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To: Filo

“Where is the counter-petition where we sign an acknowledgement that the ‘Fair Tax’ is deeply flawed and that it should never be implemented without those flaws being addressed?”

You are free to start one anywhere and anytime you like. That would be much more constructive than just disrupting FT threads and attacking its supporters as so many FT opponents do. That way you could list out the specific “deep flaws” which must be addressed.

The problem with that approach, of course, is that the opponents probably could not get together on a specific bill of particulars.


30 posted on 02/05/2008 8:44:47 AM PST by phil_will1 (My posts are in no way limited or restricted by previously expressed SQL opinions)
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To: phil_will1
That would be much more constructive than just disrupting FT threads and attacking its supporters as so many FT opponents do. That way you could list out the specific “deep flaws” which must be addressed.

You must have me confused with someone else.

I've already listed the flaws too many times to count. The only replies have been garbled nonsense.

In summary:

  1. The FT is not tied to the repeal of the 16th which keeps the door open for sales and income tax in a few short years.
  2. The FT re-taxes previously taxed savings - especially retirement savings.
  3. Because of the above the FT is especially burdensome on those near or in retirement.
  4. The FT has a socialist wealth-redistribution component - the prebate.
  5. At 30% the FT rate is too high, especially when it only covers the federal portion of taxation. Add in the state and local taxes and the rate approaches 50%!
  6. The FT fails to address the real problem (spending) and, as such, is tantamount to rearranging the deck chairs on the Titanic.
There are other issues, of course (such as the underground economy a 30% sales tax would create), but these are the big ones.
34 posted on 02/05/2008 9:02:01 AM PST by Filo (Darwin was right!)
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