Posted on 06/10/2005 11:13:37 AM PDT by Always Right
That's one of my biggest beefs with the 'fair tax' proponents. They make extreme claims that aren't true. They say they eliminate the IRS, technically true I suppose, but there is still a federal revenue collection agency, just not called the IRS. Is that really an improvement?
The difference between 'no' record' and name, SSN, and address so that you can get a check that you are applying for is so small as to be ridiculous. If you are hanging your hat on that argument, then just come on board.
The IRS is defunded and torn apart. What the IRS REPRESENTS will also be destroyed. There will no longer be tedious reporting of the most intimate financial details to the Feds. Yeah, some one will always have to count the money. But the tyranny in getting it from the free people of this country will end. Do you have think that's not good?
Are you done picking nits?
Good. Pigdog apparently does, though.
I already covered that earlier in the thread.
Really? Which Part?
If you claim to be sure that the revenue-neutral number is 23.0% and not 23.1%, then you are either BS'ing me or delusional.
I'm still waiting for your answer.
The reply to you in 903, was a question about what you figure the revenue-neutral number to be.
It was not about the tax rate stated in the legislation, which is indeed "23 percent" of gross payment as defined for 2007 implementation of HR25.
Perhaps you would like to answer the questions instead of digressing, or wandering off on some debate over a hypothetical rate of 23.0 or 23.1%. Rates which I don't view as even close to the actual much lower "revenue-neutral" value that would be established with a full economic study based on current economy, government revenue under current tax cuts that have been implemented since the 1999 introduction of the FairTax legislation.
1) What common measure should be used to specify tax rates so they can be compared between the different proposals out there, whether they be NRST, Flat Tax, VAT, or some lesser modification of the graduated income tax?
2) What is your estimate of that realizable revenue neutral rate for this discussion, framing the debate around the actual criteria the president has laid down recognizing the legislation replaces all federal income, payroll and gift/estate taxes?
Nope, you've got it wrong, pittipat. I'd love to see those lower tax rates and I think we probably will either with the passage of the bill or very shortly thereafter.
I believe the economic expansion alone will cause the rates to drop. No matter what the rate, though, I still expect to see it calculated correctly from whatever rate is in the final bill. It that is 23% t-i, then the correct t-e rate would be 29.87% since it would be derived from the bill's figure. Sales tax rates are frequently carried to two decimal places but I have never seen them calculated beyond that.
LOL! Yes you were, you idiot.
Wasn't impressed...
Oh, I was. Since reading #150, I've had bumper stickers made up reading "Read #150", it's part of my answering machine message, and I've been chanting it as my new mantra.
mmmmmm Read #150. . . Read #150. . . Read #150. (sitting in lotus position) mmmmmmm
For discussion purposes, the rate is 30%. Get over it. If you wish to use the 29.87% number, knock yourself out. I am getting a kick over how annal you are being about this.
Wal mart won't like the nrst as much as business that sell domestic goods.
Imports will not experience the cost savings associated with reducing the costs of our tax system.
Of course, China is at a huge advatage already due to relatively little labor cost.
Walmart is gonna have to start selling domestic goods.
I bet there's some reason you don't like that.
You say this 20 times per thread. You must be selling snake oil trying to get people to avoid any tax reform in favor of your marxist progressive income tax.
What ugly thoughts you have.
Me first. I'm still waiting for an explanation of what is :
"the BS that is sprayedd around by the acolytes of the Fair Tax proposal."
#857
Good. Pigdog apparently does, though.
Are you agreeing that 19-20% is the more proper revenue-neutral rate as should be implemented for the FairTax legislation? or do you have a better estimate of current conditions, not those existing back in the Clinton era.
Remember, I asked you for your estimate of revenue neutral rate for the FairTax, not mine, and the best common measure to use to represent it for comparison with other tax plans competing with the NRST like "Flat Tax", Business Transaction Tax, VAT or some lesser modification of the current income tax system.
Still looking for your answers. Seems to me discussion depends on laying out where everyone stands on the NRST rate and whether or not the proposed value in the legislation means anything other than a provisional place holder and going from there.
That, to me, is the best way to get the board cleared, and discuss merits rather than continual digressions on the trivial.
Weak-minded ones are always easily amused. Children and puppies are the same way.
Keep it in mind ... 29.87% as calculated from a stated 23% because, you see, some sales tax rates are quoted to two decimal places - your idiocy not withstanding.
He thinks you're serious.
A-blessed-men!!
Yep, my idiocy. As if I am the one bent out of shape that 29.87 gets rounded to 30. After all this, that is the point you wish to make. Gee, you are really scoring big points.
Why ask me? -- I don't have the slightest idea, or care. If you and Schweinhund say it's around 23%, I'll not argue with you. However, if you tell me its 23.0% and not 23.1%, as Schweinhund tried to do by quarreling with 30 vs 29.9, then you are wrong.
I'm certainly not "bent out of shape" about it but merely stating that whatever the FairTax rate figure ends up being in the bill, it should be - when calculated as t-e - calculated correctly and carried out to two decimal places if it does not come out to an integer.
No point in being sloppy like the SQL crowd.
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