Posted on 12/19/2007 7:33:13 PM PST by Your Nightmare
The FairTax bill was written by lobbists hired by the FairTax organization, and the "grassroots" FairTax movement is organized by lobbists who specialize in "astroturf"(front groups created to mimic grassroots movements). Those are FACTS.
Because most of us spend money in more places than we receive money, the FairTax expands the number of exchanges that may be examined to see the tax is paid.
It amounts to, on average, about 22% of the retail sales price of every good or service manufactured in the U.S. today.
And how much was spent, in addition to that amount, for complying with and or trying to avoid the corporate income tax?Not nearly as much as FairTaxers would like to think. Most of that is typical accounting necessary to run a business.
It amounts to, on average, about 22% of the retail sales price of every good or service manufactured in the U.S. today.Paying and complying with the corporate income tax is not "22% of the retail sales price of every good or service manufactured in the U.S. today." You don't have one shred of evidence that it is (certainly not Jorgenson).
Oh yes I do!
What evidence do you have that it isn't?
Proof?
Are we to take the word of someone without the economic acumen to realize the the Corporate Income tax, and all it's related costs, is functionally a VAT regardless of the fact that it isn't called by that name?
What evidence do you have that it isn't?Grade school math and simple logic.
I'm sorry Lewis but you have, on this forum, demonstrated MANY times that you lack the ability to DO grade school math and have no capacity for logic.
I'm sorry Lewis but you have, on this forum, demonstrated MANY times that you lack the ability to DO grade school math and have no capacity for logic.How would you know anything about logic or math?
You haven't demonstrated any logic or math, let alone proof of how you would know if ANYONE had the ability.
Really? So why don't you provide it instead of playing "I've Got A Secret"?You don't have one shred of evidence that it is (certainly not Jorgenson).Oh yes I do!
What evidence do you have that it isn't?I can't prove a negative. You made a claim. Prove it.
Well now you have provided evidence of where you come from.
And it lets everyone know that you and your goon chums have a stake in the Income tax.
Non-profit organizations have accountants. There, proof. (Ask a stupid question...)Not nearly as much as FairTaxers would like to think. Most of that is typical accounting necessary to run a business.Proof?
Are we to take the word of someone without the economic acumen to realize the the Corporate Income tax, and all it's related costs, is functionally a VAT regardless of the fact that it isn't called by that name?The Corporate Income Tax is NOT a functional VAT. I have read a lot on tax reform and different forms of taxation and I have never seen the CIT characterized as a VAT by anyone except FairTaxers. It's obvious you don't even know what a VAT is.
You said:
Too funny and dead on accurate!
Excuse me? "Dead on accurate" is not defending the man?
I should stop leaving those banana peels in your way.
My problems with the so-called “Fair” Tax are:
A) It’s a giant welfare program. If you’re poor the government cuts you a check so you don’t have to pay.
B) Despite what the backers promise, you WILL have to be able to hand over to the federal government a record of everything you buy. Once people start abusing the “refund” entitlement, they’ll have to have an audit system. If the government suspects you’re abusing the refunds, buying on the black market...or if someone in the Federal Fair Tax Collection Bureau doesn’t like you, you’ll be asked to hand over a record of every purchase you’ve made.
C) You still need the IRS to collect the tax and handle enforcement. The Fair Tax doesn’t abolish the IRS, it just changes the name and maybe puts it in a different building.
Extending the federal government’s tentacles into every single thing you purchase is a recipe for a horrific national nightmare.
Won't happen. No one has to know what you bought just how much you paid for it. Unlike now when the IRS has to know how much interest you made on your piggy bank. You do know that if you get caught walking around with more than 9,999 dollars in cash the government automatically assumes you are a drug dealer and steals the cash and locks you up. Good luck getting the cash back if and when you prove your innocence.
Then how do you prove you paid the correct amount? You have to tell the government what you bought. That's why employers currently the government where we work and at what hours, rate and salary.
Having your income audited by the IRS is one thing. Having the federal government snooping into your every purchase under the so-called "Fair Tax" is even worse.
And that's before we even get into the massive welfare entitlement the refund-for-the-poor mechanism will mutate into.
Does your state have a sales tax? Do you have to report everything you buy?
The prebate takes care of all the naysaying do-gooders who will insist that any new tax plan protect the poor.
No, because there's no so-called "prebate" that hands me money and can be abused. All it takes is one guy at the Federal Fair Tax Administration Agency to suspect you, or not like you, and your purchases will need to be audited. They would also have to audit your every purchase if they suspected you were buying on the black market to avoid the tax once it becomes a large, national tax.
The so-called "prebate" is just a new welfare entitlement that's going to grow disgustingly out of control. If Karl Marx had designed a sales tax, this would be it.
The prebate is based on your family size only. It can only be abused by making your family larger than it really is. That has nothing to do with your purchases.
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