[Eaglewatcher]

A real life example of the benefits of the FairTax. Not intended to take management the unions or the government off the hook for the current mess. Just looking at a solution that is available.

[PAR35]

A crock.

How much tax do you think GM and Ford are going to pay with the losses they are running.

They aren't getting bankrupted by taxes, but by pension liabilities. (And to a lesser extent, health care liabilites).

If this is the way fair taxers think, you have to question everything they say.

[lilylangtree]

Suggest taxing the oil companies for their gluttony of profits to help out the auto industry since they're intertwined with each other.

[Fido969]

Supporters of a Legislative package commonly called the FairTax, point out that no other tax reform and replacement idea comes close to providing the economic benefits for American working families and the growth of American Manufacturing

What are you, smoking dope? American manufacturing LOSES MONEY. It doesn't pay income tax, BECAUSE IT DOESN'T HAVE INCOME.

And since the Scam Tax, sorry - FairTax(tm) taxes consumption, manufacturers of consumer goods will bear a disproportionate burden of the ScamTax(tm).

But then again, logic is not a strong point for you guys.

[Bigun]

Mr. Bender is spot on target across the board with this one!

Our current communist inspired tax system is monster killing our manufacturing base and far to few realize it. Mr. bender isn't amoung them obviously!

Great post!

[RobFromGa]

From an American worker stand point, the key point is that the Fair Tax helps save American jobs and promotes American Manufacturing that stays on U.S. Soil. It allows American workers to take home an average 30% larger paycheck each and every week by eliminating any federal withholding for income tax or payroll tax from an American workers paycheck. American workers take home 100% of their paycheck!!

This is not true. The economic simulations of the FairTax plan assumed that workers would not keep all of their current pay, they would keep 100% of their new smaller pay. By far the largest tax revenues come from income and payroll taxes and only by eliminating these costs from businesses can manufacturers become more competitive.

See the thread below for more details rather than rehashing the whole misrepresentation which Boortz has admitted should have been written differently. There is no "Keep 100% of your current paycheck" with the FairTax unless prices go up about 18-20%.

See this thread:

JORGENSON EXPLODES FAIRTAX MYTH (FR Exclusive)
	Posted by RobFromGa On News/Activism 08/25/2005 12:40:44 AM EDT · 702 replies · 9,117+ views

[ancient_geezer]

A Taxreform bump for you all.

If anyone would like to be added to this ping list let me know.

John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.

H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.

Refer for additional information:

• search: "national sales tax" OR "national retail sales tax" OR "fairtax"

[spikeytx86]

Here is the real intention of the fair tax, a tax of 30% on goods and services will be avoided when ever possible and our revenues will be cut in half. They hope this will push legislators to slash government spending I.E. starve the beast to a level where a tax of 10 or 15% can be levied to pay the bills. Personally I support the idea of starving the beast, but the truth is it dose not work.We have cut taxes repeatedly yet we have escalated spending. The same would happen here. They pass the tax off as "Revenue Neutral" but in reality they are starve the beasters. And that is cool. I will help you hold him under but for peat's sake come out of the closet already. Corporations are not going to eat the tax, eliminating corporate taxes will not cause prices to drop 20 or 30% it will at most cause slight deflation. If ford and gm want to survive they need to make a car people want. They do have high overhead but that is not the problem, the problem is there products suck and President Bush hit that right on the head.

[Your Nightmare]

Here is GM's CEO, Rick Wagoner's, take on his industry's problems. Funny, not one mention of taxes.

[Tempest]

I say cut all the executiv benfit packages out. slash their wages by 80% and no government bailout.