Fair Tax Act of 2003

Americans for fair taxation ^ | self

[Elliott Jackalope]

The problem is that as they keep raising taxes, more people either find ways to avoid paying them or they reduce their incomes. Eventually the tax revenues plummet, and they have to figure out something new. The Laffer curve is very real, and perhaps our representatives are finally starting to figure that out. The higher you raise taxes, the more incentive you give people to avoid paying. The lower you reduce taxes, the more people decide that it's easier to simply pay than to go to the trouble and take the risk of trying to avoid them. Furthermore, the income tax is pure Communism, and it is just plain wrong.

Can a society that keeps a file on every single citizen, with every dollar they have earned in the records call itself a free society? How many times has the IRS been used by politicians to intimidate and punish people? Even Governor-elect Schwarzenegger joked about using tax records to punish Jay Leno. That's the kind of joke I could live without, and that's the kind of tax system I could live without.

[ovrtaxt]

I think it should be a 10% flat income tax.

Taxing income is Marxist and evil for a host of reasons. Taxing spending is a completely different ballgame. It removes CONTROL, the real underlying issue, from the government and returns it to the individual. The percentage rates however, are a debatable issue. Russia is happy with a 7% sales tax, but you have to cough up 20% to the mob.

[lewislynn]

Taxing spending is a completely different ballgame. It removes CONTROL, the real underlying issue, from the government and returns it to the individual.

Sure, you can then choose to NOT buy:
a house,
a car,
gasoline,
clothes,
pay rent,
buy groceries,
a night on the town,
a movie,
a vacation,
have heat,
electricity,
garbage pickup,
water "service",
get a haircut,
hire a lawyer,
have a car repaired/maintenance,
fly,
take a train,
take a bus,
drive a toll road/bridge,
use a bank account,
have a mutual fund,
purchase stocks,
pay a mortgage,
receive interest,
lease anything,
use a credit card...
the things you can choose to NOT do to avoid a tax spending your money are endless.

Not to mention HR25 would increase the price of EVERYTHING by 30+%.

[jimkress]

I have no argument with the inanity of our current tax system. The income tax is wrong, it is evil, and is it destructive to our country.

However, to add a new tax system without insuring the income tax is dead is not only inane, it's insane.

Repeal the 16th Amendment simultaneous with the inception of the 'Fair Tax', then I'll support the 'Fair Tax'. I will not be put in a position of 'trusting' the scumbags in Washington and then having the 'Fair Tax' supporters turn and say "Whoops. Guess we were wrong. Sorry you have to pay both taxes now."

[concerned about politics]

I don't like a federal sales tax. I think it should be a 10% flat income tax.

That's all God himself ever asked for.

I like the sales tax idea. That way, even Democrats will pay taxes !!!

[cartoonistx]

A much better tax plan would end ALL federal taxes on individuals by taxing states based upon population. A dollar amount per capita would be charged to state governments for the cost of federal operations (defense, court systems, etc.). The cost of state functions that support federal programs (interstate road maintnance for example) or the costs of federally mandated state programs (welfare?) would be a "write-off" reducing the overall state tax liability. It would then fall to the state governments to collect this "tribute tax" from their citizens as they saw fit.

[concerned about politics]

I just got so damned sick and tired of being taxed to death that I gave up on earning the big bucks, and now earn just enough to survive. My tax rate has dropped from %50+ to less than %10.

LOL. So did we!
To this very day, I avoid any tax I can. We even barter honey for various taxed grocery items! They pissed me off, and I kill when I'm angry! LOL.
Since then, I've learned every conservative trick in the book. Heck, we even homeschool our kids to teach them how to live away from liberalism and their distorted way of life.

Let some other suckers pay the full tax rate, I just finally gave up and shrugged. I wonder how many other people finally threw in the towel and ended up doing the same thing?

Lots of people! I read where the liberal skanks were complaining about men making too low an income for them. They said so many have dropped back, and there's none who can give them the life they want. LOL.

[concerned about politics]

If the 16th Amendment is not repealed, Congress will retain the income tax. They'll have some sob story cover but you can bet Clinton, Schumer, Kennedy and the rest will insist, "for the children".

The right wing gives half their livelyhood to the left. What has the left ever givin back?
We should have a boycott. Everyone take a protest day off from work. They'd lose more money than us. We'd lose one day. They'd lose millions.

[lockeliberty]

Think about it.

Right now all those products and services you mentioned are run by companies that pay corporate income tax.

Who do you think pays those taxes?

Thats right, you do.

With the 'Fair Tax' plan these corporations will no longer need to hire teams of lawyers and attorneys to figure the best way to avoid paying taxes. These corporations can concentrate on their core businesses which will increase efficiency and lower costs.

[ovrtaxt]

You are already paying that higher 30% in the cost of the product. Any expenses incurred from the costs of withholding payroll taxes, corporate tax, accounting, IRS compliance, etc. is passed on to you.

The free market would spur competition in a fair tax system. The costs of doing business would drop, making the company more competetive. The consumer would have more money in their paycheck to spend, making the sales market softer. In all, the same money is just being rearranged for maximun efficiency, with the control taken away from the bastards in Washington, and the perpetual state of jeopardy that we all live with GONE.

[jmstein7]

I don't know; have they run revenue projections on the proposal?

The main point of the whole tax debate is that the Libs have decided that they would rather use the tax code to punish people instead of raising revenue.

Perhaps we could get to a consumption tax incrementally; let's start with a flat-tax.

Also, the power to tax is an enumerated power; I don't see why Congress couldn't pass a bill forcing states to chose between an income tax or a sales tax and prohibiting them from doing both -- remember, there is no such thing as "states qua states".

[CSM]

". These corporations can concentrate on their core businesses which will increase efficiency and lower costs."

But the eviiiiil corporations that only hold us down and get rich off of our backs will never pass this cost savings along to the consumer! (Sarcastic, of course!)

[3Lean]

If there isn't a specific amendment to state "Congress shall NOT impose an income tax" then you can bet that Congress will impose both an income tax and any other taxes they can get away with.

[Elliott Jackalope]

Well said. I agree completely.

[kevkrom]

I don't like a federal sales tax. I think it should be a 10% flat income tax.

Any form of income tax, flat or progressive, still means that the govenrment gets to dig around in your financial records to force you to prove what your income is. A sales tax would be enforced at the point of sale only.

[Sergio]

The reason I like the sales tax idea is that it makes all those who don't report any income, still pay their share of the tax burden. I don't think drug dealers, loan sharks, prostitutes, pimps, or even people working illeagally report what they make to Uncle Sam. While some of these folks make almost nothing, there are others that are making over six figures a year, and don't pay a cent of tax on it.

While they don't report their income, they do spend it.

But as stated earlier, get rid of the current system before starting the new one.

Best Regards

Sergio

[austingirl]

Bump for the Chief and all Fair Tax advocates.

[austingirl]

A couple of advantages of the Fair Tax is that illegal income is taxed and that we wouldn't have to report our earnings to the government. The old-line wealthy like the Rockefellers and Kennedys would actually pay a whole lot more since they spend a lot of money.

[ovrtaxt]

I don't know; have they run revenue projections on the proposal?

They have spent millions on revenue projections from various accounting think tanks and industry advocacy groups. The details are at fairtax.org . Very detailed information. this is a truly viable plan, not some whack job's brainchild.