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To: FreeKeys
Simple answer, BS. A retail product now selling for $100 will cost that $100 plus any sales tax. That is exactly the way it works now between two states, one with and one without sales tax. It will be no different with a NRST.

How do you deal with the prospect of paying a pre-index payment of 23% of the trillions in private accounts made with post tax money? The farttaxers can't and that is indeed the dagger into the heart of this socialist plan to make everybody sign up for their government basic income guaranty, aka, prebate.

BTW, stuff the graphics and the copy and paste.
26 posted on 11/02/2005 2:49:32 PM PST by Final Authority
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To: Final Authority; Admin Moderator
How do you deal with the prospect of paying a pre-index payment of 23% of the trillions in private accounts made with post tax money?

I don't know; you may have a valid question there.

BTW, stuff the graphics and the copy and paste.

I don't take orders from hair-trigger control-freak moderator-imposters who don't even have the balls to put up a profile page.

30 posted on 11/02/2005 2:57:18 PM PST by FreeKeys ("Nothing in the world can take the place of persistence." -- Israel Regardie)
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To: Final Authority
How do you deal with the prospect of paying a pre-index payment of 23% of the trillions in private accounts made with post tax money?

Most of those with "trillions" in post tax money have many more trillions in pre-tax money. That pre-tax money is suddenly relieved of any taxes or penalties. So MOST would see a blessing on MOST of their money and a possible decline in the purchasing power on a smaller amount of their money.

32 posted on 11/02/2005 4:10:24 PM PST by groanup (shred for Ian)
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To: Final Authority
A retail product now selling for $100 will cost that $100 plus any sales tax.

You are asserting that our income tax system adds no cost whatsoever to prices today. You are wrong, and appear ignorant.

Many costs associated with our income tax (which you refuse to believe exist), will no longer be in prices when they're gone (duh).

It's amusing to see someone actually say that the income tax system doesn't inflate prices.

34 posted on 11/02/2005 5:03:32 PM PST by Principled
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To: Final Authority
...this socialist plan to make everybody sign up for their government basic income guaranty, aka, prebate.

I believe that you alone, among the millions of individuals who have reviewed this plan (have you reviewed it?) are the single individual who thinks the nrst is socialist.

Are you not aware of the current income tax's ties to marxism?

Further, the prebate (not a BIG), is voluntary. Unlike filing for income taxes - which is mandatory - even if all you're doing is getting a refund.

There is no requirement at all to either file for a prebate nor to receive one. You are free to elect to not file (again, unlike our current income tax).

You really don't know what you're talking about.

35 posted on 11/02/2005 5:11:21 PM PST by Principled
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To: Final Authority

Stuff the "basic income guarantee" nonsense. You've had it pointed out about a zillion times that the prebate is nothing of the sort.

In addition the thing now selling for $100 will drop in price prior to the addition of the FairTax so it will not be "plus the sales tax" as you erroneously state. It will probably end up at roughly the same price as at present if you ignore the fact that to buy the $100 thing right now you have to earn much more than that to HAVe THE $100 to make the purchase.

With the FairTax, you actually have much more "in pocket" since you no longer have the income tax and withholding removed from your check, but receive it AND you also can obtain the prebate if you wish. YOU'RE MUCH BETTER OFF UNDER THE FAIRtAX.


Also, don't forget that the price of that $100 thing right now has been raised by the effects of cascading embedded tax costs (making you have to earn even more than you should to buy it. That goes away, too, under the FairTax.

That's a whole lot of difference. Your "double taxation" idea is a non-starter, too as several have also pointed out.


38 posted on 11/02/2005 5:37:55 PM PST by pigdog
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To: Final Authority

socialist plan to make everybody sign up for their government basic income guaranty, aka, prebate.

It's so obvious that you are wrong and don't know what you're talking about. Signing up for the probate is completely voluntary. No person is made/forced to sign up.

61 posted on 11/02/2005 8:04:01 PM PST by Zon (Honesty outlives the lie, spin and deception -- It always has -- It always will.)
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