Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: pigdog
So you might as well stop your Chicken Little economics since you're obviously not well equipped for that academically.

You keep posting the same sorry discredited garbage as though it were the gospel and never address the root problem, that it is obviously illogical to expect the FairTax plan to miraculously boost everyone's purchasing power by 25%+ .

The fact that you continue to say that employees will keep all of their paychecks including the taxes that are currently withheld and that prices will also stay the same is so clearly impossible to justify that it is no wonder that you wave your arms and rant and rave and get personal about this, and trot our your tired pseudo-arguments.

Of course it is not about ME, it is about millions of people like me, and those that work for us that are being sold an illogical bill of goods by your FairTax crowd. Some of them understand that there is an inconsistency and are dishonest, others are just too enamored to even think that there might be a double counting going on, and others are just not informed enough to have a real opinion.

It is difficult to tell whether ignorance, dishonesty or fanaticism are at play with some of you.

Why don't you respond with your answers to the exact points I raise in my letter rather than trotting out your irrelevant canards?

109 posted on 08/23/2005 10:15:47 AM PDT by RobFromGa (Afghanistan, Iraq, Iran-- what are we waiting for?)
[ Post Reply | Private Reply | To 88 | View Replies ]


To: RobFromGa

Miraculous??? No - just simple economics which you can't/won't understand. None of the SQL (Status Quo Lover)tribe can afford to admit that there is any such thing as embedded tax costs since it destroys your arguments about people having lower wages, prices being higher, etc. IOW - your whole premise goes to hell in a handbasket (not to mention your letter to start this vanity thread).

With embedded tax costs, you see, their removal from prices caused prices to drop and even with the FairTax added on, prices - including federal taxes - will be about the same as they are now (or maybe a bit lower since right now the revenue neutral rate runs about 19% rather than 23%). Your points have been responded to in these threads many times and always have been shown to be illogical malapplication of economics and/or logic.

There is nothing dishonest about the FairTax bill and the benefits it offers the economy. You merely choose not to believe it based upon your mistaken beliefs. Wage-earners will have more money, prices will drop, and the economy will greatly benefit - not due to YOUR business but due to the help given to export businesses, repatriated capital back into the US, and increased tax revenues gained from the illegal economy ... among other things.


147 posted on 08/23/2005 12:34:32 PM PDT by pigdog
[ Post Reply | Private Reply | To 109 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson