Since the NIPA data sets (from which the consumption tax rate is established) does not include unreported transactions of the cash underground nor of illegal trade, only the reports of legitimate businesses in their normal reporting requirements for government and investors.BUT THAT'S NOT WHAT WE ARE TALKING ABOUT, IS IT? What we are talking about is people ordering stuff online from Canada to avoid the tax. We are talking about people starting personal businesses to evade the tax. We are also talking about the INCREASE in the underground trade DUE to the FairTax!!! Do you really think you can put a 30% tax on goods and there not be an INCREASE in the black market? Come on. Take a trip on the clue train!
But then you already know that as it has been pointed out to many times before.It doesn't matter how many times you say it. Repetition doesn't make something true.
Like I said, and you continue to demonstrate today, your MO is to take the narrowest context, play on lack of knowledge and construct strawmen comprising you whole style of argument.And your MO is to steadfastly deny what is obvious to any reasonable observer (in this case, Treasury). You did this with Jorgenson for literally YEARS!
BUT THAT'S NOT WHAT WE ARE TALKING ABOUT, IS IT? What we are talking about is people ordering stuff online from Canada to avoid the tax.
So they can pay higher Canadian income/payroll/gst/excise taxes embedded in stuff online, evading U.S. taxes more than they do now? Sure you may get some to buy that one, I don't.
It doesn't matter how many times you say it. Repetition doesn't make something true.
So again you demonstrate your MO, making a truism, this time for misdirection by failing to stating broader context.
For the reality is the facts make it true, and repetition has only been necessary as a consequence of your repeated denial of facts.
http://spruce.flint.umich.edu/~mjperry/Unit10.html
PROBLEMS WITH GDP -
2. Underground economy - could also easily be another $1T, or 10-15% of GDP from prostitution, drug trafficking, gambling, smuggling, illegal gun sales, tax evasion, etc. Also unreported cash income from cash business - taxi drivers, waiters/waitresses, bars, craftspeople, carnivals, fleas markets, illegal immigrants, etc.
And your MO is to steadfastly deny what is obvious to any reasonable observer (in this case, Treasury).
My MO, of necessity has been one of continually correcting your deliberate mistatements and misrepresentations. But then you know that as well. So yes I certainly deny your propaganda, and will continue to do so.
When a government agency has a great deal invested in the status quo I certainly do look at a broader range of facts rather than a narrow rehash of prior misinformation from many sources.
You did this with Jorgenson for literally YEARS!
Interesting I do not recall that Jorgenson ever claimed that GDP would not increase, or that the total price that consumers would pay would not decrease giving them a measurable benefit over replacing just the income tax system with a generic national retail sales tax system.
Quite the contrary. Jorgenson claimed a broad range of effects in replacing just the income tax alone(not counting the benefit to be derived from replacing payroll taxes as well), effects include an increase in overall increase in consumer purchasing power.
But then that is something you deny to this day inspite of your knowing otherwise.
Again your MO shows through, narrow focus lacking context and playing on lack of knowledge as you always do.
"... Repetition doesn't make something true ...."
As with most of your posts, please keep your own comment (above) in mind at all times as you post.
We're not "talking" about the Chicken Little stories you raise at all - you're merely throwing them "out there" hoping that some, not thinking, will buy into the ideas.
In fact it could certainly be that to sell in the US that foreign sites will have to comply with the US tax laws and, in fact, may be forced to by the WTO agreements.
A number of threads ago (many) you rattled on and on about how you would start a business and buy all of your purchases tax free by doing so. Most of the FairTax supporters were hugely encouraging you to do that so you could feel the tender mercies of the sales tax collection authorities who - after all - have many civil and criminal penalties for that sort of thing and many states already are used to dealing with you tax deadbeats. By all means, DO IT!! And quickly.
And in fact despite the oft-repeated misstatements of the income tax loving crowd, it's not a "30%" tax on goods since (as you apparently don't know) the typical effective rate is less than that. But you income tax storm troopers like to over-hype things that aren't true.
And it's you guys trying to pretend that Jorgenson said so and so and that is has, somehow, been misstated by FairTax supporters since the only crew misstating what he said is those of you who prefer the income tax (for whatever reason).