Posted on 01/22/2008 3:43:13 AM PST by xcamel
I hope that hand you're licking has been washed. LOL.
The rate is stipulated in the Bill.That's only for the first year. After the first year the rate "shall be determined" by unelected bureaucrats at Social Security...It too is "stipulated in the bill".
The rate has been confirmed by Art Laffers firm, here:Here's a laugher from Laffer..well lie actually.
"To ensure that income taxes are not reinstated in the future, the FairTax plan also calls for the repeal of the 16th Amendment to the U.S. Constitution."Apparently Laugher decided to parrot Fairtax rhetoric rather than actual research...like reading the bill.
you have some really wierd fetishes...
Something like that.
It will vary by the fraction of labor in the product and components from suppliers (from suppliers(from suppliers)). It could be fairly high for services. Likely less for products from $100/bbl oil.
This is the analysis I've being trying to find from these folks. Haven't seen it. Maybe groanup can help (I'm sure he'll NEVER post to this post as I'm not talking to him).
I don't see no steenkin' arguments.
So youd rather have less productivity and investment?Sales not sales taxes encourage production.
Encouraging people to buy used nor imposing a huge sales tax at the other end of production won't encourage more production.
Well, it sure will just before it hits. ;-)
It'd be interesting to see what the case of M$ might be given that their marginal cost of production is dang near zero.
You wouldn't.
“Target Objective: All Roosevelt students will make personal growth toward becoming responsible citizens by participating in activities that foster a positive school/home/community relationship, as measured by data from discipline referrals.”
I would.
Hey, that is not is name. LOL
I'd switch his axes so that tax rate is the independent variable. The other "order" makes no sense to me, but then I'm not a dismal scientist.
But you are a nicer poster than the “dismal penny stock broker”
You've been asking about diesel fuel. First of all, you'd better worry about the base price more than the tax. Secondly, the FairTax will only bring the price of diesel fuel down about 9-15%. Third, if you want to store a year's worth of fuel fine. Buy one year's worth at historically high prices, genius, and pay the cost to store it. LOL!
Why isn't it 23%?
What say you now? Wealth destroyer?
Someone is getting lessons on who really creates (and controls) wealth...It ain't you.
Cool. If that reduction (15%) is the exclusive price, I get an average 20% (tax free) return for one year’s worth of fuel. How’s the gov’t feel about not getting a revenue neutral intake for the first year?
And here I thought oil is running at <$90/bbl rather than the record $100. When is the FT going into effect? Tomorrow, Yesterday?, When oil was at $100? (genius)? LOL.
What’s your problem? Buy at the top? Too bad. LOL!
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.