Commentary: Doing away with the Internal Revenue Service (IRS) (Replacing With The Fair Tax)

helium.com ^ | Ken Hoagland

[Man50D]

Fair Tax ping!

[ops33]

I can only support a change to the Fair Tax if is requires a Constitutional ammendment repealing the income tax. Without that, there is nothing to prevent a future Congress from re-imposing an income tax.

[Dr. Sivana]

I am undecided about the fair tax. Someone did bring up the question concerning how you do the changeover. Lots of people who have made major financial decisions based on the current system could be ruined over night through no fault of their own.

[aimhigh]

Even a fair tax has to have someone to collect it, which means the IRS remains.

[Republicus2001]

Has Wesley Snipes been sentenced yet?

[wastedyears]

It’s in the bloody Fair Tax Bill!

[elizabetty]

Never.
Gonna.
Happen.

[Always Right]

The greatest benefits of tax reductions under the FairTax, according to respected economists, accrue to low income taxpayers (an average 14% reduction) then to the middle class taxpayers(an average 7% reduction) and then even to the wealthy (an average 5% reduction). How can this be and still raise enough revenues to replace all taxes now collected under the income tax system?

It can't and it won't.

[longtermmemmory]

ping

[longtermmemmory]

no it is not.

it is LEGISLATIVE not constitutional.

[longtermmemmory]

Under HR 25 located at http://www.thomas.gov

SEC. 101. INCOME TAXES REPEALED.

Subtitle A of the Internal Revenue Code of 1986 (relating to income taxes and self-employment taxes) is repealed.

+++-—+++___+++

There is NOTHING stopping a reenactment of income tax on top of the 30% sales tax.

ZERO

[Deut28]

Name one position any of the candidates have taken that can’t be abolished by a future Congress.

The claim that a good thing can’t be supported because it could in the future be corrupted is poor reasoning.

[longtermmemmory]

but mike huckabee staked his ENTIRE CREDIBILITY ON THE IRS BOOGEYMAN!!!!!

[Xenophon450]

How did taxes get collected before the IRS?

[longtermmemmory]

without a constitutional change this, giving all the claims as to revenue neutrality as a given assumption, does NOTHING to help taxpayers.

We are taxed too much, the IRS must go, this tax scam proposal does nothing but give us idiotic huckabee commercials.

[cowboyway]

Never. Gonna. Happen

Love the optimism.

[Man50D]

I can only support a change to the Fair Tax if is requires a Constitutional ammendment repealing the income tax.

House Joint Resolution 16 has been introduced before Congress to abolish the IRS. It is the start of the process to repeal the 16th Amendment. Americans For Fair Taxation(AFFT) is working concurrently to have the 16th Amendment repealed. You can get involved by joining AFFT instead of waiting on the sidelines for other people to do the work.

Without that, there is nothing to prevent a future Congress from re-imposing an income tax.

There has been nothing to stop Congress from passing such legislation in the past except for one obstacle. Congress critters are painfully aware passing a consumption tax while maintaining a federal income tax would cause outrage from the people tantamount to the level felt when Congress twice attempted to grant amnesty to illegal aliens this summer. Congress quickly backed down after experiencing such anger. The last thing politicians want is millions of constituents flooding their offices with angry calls, faxes and emails.

[xcamel]

same old same old

[Turret Gunner A20]

How is the tax collected?

Retail businesses collect the tax from the consumer, just as state sales tax systems already do in 45 states; the FairTax is simply an additional line on the current sales tax reporting form. Retailers simply collect the tax and send it to the state taxing authority. All businesses serving as collection agents receive a fee for collection, and the states also receive a collection fee. The tax revenues from the states are then sent to the U.S. Treasury. ............................................................

Frequesntly asked Questions about the Fair Tax

http://www.fairtax.org/site/PageServer?pagename=about_faq