Posted on 05/05/2006 1:35:32 PM PDT by RobFromGa
10 year old data, invalidated by the Bush tax cuts.
Sorry, no cigar.
Your claim that the current income tax code is more visible than a retail sales tax would be removes any chance at credibility you might have.
Not that you've ever had any around here.
The basic facts haven't changed in ten years.
The FairTax is superior to any kind of communist-inspired income tax in every respect.
Unless you're a statist and love the slave tax.
Spending hundreds of billions of dollars per year on totally inefficient and wasteful compliance with an antiquated communist income tax is "good economics" according to you?
Granting foreign companies massive advantages over our firms, not only globally but in our own market, is "good economics"?
You must have went to Clown School.
How can you ensure with your proposal that the govt won't interfere with it in the future??
Your claim that the current income tax code is more visible than a retail sales tax would be removes any chance at credibility you might have.Explain to me how the the $350+ billion in FairTax the state and local governments would be paying on their purchases and the wages of their employees would be "visible" to a person buying something at retail.
Your entire #59 amounts to nothing more than rearranging deck chairs on the Titantic, unfortunately.
We need to junk the whole communist-inspired mess and start over with an efficient twenty-first century system that treats everyone equally, maintains privacy for the individual taxpayer, and is simple and visible.
The only way to do that is with a national retail sales tax, AKA the FairTax.
There is no other way.
Visibility is one of the many great features of the retail sales tax.Apparently you live in California. California has a variety of state and local sales taxes on a variety of goods and services. The Sales Tax rate and amount are printed on every receipt. You apparently think this visibility help you know how much tax you pay.
How much did you pay in retail sales taxes last year?
As usual, you're straining at gnats and swallowing camels.
I see you're still in tenth grade with your buddies.
You intentionally miss the point. It isn't the total amount that is important to remember. It is the percentage of my purchases. It gives me a mark to gauge my elected representatives by.
How much did you pay in income taxes? Don't forget anything when you answer...
Basic economics?Hundreds of billions of dollars are not "spent" every year on compliance. If you understood basic economics you would know that when an economist says "cost" he doesn't mean money out of pocket (that would be an "expenditure"). To an economist, people reading this thread "cost" several thousand dollars.
Spending hundreds of billions of dollars per year on totally inefficient and wasteful compliance with an antiquated communist income tax is "good economics" according to you?
If you don't think the billions of manhours Americans spend on the income tax has any value, you must be a Democrat.
As usual, you're straining at gnats and swallowing camels.As usual, you failed to answer the question so I will repeat it. "Explain to me how the the $350+ billion in FairTax the state and local governments would be paying on their purchases and the wages of their employees would be "visible" to a person buying something at retail."
Except for the part that's not, like the federal taxes the state and federal governments would be paying (more than twice the current "hidden" corporate income tax) and would be "hidden" in our state and local sales, income, and property taxes.Not to mention the 20+% increase over and above their own (inadequate) calculation of the actual amount needed for revenue neutrality to pay for their NEW (GAG!) "prebate" entitlement.
If you don't think the billions of manhours Americans spend on the income tax has any value, you must be a Democrat.How long did it take you to do you taxes this year?
Minus the prebate feature, antis exactly like yourself would just be whining about how "unfair" the tax was to the poor.
FairTax designers made every effort to make the tax base as broad as possible, specifically to keep the needed rate down.
As in all things in life, there are trade-offs. This one was judged to be needed to take the edge off the arguments of the Leftist attackers. In a perfect world, it wouldn't be needed, but unfortunately the country is full of people like you and your negativist friends.
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