Posted on 10/12/2005 8:39:34 AM PDT by pigdog
TAX REFORM COMMISSION? YEAH ... RIGHT.
The president's so-called tax reform commission telegraphed its intentions several months ago when members stated that they were not going to recommend a full reform of our federal tax system, rather they were going to recommend some incremental reforms. The The FairTax Book hit the book stores and debuted at No. 1 on the New York Times Bestseller's list. Politicians and other Beltway denizens told co-author Congressman John Linder that the success of The FairTax Book was a certain indication that the people of this country were in the mood for wholesale reform. Who knew?
Now we're starting to get an indication of what the tax reform commission is going to recommend. It's very simple. Tax increases, not tax reform.
(Excerpt) Read more at boortz.com ...
"c)." Show us a 10-year window of all of he flat tax-only countries that have thrived as you claim. Yeah - right!! Border adjustability in the US would drop exporters prices substantially and put us on a more equal footing with the VAT countries which have such adjustability.Show us a one year window of NRST-only countries that have thrived.
Country Estonia Georgia Greece Hong Kong Latvia Lithuania Romania Russia Serbia Slovakia Ukraine
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"d)." It has always been cascading embedded tax costs, Nightie, and it's a damned shame you know nothing about them since they do exist and were a big reason that many of the VAT countries converted to VATs - to try to eliminate such costs and make their own products more competitive in other countries.They had business turnover taxes which is a cascading tax. Try and understand the difference.
"g)." The flat tax is LESS susceptible??? Balderdash. Look at the flat tax presently befopre congress and notice that is is laid on top of existing tax laws. A statement like that either proves your crass stupidity or your intentional attempts to mislead people - you may choose.Considering that there are at least two Flat Tax bills before congress that aren't "laid on top of existing tax laws," who's trying to mislead?
"i)." With a flat tax on top of the existing tax code, it is a certainty that the result would be the antithesis to a "booming" economy; i.e., a failing one.That's why I support replacing the current code with a Flat Tax.
Anyway, it appears that this tax reform commission will bring us more of the same incremental tax increases, using the tax code for social engineering, and continuing to foster the whole income tax, accounting and tax lawyer industry.
Obviously you haven't read this thread, then. Posted on #99, qv.
For all the fuss conservatives are making about 1 judge nomination, I am stunned that there has been almost no reaction to the leaks coming out of this commission. Why can't we get conservatives to mobilize on this tax issue and get something great done that will rocket our economy forward for the next 50 years? Conservatives are nuts to think that getting their pick to the court will make a bit of difference. It's not like that will bring us back to constitutionally limited government any time soon. I'm all for getting good judges on the court, but to use Roe v. Wade as an example, the best outcome would be to overturn it, which will leave it to the states, most of which will still allow abortion. Compare that to the economic freedom something like the fair tax would bring us. That would bring about a more meaningful shift in power to the people that the court could give us in decades of decisions. I think that is where our conservative leaders fail us; they are not against government control, they just want to be the ones to weild it, making them only marginally better than the liberals. Support the fair tax, give the power to the people!
Hi, gracie ... why describe yourself that way even though it's true? You must have some redeeming grace, surely.
I wasn't talking about his moivation, but the content of his observations about the flat tax. You might read them.
They did it in 1986, right? And the tax code has doubled since then. The federal budgets have quadrupled. Ain't gonna help.
You cannot make that claim since you have never supported any specific flavor of flat tax - and still don't to my knowledge ... or are you now switching your position again?
Nor can make a definitive statement that a wage tax taxes less income than the FairTax since the FairTax does not tax any income at all - only consumption. Your original point was that the flat tax (unknown which one, of course in keeping with your devious tradition) was "... just a wage tax anyway ...". My point is that it cannot be just that unles all taxation of other types of income is done away with. Show us how whatever bill you support does this - and DON'T give us a bill you do not support - or all possible bills; just the one you support.
I live in a state with both a flat tax and sales tax. Any way I look at it, the income tax is more of a pain than the sales tax.
Note that I said "before congfress" Nightie. And if not none, tell us how many pages are eliminated (and how many added by the bill since that may be an offset to those deleted if any).
Obviously you haven't read this thread, then. Posted on #99, qv.That doesn't show Russia is "now attempting to switch to a retail sales tax to eliminate the problems that have been caused" by the Flat Tax. Where is your source on Russia having problems caused by their Flat Tax?
That's GREAT, Nightie. Using THOMAS, we find for S1099: "The text of S 1099 has not yet been received from GPO" Perhaps you could post your private copy of the bill for us as well as the pertinent IRC segment.That's funny. When I go to Thomas and enter "s1099" I get sent directly to "Tax Simplification Act of 2005." If it's too complicated for you they might have a help desk.
The lessor of two evils, as usual...
I see you haven't changed. Still full of unnecessary and factless insults.
The reason you guys will never see your dream fulfilled is because you insult those who aren't willing to drink your koolaid, even when they agree with something you believe.
In this particular case, I was criticizing the committee for their oxymoron "incremental reform". Now, you're obviously against what the commission appears to be doing because they are rejecting your precious NRST, but you were still compelled to made a snide remark against me.
But if that kind of behavior floats your boat, go ahead on that losing path. You'll just grow old and die, and never realize that you were your own worst enemy.
As you know there is no country that has a tax system that even begins to approach the FairTax either in how it operates or in the economic benefits it offers. Not even you Most people cannot present one year results on something that has not been in operation for one year, but one year after the FairTax becomes law there will certainly be a very good such record - apparent to all.
Income-based taxes also contain cascading embedded tax costs as has been shown many times on these threads.
And the point is that these VAT countries converted to VATs from tax systems other than any sales tax that was at all like a FairTax system. They had tax cascading they were trying to eliminate - and that's no doubt a big reason why they did not go to a flat tax (which has cascading very much like any other income-based tax).
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