Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Tax Reform Panel Picks Apart FairTax Proposal
Tax Analyists ^ | 5/12/2005

Posted on 05/12/2005 7:46:54 PM PDT by Your Nightmare

click here to read article


Navigation: use the links below to view more comments.
first previous 1-20 ... 1,421-1,4401,441-1,4601,461-1,4801,481-1,490 last
To: SALChamps03

Uh its now #1 on the New York Times Best Sellers... Will come out in Sunday's paper...


1,481 posted on 08/19/2005 10:44:40 PM PDT by Sprite518
[ Post Reply | Private Reply | To 1480 | View Replies]

To: ancient_geezer
I see, don't confuse you with facts or information or philosophy or moral argument.

Stuff your insults.

That just gets in the way of pre-conceived notions and foundationless beliefs.

No, I have interests, including an equity interest, that I am interested in seeing that you fail to compromise with your hustle and yak.

I am interested in fairness for everyone, and taking businessmen's taxes and pushing them off on everyone else, while it is logical for them to want to do, is equally logically something that self-respecting citizens will resist.

Truth and beauty do not inhere in my picking up your dinner tab.

Have a nice day.

1,482 posted on 08/20/2005 2:15:29 AM PDT by lentulusgracchus ("Whatever." -- sinkspur)
[ Post Reply | Private Reply | To 1476 | View Replies]

To: Sprite518

Cool. I was just going by the current number when I checked. It was number nine at the time. It's not number one by accident. People are genuinely interested in tax reform.


1,483 posted on 08/20/2005 6:45:58 AM PDT by SALChamps03
[ Post Reply | Private Reply | To 1481 | View Replies]

To: lentulusgracchus

There is no way for an individual to resist paying the taxes charged businesses. Businesses are going to figure every cost into the price of the product. Taxes are one cost that is figured in. Anyone who is in business will do this. To do otherwise would be a fast track to bankruptcy. Therefore, only individuals pay taxes. The fair tax will eliminate these imbedded taxes and replace them with a sales tax. The market will bring the prices back down to where they were before the sales tax pretty quickly.


1,484 posted on 08/20/2005 6:52:15 AM PDT by SALChamps03
[ Post Reply | Private Reply | To 1482 | View Replies]

To: lentulusgracchus

I am interested in fairness for everyone, and taking businessmen's taxes and pushing them off on everyone else, while it is logical for them to want to do, is equally logically something that self-respecting citizens will resist.

And totally impossible to do, as a business could pay tax under any condition. I can only remit taxes from sales revenues it receives, and distribute the rest into production costs, business expansion, return to investors, and payment of wages.

Only people can pay taxes, A business is merely infra-structure, a tool for the conduct of commercial activity. It's participants from investor, supplier, laborer to consumer are all individuals only they have the capacity to cough up that which government demands. A business is merely a conduit from consumer to government and the people who produce the goods and services.

Your whole reasoning is rooted in a false paradigm that somehow a business is a person with an capacity to pay taxes when all it is a construct of individuals, an organization to facilitate commerce among individual people.

Garbage in Garbage out, when ones base premise is false, any conclusions derived from it is invalid as well.

Truth and beauty do not inhere in my picking up your dinner tab.

Tax systems have nothing to do with beauty. Truth is rooted in reality. In paying and financing the payment of taxes you pick up the dinner tab of every person working for or benefiting from government largess.

Whether you want to pick up my dinner tab or not is relavent only if I receive anything through government. If I were to receive a benefit from government, you're financing it whether you believe so or not.

Have a good day.<

1,485 posted on 08/20/2005 7:38:25 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
[ Post Reply | Private Reply | To 1482 | View Replies]

To: Your Nightmare
Yes, good, the fairtax is an absurdity, wrapped in bad math. Lets hope no one passes it. The only good thing about passing the fairtax — we would all learn the incredible power of wishful thinking.

Fairtax would have to be 50-60%. But can you imagine even a 40% sales tax on new homes? Who on earth would buy a new home, just go buy an existing home. When the new home market goes into toilet — the tax rate would have to increase, because gov revenues would be lower than expected.

How do you get renters to pay a 50% sales tax on their rent?

That I have to see.

How do you get stroke victims and cancer patients to pay 40-50% sales tax on their sugery, nursing home care, etc?

1,486 posted on 02/20/2008 6:35:55 PM PST by MortonMark (Fairtax absurdity)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Logical me
Fairtax would clobber a lot of people — mostly those who need medical care. Can you imagine a 40,000 tax bill to the parents who had to spend 140,000 to keep their child alive, from leukemia?

Can you imagine a 30,000 a year tax bill, on an Alzheimer’s patient?

Fairtax has an avalanche of absurd results, the fairtax folks haven’t even considered

1,487 posted on 02/20/2008 6:53:33 PM PST by MortonMark (Fairtax absurdity)
[ Post Reply | Private Reply | To 8 | View Replies]

To: econ_grad
I bet you didn’t read the part of the Fairtax book where Boortz says

“The federal government ITSELF will become a MAJOR taxpayer.” Page 148, in his Magic Bean book, er, I mean, Fairtax book.

If you can have the federal government pay 500 billion in taxes TO ITSELF — why stop there? WHy not 600 billion? WHy not a trillion?

Really, if you can tax the federal government 500 billion — whats to stop you from taxing it a trillion?

You might want a refund on your economics courses, if you think the federal government can pay itself 500 billion, and count it as a receipt.

1,488 posted on 02/20/2008 6:53:33 PM PST by MortonMark (Fairtax absurdity)
[ Post Reply | Private Reply | To 4 | View Replies]

To: lewislynn

I know a better tax plan. ANYTHING.

Fairtax is a farce, an absurdity, a shell game. Its total malarky. It pretends to tax the GOVERNMENT to pay the GOVERNMENT — 500 billion.

It pretends to be able to tax all medical costs — which means patients. Cancer patients, nursing home patients, heart by pass patients, child birth, Emergency Romm patients, brain tumor patients, etc etc.

Do you really think the parents of a child with leukemia will pay a 40,000 sales tax on their efforts to keep their child alive — or will those parents have a word or two for the congressman that voted to give them such a whacked out tax?

My hunch is, a lot of people will be stunned when they get these huge taxes on their surgeries, and on all their efforts to stay alive.

Plus - fairtax might garner a few remarks from RENTERS — who have to pay this tax on every dollar of their rent.

Won’t they be surprised.

Here is a clue - just think of the reactions of people who could get 50,000 in sales tax on some medical cost - and they only MAKE 25K. I wonder what they would say?


1,489 posted on 02/20/2008 6:53:35 PM PST by MortonMark (Fairtax absurdity)
[ Post Reply | Private Reply | To 13 | View Replies]

To: MortonMark

Welcome to FreeRepublic MortonMark.


1,490 posted on 02/20/2008 7:16:01 PM PST by lewislynn (What does the global warming movement and the Fairtax movement have in common? Disinformation)
[ Post Reply | Private Reply | To 1489 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 1,421-1,4401,441-1,4601,461-1,4801,481-1,490 last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson