Posted on 05/16/2007 9:46:33 AM PDT by SittinYonder
THE RALLY WAS A TREMENDOUS SUCCESS! WHEW!
FairTax Rally Gallery Well .. you came, didn't you? Thousands of you! What a tremendous night it was last night at the Carolina Coliseum. We had about 10,000 seats curtained off, and as I looked around I don't think there were 1000 empty seats ... all of them up near the rafters. So I'll estimate the crowd at between 8,500 and 9,000. What a night! Music from Banks and Shane and the Swinging Medallions ... and appearances by Governor Mike Huckabee, Congressman Duncan Hunter, Sean Hannity and John Stossel.
The really amazing part of the rally was when we all left the coliseum with thousands of FairTax signs to march around the Koger Center .. the site of the debate. Everyone was orderly --- but if you'll look at our picture galleries you'll find that we pretty much had all of the territory covered with FairTax supporters.
Several anecdotes of encounters with the staff of presidential candidates are starting to filter through. Some McCain staffers questioned some FairTax supporters about how they got there, thinking that they had been bussed in. They seemed impressed that most of the people there had driven to Columbia on their own.
There is no doubt that this rally last night had an effect. The crowd was so large that it cannot be ignored. The two big presences in Columbia last night were the presidential candidates and the FairTax.
Thanks so much for the sacrifice you made to get there. Now it's on to Ames, Iowa for a rally on the eve of the Iowa Caucus!
That wasn't the question. THe question was, "Are you paid to monitor, reveiw, track, or inspect in any way websites for any reason?
If you choose not to answer it, I suppose we'll have to make up our own minds.
Thank you for butting out of my business.
Asking a question is not butting in - that's all I've done. I do think you're protesting too strongly though.
Why else would someone carry on about how much harder it supposedly is to calculate 25*.2987 than 25*23/77?
Payroll taxes are both inclusive and exclusive. I didn’t think I’d have to put that together for you. Overestimated, again, you were.
That wasn't the question. THe question was, "Are you paid to monitor, reveiw, track, or inspect in any way websites for any reason? If you choose not to answer it, I suppose we'll have to make up our own minds.Whether I'm "paid to monitor, review, track, or inspect in any way websites for any reason" is not relevant to the discussion and it's none of your business. This is just another one of your ad hominem attacks.
Payroll taxes are both inclusive and exclusive. I didn’t think I’d have to put that together for you. Overestimated, again, you were.I still have no clue what you are getting at. Are you agreeing with me?
Yes it is relevant. If it colors your positions here, it is obviously relevant.
...it's none of your business...
You don't have to answer.
This is just another one of your ad hominem attacks.
Sorry YN. This is no attack at all. It's just a question. Further, it is directly related to your nonsensical assertions. Why else would you assert such random unimportant details and harp on them endlessly if you weren't paid to look so... well, unimportant?
You continued it, not me. Read the post. It says if you choose not to answer we will have to make up our own minds. That’s fine. I’m no longer asking, you’re just continuing the discussion. At least you’ve chosen not to lie via avoiding the question. For that, I respect you.
The nrst would make income and payroll taxes visible and painful - and we all pay the same marginal rate.
So you really think anyone takes seriously that the nrst is no good because you can’t seem to figure out how to do an inclusive rate just as easily as exclusive?
The nrst would help US manufacturing tremendously by taxing imports (which are currently coming in tax free) and help by removing US tax costs from our exports (currently, US exports contain tax costs).
You really do think anyone takes seriously that the nrst is no good because you can’t seem to figure out how to do an inclusive rate just as easily as exclusive?
lol
As a controls engineer I have a saying I use frequently with non-engineer types at work, “You can’t control what you can’t measure.” That’s what I like about the NRST. It’s right there, in your face, every time you buy something new, not the next April. Really, how many people can tell you their federal tax burden? Hell, they brag when they get a big return, not realizing they gave the government an interest free loan. Even I always get a return because I don't like surprise bills.
The part that scares me about the Fair Tax is how do we transition to it without causing a tremendous upset in the economy. This really isn’t the fault of the Fair Tax but the entire economy is built around the social engineering tool known as the Income Tax. For example, I fear much of the middle class has the bulk of their savings in their house. I’m not an economist, but the Fair Tax without some sort of mortgage deduction to keep Real Estate prices artificially high seems like it would wipe out those savings. Likewise, if you do create some sort of home subsidy it opens the door for the politicians to do their meddling again.
Regarding the tax rate being inclusive or exclusive doesn’t really matter to me as long as I know in which term it’s expressed. But I’m a numbers guy which I realize most people aren’t. And the rate being a few percentage points one way or the other doesn’t sway me towards one tax collection scheme over another either.
The government costs $xxx,xxx,xxx, so $xxx,xxx,xxx dollars has to be collected to fund it. I want a simple, fair, and screw-around-with-it-to-get-reelected-proof system of taxation that uproots entrenched politicians but doesn't upset the economic apple cart. Is that too much to ask?
As far as the Flat Tax, it just seems too Marxist for me, just like the Income Tax, "From each according to his ability, blah, blah, blah..." It does get rid of the social engineering aspect but I'm afraid it will just devolve like the income tax which was originally flat.
I fear much of the middle class has the bulk of their savings in their house. I’m not an economist, but the Fair Tax without some sort of mortgage deduction to keep Real Estate prices artificially high seems like it would wipe out those savings.
Your presumption is that the existing mortgage deduction is keeping RE prices artificially high AND that eliminating that deduction would negatively affect prices? Can you explain the basis for these presumptions?
Thanks-
Anybody who can create a word like ‘screw-around-with-it-to-get-reelected-proof’
gets my vote.
Or you could claim your son has a landscaping business, buy the tractor tax free, and your son could mow the neighbors yard just to keep up the illusion. Who's to know? What agent from what branch of government will come knocking on your door, checking? Does the business need to be sucessful to qualify?
And if other countries added a fairtax to products imported from the US, that advantage would disapear, wouldn't it?
Do you anticipate the fairtax prebate becoming a social engineering tool?
It isn't any kind of "claim" that allows one to buy tax free, it's a tax free cert from the business who registered for it. So he would not be able to buy the tractor tax free unless the son's business actually registered for and received a tax free cert.
And with the prospect of saving 30%, plus state and local sales taxes, do you think that would never happen?
FairTax ping...
Of course businesses will register for the tax free certification = that’s how they’ll buy business use items free of tax.
What about sales tax on cars? I need a new truck and the one I’ve been looking at runs $30,000. Right now State sales tax is going to add on another $1,300. If your “fair tax” is passed then I would have to pay another $6,900. So now my 30k truck purchase immediately becomes $38,200?Interesting none of the Fairtaxers corrected your error. But then confusion about the rate is their goal.
The 23% "sales tax rate" is a clever lie.
After the Fairtax a pretax price of $30,000 would have a tax of $8961.00. Actually more because the Fairtax law says the rate of tax is "23% of the gross payments for taxable property or services".
Since you would have $1300 state sales tax included in the "gross payment" you would pay federal sales tax on that too.
After the Fairtax:
New truck...$30,000
State sales tax $1300
Sub total:...$31,300
Fairtax (29.87%) ON $31,300 = $9349.31 (federal sales tax)
Total price out the door (gross payment):....$40,649.31
23%(fairtax rate) of $40649.31(gross payment) = $9,349.34
Now there's a plan to help new car sales. < /sarcasm >
Oh, BTW, Any talk of 20+% price reductions to offset the new tax is bogus. It can't be done unless everyone also takes wage reductions...the only thing written in law is the tax, everything else is wishful thinking.
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