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 ...
No, of course not. And it’s never abused. And it never serves as a dis-incentive to work, either. Thanks for playing.
Thanks for fessing up. EITC is an exception, the prebate welfare scheme would be universal.
It would be pointless for me to ask if that report was objective or if it was trying to scuttle a plan in the early stages.
As far as entitlements go, aren’t tax payers entitled to their own money?
It seems that you don’t think so.
Refunding tax money. Wow. What an entitlement. /s
False. Not that it matters, since someone who paid no sales tax would still get the monthly check.
It would be pointless for me to ask you to refute it.
Define welfare and how it applies to the prebates?
Please describe what kind of people would get the check but not pay any retail tax?
How many of those type of people do you estimate there would be?
It started like this: [Emphasis added throughout.}
To: Man50D
One of the reasons the Income Tax has been used is the average person never sees all the money they earn. Uncle takes his large slice before they ever see it. We tend to forget how much has been stolen. I would be a lot happier if I could choose where my tax money would be spent. I know of a lot of government spending that would never see a red cent from me.
24 posted on 01/20/2008 7:32:15 AM PST by seemoAR
------------------------------------------------------------
The following was by wintertime in answer to that remark ONLY:
To: seemoAR
I know of a lot of government spending that would never see a red cent from me.
For me the first thing to go would be the Marxist government indoctrination camps (misnamed “schools”), both K-12 and college and university.
28 posted on 01/20/2008 7:55:40 AM PST by wintertime
------------------------------------------------------------
To: wintertime
For me the first thing to go would be the Marxist government indoctrination camps (misnamed “schools”), both K-12 and college and university.
At the risk of thread hijacking, I'm going to call your statement that of a simpleton since you didn't propose any replacement or solution.
Until you can offer an alternate system, your statement is without value.
But that is what those who hate the IRS and income tax are guilty of until they propose a viable alternative, such as the Fair Tax.
142 posted on 01/20/2008 12:41:39 PM PST by Eagle Eye (Agreeing with Democrats = agreeing with Al Queada)
------------------------------------------------------------
I replied to you:
To: Eagle Eye
Better check -- that is exactly what wintertime IS fighting the anti-FT idiots on this forum about. 165 posted on 01/20/2008 1:10:02 PM PST by Turret Gunner A20
------------------------------------------------------------
I replied to you:
To: Eagle Eye
But that is what those who hate the IRS and income tax are guilty of until they propose a viable alternative, such as the Fair Tax.
Better check -- that is exactly what she IS fighting the anti-FT idiots on this forum about.
------------------------------------------------------------
And you replied:
To: Turret Gunner A20
Schools are not funded by income tax so that is really a straw man argument.
Nobody said they are -- so your remark is the straw man here.
Advocating wholesale dismantling of K-University is too ridiculous to defend, so I don’t think you really want to go there, do you?
187 posted on 01/20/2008 2:16:16 PM PST by Eagle Eye
------------------------------------------------------------
You somehow failed to notice that no time frame was given; nor did you allow for the fact that, with the tripe they are teaching in schools and colleges these days, wintertime isn’t the only one who dreams of getting rid of the damned propaganda mills. It was an off-hand remark THAT HAD NOTHING WHATSOEVER TO DO WITH THE FAIR TAX -- NOR WAS IT MEANT TO HAVE.
You really might want to go back over the thread and you will see that ALL three of us firm Fair Tax supporters.
Financial aid from the government. Like a monthly check based on a poverty level analysis by Fair Tax advocates.
BS
The prebate is BS.
It also found that the “fair tax” plan would create the largest entitlement program in American history.
Now all of a sudden you have blind faith in what a bunch of bureaucrts say?
What else do you think they would say?
Blah blah blah...
Oh but you are..you are indentured to your government. I hope you enjoy being a slave, I know I dont.
Your abject failure to refute anything the President’s Advisory Panel found is exactly what I’ve come to expect from you.
“Do you, longtermmemmory, Proud2BeRight, and Paladin2 benefit directly or indirectly from the ***business and occupation**** of IRS collection, IRS management, IRS law advice, or IRS tax preparation, or any other form of handling and managing IRS taxes?”
I already said “no”. The only IRS preparation I do is my wife and my joint return.
F# Off asshole.
What clause of the Constitution authorizes a universal federally funded monthly debit card stipend?
[crickets]
Are you opposed to a prebate of sales tax spent or a rebate of sales tax spent?
Either way it is money refunded based on calculations of what that person would have spent in taxes on subsistence items. Either way, it is money going back to the rightful owner. Maybe I do agree with you in it being an entitlement program in that taxpayers are entitled to their own money. Can you describe how someone will gain any economic advantage with the prebate and if so, how many there might be?
“YAWN — you still don’t get it — amd don’t want to.
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ”
You do have a great way reinforcing my stereotype of the type of people pushing that fantasy.
“YAWN — you still don’t get it — amd don’t want to.
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ”
You do have a great way reinforcing my stereotype of the type of people pushing that fantasy.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.