National sales tax gains momentum

WorldNetDaily.com ^ | Wednesday, November 13, 2002 | By Jon Dougherty

[Dead Dog]

Don't be grumpy, there is a good reason why you should want this to go through. Discussion of a consumption tax, as you rightfully noted, does not necessarily mean an NRST. However, the NRST is almost by default the type of consumption tax being considered.

In that case, only retail transaction, that is the original point of sell for NEW items would be taxed. Antiques, used jewlery, ext would not be taxed. An IPO might be, but other stocks are traded "second hand" and would not be retail. This is not the same as a luxury tax, and your right, that was dreadful. This would be a 25% tax added to the sale price of a new $300K yacht (45ft Bennetau, sigh) however the cost of producing it (in the US, hint hint) would be 20% less. Non of the components would be subject to tax until it was sold from the dealer, not the teak decking, not the motor..nothing. These are now taxed when ever anyone is employed in production. The end result is a 5% increase in price for the yacht, but you now have your entire gross income to buy it with. No second hand items are taxed, but they are now, the owner or store owner that sells a used item to you is required to pay income tax..or capital gains. So, in that sense, used items are taxed. The states try to put a sales tax on everything, that is a problem for the residents to fix.

This tax will not slow consumption. We now tax in the most destructive point in the wealth creating process. A consumption tax, and especially and NRST would fix this. The economic growth following would be explosive.

As Jim Rob pointed out, competition will eliminate demand pull inflation for most items. Realestate would be a huge investment however. If this goes through, buy a vacation cabin in Maine and get your hair done while you build equity. It is a win win situation.

The big thing that really makes it better than the Income tax, is the end of slavery to the government. We spend 4-6 month out of the year in slavery, the rest of our earnings are spent at the plantation store (also taxed).

[Taxman]

I have to believe that those of you who are opposed to the NRST are opposed because you do not understand it.

Please take the time to read both H.R. 2525 and H.R. 2717, and visit these web sites: http://www.salestax.org , http://www.votr.org , http://www.fairtax.org and http://www.cats.org.

Lots of useful information there that just might persuade you that because implementing the NRST will foster and encourage individual FReedom, economic prosperity and equality of treatment under the law, it might, just might, be a better idea than the Marxist inspired progressive income tax.

[Taxman]

AbsoFReepinglutely!

[Mudboy Slim]

Thought so, bro...MUD

[Bigun]

I have to believe that those of you who are opposed to the NRST are opposed because you do not understand it.

DAT'S what I tole em Dag nabit!

[Taxman]

Either that, or they are committed to the Liberal/Socialist/Marxist agenda, and are unable to get past their ideology.

[Taxman]

Yup. Our time is coming, and soon.

[logic101.net]

I'll believe it when I see it. The IRS is just too powerful in DC to be disbanded. Even my brother hates the IRS; and he is an auditor for the IRS! Yet, will it happen? Maybe; but it will take decades to revoke their influence on the power structure!

MARK A SITY
http://www.logic101.net/

[Taxman]

I don't think so. We outnumber them! Once we reach critical mass, there is no way the income tax and the IRS will survive.

[MadIvan]

If you get rid of income taxes, hell, I'll be tempted to pack up and move to America. Not having to pay this socialist dodge would make me very happy indeed.

Regards, Ivan

[MadIvan]

If Bush got rid of the IRS, the pure love and devotion of the American public would be such that he would coast to victory in 2004. Hell, the American public would carry him on their shoulders and sing hymns of praise.

Regards, Ivan

[Mudboy Slim]

"AbsoFReepinglutely!"

I figgered as much...LOL!! Congrats to you and those who have helped this issue get as far along as it has to date...MUD

[Taxman]

We are not there yet, Bro. We need the help of every pro-FReedom, pro-economic growth, pro-equality of treatment under the law Patriot out there still sitting on the sidelines.

Mr. Justice Holmes: "As life is action and passion, man must be engaged in the action and passion of his times, lest he be thought not to have lived."

Get involved, FReepers, get involved! Go to http://www.salestax.org and http://www.votr.org and get involved.

[EternalVigilance]

Get involved, FReepers, get involved!

BUMP!!

[DakotaGator]

How on earth would we prevent the REAPPEARANCE of the income tax. The Dems would simply put it back the first chance they got.

Preferably, we'd repeal the Income Tax Ammendment. Better yet, it would be nullified as never having been properly ratified.

Then, it would take a Constitutional Ammendment to reimpose a federal income tax. And that would be very hard!

[logic101.net]

The problem is getting rid of the IRS; just the act of doing so. However; I think you overestimate the hate of the population for the IRS. Had there been a huge segment of the population that wanted to eleminate the IRS, Alan Keyes would have easily won the GOP primary.

Saddly, most people don't ever look at their gross pay and compare it to their net pay. Those that file the 1040EZ form have little concern about the IRS. They don't even have to spend an extra $200 every year for an accountant like I do! Plus their tax form takes 10 minutes, they don't have any clue as to how twisted and complicated the tax laws are.

MARK A SITY
http://www.logic101.net/

[Taxman]

You are arguing against the NRST without fully comprehending what it is and what it does. I'd urge you to read H.R. 2525 and H.R. 2717 very carefully before make any more assumptions about what is and is not re: the NRST.

You might be pleasantly surprised.

[Taxman]

Get involved, FReepers, get involved! Go to http://www.salestax.org and http://www.votr.org and get involved.

[Taxman]

After the NRST becomes law of the land, no dufuss Representative or Senator will dare jump up and suggest that the US needs to reinstitute a progressve income tax.

Under the NRST, the economy will take off like a Saturn Five rocket to the moon and Americans will be doing so well economically that they would run said dufuss Representative or Senator out of town on a rail, tarred and feathered.

The idea is that the NRST will FRee the economy, causing such an increasing rate of economic growth and individual and corporate prosperity that no one will dare "tinker" with it, for fear of tar and feathers, liberally applied (or the political equivalent thereof)!

[carpio]

Yes!! If Bush can pull this off and end the tyranny of the income tax and the IRS and their goon squads, then he will go down as the greatest president in history

Absolutely!! I would never have dreamed that this could even have been discussed as a serious possibility in our lifetimes. If this comes to pass I will become a stronger advocate of GW than even you. This could truly re-invigorate the Republic and put us on the path to regaining our freedom.

If I could have one but prayer answered for this country it would be ending the slave tax. After that I truly believe the rest could fall into place.