Posted on 08/27/2007 7:53:49 AM PDT by Turret Gunner A20
He only cuts and pastes, and if he reads what he cuts and pastes he never gets to a point of understanding what is written.
Let him rant on, he’s good advertising for why the Income tax is a fraud because his arguments that attempt to shoot holes in the FairTax are full of holes themselves or they can be turned around to apply with more weight to the Income tax.
That person that is thinks they are paid $60,000 is really being paid more than that.So this person's 100% paycheck would be more than $60,000? How does that reduce prices?
The amount of the price decrease depends on the depth of the supply chain in manufacturing and services. Price lowering estimates presently run in a two sigma band of 11% t0 36%.LOL! Apparently you have or you have done research yourself. Use any percentage you like, show what happens after X levels...Or show the research...for once. (Oh wait, I forgot, it's a secret that's being filtered out)--------
You have no data, you’ve done no research, you have only hot air. Who needs that?
Price lowering estimates presently run in a two sigma band of 11% t0 36%Wow, what a coincidence...As if by magic, 23% fits right in the middle.
I’ve given this problem some thought, and it seems easy to fix. What would have to be done is that on the date of the changeover, say January 1, 2010, or whatever, if you had $100,000 in savings, stocks, etc., and the tax rate was pegged at 23% exclusive, you would be issued $23,000 worth of Fair Tax Vouchers, which could be used only to pay FT on future purchases.Simple enough...But where would the money come from?...Higher rates?
Wrong.Apparently you read the book and understand it.Taxes are taxes, not wages or profits.
Read the book if you don't understand it.
So the taxes taken out of your check aren't (from) wages and taxes paid by businesses aren't (from) profits...Where exactly does Boortz say taxes come from?...What page is that on?
I suppose so. But if you don’t do it you can’t maintain parity between income-tax-era and fairtax-era earnings, so it’s not like an extra burden, it’s the rate everyone should have anticipated in the first place.
Where would you shop?You don't have Shell stations, Chevron stations, Macy's, Sears, Penneys, Target? Only Walmart and discount gas?
And don’t forget too, that many dollars that are now saved are pretax dollars anyway, and so would not need to be compensated with FT vouchers.
But how can you not see when he sells his $10K worth of drugs he fails to submit the $2300 worth of fairtax. The criminal is avoiding $2300 worth of taxes. It works out the same under either tax scheme.Except under the Fairtax the drug dealer would get who knows how many "prebate" checks every month.
You have bitten into Filo’s flawed assertion that the FairTax is flawed.
The FairTax replaces all embedded federal hidden taxes. Goods and services manufactured or produced after FairTax enactment will no longer need to carry the federal embedded taxes, therefore the cost of those goods and services will fall and the price will be brought back by imposing the NRST (the National Retail Sales tax of the FairTax legislation).
To repeat; the FairTax is a replacement tax, it is not a tax on a tax.
See Post #257 of this thread for brief comments on how existing inventories would not be subject to the NRST.
http://www.freerepublic.com/focus/f-news/1887196/posts?page=257#257
Sounds more like a trade off than a gain.You're forgetting that under the fairtax the "prebate" would further lower their tax burden...
The results have not yet been published and preliminary reports indicate the NRST is substantially lower on certain product categories. But the results are not yet public.Hypocrite.This is why I respond the way I do, lots of detractors saying stuff without backup, i.e. blowing hot air into what should be a frank discussion.
How you can say what you said without having the data, without having done the analysis, without knowing the results is a sign of someone that adds nothing to the discussion and aims to detract.
That’s ridiculous! Ever if the government had to pay the fair tax it would not need more revenue because it would be receiving all the money back!They still have to collect it to pay themselves the increase.
Because you make no sense. Individuals pay the FairTax at the point-of-sale for anything they purchase. There is no submitting anything.What is there, some government agent there to grab it out of the "individual's" hand?
No it’s not hypocritical because there are indeed results. The FairTax movement has obtained data and they have performed analysis. The methods are under peer review because the estimates involve complex modeling.
You can try all you want to slam the FairTax but it won’t do you any good. The fact is the FairTax is moving forward, gathering data, assessing results, and will continue to do so.
Whereas you have nothing going forward other than an ‘attitude’.
I can guarantee you that the results from the FairTax cosponsors will be published well before you have anything published. In fact I think you are incapable of publishing in respected journals, you do not exhibit the aptitude for doing so.
And don’t forget too, that many dollars that are now saved are pretax dollars anyway, and so would not need to be compensated with FT vouchers.Can't answer where the money for vouchers would come from can you.
I suppose so. But if you don’t do it you can’t maintain parity between income-tax-era and fairtax-era earnings, so it’s not like an extra burden,Hmmm. If I told you what my gross earnings are can you tell me what tax bracket I'm in?...I didn't think so.
it’s the rate everyone should have anticipated in the first place.Not me. Who are you to say what anyone should anticipate?
Were you saying something about “hot air”...Look in a mirror.
Read the Bill,I read it...You're still $2,000 short.
Good to see my comments got to you because the facts are that there are embedded taxes in products and services and there is ongoing data collection and analysis to quantify those taxes.
But you believe that the FairTax movement is just sitting on its hands. Of course that would be expected from someone that can’t stand the fact the FairTax will be the method of federal taxation in America.
Babble on, you have nothing to offer except cut & paste, misinterpretations and an ‘attitude’. You will never publish anything, you’re not in a league to do so. I do hope you try though because it would be an education for you. But incorrigibles like you think you have nothing to learn because you already know it all, which is funny because any casual observer can see you know little.
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