Taxman: You are so wrong, George. The NRST will cause a huge increase for all Americans -- the poor will get richer and the rich will get richer.
Your musings could have been written my Marx and Engels, and may well have been, for all I know. You ought not to plagarize them, George, without attribution!
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O'k, Let's say that a person makes 100 million dollars with investment income only. Under the NRST, that person would pay taxes only on the things they need to buy. As mentioned in the article, if the object bought was a "trust" item, not even then. So, say that person spends $10 million just to get by {they already have most essentials no doubt}, at 21% they would pay $2,100,000 to the feds. If, with no deductions and/or exemptions, at 10% under the FIT {Flat Income Tax}, they would pay $10 million.If a person makes $100,000, and spent $60,000 they would pay NRST $12,600, and FIT $10,000. If a person made $10,000, and spent $10,000 plus their "rebate", they would pay NRST $2,100+, and FIT $1,000.
Now, tell me again how the incentive to keep the tax rate low is the same throughout income levels.
By the way, from reading on this thread, am I to understand that "all" taxpayers get the "rebate"??
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Guys, Y'all can call me anything you want. It doesn't change fact. The NRST AND the current flat income tax proposals are written by wealthy men to benefit wealthy men. A VAT would only hurt the lower classes more than the NRST is designed to do.I was good at math in school. Still am. Y'all were/are either bad, or are lieing through your collective teeth. The NRST proposal written of in this article, excluding the VAT, is designed to emasculate the middle class, bringing them into line with the "poor", and create the wealthy "philosopher kings" of Plato's "Republic" writ large that was the former{?} U.S.S.R. that most of of you call "communist". "Union of Soviet Socialist Republics" fits well to what the U.S.S.R. was{?}, but never "communist". Peace and love, George.
Hear me out, George: our intent is to once and for all destroy the Marxist class warfare argument "FRom each according to their ability, to each according to their need."
That nice sounding, but misguided argument has caused in excess of 100 million deaths since Marx and Engels published the Communist Manifesto in 1847. They were wrong, George, dead wrong!
Drop your class warfare argument and argue issues on their merits!
The NRST is but one of the arguments/governmental actions we will use to destroy the Marxist class warfare theology. There are actions we will take, but first things first!
The issue is FReedom, George, and the Marxist class warfare argument presupposes no FReedom. It, in fact, presupposes and legitimizes theft and thuggery by the state against the people and slavery of the people to the state! The former Soviet Union, Cuba and China are instructive in this regard.
There is no legitimate argument that can be made to support state theft and thuggery and state enslavement of the people, George. The progressive income tax is a classic example of all three. The NRST will FRee the American people, George, FRom state control, and you LIEberal/Socialist/Marxist bastards cannot exist in a state of FReedom, because with FReedom, you are irrelevant and essentially useless.
The old maxim of "Lead, follow or get out of the way" applies here, George. History is passing you by!
Good riddance!