. Bill Archer (R-TX)
August 12, 1996
- "A recent survey was done, in Europe and Japan, of the major corporations and I was astounded at the results. They were asked, 'If the US abolished its income tax and went to a sales tax, would that have any impact on your decisions?' Eighty percent of the corporations said they would build their factories in the United States of America. Twenty percent said they would move their international headquarters to the United States of America."
how does that affect our economy, the cost of goods at the end level?
Product pricing should decline on the order of 20-25% in competitive markets due to lowered manufacturing and business costs associated with the repeal of income and payroll taxes.
What kind of involved laws will be enacted to protect certain businesses, certain classes of income earners.
None, as all income earner no longer pay taxes on income, only on purchases as a retail consumer. There is no tax on paid by individual's on theur income. The FairTax is a retail sales tax collected at point of sale of new goods services to be remitted to state tax authority same as retail sales taxes are collected by the states today.
And I want to see how many drug dealers are going to file for the for the rebate.
oh come on. This ain't rocket science. The drug dealer gets to pocket all the money from his sales, I don't. The drug dealer gets to spend and buy or save 30% more than me.
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