"Consumption" was the lay term for tuberculosis.
Posted on 08/28/2007 4:39:18 PM PDT by Bigun
The People Must Demand The Fair Tax
By Doug Patton
August 28, 2007
Last year, during the United States Senate race in Nebraska, Republican challenger Pete Ricketts suggested that every option must be considered when looking at ways to reform our federal tax system. Among the list of alternatives Ricketts said should be on the table was a national sales tax known simply as the "Fair Tax."
The Democrat incumbent, U.S. Sen. Ben Nelson, launched an attack on his opponent that was, at best, distorted and condescending, at worst, irrational demagoguery. One would have thought that Ricketts had suggested stealing all the assets of the poor and handing them over to Warren Buffet and Bill Gates.
Recently, the panel of pundits on ABC's "This Week with George Stephanopoulos," discussing the apparent rise in popularity of former Arkansas Governor Mike Huckabee's presidential campaign message, scoffed at Huckabee's unabashed promotion of the Fair Tax.
George Will, the token "conservative" on the panel, brushed it aside with the disbelief of an elitist who cannot understand the burden of the average worker who would love to take home his or her entire paycheck, as the Fair Tax would allow him or her to do. Will opined that Huckabee's second place showing in the Iowa straw poll was even more amazing given the fact that "he supported a national sales tax of thirty percent, which means that if you buy a one million dollar house, you'll be writing a check to the government for three hundred thousand dollars." Of course, the others on the panel readily agreed.
The elites of this country, who buy those million-dollar homes, are not enamored with the Fair Tax. They would be if they took the time to understand its appeal.
The Fair Tax would replace all federal income taxes. No more federal withholding. No more Social Security withholding. No more Medicare withholding. No more stealing from the paychecks of American workers before they even see it and then pretending to give them a refund, without interest, at the end of the year. No more saving receipts for tax deductions. No more IRS audits. No more April 15th.
Instead, the Fair Tax would put us in control. All consumer items would be taxed. Business purchases would not. By allowing us to make the determination about what we buy and when we buy it, the ability of our legislators to manipulate our behavior is eliminated. That is why the elites don't like it. They can't control the public's spending habits under such a system.
The current federal tax system is broken. It cannot be fixed. Since the inception of the federal income tax with the passage of the 16th Amendment in 1913, federal corruption and control have turned it into a Frankenstein monster that torments the people and serves the special interests. A tax on a person's income is a tax on production, and as Ronald Reagan once said, "Whatever you tax, you get less of."
Because the poor are forced to spend a disproportionate percentage of their resources to cover the tax on necessities, the Fair Tax hits them the hardest. That issue can be addressed by simply issuing a "prebate" check each month to every household in the country. Unlike disingenuous tax credits, deductions, exemptions and other loopholes in the current income tax code, a prebate check is a clean, honest method of covering the sales tax on food, clothing and shelter - up to the poverty level.
Of course, removing the income tax on corporations will reduce the cost of everything we buy, since corporations don't pay taxes. They simply pass them along to consumers. The Fair Tax plan calculates that removing the corporate income tax will result in a reduction in the cost of virtually every consumer item on the market. In fact, it will just about offset the tax on those products. Imagine paying the same price for something but having your entire paycheck to buy it.
And then there are the billions of dollars that flow untaxed through our economy today: drug dealers, prostitutes, pornographers, foreign tourists. Imagine how much revenue could be raised simply by taxing the things those people consume.
There would be no more audits, no more justifying deductions, and April 15th would become just another spring day. But only if the people stand up to the elites and demand it.
There are studies ongoing that show revenues would increase....YAWN...Just More of your hot air.
Check #143. It's a 4.9% tax increase.Thanks, I knew I could count on you to come up with the correct figure...
Either way adding 0.82% isn't insignificant.
Inclusive versus exclusive is the only deception card you have left to play. That card will be taken away from you in time. Stay tuned.LOL! Oh, is there a new secret study coming out that only you are privy to? ...Or maybe someone will teach you what tax inclusive and tax exclusive means.
You Fairtaxers like using the 23% rate because it makes the cost of government so much more visible than using the actual 30% sales tax rate.< /sarcasm >
Ever since you started posting on these threads (or maybe ever since I've noticed) you've claimed all these studies and exciting things are going to happen...So far it's more than hot air it's out right lies.
I believe that was TB.
Look you were caught doing what you always do which is to cut and paste certain facts that you omit details fromI was caught? More like you were caught looking like a fool...again.
What exactly are you referring to?
The fact the Fairtax study shows the 23% rate isn't quite enough? Or maybe the Fairtax study says gross wages would be reduced. Or maybe the new Excise tax bureau. Or maybe the fact the Fairtax DOES tax other taxes.
Or maybe the fact that well before one evil IRS employee will be fired 50 NEW tax collection agencys would have to be built/leased, staffed with employees trained on the NEW tax, new desks, new computers, programs and progammers...All that and more well before one dime of Fairtax is collected. AND how dare I ask or bring up the subject of where all the money would come from to fund the new behemoth 50 state (turned federal) bureaucracies?
Or maybe you don't like it when I ask which is the lie?:The Fairtax makes the true cost of government more visible OR:
Increased paychecksEven you said your (secret) study shows there would be MORE money for the government...Is that supposed to thrill us when the rest of us are talking about LESS money for the government?...Oh wait, that's right. we're all supposed to alter OUR lifestyle by buying used crap to teach the government a lesson...
Prices about the same as now (some say less).
Increased purchasing power.
More money for savings.
Interest rates reduced 25%.
Easier to save for a house.
The government remains funded at the current level without a hiccup
I suppose,because the fairtax is carved in stone never to be altered or amended it would never occur to them to tax used items .
What about a National Tax, including retail, goods, and services, exempting groceries, and necessaties, etc....
When you put the first exemption in you have opened the door wide open for the Guchi Gulch crowd (lobbiest) to beg congress to give "necessity" status to their client's product or service.
I think you are right....but more of pure consumption tax that doesn’t task the federal government with sending monthly checks out...or the “prebates”. A CT that collects more than all income tax (so that it can be abolished even though the 16th amendment gives the G-men the right to tax you anyway) but would allow for privitized retirement rather than taxation.
So let me get this straight. You are saying that analysts involved in HR 25 are not conducting ongoing studies?
And you are saying that anyone that professes to have seen a preliminary report is a liar?
What are you going to do when you are shown to be wrong? Disappear?
Do they have employees?
Do they lease an office space?
Do they order office materials?
Do they pay for maintenance?
Do they pay for utilities, telephone, computers, office equipment, etc?
Etc.
In order to estimate the level of embedded taxes for any product or service, the supply chain of the business needs to be defined and quantified.
LOL! Wouldn't that be something?
If history is any teacher however, it is FAR more likely that he would just be back on the next thread with the same old BS all over again.
"Consumption" was the lay term for tuberculosis.
Explain to me what “without any exemptions” means, and is an exemption?
same result...
Check out the history of this institution:
http://www.uccs.edu/
It’s interesting....
LOL! Wouldn't that be something?My thoughts exactly.
You are saying that analysts involved in HR 25 are not conducting ongoing studies?No, I'd say that if anyone did hire an analyst that WAS NOT doing studies they would be as stupid as your question.
And you are saying that anyone that professes to have seen a preliminary report is a liar?No, I'm saying IF there are preliminary reports by analysts hired to come up with predertimened results YOU aren't privy to the "preliminary" information...
So yes, if history is a guide, you are a liar.
Without any exemptions means that the tax would apply to all new goods and services without exception.
Do they have employees?LOL!Do they lease an office space?
Do they order office materials?
Do they pay for maintenance?
Do they pay for utilities, telephone, computers, office equipment, etc?
Etc.
In order to estimate the level of embedded taxes for any product or service, the supply chain of the business needs to be defined and quantified.
3 emplyees. Employee's payroll tax is 7.65% each.
Each one of the other 7 can also reduce their price 7.65%. What's the total percentage that can be reduced in this scenario?...
C'mon stop pretending, you either know the answer or you're proving once again you're full of hot air, a useful idiot, or a liar.
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