To: RobFromGa
I don't think you get to keep your whole paycheck under this system. It will just tax everyone at the same rate and remove the IRS code. So there will be no money wasted on just figuring out how much to pay.
4 posted on
08/03/2005 4:55:55 PM PDT by
varyouga
To: varyouga
Another point to consider is that you are no longer being punished for working harder and earning more. You only get punished when you spend a lot.
6 posted on
08/03/2005 4:57:20 PM PDT by
Dead Corpse
(Never underestimate the will of the downtrodden to lie flatter.)
To: varyouga
I don't think you get to keep your whole paycheck under this system. You are thinking of the Flat Tax, the Fair Tax you keep your whole paycheck plus the governemt sends every person a big check every month, plus all of our prices remain the same...it sounds like a free lunch to me and TANSTAAFL
7 posted on
08/03/2005 4:58:06 PM PDT by
RobFromGa
(This tagline is on August recess...)
To: varyouga
Not so. Under the fairtax system there is no longer any uncome tax.
We all wish it could be reality but I think most people know that it never could be.
I am behind it 100% but there are way too many people that will oppose it.
10 posted on
08/03/2005 4:58:49 PM PDT by
Mixer
To: varyouga
I don't think you get to keep your whole paycheck under this system. It will just tax everyone at the same rate and remove the IRS code. So there will be no money wasted on just figuring out how much to pay.This isn't correct. This proposal is not a flat tax where you would pay X percent quarterly or annually. This proposal is a national sales tax. The more you buy, the more tax you pay. Therefore Rich people who buy more, and more expensive items will pay more tax.
28 posted on
08/03/2005 5:15:44 PM PDT by
golfboy
(character is doing what is right, when no one is looking)
To: varyouga
With federal and state withholding no one knows how much they pay in taxes. That makes easy for the politicians to blithely talk of raising taxes precisely because most Americans are ignorant of the true extent of their tax burden. Such chicanery disappears under the FairTax since every one pays the same 23 percent rate. No playing off one group of taxpayers against another. And best of all, people would finally be able to judge if they're getting value from the government for their tax dollars. Wouldn't you want to know how much you've paid? We get a receipt and we know the cost of everything else we acquire in life but we're in the dark as what exactly government has cost us in the way of our hard-earned money. The FairTax will change this state of affairs.
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
185 posted on
08/04/2005 4:20:38 AM PDT by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson