Posted on 08/12/2006 5:59:58 AM PDT by Man50D
"...even under the strong assumptions made in H.R. 25 - no avoidance, no evasion, no legislative erosion of the private consumption or the state and local government consumption and investment purchases tax base – the NRST would still require a 31 percent tax-inclusive rate (44 percent tax-exclusive) to be revenue-neutral and hold government programs constant relative to current law over the next 10 years." --Gale, William, The National Retail Sales Tax: What Would The Rate Have To Be? April 2005
Bad news for the NRST promoters and their universal welfare scheme.
Greenspan "for sure, absolutely, definitely, without a doubt postively and whole heartedly endorse a consumption tax" in the same way that he "for sure, absolutely, definitely, without a doubt postively and whole heartedly endorsed" fixes to the income tax rules.
Did you read his speech?
Don't you know that quoting Gale is like Gene Sperling's analysis of tax cuts? Neither one has a clue.
Do you know who Gene Sperling is? Was?
Google
You posted it yourself madam. Greenspan made the statement. Get over it. He is in favor of a consumption tax. yada yada yada.
Spam alert.
Retailers would be intimately involved with the FairTax, they would collect it, be paid to collect it, and have their own income taxes reduced by it. According to the FiarTaxers their sales would go through the roof and one would assume profits too; it might be wise to seriously consider why they would be against it. It just wouldn't make sense that if they have so much to gain they would commission a study to trash the FairTax without good reason.
Conversely, the American Farm Bureau, one of the largest special interest groups on the government corporate welfare dole is for the FairTax. Why, if their interests are better served by the status quo, would they support the FairTax?
You can call me all the names you want, disparage my arguments and intelligence, but those are valid questions. If you don't seek real answers, not just accept the "they're agin it cause they're agin it" FairTax answer, you could wake up one morning finding that you've been royally screwed and wondering what happened.
Businessmen versus cultists with visions of monthly welfare checks in their eyes.
A businessman has to solve actual problems, and do the books, the cultists need only believe in the free lunch.
SQL=Stuck Quoting Linder
again, ad nauseum.
ONe retailer I know personally runs the local hardware store. High traffic, small to large purchases.
He has copies of the Fair Tax book at the checkout counter.
And that proves?
So far that I know one more retailer than you do. Anything you'd like to prove?
... that the retailer has some sense unlike you and your cronies who pick up what the others use for attacks and continually repeat them without understanding what's being talked about.
A "57%" tax rate (NRF hitpiece made many years ago and not even reviewing he FairTax) when the truth is that NO TAXPAYER WILL EVER PAY HE MARGINAL 23% (ti) RATE UNDER THE FAIRTAX. Instead they merely continue the pretense that everyone will pay the full marginal rate on everything he buys rather than subtracting the untaxed things.
A second bit of claptrap is the claim that a tax rebate (so identified in the bill) is somehow an entitlement. As we've seen, weak (or nonexistent) arguments are better than none they seem to think. You'll frequently see them dredge up old, discredited argument as though they were some newwly found pearl of wisdom. It's actually funny.
SQL = Still Quoting Lies - again, from your side.
That from a guy who presents economic arguments without a clue that economics is a social science.
You'll frequently see them dredge up old, discredited argument as though they were some newwly found pearl of wisdom. It's actually funny.
Not in several threads have I seen any of them put forth a new argument. With them it's always the same old arguments followed by them slinging labels such as cult, socialist, Marxist, etc. The funny thing is, they protect the cult of socialist, status quo agenda. Their projection is a rather common tactic by discredited losers.
Guess you haven't been to the FairTax web site. The FairTaxers cut and paste responses to objections from the FairTax web site. They can't even make up their own insults. Glad to see though, that PD has stopped cutting and pasting the "good quotes".
Their projection is a rather common tactic by discredited losers.
LOL! You said it!
What's your point??? Or do you really have one? Do you somehow find a comment such as yours relevant to the FairTax or do you just enjoy seeing your screenname in print???
"... discredited losers ..."
I see that Zon has identified you exactly ... and you've done it to yourselves.
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