To: Filo
You have to get your "mind right on this", Filo.
You paid taxes that you didn't owe, that were embedded in things you didn't buy, because only your income was taxed, because what you might buy will have to be taxed again, especially if you had after tax money, to spend on untaxed things with embedded taxes, that aren't taxed because corporations don't pay taxes, because you paid the taxes you didn't owe.
Got all that?
Now rinse, and repeat.
147 posted on
08/27/2007 1:07:06 PM PDT by
xcamel
(FDT/2008 -- talk about it >> irc://irc.freenode.net/fredthompson)
To: Phantom Lord; Hostage; xcamel
So again your answer is, "I don't know, but I knows its not what they say it is."
If, as it appears, weve reached the limits of your reading comprehension skills then yes. I admit that I dont know what that number is. Ill reiterate that Im quite sure that its less than the proposed Fair Tax rate.
If you are referring to taxing your savings again when you spend them then you should know we've heard that tired AARP scare tactic many times before and it won't work. If you bothered to study the issue you would know that you are paying embedded federal taxes on every retail purchase so there is no way to get around paying federal taxes on purchases whether under the Income tax or the FairTax.
Ive studied the issue and the embedded federal taxes are lower than the Fair Tax rate which means I will be paying more taxes on purchases made with my already taxed savings.
You can spout the lies over and over but that wont make them true. Fair Tax will re-tax income that has already been taxed.
And the FairTax movement will immediately move to repeal the 16th Amendment just as they point out on their website http://www.fairtax.org , and they are correct in pointing out that once Americans are free of the Income tax, they will never allow it to return. And this will be done with a bill to repeal the 16th Amendment. As soon as the FairTax is enacted the IRS is abolished and the Income tax is repealed. And the very same day of FairTax enactment the bill to repeal the 16th Amendment will be introduced.
Sorry but thats too late. Unless the 16th is repealed by the same act that implements the fair tax Im not boarding that train.
I dont trust that the 16th will actually vanish. Weve had Constitutional Amendments sit waiting ratification for decades and I dont trust our government enough to let that happen.
You paid taxes that you didn't owe, that were embedded in things you didn't buy, because only your income was taxed, because what you might buy will have to be taxed again, especially if you had after tax money, to spend on untaxed things with embedded taxes, that aren't taxed because corporations don't pay taxes, because you paid the taxes you didn't owe.
That sounds more logical than anything the fair-tax guys have said. The sad part is that I want to support this concept but it needs to have the kinks worked out first, not after it is implemented.
175 posted on
08/27/2007 2:37:24 PM PDT by
Filo
(Darwin was right!)
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