To: Always Right
"And so are you going to abolish Congress..."
I wish they would. Abolishing Congress would make a lot more sense then this "Fair Tax" plan. This is just a back door path for anarchist looking to instigate a taxpayer rebellion to crash the federal government.
12 posted on
11/10/2005 5:25:47 AM PST by
ARCADIA
(Abuse of power comes as no surprise)
To: ARCADIA
This is just a back door path for anarchist looking to instigate a taxpayer rebellion to crash the federal government.That comment misses the mark as far as any I have seen. The present system IS causing a taxpayer revolt. That is what the FairTax is about, stopping the revolt by eliminating the cause.
23 posted on
11/10/2005 9:01:40 AM PST by
Mind-numbed Robot
(Not all that needs to be done needs to be done by the government.)
To: ARCADIA
It maybe a backdoor approach to abolish congress but in reality the farttax is a way to impose sales taxes on retirees who have post tax investments to spend and have planned on financing their retirements otherwise at a very low marginal income tax rate.
Already members of congress have considered how to compensate in advance those who have put aside money post tax if in fact such a sales tax was implemented. It has been labeled a pre-index payment. Such a payment would totally bankrupt the US treasury as the payments would be in the many hundreds of billions. Because of that, and the effect of not doing that, the farttax is DOA in congress.
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