Anything other than an amendment to repeal to begin makes your scheme a nonstarter.
And since I am not attempting to "delay" anything, you are once again, off base. You cannot delay that which will never happen.
But nice try Charlie.
Posted on 11/10/2005 3:18:48 AM PST by Man50D
Since 1954, the size of the United States' tax code has increased by almost 500 percent. Tax regulations created by the Internal Revenue Service have increased in volume by 939 percent, and in April 2006, Americans will spend a combined total of 6.5 billion hours, at an estimated cost of close to $500 billion, in order to simply pay for the privilege of footing Washington's bill.
It is time for the FairTax.
Perhaps you have heard of the FairTax by now. It is a comprehensive plan for the dissolution of the IRS that would replace all income taxes with an embedded personal consumption tax. According to the website of Americans for Fair Taxation (www.fairtax.org), the FairTax would abolish "personal, estate, gift, capital gains, alternative minimum, Social Security, Medicare, self-employment and corporate taxes." In their stead would be a 23 percent national sales tax on all consumption goods: a simple, one-time tax that is collected at the retail level.
However, the FairTax is unlike the current sales taxes that exist in this country. These taxes are imposed on top of embedded income tax and compliance costs. In the FairTax Book, written by libertarian radio personality Neal Boortz and Congressman John Linder, a loaf of bread is used as an example to illustrate these hidden costs. For every loaf of bread, the seed producers pass tax costs onto consumers. The shipping company does too. In fact, processors, bakeries, distributors and grocery stores all pass a portion of their income tax burdens onto consumers, no matter how rich or poor they are. Eliminating these costs initially, by eliminating the income tax altogether, would reduce the market price of all products by an average of 22 percent.
Don't take my word for it, though. Take the word of the Harvard Economics Department.
So when these costs are abolished, the FairTax is added and returns the prices of consumption goods to - you guessed it - exactly where they are today. The difference is, of course, that people who are purchasing these things keep every last penny of their paychecks. For low-income families, this would mean an immediate average increase in pay of 25-30 percent.
If you are trying to think of ways in which to oppose this plan, I need to know one thing: why?
The federal government would still steal - I mean, collect - the same amount of tax revenue as it does today under the FairTax. The FairTax does not cut funding from any cherished socialist programs like welfare or Social Security. It is merely a new way for the federal government to pay for its existence.
But wait, it gets better. The FairTax Act of 2005 (yes, it has already been written and is ready to be passed) also contains mechanisms for a "prebate." Based on government figures, the federal government would calculate the "annual consumption allowance" of a household - that is, the amount of money that household can be expected to spend on the necessities of life for that year - and refunds the money. Every household in America gets a tax refund, every year.
In case you had not noticed, wealthy individuals tend to spend more money than poor individuals on consumption goods; thus, the wealthy would end up paying more in taxes than the poor. Most people seem to like this idea.
Finally, the economic impact would be astounding. Driven by the "increasing burden of taxation and Social Security payments, combined with rising state regulatory activities and labor market restrictions," American businesses have been seeking out "tax havens" in other countries with much friendlier tax structures. The media buzzword for this phenomenon is "outsourcing," and believe it or not, our government has been causing it all along.
Passing the FairTax Act would make the United States the "only nation in the world whose companies could sell into a global economy with no tax component in the price system." Companies would rush to bring jobs back to the United States, and their American workers would keep all of the money they earn.
The FairTax is a typical libertarian solution to a greater social problem. Instead of promising more regulations, like many Republicrats typically do, we reduce them. It is a novel concept, I know. The results would be revolutionary.
The FairTax is not a panacea. It does not lower taxes, and it does nothing to curb the spending orgy the Republicrats have been having in Washington. It does not stop pork barrel spending, nor does it re-evaluate how federal money is spent. The responsibility for affecting change in those areas falls squarely on us, as voters.
However, the FairTax would be an enormous stake in the heart of the monstrosity that is the IRS. The thought is enough to make any libertarian smile happily and sleep better at night.
We need the FairTax now.
Scott Wagner is the president of the College Libertarians Club. He writes political satire for the Web site The Enduring Vision and thinks you should go read it. He can be contacted at swagner1@nd.edu
Anything other than an amendment to repeal to begin makes your scheme a nonstarter.
And since I am not attempting to "delay" anything, you are once again, off base. You cannot delay that which will never happen.
But nice try Charlie.
Sorry, but I'm not Charlie. He's your pal.
You've got it exactly backwards ... an attempt to repeal the 16th first would completely prevent the FairTax from ever coming into being. For about 100 years no one has been able to repeal it despite a number of attempts.
Your position is that 100 years of failure to repeal the 16th is suddenly going to switch around is nonsense. It will be repealed, but only once the FairTax becomes law which will help get it repealed.
Never going to happen. And even less likely under your childish scenerio Charlie.
That PROVES you can't read. Already told you I'm not Charlie.
No wonder you can't read the FairTax bill. You can't even read the posts on this thread.
And you haven't told us by what method you expect the 100 years of unsuccessfully attempting to repeal the 16th to be dramatically changed. Magic? Bribery? Because you say so? You weren't even born when the income tax started, so you've been avidly following it ever since???
This is obviously merely an attempt on your part to try to delay the implementation of the FairTax ... just like so many of the libs on these threads. No question about it, you're one of the Status Quo Lovers.
That PROVES you don't tell the truth. You ARE Charlie.
At first I thought you were Elmer Fudd, then I thought your were Mortimer Snerd, now I know you are Charlie Rangel.
This is obviously merely an attempt on your part to try to delay the implementation of the FairTax
As previously explained, your scheme hasn't been passed, so that would have to happen before it could be implemented. And since it will never be passed, there would be no delaying it.
It's a dream for you pigdog in a pokedog.
No question about it, you're one of the Status Quo Lovers.
No doubt about it, you are Charlie Rangel. Or maybe another demented Charlie,,,,,
If it will (in your words) "never be passed", then what are you so worried about???
Obviously you know that's it's probably going to be passed and you're merely struggling to keep it from being passed by using the red herring of the 16th amendment.
The rest of your childish post is not worth commenting on. You Squirrels are SO alike it's funny!
I'm not in the least bit worried. About that, or anything else. I'm old enough to realise that these things work themselves out.
Your fairy tales might be comforting to you, but it's all an illusion.
I'll be OK no matter what happens. They are going to steal the money one way or the other.
Now, you really should get a grip on yourself, you have been getting ribbed and worked over for a many many posts now. Don't take life so seriously, you don't "get" it anyway. Lighten up Francis.
Great - then you won't mind at all when it is passed, becomes the tax law of the land, and allows us to finally - almost 100 years late - to repeal the 16th amendment.
Glad to hear it. How about you now stop wasting our time with the nonsense posts then? You indeed don't sound very old to me so saying you're "old enough" doesn't ring too true. You're probabnly under 60 aren't you youngun? Just a kid!
Who do you think has "worked me over"??? Surely not you, and I certainly see little or no humor in any of the posts you've made - but a lot of silliness.
Your lack of humor equals your gullibility on the nonsensical "Fair Tax" hallucination.
And you still haven't presented your "logical reasoning" as to why and how the 16th amendment would be repealed before passing the FaairTax ... nor have you prdicted how many more decades that might take since it's taken almost 10 decades already.
Tell us about your "magic bullet" that brings this about.
In case you haven't noticed, it's just you and I here, as usual.
Very few people care about your delusion.
I would like to receive mine before Christmas, please ;-)
Nah. A lot of us monitoring. Pigdog = fiddler. Protag = fiddle.
"Toying"??? All you're doing is ducking the issue I posed and which you refuse to answer.
And despite your claim about you and I being the only ones on the thread that isn't going to last too long as you'll see (or already have).
As for the HR25 bill being a "delusion" you obviously don't know what delusion means. You should read the bill so you don't appear to be so ignorant.
Actually you get the prebate every month as it says in the FairTax bill. Typically it would be wired directly to your bank account which is frequently what the government does with its disbursements.
Pig = Piper. Groaner = rat.
LOL
You'd better get back to your junior high class. They might miss you.
You've truly presented a childish set of posts without answering the questions posed to you - just lame attempts to duck them.
I have no intention of playing your little game, I play my own game. My game is irritating you. It's really fun.
And watching you continue to post to me in a goofy effort to bump your thread because no one cares, is humorous as well.
Poor desperate little guys,,I kinda feel sorry for you. Kind of like a stray dog,,,,or pig. LOL
We'll you sure are amusing the rest of us.
"A wise man can see more from the bottom of a well than a fool can see from a mountaintop."
There's a whole web-site about the fair tax. Did you know that?
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