Replies

"pass the FairTax, help out on the 16th repeal effort ... and then as a follow on help us get Congress to drastically cut spending"

Isn't this putting the cart in front of the horse?

Sorry, but this bill does not automatically repeal the 16th Admendment. It calls for it to be repealed, but that takes a 2/3 majority vote in the House and Senate and then must be sent to the states for ratification. If this bill means any states will not be receiving as much Federal Money as they wish, can you honestly say they will ratify it? If it doesn't get ratified, we then could end up paying both

Drastically reduce spending now, do that first, and there's a good chance most all taxes, including this alleged "fair tax" may not even be needed.

I suggest all read the actual bill for themselves instead of a supporters book and see for yourselves what is and is not proposed. It may dull and dry reading, but at least you will see for yourselves how dangerous this really is.

While I want lower taxes as well, blindly jumping into this because some call it "FAIR" just may one day become an millstone around our necks.

As far as I'm concerned, spending must be drastically reduced first, not hopefully as the last thing.

As far as I'm concerned, spending must be drastically reduced first, not hopefully as the last thing.

Hasn't happened under the progressive income tax system that assures over half the electorate does not participate in paying the government bill has it. You figure that is going to change sometime soon keeping a tax system that promotes and fosters socialist redistribution with the majority of the electorate out of the loop?

If you do I've got some ocean front property in southwestern Colorado to sell you cheap.

Per-Capita REVENUES

100years of history under the income tax makes it clear that we will not get there (smaller government) from here (the income tax).

I suggest all read the actual bill for themselves instead of a supporters book and see for yourselves what is and is not proposed.

Indeed everyone should and here is the URL to the bill, as it resides on the Thomas Congressional website.

H.R.25

Fair Tax Act of 2005 (Introduced in House)
http://thomas.loc.gov/cgi-bin/query/z?c109:H.R.25:

HR 25 IH

109th CONGRESS

1st Session

H. R. 25

To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.

IN THE HOUSE OF REPRESENTATIVES

January 4, 2005

Mr. LINDER (for himself, Mr. DELAY, Mr. BRADY of Texas, Mr. CULBERSON, Mr. DEAL of Georgia, Mr. FLAKE, Mr. GUTKNECHT, Mr. KING of Iowa, Mr. KINGSTON, Mr. WESTMORELAND, and Mr. PRICE of Georgia) introduced the following bill; which was referred to the Committee on Ways and Means

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 sales tax to be administered primarily by the States.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

TITLE I--REPEAL OF THE INCOME TAX, PAYROLL TAXES, AND ESTATE AND GIFT TAXES

SEC. 101. INCOME TAXES REPEALED.

SEC. 102. PAYROLL TAXES REPEALED.

SEC. 103. ESTATE AND GIFT TAXES REPEALED.

SEC. 104. CONFORMING AMENDMENTS; EFFECTIVE DATE.

TITLE II--SALES TAX ENACTED

SEC. 201. SALES TAX.

`Subtitle A--Sales Tax
`Chapter 1. Interpretation; Definitions; Imposition of Tax; etc
`Chapter 2. Credits; Refunds
`Chapter 3. Family Consumption Allowance
`Chapter 4. State and Federal Cooperative Tax Administration
`Chapter 5. Other Administrative Provisions
`Chapter 6. Collection; Appeals; Taxpayer Rights
`Chapter 7. Special Rules
`Chapter 8. Financial Intermediation Services
`Chapter 9. Additional Matters

`SEC. 1. PRINCIPLES OF INTERPRETATION.

`SEC. 2. DEFINITIONS.

`CHAPTER 1--INTERPRETATION; DEFINITIONS; IMPOSITION OF TAX; ETC.

`SEC. 101. IMPOSITION OF SALES TAX.

`SEC. 102. INTERMEDIATE AND EXPORT SALES.

`SEC. 103. RULES RELATING TO COLLECTION AND REMITTANCE OF TAX.

`CHAPTER 2--CREDITS; REFUNDS

`SEC. 201. CREDITS AND REFUNDS.

`SEC. 202. BUSINESS USE CONVERSION CREDIT.

`SEC. 203. INTERMEDIATE AND EXPORT SALES CREDIT.

`SEC. 204. ADMINISTRATION CREDIT.

`SEC. 205. BAD DEBT CREDIT.

`SEC. 206. INSURANCE PROCEEDS CREDIT.

`SEC. 207. REFUNDS.

`CHAPTER 3--FAMILY CONSUMPTION ALLOWANCE

`SEC. 301. FAMILY CONSUMPTION ALLOWANCE.

`SEC. 302. QUALIFIED FAMILY.

`SEC. 303. MONTHLY POVERTY LEVEL.

`SEC. 304. REBATE MECHANISM.

`SEC. 305. CHANGE IN FAMILY CIRCUMSTANCES.

`CHAPTER 4--FEDERAL AND STATE COOPERATIVE TAX ADMINISTRATION

`SEC. 401 AUTHORITY FOR STATES TO COLLECT TAX.

`SEC. 402. FEDERAL ADMINISTRATIVE SUPPORT FOR STATES.

`SEC. 403. FEDERAL-STATE TAX CONFERENCES.

`SEC. 404. FEDERAL ADMINISTRATION IN CERTAIN STATES.

`SEC. 405. INTERSTATE ALLOCATION AND DESTINATION DETERMINATION.

`SEC. 406. GENERAL ADMINISTRATIVE MATTERS.

`SEC. 407. JURISDICTION.

`CHAPTER 5--OTHER ADMINISTRATIVE PROVISIONS

`SEC. 501. MONTHLY REPORTS AND PAYMENTS.

`SEC. 502. REGISTRATION.

`SEC. 503. ACCOUNTING.

`SEC. 504. REGISTRATION CERTIFICATES.

`SEC. 505. PENALTIES.

`SEC. 506. BURDEN OF PERSUASION AND BURDEN OF PRODUCTION.

`SEC. 507. ATTORNEYS' AND ACCOUNTANCY FEES.

`SEC. 508. SUMMONS, EXAMINATIONS, AUDITS, ETC.

`SEC. 509. RECORDS.

`SEC. 510. TAX TO BE SEPARATELY STATED AND CHARGED.

`SEC. 511. COORDINATION WITH TITLE 11.

`SEC. 512. APPLICABLE INTEREST RATE.

`CHAPTER 6--COLLECTIONS; APPEALS; TAXPAYER RIGHTS

`SEC. 601. COLLECTIONS.

`SEC. 602. POWER TO LEVY, ETC.

`SEC. 603. PROBLEM RESOLUTION OFFICES.

`SEC. 604 APPEALS.

`SEC. 605. TAXPAYER RIGHTS.

`SEC. 606. INSTALLMENT AGREEMENTS; COMPROMISES.

`CHAPTER 7--SPECIAL RULES

`SEC. 701. HOBBY ACTIVITIES.

`SEC. 702. GAMING ACTIVITIES.

`SEC. 703. GOVERNMENT PURCHASES.

`SEC. 704. GOVERNMENT ENTERPRISES.

`SEC. 705. MIXED USE PROPERTY.

`SEC. 706. NOT-FOR-PROFIT ORGANIZATIONS.

`CHAPTER 8--FINANCIAL INTERMEDIATION SERVICES

`SEC. 801. DETERMINATION OF FINANCIAL INTERMEDIATION SERVICES AMOUNT.

`SEC. 802. BAD DEBTS.

`SEC. 803. TIMING OF TAX ON FINANCIAL INTERMEDIATION SERVICES.

`SEC. 804. FINANCING LEASES.

`SEC. 805. BASIC INTEREST RATE.

`SEC. 806. FOREIGN FINANCIAL INTERMEDIATION SERVICES.

`CHAPTER 9--ADDITIONAL MATTERS

`SEC. 901. ADDITIONAL MATTERS.

`SEC. 902. TRANSITION MATTERS.

`SEC. 903. WAGES TO BE REPORTED TO SOCIAL SECURITY ADMINISTRATION.

`SEC. 904. TRUST FUND REVENUE.

`SEC. 905. WITHHOLDING OF TAX ON NONRESIDENT ALIENS AND FOREIGN CORPORATIONS.

SEC. 202. CONFORMING AND TECHNICAL AMENDMENTS.

`SEC. 6161. EXTENSION OF TIME FOR PAYING TAX.

`SEC. 6601. INTEREST ON OVERPAYMENTS AND UNDERPAYMENT.

`SEC. 7451. FEE FOR FILING PETITION.

TITLE III--OTHER MATTERS

SEC. 301. PHASE-OUT OF ADMINISTRATION OF REPEALED FEDERAL TAXES.

SEC. 302. ADMINISTRATION OF OTHER FEDERAL TAXES.

SEC. 303. SALES TAX INCLUSIVE SOCIAL SECURITY BENEFITS INDEXATION.

. It may dull and dry reading, but at least you will see for yourselves how dangerous this really is.

Or not as the case may be.