National Retail Sales Tax - You gotta be kidding!

GOPNATION.COM ^ | January 31, 2005 | Steve Pudlo

[SCALEMAN]

".....tell us how you are going to cut ~40% of government spending across the board (defense, homeland security, etc.)."

What % of the budget is taken up by the IRS? I know it isn't 40% but it's a start isn't it?

[Gabz]

I've volunteered to homeschool him in US history and economics. He's only 4 months old so I have a few more months before I can start. ;-)

WHAT???????????? You should have started 2 months ago. My husband was teaching our daughter that while she was still in the womb. I learned more about US history while I was pregnant than I ever did in school. Hubby was well known for getting kicked out of history classes because he knew stuff that was lied about in the textbooks.......and that was back in the 60's and 70's. I can only imagine how bad the books are now.

[ancient_geezer]

Basically Americans for Fair Taxation is the volunteer activist organization for promoting the Fair Tax Act.

After a bit of googling around

The original nefarious Houston plotters for demise of the current federal tax code were

• Leo Linbeck, Jr., Linbeck Construction Corp.
• Bob McNair, Cogen Technologies Chief Executive and
• Jack Trotter Houston attorney

From there it grew.

Some Fair Tax Act history and information:
http://www.txfb.org/TexasAgriculture/2003/060603/060603fairtax.htm

AFFT got its start in 1994 when three Houston businessmen began cussing and discussing the Federal tax code over lunch. At this particular lunch, however, the three decided to do something about it and each pledged $1.5 million in seed money to hire the best tax experts in the country to identify the faults of the current system, to determine what American citizens wanted to see in tax reform and then to design the best tax system possible.

The three went on to raise an additional $17 million, which funded focus groups with citizens around the country and studies with nationally prominent experts in tax policy.

The final result became a bipartisan bill sponsored by Rep. John Linder (R-GA) and Collin Peterson (D-MN). Originally submitted to the House of Representatives as HR 2525, "The Fair Tax of 1999," it was resubmitted in the 107th Congress and again in the 108th Congress as the "Fair Tax Act of 2003."

[Gabz]

What % of the budget is taken up by the IRS?

Dang, a section of the alphabet soup I forgot to mention when I was responding to the poster who asked me that question!!!!!!!

[SCALEMAN]

"Not with out wages dropping.

As an employer, please explain to me why wages would drop with a NRST?

[Badray]

I think that your natural instincts are serving you well. The insights that you've shown are brilliant. Once you were able to get into it, you quickly saw the many benefits that this has to offer. As we both agree, if not perfect, but it's damn good.

As I work with others here in Western PA to educate people, I haven't been as involved in the details of the plan as much as I have the political and philosophical aspects. The details are where the devil is, as they say, but I let others brighter than I, like Conservative Goddess, handle that.

I see the good that comes from it's enactment and that excites me. After living with the horribly abusive system we have now, I'm not looking for perfect. I just want more freedom and I am willing to pay a price for it.

[Do not dub me shapka broham]

It was all in good fun.

I'd never say anything to disparage the incomparable contributions made to this website by one of the charter members of the RKBA road crew.

-good times, G.J.P.(Jr.)

[Badray]

Yep. You sure did.

This liberty thingy is cool, huh?

[ancient_geezer]

LOL, I see the reply.

Unfortunately I have been running around all day today and haven't had much time to dig in on this thread.

Looks like the thread has been doing quite well and introducing new folks to the principles behind the NRST, which is where the target is.

[Badray]

WHACPACSACPAC

Sure I remember. I didn't say where you had the drink or what you did with the cigarette so I am still within the bounds of the blood oath that we took. ;-)

There is a difference between the queries of the disruptors that show up on these threads and the intelligent questions that you asked. A huge difference.

No matter how often we answer their questions, they come up with another objection. They are never satisfied. There are so many good things about this plan, but they never see any of them. That's the tipoff and the difference between them and someone like you who is genuinely interested and understands the logic.

I would like to know why they want the current system to continue to burder us and our children. What is the price these days to sell out the liberty of one's children? Do you think that they'll ever answer those questions?

Nah. Me neither.

[jonestown]

The proposed Fair Tax is simply treated as another sales tax, added to the subtotal of items purchased.

Example:


Subtotal of items purchased ___ 100.00

Federal 'Fair Tax' 30% ________30.00


State Sales Tax 7% ____________ 7.00



Total ___________________ $137.00



FairTax
Address:http://www.fairtaxvolunteer.org/smart/faq-main.html Changed:11:33 AM on Wednesday, July 28, 2004


"How is the tax collected? Retail businesses collect the tax from the consumer, just as state sales tax systems already do in 45 states; the FairTax will simply be an additional line on the current sales tax reporting form."
629 jonestown

---

Sorry, jonestown, but you most certainly mistaken. I was confused by this intially, too.

From the FairTax FAQ you linked to:

I know the FairTax rate is 23 percent when compared to current income taxes. What will the rate of the sales tax be at the retail counter? 30 percent.

Note that no matter which way it is quoted, the amount of tax is the same. Under an income tax rate of 23 percent, you have to earn $130 to spend $100.

Spend that same $100 under a sales tax, you pay that same $30, and the rate is quoted as 30 percent.

631 Your Nightmare

---

Fine, -- you've made your point that the actual rate proposed is 30%.

I have no idea what actual point is intended to be made by the tax 'inclusive/exclusive' rhetoric.
Do you?

[Badray]

Congratulations and welcome aboard.

If you ever experience doubts due to a question or an answer that just doesn't sit right with you -- ask.

I've been involved now for almost a year and I still have questions. If you can't find the answers to any of your questions on your own there is help at the National site

www.fairtax.org

or the PA site

www.pafairtax.org

ancient_ geezer has probably the best links in his posts. He's my go to guy when I need info. Anyway, we're here to help.

[Gabz]

You just keep making me blush.........

....I'm not looking for perfect. I just want more freedom and I am willing to pay a price for it.

I can go along with that.

[Gabz]

Liberty is a great thing, but it's not free.

I'm willing to pay.

[HighFlier]

Give me the sales tax!

I'm working on my taxes right now (except for posting here). What a nightmare, even with TurboTax. Even Bush's dividend tax cut, which made me a lot of money, is still an accounting catastrophe.

I supposed if I didn't invest in the market, everything would be easier - but I'd be poorer too.

[Badray]

Sorry.

LOL

[Gabz]

I didn't say where you had the drink or what you did with the cigarette so I am still within the bounds of the blood oath that we took. ;-)

ROFLMPJO!!!!!!!!! WHACPACSACPAC ....indeed!

I understand your comments differentiating the queries. At times I enjoy playing the role of "devil's advocate" in order to get someone to defend a position. That was not what I was doing today, which you have obviously surmised.

I am well aware of the disruptor questioners.....you should see them on the smoking threads..... I do like this idea...but as time goes on, I will probably be asking more questions.......not to be a pain, but to be better versed in it as I am just new to the discussion.

[Gabz]

I've already bookmarked several of the links ancient_ geezer gave earlier.

Thank you.