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FairTax cut for 2-parent families
WorldNetDaily.com ^ | January 19, 2008 | Howard and Raymond Richman

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 ...


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To: Knock It Out
Someone making $10,000/yr likely pays NO IT, only the FICA and MC. If they live at home with their folks and put the money in investments, they pay way less than 23%.

Under FT, they pay nothing. Hence all those who live at home in the basement are strongly attracted to the FT (along with drug dealers and others who don't want to report their income).

41 posted on 01/20/2008 8:44:33 AM PST by Paladin2 (Huma for co-president!)
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To: raybbr
Successful? What makes a tax successful?

"Lastly, a VAT is a lobbyist’s dream, allowing them to install their loopholes unbeknownst to the purchaser." --FairTax.org

The Fair Tax spammers are having trouble keeping their talking points straight.

42 posted on 01/20/2008 8:45:14 AM PST by Mojave
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To: wintertime

By the way,,,do you make a living directly or indirectly from the current income tax system?”

I don’t understand the question.


43 posted on 01/20/2008 8:46:09 AM PST by Proud2BeRight
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To: raybbr
"What makes a tax successful"

One that politicians love. All sorts of 'rats want a VAT "just like Europe".

44 posted on 01/20/2008 8:46:41 AM PST by Paladin2 (Huma for co-president!)
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To: Proud2BeRight

Have you ever been employed by the Fed gov’t, as say being in the military?;-) Yes, it’s a stupid question.


45 posted on 01/20/2008 8:49:05 AM PST by Paladin2 (Huma for co-president!)
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To: Mojave

“Your life saving are simply acceptable collateral damage on the path to monthly federal stipends for everyone. Surely you wouldn’t want to stand in the way of the coming utopia?” The FTers are doing it “for the children”. You against little kids?


46 posted on 01/20/2008 8:51:07 AM PST by Paladin2 (Huma for co-president!)
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To: Proud2BeRight
By the way,,,do you make a living directly or indirectly from the current income tax system?”(wintertime)

I don’t understand the question.(Proud2BeRight)

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Yes, you do.

Do you get a paycheck or monetary income ( directly or indirectly) in any form because the current IRS system exists?

47 posted on 01/20/2008 8:52:52 AM PST by wintertime (Good ideas win! Why? Because people are not stupid.)
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To: Smokin' Joe

Wanna tell me what the constitution say about income taxes?


48 posted on 01/20/2008 8:54:39 AM PST by crz
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To: Smokin' Joe

Do you also want to explain to me the dif between “freemen” and “Freeman”?

You might have to study colonial common law on that one.


49 posted on 01/20/2008 8:57:16 AM PST by crz
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To: Uncle Ike

considering how the HR 25 bill allows the GOVERNMENT to define legally approved families. The sexual recreation lobby will work overtime to go heather has two mommies/two daddies.

Big Brother Loves You.


50 posted on 01/20/2008 8:58:04 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: wintertime
Good ideas win! Why? Because people are not stupid.

No sales taxes in any state are "tax inclusive". Why? Because people are not stupid.

51 posted on 01/20/2008 8:58:55 AM PST by Mojave
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To: Paladin2; Proud2BeRight
Have you ever been employed by the Fed gov’t, as say being in the military?;-) Yes, it’s a stupid question.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Obviously all government employees receive tax income. They would STILL receive tax income from the Fair Tax as well.

However...under the current IRS system there are ARMIES of accountants, lawyers, payroll tax firms, tax prep services, and whole departments of some large industries are dedicated to managing IRS taxes.

Do you, Paladin2 and Proud2BeRight benefit directly or indirectly from the IRS collection, management, law advice, or tax preparation, or any other form of handling IRS taxes?

52 posted on 01/20/2008 8:59:09 AM PST by wintertime (Good ideas win! Why? Because people are not stupid.)
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To: crz

The Constitution (as currently construed) says YOU are pw3|\|d
by the Feds.


53 posted on 01/20/2008 8:59:26 AM PST by Paladin2 (Huma for co-president!)
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To: wintertime

Do you get a refund check each year?


54 posted on 01/20/2008 9:00:21 AM PST by Paladin2 (Huma for co-president!)
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To: crz; All

The only part of this proposal that will survive will be the monthly check.

Your suggestion is unworkable as trying to have one communist system (fair tax) overlay with the capitalist system.

The IRS must go, but the Fairscammers are so delusionally invested in this specific proposal that they can not see of some OTHER way to achieve all our mutual goals.


55 posted on 01/20/2008 9:01:45 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Normal4me
Please feel free to add your own.

I think you've covered it, Don Quixote. You may return to tilting at tax windmills now.

56 posted on 01/20/2008 9:04:07 AM PST by Glenn (Free Venezuela!)
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To: longtermmemmory
The only part of this proposal that will survive will be the monthly check.

Or the debit card.

57 posted on 01/20/2008 9:04:14 AM PST by Mojave
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To: wintertime
"....benefit.... or indirectly..."

I suspect that a case could be made that EVERYBODY in the US can be shown to "benefit" indirectly from the IT. It's still a stupid question. Sorry.

58 posted on 01/20/2008 9:04:56 AM PST by Paladin2 (Huma for co-president!)
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To: Paladin2
Do you get a refund check each year?

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

You are being deliberately obtuse.

It is really a simple question.

Do you, 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?

Under the current IRS system there are ARMIES of accountants, lawyers, payroll tax firms, tax prep services, and whole departments of some large industries are dedicated to managing IRS taxes. EVERYONE of these people would have their livelihoods threatened by a Fair Tax.

59 posted on 01/20/2008 9:05:06 AM PST by wintertime (Good ideas win! Why? Because people are not stupid.)
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To: Knock It Out

Most are against it because they fear change, They fear that they might have to actually pay a constitutionally LEGAL tax.


60 posted on 01/20/2008 9:05:13 AM PST by crz
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