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To: Kellis91789
If you look around the world a bit, there is no example of a "fairtax" scheme working for more than a year or two before chaos erupts. Flat Tax plans have been working successfully for upwards of 60 years (Hong Kong) where the government has been severely limited by law on what, and how much it can spend first, then how everybody ( very high compliance ) gladly pays their fair share.

Flat Taxation neither rewards or punishes, it it simply the reasonable cost of day-to-day life, security, and non-interference in the affairs of business. I can't even comprehend 180 million people becoming registered federal government tax collection agents.

Just state and local tax collection is bad enough, notwithstanding if I get lied to regarding tax exempt status, I pay the tax and a hefty fine while the schmuck skates away.

I pay sales tax in advance on uncollected debts, and get treated like a criminal when I ask for my money back. If I collect on a bad debt, I owe the sales tax on the full amount of the original sale, not on the pittance I collected after legal fees and expenses.

None of the FT's can tell you how they propose to stage a mass re-education of the public sector to change the wrong headed thinking that creates onerous bureaucratic rules like these.

The rules and regs will spin and twist and get perverted by the powerful to retain their positions.

I joked with someone that all the proposed "registered collector" numbers will begin with the number "666" and I thought the poor guy was going to have a stroke right there.

The only thing that changes with a Flat Tax other than a lower tax bill sent in with a post card, is 55,000 pages of tax code become waste paper.

167 posted on 05/15/2006 4:35:14 PM PDT by xcamel (Press to Test, Release to Detonate)
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To: xcamel
If you look around the world a bit, there is no example of a "fairtax" scheme working for more than a year or two ...

That could be because it's never been done.

Flat Taxation neither rewards or punishes, it it simply the reasonable cost of day-to-day life, security, and non-interference in the affairs of business.

Why is the flat tax different in these respects than the income tax we have? If the flat income tax neither rewards or punishes then does the income tax we have? Does the nrst? You're a little loopy here.

And why do you oppose an imaginary foe? What you imagine is, well, your imagination. Silly, really, reading posts like this.

Aren't you the one who opposed the nrst due to a lack of a transitional credit on embedded tax on inventory held at changeover? Then you read section 902- "Transitional Credit". I suppose you imagined the problem and failed to look at the nrst to see that problem is addressed. Some imagination you got.

169 posted on 05/15/2006 4:46:52 PM PDT by Principled
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To: xcamel

You haven't addressed any of the issues that prevent me from supporting a Flat Income Tax.

And you do realize that most of the 55,000 pages are concerned with simply DEFINING income, right ? That is where the politicians get their power, and unless that is defined ONCE, simply, and then the power to refine is taken away from the politicians, those 55,000 pages will back in a decade.


178 posted on 05/15/2006 5:38:20 PM PDT by Kellis91789 (I don't make jokes. I just watch the government and report the facts. --Will Rogers)
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