The government will pay sales tax on its purchases. That is the same as a cow living on its own milk. The government has no money to pay taxes save what it collects in taxes. The missing revenues will be recovered through an even higher tax rate than has been claimed...or an expanded scope of things subject to the sales tax.
The "pre-bate" is socialist redistribution. It will create yet another giant government bureaucracy. Eliminate sales taxes on food and you eliminate the justification for this "pre-bate" and the associated bureaucracy.
It creates double taxation by taxing purchases made with money already taxed by the current income tax. Those who have substantial savings from their after tax earnings will get screwed big time.
Just as it does now. When the DOD procures a system from a defense contractor, it pays for all labor, materials and profit the contractor is owed. And in labor, materials and profit are embedded payroll taxes, income tax and corporate tax. Those amounts are embedded in the price of the system procured.
So your argument at the outset fails. The government pays for federal taxes now in its purchases.
That is the same as a cow living on its own milk.
Not worthy of comment, irrelevant, not publishable.
The government has no money to pay taxes save what it collects in taxes.
The government borrows.
The missing revenues will be recovered through an even higher tax rate than has been claimed...or an expanded scope of things subject to the sales tax.
Complete and utter fabrication, no backup and not plausible.
The "pre-bate" is socialist redistribution. It will create yet another giant government bureaucracy.
Same comment as above. The Rebate effectively excludes federal taxes for ALL REGISTERED ELIGIBLE AMERICANS up to the level of poverty. There is no other way of excluding federal burden except by rebate. A system of deduction would require filing an income statement, the very system the FairTax abolishes. Therefore, a Rebate is the only system that is feasible and it can involve the usage of smartcards.
The Rebate is necessary because the abomination known as the Income tax was originally brought about by a flaw in the system of excise taxes. Excise taxes hit smaller farmers harder than larger farmers as a proportion of their income. This 'disproportionate' burden is completely erased with the Rebate which is available to every one from retirees living on Social Security to the wealthy. The Rebate does not play favorites. It was not possible to have a Rebate prior to 1913 because the federal government did not have the administrative technology and capability to manage a rebate.
Eliminate sales taxes on food and you eliminate the justification for this "pre-bate" and the associated bureaucracy.
Overly simplistic bordering on the absurd. There are other necessities besides food.
It creates double taxation by taxing purchases made with money already taxed by the current income tax.
Your argument here fails in the same way as at the beginning. All purchases made today are paying as part of the price the embedded federal taxes from labor, material and profits. The FairTax replaces these embedded taxes. It does not create a new tax on an existing tax, it creates a replacement tax that consolidates all other taxes together and replaces them at the end of the production chain and service outlet with the NRST.
Those who have substantial savings from their after tax earnings will get screwed big time.
Same as above and at the beginning.
Lastly, nowhere is the FairTax dishonest. The only thing dishonest is what you showed in your original post. On the other hand if you are plain ignorant, then this post should make you more aware.
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