Posted on 06/10/2005 11:13:37 AM PDT by Always Right
Sorry, that might make 9 insults and zero actual points.
Which proves once again that you can't count OR read.
11....are you going to make an actual point? I have giving you lots of time. I know it is hard.
Like all trolls, you avoid hard questions like the plague, since to answer would expose your lies even further.
But I'll try again:
What do you have against visibility, and why should anyone with an honest mind care one whit about your arguments about the rate, as long as the FairTax is revenue neutral at the time of its implementation?
Would American manufacturers be further ahead in the world market, and in our own market, minus the burden of the income tax code?
That's a very incomplete example with insufficient data to reach the conclusion ("it's a wash") that you did.
Even if the Current System figures are correct, the NRST figures are not since John will clearly be spending the rest of his income on taxable consumption at a rate of 23% - higher than his rate under the Current System so he'll pay more in sales tax.
The tax for his "friend" on the illegal income of $125 when spent for taxable things would be $28.75, not $25, and so the FairTax clearly captures more since John's rate is higher and his friend also pays (at the same rate as John) also.
A clear win for the FairTax that illustrates it does, indeed, capture more of the illegal income than the present system. It's not a wash, at all.
Visibility is good. A tax scheme that is going to be highly inflationary and destroy the economy is another story. If you want visibility, just make retailers put on their receipts how much embedded taxes are costing them. You don't need to disrupt our entire economy to make a point.
Would liberty be enhanced by an end an end to the IRS, with its ability to peer into every American's finances?
The FairTax authors make no such agreement - that's merely your "spin" ... and it's incorrect.
In Georgia we have a state income tax. If we implement a fair tax nationally there will be hell to pay every April down here. There will be a call to revamp our system. As far as state employees being taxed, well, they are now aren't they? They get paid by the government and they get taxed by the government. What's the difference under a NRST?
I could have sworn that you said 'it was a wash'. But it is pretty hard to follow your mental contortions, so I could be wrong. Unlike you, of course...you're never wrong.
You certainly are in the minority. Check this link:
http://www.fairtax.org/pdfs/Homebuilders_will_benefit.pdf
and then the opinions of 75 economists:
http://www.fairtax.org/pdfs/Open_Letter_President.pdf
There might be some advantage from the sales tax, but since the employees are pocketing 2/3rds of the savings by eliminating the income tax, it is really not as big as a win for American manufactuers as stated. The biggest advantage may be from the sales tax causing inflation and devaluing the dollar even further, making our goods more competitive. But we will be paying more for foreign goods and oil.
I have heard homebuilders on talk radio shows who are very much in favor of the fair tax.
Do you prepare your own taxes?
Are you aware that when a large number of tax 'experts' are asked to each prepare the taxes of one single filer, they invariably arrive at completely different amounts owed by said taxpayer?
Why the love affair with an obviously unfair, overly-complicated, convoluted, invasive system?
That was concerning the illegal economy, but I assume you knew that. It is a wash as far as taxing illegal revenues.
The underground economy is growing daily. Illegal aliens will find a way to bypass the tax system. The feds will let them slide and expect law abiding taxpayers to pick up the cost of that as well.
Any way we are all had. Paying for those people illegally in the country, and the number is growing daily with them and their 'anchor babies'.
People keeping what they earn is such an awful thing, isn't it...
I'll also bet you dollars to donuts that the final version of the fair tax will exempt new homes.
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