To: Principled
It's illegal now .. it will be illegal then. That same tax avoidance scheme is available to you right now. Why don't you get out there and try it? Let us know how it works out.Right now there is a compliance method, I have to keep records and fill out forms and defend my expenses. Under the Fair Tax, since all the savings are coming by getting rid of compliance expenses, and there is no IRS to come after me, what would catch the person who cheats the system?
50 posted on
08/03/2005 5:51:19 PM PDT by
RobFromGa
(This tagline is on August recess...)
To: RobFromGa
Under the Fair Tax, since all the savings are coming by getting rid of compliance expenses, and there is no IRS to come after me, what would catch the person who cheats the system? State sales tax enforcers that already exist in 45 states. Ever tried messing with them?
To: RobFromGa
what would catch the person who cheats the system?
Monitoring certified business by state retail sales tax administrators as is provided for in the legislation, running the FairTax retail sales tax in parallel with state retail sales tax systems.
64 posted on
08/03/2005 6:07:15 PM PDT by
ancient_geezer
(Don't reform it, Replace it!!)
To: RobFromGa
Under the Fair Tax, since all the savings are coming by getting rid of compliance expenses, and there is no IRS to come after me, what would catch the person who cheats the system? I hear you brother since you are a local here in Georgia, but you are wrong about the savings. Just imagine that a 500 pound gorilla that has been sitting on your economy suddenly goes away and is replaced by a pesky little guy who asks you to donate every time you buy something.
128 posted on
08/03/2005 7:14:25 PM PDT by
groanup
(shred for Ian)
To: RobFromGa
I suppose if someone never spent a cent, then I guess you'd have people gaming the system. But that's less likely than people today looking into tax shelters to keep the taxman's hands off as much of their money as the law will permit. Today, personal decisions are partly driven by the calculation one act can lessen as opposed to increasing one's tax burden. In a FairTax system, such incentives for irrational decision-making would become a thing of the past. Since you know you pay the same rate as your neighbor, there's little point in trying to get a break at every one's expense. And the government in the final analysis will be able to collect substantially more revenue than it does now. All because of a change in people's habits.
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
192 posted on
08/04/2005 4:44:37 AM PDT by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
To: RobFromGa
Under the Fair Tax, since all the savings are coming by getting rid of compliance expenses, and there is no IRS to come after me, what would catch the person who cheats the system?The states will be responsible for enforcement. They are very good at it, trust me.
251 posted on
08/04/2005 9:36:35 AM PDT by
rwrcpa1
(April 15. Let's make it just another day.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson