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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

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To: Paul C. Jesup
Can you actually give an example?

I see you have problems calculating percentages.

And you don't, so educate me...Show an example of your 23% sales tax.

The Fairtax is the only viable alternative.

That would be one opinion.

21 posted on 05/13/2005 8:38:44 AM PDT by lewislynn (My other car is an XC90 T6 AWD....)
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To: Principled
What's silent is your pings to fair tax supporters. You didn't want them around?

Also note that since no one answered between 10:45-11:45 PM (east coast time), we must be avoiding the thread. Which is just as credible an assertion is is usally made by the status quo folks.

22 posted on 05/13/2005 8:40:19 AM PDT by kevkrom ("Those who stand for nothing fall for anything." -- Alexander Hamilton)
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To: Paul C. Jesup; lewislynn
Many people have a finiancial interest in retaining the incomprehensible, ineffecient, socialist wielding income tax code.

Some people, who sell "Pay No INcome Tax" kits for $49 will be out of a racket. Others (who currently evade taxes) will actually have to begin paying taxes. Oddly, it's those folks who say that enforcement will be a problem.... LOL.

Of course those people are more interested in themselves that the Country.

23 posted on 05/13/2005 8:40:59 AM PDT by Principled
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To: Principled
What's silent is your pings to fair tax supporters.

The silence is still deafening..

Did you have anything of substance or are you hoping someone else will do it for you?

Over 200 views on this thread and none of them are fairtax supporters?....right.

24 posted on 05/13/2005 8:43:41 AM PDT by lewislynn (My other car is an XC90 T6 AWD....)
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To: lewislynn
And you don't, so educate me...Show an example of your 23% sales tax.

So where did you pull "23%" from? I know where that figure comes from and it's not from Fairtax. Do you know it comes from?

25 posted on 05/13/2005 8:43:49 AM PDT by Paul C. Jesup
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To: lewislynn
Lol lousbolts.

When did you stop selling illegal tax evasion kits?

26 posted on 05/13/2005 8:46:04 AM PDT by Principled
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To: lewislynn
The fairtax crowd silence is deafening on this thread.

Patience, hasty. Yours was only the third post.

27 posted on 05/13/2005 8:48:58 AM PDT by Terabitten (I have a duty as an AMERICAN, not a Republican. We can never put Party above Nation.)
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To: lewislynn
Over 200 views on this thread and none of them are fairtax supporters?....right.

Pay no attention to pro-FairTax responses on #4, #5, #7, #11, #12, #15, #18, #19, #22, and #23 prior to your post quoted above... that's 10 out of 23, with one or two "neutral" comments that couldn't be taken as pro- or anti- on their surface.

28 posted on 05/13/2005 8:50:02 AM PDT by kevkrom ("Those who stand for nothing fall for anything." -- Alexander Hamilton)
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To: Principled
Some people, who sell "Pay No INcome Tax" kits for $49 will be out of a racket.

You pinged me for this?....What's your point?

Are you suggesting I sell a "Pay No Income Tax kit"?...I have no idea what a "Pay No Income Tax kit" is let alone how much one costs...did someone screw you on one?...You bought one didn't you.

29 posted on 05/13/2005 8:51:28 AM PDT by lewislynn (My other car is an XC90 T6 AWD....)
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To: lewislynn

Hefty on the protest there mate.


30 posted on 05/13/2005 8:54:36 AM PDT by Principled
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To: libertarianben

I hear a lot about how we need to repeal the 16th Amendment to solve the income tax "problem," and it was even a plank in Badnarik's campaign in the last election.

Problem is, though, that ain't good enough. The U.S. government had income taxes before the 16th Amendment was ratified. You need an amendment that BOTH repeals the 16th Amendment AND forbids the collection of any income taxes.

That aside, I'm not sure that I'm sold on a national sales tax. I think I'm just having problems supporting any kind of tax at all.

Query: were this to be passed, think Congress would continue to allow tax-free Internet purchases?


31 posted on 05/13/2005 8:56:13 AM PDT by Publius Valerius
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To: Paul C. Jesup
So where did you pull "23%" from? I know where that figure comes from and it's not from Fairtax.

I'm pro-fair-tax, but that number *is* on the fairtax.org website.

From the FAQ section of the website:

Is the 23% FairTax higher or lower when compared to the income taxes people pay today? Most people are paying that much or more today – much of it is just hidden from view. The income tax bracket most people fall into is 15 percent, and all wage earners pay 7.65 percent in payroll taxes. That’s 23 percent right there, without taking into account the 7.65 percent employer matching! On top of that, you have to add in all of the hidden taxes embedded in the price of everything you buy, from goods (averaging 22 percent) to services (averaging 25 percent).

Effective tax rates vs. stated tax rates Because the 23-percent FairTax would not be imposed on necessities, an individual spending $28,808 would pay an effective tax rate of only 15.6 percent, not 23 percent. That same individual will pay 17.3 percent of his or her income to federal taxes under current law.

32 posted on 05/13/2005 8:57:49 AM PDT by Terabitten (I have a duty as an AMERICAN, not a Republican. We can never put Party above Nation.)
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To: kevkrom
Pay no attention to pro-FairTax responses on #4, #5, #7, #11, #12, #15, #18, #19, #22, and #23 prior to your post quoted above... that's 10 out of 23,

That's 10 "responses" by 3 individuals out of 23 posts and over 200 page views.

33 posted on 05/13/2005 8:57:57 AM PDT by lewislynn (My other car is an XC90 T6 AWD....)
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To: Principled
Hefty on the protest there mate.

?

34 posted on 05/13/2005 8:59:22 AM PDT by lewislynn (My other car is an XC90 T6 AWD....)
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To: Terabitten
I'm pro-fair-tax, but that number *is* on the fairtax.org website.

Then they must of have gotten it from House Speaker Dennis Haster a few years ago when he was being interviewed about a book he wrote on his life on H&C on Foxnews. Mr. Hannity asked Mr. Haster to throw out a theoritical number on a Nation Retail Sales Tax and Haster stated "23%".

35 posted on 05/13/2005 9:03:20 AM PDT by Paul C. Jesup
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To: lewislynn; kevkrom

Now it's not number of posts, it's who they're from. Wait just a sec and he'll change it again.


36 posted on 05/13/2005 9:06:15 AM PDT by Principled
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To: Paul C. Jesup

The fair tax rate is 30% tax exclusive - which is how sales taxes are customarily done - which is also 23% inclusive - the way income tax rates are always done... whether they're income, payroll, estate, gift, self -employment etc.


37 posted on 05/13/2005 9:09:30 AM PDT by Principled
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To: lewislynn
That's 10 "responses" by 3 individuals out of 23 posts and over 200 page views.

Actually, by post #23, my count is 6 distinct posters against the FairTax, and 6 in favor. But, we all know your issues with remedial mathematics.

Let's turn this around... in over 200 page views, an anti-FairTax article could only draw 5 anti-FairTax folks, not including the original poster of the article, who has yet to post any other reply on the thread?

38 posted on 05/13/2005 9:10:50 AM PDT by kevkrom ("Those who stand for nothing fall for anything." -- Alexander Hamilton)
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To: lewislynn; Taxman; pigdog; Principled; EternalVigilance; rwrcpa1; phil_will1; kevkrom; ...

lewislynn:The fairtax crowd silence is deafening on this thread.

LOL, I wasn't aware that people are held to a time clock on noticing posts.

However since you are apparently feeling lonely today, I am sure something can be done to alleviate your problem.

 

A Taxreform bump for you all.

If you would like to be added to this ping list let me know.

John Linder in the House(HR25) & Saxby Chambliss Senate(S25), offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright, and provide a IRS free replacement in the form of a retail sales tax:

H.R.25,S.25
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:


39 posted on 05/13/2005 9:15:32 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: kevkrom
...remedial mathematics.

Time after time...

40 posted on 05/13/2005 9:15:34 AM PDT by Principled
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