Posted on 11/02/2005 10:09:04 AM PST by Eaglewatcher
Sure Big Mo ... all 75 of those guys are kooks, koolaid drinkers, spammers, etc.
Sure.
But at least you're not, right?
Looks to me like another Squirrel has climbed down out of the tree. I see he's but another of the left coast loonies.
And what plan is it you propose as an alternative to the FairTax???
They're the ones who have been spamming the site? I didn't even know they were members.
I haven't altered the quote since under the fairtax his paycheck IS 100% of his gross. Under the income tax - as most who work for a living know - it's a whole lot less than 100% (or even 90 ... or 80...).
Why do you feel the need to misstate it?
Too funny. ,p> You've just made yourself irrelevant. Pity. Bye.
If you decide to reincarnate yourself on this forum, please do it in a manner that most of us can understand, we aren't as smart as you, of course.
Oh? The massive new national sales tax wouldn't come out his pocket?
Those were you're terms to describe them, not mine ... did I leave of the </sarcasm> end tag???
Shame on me.
Shame on you, too, for trying such a moronic game. Your mother should take your keyboard away before you hurt yourself.
You don't want me quote the Fair Tax spam anymore?
The discussion was about the paycheck - or perhaps you didn't grasp that fact.
Would you rather talk about taxes? If so, what plan do you think we whould have since you apparently don't care for the FairTax?
It's your, not you're. Glass houses, that kinda thing.
And if you can find a post where I called them kooks or koolaid drinkers, please point it out.
The money a worker receives from his paycheck isn't reduced when he gets slammed with a massive new national sales tax? Is it "revenue neutral" or not?
Oh, louey SQL lynn is trying to get smart here. Well how about that? It seems to me that every time a new thread is started about the fair tax that louuueeeey comes aboard with his vitriolic statements about how we are all kool aid drinkers and are selling snake oil. And now we are supposed to be intimidated by his accusations of "everything is personal"?
Leeeeewwwwie, you aren't even a lightweight here. You're a no-weight. You haven't offered any rational reason for the demise of the fair tax in at least a year that I can remember. You are, as a matter of fact, totally devoid of any alternative to the tax code as it stands now. One can make all sorts of assumptions about your source of revenue but those assumptions would almost have to include that the current tax code is significant in that revenue.
Lurkers and posters: lewislyn is now going to give us his much thought out and long awaited alternative to the current tax code. And if he doesn't, I suggest we tar and feather him and ride him out of town on a rail.
Oh no!!! I want you to quote the fair tax spam! We wait with bated breath for you to quote the "Fair Tax spam". Your quote should come across at any minute I'm guessing. We wait.
Again?
OK
We are not calling for elimination of federal taxation, which would be irresponsible and undesirable. Nor does our endorsement call for reduced federal spending. The tax reform plan we endorse is revenue neutral, collecting as much federal tax revenue as the current income tax code, including payroll withholding taxes.
Same amount of taxes, same amount of spending.
Same old endless spam.
lewislyn is now going to give us his much thought out and long awaited alternative to the current tax code.I seem to have a huge effect on you though...I have many more posts from you to me (that I almost never read because I know the subject is always about me) than there are from me to you...----
you aren't even a lightweight here. You're a no-weight.
It seems to me that every time a new thread is started about the fair tax that louuueeeey comes aboard with his vitriolic statements about how we are all kool aid drinkers and are selling snake oilThat's a lie...period. Morons and imbeciles yes because it's true, but I've never said you drank the Kool-aid or were selling snake oil...Though that's also true.
I think a spam tax might be fair.
And of course Dr. Jorgenson explained it so clearly he assumed the 'wages' would be their current take home pay. Your 22% embedded tax is 100% misrepresentation of the facts. You guys are nothing but lying sacks of cow manure to keep making that claim after the guy who did your research has clearly explain that your arguement is a lie. But I have come to expect no honesty from any of you guys. You are liars and snake oil salesmen. Sell the truth for once. You guys make me sick.
And that is actually a lie too. The fair tax plan actually increases spending since it chagers sales tax to federal and state government. If a teacher's salary is 40K, the state will now have to pay an ADDITIONAL 12K to the feds for sales tax, unless the state somehow gets teachers to agree to take a 23 percent wage cut. And the possibility of that happening is about zero. The reality is the fair tax analysis is a fraud and their supporters are liars. That is why the Presidential tax panel did not use any of the fair tax figures because they knew most of their assumption were crap.
With the exception of autos and houses. A significant part of the economy.
If I start house hunting , find a $200k new home, I'm looking at a $46k+ sales tax.
There is no way I'm going to buy that house.
Either I have to come up with a 30% down payment or I'm going to finance the sales tax.
The same with autos.
The new car and home market will be a thing of the past.IMHO
I would love to see the end of the income tax and IRS but I don't think this is the answer.
Another thought on the Fair Tax.
As I understand, lower income families will get a rebate check monthly from the government. That means middle income and up families will be footing the tax. Basically what we have now.
Also, how is that income computed? Who is going to compute it? The IRS? Is interest income and all the other similar sources considered 'income'?
I can see loopholes in the proposal that will require all kinds of 'amendments', resulting in a bloated tax law similar to present.
At the very least, lower the tax rate and apply it to everyone.
I hadn't even considered that. Good point.
And no interest payment deductions.
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