To: pigdog
Most art collectors but OLD things. And since "new" art is "investment", then there shouldn't be any tax on it...right? And no, I never have and never shall buy any "new" art; so it's a moot point! :-)
There really ARE a lot of people who inherit and/or only buy "old" ( we call 'em antiques; dear ) furniture. And if you buy really good things and don't follow fads, you NEVER have to replace them.
But the Federal Government is massively expanded by the so-called fair tax and you just agreed with me that that is so! CITIZEN TAX COLLECTORS! All of a sudden, the person who cuts you hair ( unless you do it at home ), babysits your kids, resoles your shoes, etc. is an arm of the Federal Government. HOOOOOOOOOOOOOOOOOOOORAY ?
Double, triple and more taxation oh things is what's so wrong about the death tax! And GOD willing, the damned death tax will be done away with permanently, soon!
To: nopardons
The Federal government is not only not massively expanded by the FairTax, it is actually shrunken to a more reasonable size. In fact, the Federal Government will have 115,000 IRS employees that would make very fine border guards or, better yet, some honest employment in private businesses and the $11 billion budget for the IRS (along with their existing surplus computers, office equipment, etc.) would evaporate.
As for "art" and "antiques" being investments they may or may not be, but since we know there is no such thing as a "new antique" that is not even an issue. Since you're not interested in "new" art, that also disappears.
Used, previously taxes items are not taxed under the FairTax so why even raise the issue of antiques??? Makes no sense. The massive expansion of tax collectors you envision is simply nonsense. A barber certainly is performing a taxable service but is hardly an "arm of the Federal Government" as you envision as I pointed out to you in another response and I told you WHY this was the case.
As for the death tax, it also (plus some other taxes) is eliminated by the FairTax. I really suggest you read the bill or spend some time on the FairTax website.
230 posted on
12/14/2005 7:40:52 PM PST by
pigdog
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