GOP Discusses National Sales Tax

FOX ^ | Dec 1, 2004

[Tumbleweed_Connection]

So why is this better?

[Your Nightmare]

So why is this better?

Maybe you misunderstood me. You don't pay taxes on those things directly. But, for example, when you take your inheritence and buy something, you will be taxed. You can do all the investing and saving you want, tax free. You are only taxed on what you consume.

It's the same way with the flat tax and a VAT.

[Tumbleweed_Connection]

I'm sorry.

[Your Nightmare]

I'm sorry.

I should have been clearer.

[lewislynn]

You can do all the investing and saving you want, tax free.

That isn't entirely true.

There would be a tax on any (if any) services or fees connected to the investing and or savings AND there could be taxes on some interest earned and or paid as well.

(see HR25 SEC. 801. DETERMINATION OF FINANCIAL INTERMEDIATION SERVICES AMOUNT )

[Tumbleweed_Connection]

You had me concerned.

[Zon]

Ninety-percent of people that come to these threads to learn many readily grasp the benefits of replacing the income tax with a national retail sales tax. The remainder of them require more research and or discussion. Of those that want to learn, ninety percent support the FairTax.

Freeper FairTax proponents are but one small corner of a much larger movement. There's no way you and YN can thwart this small patch of FairTax supporters and certainly not the much larger number of FairTax proponents spread across the Internet..

You are wasting time spinning your wheels. But don't quit. Instead, work smarter. It would be much more efficient and effective for you and YN to focus your time and energy on the 535 members of congress. You don't have to convince all of them that passing HR25 would harm the economy, increase the price of products and services and cause great financial hardship for many people.

You should take the superior knowledge you think you have regarding economics, taxes and the FsirTax and create a study that you can take to the members of congress in order to stop them from making a horrendous error If the facts back up your claims you owe it to yourself and every American to stop congress from passing HR25. Stop them from enacting the FairTax that eliminates all income and payroll taxes while abolishing the IRS in order to replace it with a national retail sales tax. You'd be one of the great American heroes.

I can barely believe I wrote that. Who do I think would be fooled by that?

We've read Dr. Dale Jorgenson's biography at post 412. He has earned his stellar credentials. What have you got? I've seen nothing but your assertions juxtaposition to Dr Jorgenson's decades-long work-product. 

You dismiss Dale Jorgenson as just a hired economists. The man could run economic, tax and statistical circles around you blind folded. And you know it. On the far outside chance you don't know that then you've got a real problem or disability that prevents you from making rational evaluations.

In final analysis, sadly, you're just another hand-waving pipsqueak.

[Zon]

See post 427

[Zon]

See post 427

[Your Nightmare]

Do you know what a soft science is?

[hint: economics is one]

[concretebob]

I was wondering why I had that sticketr in my truck window that said "Support HR2525 FairTax.org".
and then soemone aske dme around post 45 what the number was and I said HR25252 and then someone riposted no it was HR25, and then someone
......I'm so cornfrused...
I'mNOT SURE WHAT TO DO

[concretebob]

Jay, I say push it. Bumper sticker rhetoric, email congresscritters, FAX machine.
I think it's a good plan. I think it will work, with some effort.
The longer we keep it out front, the better.

[concretebob]

Builders will have to have their contractor's license number on file.
If you can't produce a valid contractor's license, you pay the tax. Same way they do contractor discounts.

[concretebob]

Excise taxes, tariffs on trade, and taxes on profit.

[concretebob]

The gov't has 4 things it is responsible for:
1.Defend the borders.
2.Deliver the mail.
3.Pave the roads.
4.Collect the taxes.
So far it has only managed 1 out of 4. thats batting .250

[concretebob]

Trying to get caught up here, guys, bear with me...:)

[Your Nightmare]

We've read Dr. Dale Jorgenson's biography at post 412. He has earned his stellar credentials.

Maybe you could show me where he says consumer prices will drop by 22%.

[concretebob]

Man that was the best post ever. PERFECTO...

[concretebob]

http://www.freerepublic.com/focus/f-bloggers/1292552/posts
Here is a link to a thread with a connection to this thread. The appointment of a Treasury Secretary with pro-reform views is a step in the right direction.
Whether this guy is the one, needs review. I'd like to hear him answer some questions.
Think he'd answer an email?
Got any specific questions?