We all know that while Nellie may 'talk the talk'; he 'walks the walk' and votes with kennedy, kerry & klinton.
Posted on 08/15/2006 4:01:51 AM PDT by JulieRNR21
So, all four GOP Senate candidates favor the fair tax. Harris, a congresswoman, and Monroe, the former chief operating officer of the Federal Housing Administration, appear to have the strongest understanding of the complex plan.
Democrat U.S. Sen. Bill Nelson, who hopes to fight off a challenge from whomever wins the GOP primary on Sept. 5, is so far not committed to supporting the fair tax, even though he favors some type of tax reform.
So, all four GOP Senate candidates favor the fair tax. Harris, a congresswoman, and Monroe, the former chief operating officer of the Federal Housing Administration, appear to have the strongest understanding of the complex plan.
Democrat U.S. Sen. Bill Nelson, who hopes to fight off a challenge from whomever wins the GOP primary on Sept. 5, is so far not committed to supporting the fair tax, even though he favors some type of tax reform.
"We control the common good for necessary expenditures on goods."
So how does this writer figure that Harris and Monroe have the greatest understanding of this 'complex' plan? It's not complex at all, and in fact Monroe seems to be making it more difficult than it is.
Harris is right, those deductions won't apply, since you're not being taxed on those activities in the first place.
"There's another reason why the fair tax might not seem so fair to some people -- corporate taxes would be abolished. That means consumers, not businesses, would pay 100 percent of the taxes to keep the nation afloat"
Whoever wrote this piece misses the fact that businesses do not pay taxes. Corporate taxes are part of the cost of doing business, which is passed on to consumers. Consumers already pay corporate taxes.
To comment on this story, send an e-mail to Greg Fox.
gfox@hearst.com
Since when does a tax exemption (the prebate) become Marxist Socialism? Please step away from the acid...
I agree....And Monore's statement actually sounds rather negative.
While Harris focuses on the plus side:
"I advocate tax reform everywhere I go and I talk about the fair tax. What's going to be important for your viewers is that they understand it because the liberals who demagogue and say, 'You don't get your mortgage interest deductions or deductions for charities for other things,'" said U.S. Rep. Katherine Harris.
"But the fact is, you're going to be keeping so much more of your money. You'll have far more to donate. You'll have far more to do anything you wish. It will be a tax not on your entire earnings. There will be nothing taxed on your earnings. It'll just be a tax on what you spend."
Jeez, are you telling me I have to vote for Nellie???
Typical Nelson..., feet dancing lightly..., waiting to determine which way the wind will blow (the story of his life)!!!
We all know that while Nellie may 'talk the talk'; he 'walks the walk' and votes with kennedy, kerry & klinton.
Tracking and verifying 300 million people so that they can send out 100 million prebate checks every month and trying to fight fraud and keep addresses current is not a simple job. Monroe is exactly right, it is much more complex than fairtaxers let on.
Typical Nelson..., feet dancing lightly..., waiting to determine which way the wind will blow (the story of his life)!!!
Has been since his days at Melbourne High School almost 50 years ago (Nelson graduated in 1960)...
We're already doing it. It's no big deal, especially if we use a debit card system.
The government is already redistributing $600 billion and sending out 100 million checks monthly to every household?????
It may not be simple but think about it this way - if you want your prebate check you will need to prove you are a legal citizen. All the illegals will be exposed or they will just not get their prebate.
Sounds good to me.
Bill Nelson is a smarmy worm. He will coast to reelection this November, and should the fair tax come up for a vote in the next Congress, he will vote against it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.