Posted on 01/20/2008 6:29:07 AM PST by Man50D
During an election season, one of the first losers is the truth. The current misinformation campaign against the FairTax has been particularly virulent. Last month the FairTax was being panned by some columnists as a "crackpot scheme," even though it could be collected exactly the same way as its close cousin, the value-added tax, which is the most successful tax in the world. This month the FairTax is being vilified by various columnists as a tax increase for the middle class, even though it would provide a substantial tax cut for two-parent middle class families. Specifically, in a recent column, George Will asked, "Do you want a president (Mike Huckabee, proponent of a national sales tax of at least 30 percent) pledged to radically increase the proportion of federal taxes paid by the middle class?" Similarly, Time magazine's business and economics columnist Justin Fox wrote a blog piece entitled, "The FairTax and its big break for the $200,000-plus crowd."
The FairTax is a national sales tax that would replace the income taxes, the payroll taxes, and the gift and inheritance taxes. It would be a 30 percent sales tax on retail purchases. Since 30 cents is 23 percent of $1.30 (the amount you would pay on a $1 item), a 30 percent FairTax would cost you about 23 percent of your consumption. To help you pay the tax, you would get a prebate check or a debit card credit at the beginning of each month equivalent to the amount you would pay when buying necessities. In 2007, that amount would have been based upon $10,210 spending per adult and $3,480 spending per child.
(Excerpt) Read more at worldnetdaily.com ...
Sounds like you are old enough to know that when someone approaches and says "I'm with the gov't and am here to help you" you want to make sure your exit is clear.
Now THAT’s funny.
I'm suggesting nothing in the Constitution authorizes such a stipend.
What part authorizes the payroll tax?
They do it now don't they?
And piss on the pervert lobby.
Just imagine if the FairTax had been quoted as 30% from the beginning. These interlopers would have accused AFFT of misleading in that case as well. They don’t have valid arguments, they are trying to protect their turf.
You're "suggesting" that the Fair Tax scam is unconstitutional?
Good for you!
The FT isn't graduated yet, it has a lot of work to do yet to be fair and at the current rate of improvement of deficiencies is not likely to ever graduate.
That's evading the question. Typical.
You’re not going to make it with those two jackasses.
When are you going to quit lying?
Not to be picky but...
30 percent of 1 dollar is 33 cents... Nothing is fact until it’s a written law.
Pure illogic. If you have a choice to not buy food and fuel each month, you also have a choice of not going to work. You are free to not pay the income tax by avoiding (evading for the English challenged on these threads) income. Same as avoiding (evading for you statists) a sales tax by not buying.
Pure BS. Passing a law that pi=3 doesn't make it so. Passing a law that the national speed limit is 55mph doesn't make it so either.
So, you’re not indentured to anyone?
Do you work? How do you earn a living?
Fail to pay your taxes and see how long you keep your home, business, bank/brokerage accounts.
You are indentured servant, you just don’t realize it.
Got one right here:
"You’re not going to make it with those two jackasses."
Correct. I don't have sex using the computer.
Wrong. You can piss against the wind. You just have to be a strong pisser. I'd suggest that the Founders were considered to be pissing into the wind by many.
They are mooching off their parents, no need to spend.
But they'll still get a monthly stipend!
HAHAHAHAHAHAHAHAHAHAHAHAHA!!! THAT'S THE BEST ONE YET!!
Whom do you think would have done it to make it better for everyone? The Clintons? The Kennedys? Pelosi and Reid?
Get real.
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