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It's definitely a major step in the right direction. Maybe if people keep bringing it up enough, it may pass at some point.

I think this credit to everyone is overdoing it -- just give those few, who are really poor some extra help, or don't put a salestax on food, as it is today with state sales taxes. But otherwise it would be great, as far as I am concerned.

1 posted on 08/11/2003 10:17:09 PM PDT by FairOpinion
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To: FairOpinion
I am fully on board this bandwaggon. However, I do have one question/observation:

As with the prices of goods, our wages will be driven down by competition. This is not necessarily bad, as that if we stay revenue neutral, our purchasing power will not decrease. The big question is, where will the system equalize?
40 posted on 08/12/2003 9:36:38 AM PDT by Dead Dog (There are no minority rights in a democracy. 51% get's 49%'s stuff.)
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To: FairOpinion
Pie-in-the-sky!
52 posted on 08/13/2003 5:52:05 AM PDT by verity
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To: FairOpinion
FUBAR - I don't like the idea of the "subsidy". Take away all taxes on food products (like a great deal of the states already do)

I would have my congresspersons vot against this bill.

54 posted on 08/13/2003 6:50:32 AM PDT by Core_Conservative (Proud of my wife ODC_GIRL who Un-retired to support our War on Terror!)
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To: FairOpinion
Beware the "value-added tax", VAT. Research it well. Politicians love it. Europe's socialisls embraced it long ago.

(Hint: VAT almost looks like sales' taxes, except it is less in-your-face that a sales tax rung up at point of purchase.

Would a car or truck, or second car or truck be subject to the 2X% sales tax? Tools of the trade? Homes? Second homes or land? Stocks and bonds? There is a reason beyond corruption that our federal tax code is a shelf breaker. Our federal "Code's" ("as amended") regs and law are room fillers expanding at increasing rates from my tax accounting - tax law studies 20 y.ago.

Beware keeping spending levels this high, not to mention the recent rates of increases. Our layers of governments spend far in excess of needs simply to buy votes with producers' confiscated money. D.C. fascism, criminally corrupt socialism, is the one incumbant party which controls our federal government.

Why are widely known felonies of high officials so often uninvestigated much less prosecuted? We have grown numb and corrupted from the cover-ups.

Learn the different micro/macro effects of taxing pruction vs. consumption, homeschoolers.
55 posted on 08/13/2003 7:13:04 AM PDT by SevenDaysInMay (Federal judges and justices serve for periods of good behavior, not life. Article III sec. 1)
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To: FairOpinion
As soon as these taxes vanish, economists agree that competitive market pressures will immediately cause prices at the retail level to fall.

Dream on!

61 posted on 08/13/2003 8:54:17 AM PDT by From The Deer Stand
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To: FairOpinion
I'm all for it.

Might have a moderate or better chance of disconnecting the puppet masters from so much use of OUR 'public' funds!

I suppose it would be too big a task to include getting rid of the Federal Reserve? Or did I miss that somehow in the above?

69 posted on 08/13/2003 1:30:42 PM PDT by Quix (DEFEAT her unroyal lowness, her hideous heinous Bwitch Shrillery Antoinette de Fosterizer de MarxNOW)
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To: FairOpinion
Thank you for posting this. I've been on a little crusade of my own here for about 2 weeks now.
76 posted on 08/13/2003 3:30:34 PM PDT by ovrtaxt ( Support real tax reform - HR 25! See http://www.fairtax.org)
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To: FairOpinion
I'm all for it and want it to happen asap--especially in my lifetime! We should start a letter-writing campaign to urge the pols to get behind this immediately!
93 posted on 08/13/2003 7:31:01 PM PDT by Paulus Invictus
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To: FairOpinion
bump
102 posted on 08/14/2003 1:53:47 AM PDT by expatguy
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To: FairOpinion

Let's keep bringing it up !!!!


112 posted on 11/06/2004 9:39:26 AM PST by Nepe
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To: FairOpinion
Where do we sign up? ~LOL~

I soooooo want a consumption tax vs a flat tax... I know people are "talking" about it... but how can we guide them in the right direction AND get them seriously working on it?

113 posted on 11/06/2004 10:11:21 AM PST by Arizona Carolyn
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To: FairOpinion

The exemption idea is stupid. Low-income people getting a monthly check amounts to more welfare. Just make the overrall rate lower, say between 15-20%, and everyone wins.


116 posted on 11/06/2004 10:29:38 AM PST by Extremely Extreme Extremist (EEE)
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To: FairOpinion
Out of curiosity, how much unemployment would the NRST cause? I'm referring to federal jobs in the IRS, accountants, tax attorneys and H & R Block types, as well as avoidance counselors.
118 posted on 11/06/2004 10:42:23 AM PST by JimRed (Investigate, overturn and prosecute vote fraud; turn more counties red!)
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