Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Tax Reform Panel Picks Apart FairTax Proposal
Tax Analyists ^ | 5/12/2005

Posted on 05/12/2005 7:46:54 PM PDT by Your Nightmare

click here to read article


Navigation: use the links below to view more comments.
first previous 1-20 ... 821-840841-860861-880 ... 1,481-1,490 next last
To: pigdog
In fact, looey, what that business is doing is STEALING from the government, not "forgetting"

Who said it wasn't paid?....You are really quite dense.

You don't think it's possible for example a plumber (who normally does plumbing not tax collecting and doesn't have a cash register in the van) could forget to include the tax in his bill?

You don't know the difference between collecting and paying I take it.

841 posted on 05/21/2005 9:19:19 AM PDT by lewislynn ( Is calling for energy independence a "protectionist" act.)
[ Post Reply | Private Reply | To 839 | View Replies]

To: cc2k
That's why the "embedded taxes" in the cost of things is in the 20-30 percent range. Because the typical tax rate is in that range and virtually every penny of the price of anything you buy is ultimately reported as income by someone.

The problem is the 20-30% figure is fictious. If you take all consumption and include all federal taxes, you are at about 15%. And if you only count the taxes paid by businesses, you are only at about 7%

842 posted on 05/21/2005 9:34:46 AM PDT by Always Right
[ Post Reply | Private Reply | To 833 | View Replies]

To: lewislynn

The plumber would be required to give a receipt to the buyer - and the buyer should insist on one just in case. If the plumber refuses the request for the receipt then he is both violating the law and almost insisting that he be reported.

If the plumber collects the tax and does not send it to the state, that is stealing, looey. Keep in mind the plumber has to be a licensed vendor to collect the tax (for which he is paid to collect and forward - but not pay ... that's the buyer). "Forgetting" is a lame attempt to dodge the requirement he agreed to in his contract with the state.


843 posted on 05/21/2005 10:11:35 AM PDT by pigdog
[ Post Reply | Private Reply | To 841 | View Replies]

To: pigdog

BTW, looey, your illustrates of "forgetting" attempts to use collusion between both buyer and seller to avoid taxation. While that may occur in some cases, the plumber won't be in business for too long with that M.O. and once he's nailed both he and the buyer(s) would be in difficulties with the law.


844 posted on 05/21/2005 10:16:24 AM PDT by pigdog
[ Post Reply | Private Reply | To 843 | View Replies]

To: Always Right

The increased costs are real enough as you could see with a bit of research on the FairTax website.

You don't seem to grasp what the increase stems from. Check the FairTax derivations of the increase.


845 posted on 05/21/2005 10:20:19 AM PDT by pigdog
[ Post Reply | Private Reply | To 842 | View Replies]

To: pigdog
The plumber would be required to give a receipt to the buyer - and the buyer should insist on one just in case. If the plumber refuses the request for the receipt then he is both violating the law and almost insisting that he be reported.

Come down off the drugs, you're rambling.

The bill is the record of the transaction Your Denseness.

You're making the assumption the mistake was somehow dishonest. Your hate and distrust of business people (or maybe just plumbers) capable of being honest is showing as well.

846 posted on 05/21/2005 10:48:33 AM PDT by lewislynn ( Is calling for energy independence a "protectionist" act?)
[ Post Reply | Private Reply | To 843 | View Replies]

To: pigdog
The increased costs are real enough as you could see with a bit of research on the FairTax website. You don't seem to grasp what the increase stems from.

LOL, I grasp everything just fine. What you don't seem to grap is that the extra money in employees paycheck has to come from somewhere. Since the total amount of taxes is to remain constant, the only source is increase in costs of goods. No matter how many times this is explained to you, it never seems to penetrade your hard head.

847 posted on 05/21/2005 10:49:02 AM PDT by Always Right
[ Post Reply | Private Reply | To 845 | View Replies]

To: pigdog
BTW, looey, your illustrates of "forgetting" attempts to use collusion between both buyer and seller to avoid taxation.

You're the only one assuming no tax was paid. And you're assuming that because you think everyone else is just as dishonest as you are.

848 posted on 05/21/2005 10:51:08 AM PDT by lewislynn ( Is calling for energy independence a "protectionist" act?)
[ Post Reply | Private Reply | To 844 | View Replies]

To: Your Nightmare
No matter what type plan they come up with rest assured that the people will pay more and the government will get more money.

It will also have a provision to increase the amount. The politicians spend more every year and they always get it from the same place.

All this talk from them about fair tax or reforming tax laws is about one thing, getting more of our money to fill their insatiable appetites.

849 posted on 05/21/2005 11:08:55 AM PDT by mississippi red-neck
[ Post Reply | Private Reply | To 1 | View Replies]

To: lewislynn

Not at all, looey ... and YOU'RE making the assumptions that both parties "forgot"; the plumber after he had agreed by contract to collect such taxes.

Read the bill's requirements that the receipt that must be provided shows the tax-inclusive taxes. The "... shucks, I forgot" defense won't work too well.

You're making a massive stretch (also unwarranted) to try to throw insults about.


850 posted on 05/21/2005 11:17:02 AM PDT by pigdog
[ Post Reply | Private Reply | To 846 | View Replies]

To: pigdog
Better touch base with the poster in #833 (who also is in the SQL, or Status Quo Lover, mode) as he accepts that the increase is rational.

All people who oppose the economic idiocy of the NRST are not SQL. And what increase are you referring to and what makes it "rational" in your eyes?

I presume by all the posting of the "f-ing" comments that those refer to "FairTaxing", do they not? And don't disabuse yourself of reality - several FairTax supporters are business owners and in general those supporters cover a wide spectrum of Americana.

Even intelligent people can be easily swayed by their emotions. Hating the income tax does not automatically mean you should support a worse system.

The FairTax - as has been shown - is not "on top of" your current prices, either.

Are you just nuts, over? If I sell an item for $100, the customer will pay that price plus all state, local, and federal taxes. Under the NRST, that would be at least $136.00

851 posted on 05/21/2005 11:18:20 AM PDT by balrog666 (A myth by any other name is still inane.)
[ Post Reply | Private Reply | To 840 | View Replies]

To: Always Right

Saying revenue neutral does not mean that more money will not be raised due to expansion of the economy. It merely means tax revenues start out as revenue neutral.

I think that what will happen is that the economy will increase thereby increasing tax revenues which would allow us to pressure the pols to decrease the tax rate, not increase it. The spending issues still exist and that's a whole 'nother story. We should all work on that side of things, but at least it will be clearly known to all what their tax burden really is with the FairTax.


852 posted on 05/21/2005 11:24:11 AM PDT by pigdog
[ Post Reply | Private Reply | To 847 | View Replies]

To: lewislynn

Actually, looey, that's one of the funnier things you have said (2nd funniest actually I guess since the 400% error on a calc you devised probably remains the all-time funniest).

Of course you may come up with some more "beauties" as we move along to pass the FairTax.


853 posted on 05/21/2005 11:27:07 AM PDT by pigdog
[ Post Reply | Private Reply | To 848 | View Replies]

To: mississippi red-neck

The government spending and obtaining more money is actually the spending side of the coin. That's not what the FairTax is about at all. It is revenue neutral meaning it raises the same amount initially as at preseent.

The spending is another concern and should also be addressed but the FairTax is a bill to change the tax laws of the country. Most of us are in favor of less spending by government (much less, for the most part). Since most people have no idea of their tax burden now the FairTax will show them that very clearly which should certainly stir up many to DEMAND lowered spending.


854 posted on 05/21/2005 11:32:00 AM PDT by pigdog
[ Post Reply | Private Reply | To 849 | View Replies]

To: balrog666

Read #833 to see that the poster agrees with the increase in prices of 20 - 30%.

Since from the concerns you offer you show yourself to prefer the existing tax structure, that qualifies you as being one of the SQL crowd.

If not, then do some serious research about the FairTax before starting the hipshooting. You can do it in these places:

http://www.fairtaxvolunteer.org/smart/faq.html

http://www.fairtax.org/research.html

http://www.fairtaxvolunteer.org/smart/rebuttals.html

and you would also benefit from reading the FairTax bill, hr25 which can be done here:

http://thomas.loc.gov


855 posted on 05/21/2005 11:49:06 AM PDT by pigdog
[ Post Reply | Private Reply | To 851 | View Replies]

To: pigdog
I'm in favor of real tax reform just very cynical of this panel's real intention. Why are they now interested in reforming our tax system? We have been trying to get them to do it for years?

Usually when our politicians reform our tax system we get very little reform and a lot more taxes.

Usually this takes when they have had big spending increases as we have just had and like we had under Regan when he had to rebuild our military.

The tax increase that we supposedly didn't get under Regan's administration didn't hurt, but the reform was a killer.

That's when they pulled that slight of hand where they didn't raise the percentage you where paying they just eliminated the deductions.

It hurt the American working man worse than anything I can remember. The States liked it so well the following year most of them reformed the the State income form also.

My federal return had been averaging $2500-$2600 a year for four years previous ,at the end of the three years it was $600-700. It hit so hard they had to phrase it in over a three year period.

They use the cover of reform and fair share on that one to.

They where going to make it more simple and easier to fill out the forms.

They certainly did that.

They took all our deductions except home mortgage and religious charities and threw them out he window.

That's what I'm afraid is happening here.

856 posted on 05/21/2005 1:14:11 PM PDT by mississippi red-neck
[ Post Reply | Private Reply | To 854 | View Replies]

To: mississippi red-neck

NO, that's not what's going to happen with the FairTax. Do some reading with the links given in #855 and be sure to read at least part of the bill itself - and make your own judgement.

I believe the work the Panel is doing is because most people know that the present tax system is BROKEN and can't be fixed. The President has charged the Panel with investigating and coming up with recommendations that meet certain requirements.

The FairTax bill (hr25/s25) as written clearly meets these requirements and so far other plans do not.

With the FairTax, there will be no quesstion about what each taxpayer's tax burden might be nor will there be any suspicion (as at present with all the class warfare stuff) that someone else is escaping taxes - he'll be paying at the same rate you do --- everyone will; even the poorest people. They are protected due to the prebate but still pay at the same rate when they consume.


857 posted on 05/21/2005 2:35:49 PM PDT by pigdog
[ Post Reply | Private Reply | To 856 | View Replies]

To: pigdog
It's not the fair tax that's the problem. It's what the panel's real objective is that I'm not sure of .

The president also instructed them to look at reducing current deductions.

I'm not sure they're there to give the Fair tax or any other idea a fair or serious consideration.

I think it is more likely they where told to make it look like we are trying to do something but don't upset the cart just bring us back more dollars.

We got a war to pay for. Iraq To Rebuild. Medicaid drugs to pay for. A huge new department of Homeland Security to fund.

Our hospitals,schools , prisons and welfare systems going bankrupt from the flow of illegals through our borders and a $2.6 Trillion budget along with a big growing deficit.

The American people are fixing to get the bill for these.

The panel I believe is laying the ground work by putting lipstick on the pig. Read my lips.

I hope I'm wrong.

858 posted on 05/21/2005 3:28:37 PM PDT by mississippi red-neck
[ Post Reply | Private Reply | To 857 | View Replies]

To: mississippi red-neck

I hope - and actually believe - that you are mistaken since I doubt there would be that elaborate a ruse (wouildn't be necesary since they could do as was always done before).

We'll find out soon enough, though. I think they are supposed to report by Jun 30.

It'll be interesting to see. Then, too, no matter what they report the President may not care for it and do something else entirely. Either way we'll know before too long.


859 posted on 05/21/2005 4:05:29 PM PDT by pigdog
[ Post Reply | Private Reply | To 858 | View Replies]

To: pigdog
I hope I'm wrong to pigdog.

Even though Regan put the money to a real good use, a much needed military build up that brought about the fall of the Soviet Union we sure got blind-sided by it.

I wish he had been a little more up front with it and had showed a little more faith in the American people.

He could have made his case. He was good enough. He had tremendous leadership qualities.

860 posted on 05/21/2005 5:55:29 PM PDT by mississippi red-neck
[ Post Reply | Private Reply | To 859 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 821-840841-860861-880 ... 1,481-1,490 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson