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To: Always Right

Yes, it does. Currently, I have to pay both the personal income tax when I make the money PLUS the hidden/imbedded taxes when I spend it. The people who are making their money illegally are NOT paying a personal income tax.

Now tell me, who currently pays more overall taxes? An doctor making $500,000/year or a drug dealer making $500,000 per year? If you say neither, then you are lying to yourself and me, too because you know that the doctor will pay probably $100,000 in income taxes while the drug dealer pays nothing.

With a fair tax, how much you pay will depend on how much you SPEND, not how much you earn, legally or illegally.


34 posted on 06/10/2005 11:49:17 AM PDT by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
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To: Blood of Tyrants
Now tell me, who currently pays more overall taxes? An doctor making $500,000/year or a drug dealer making $500,000 per year? If you say neither, then you are lying to yourself and me, too because you know that the doctor will pay probably $100,000 in income taxes while the drug dealer pays nothing.

I agree. But let's look at the sales tax. Under the sales tax the doctor must remit $150,000 for sales tax. Meanwhile, the drug dealer should remit $150,000 for sales tax on all the drugs he sold, but he won't. So in the end, the drug dealer has more money in his pocket to spend under both systems. Taxes are avoided under both system.

46 posted on 06/10/2005 11:56:59 AM PDT by Always Right
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To: Blood of Tyrants
Currently, I have to pay both the personal income tax when I make the money PLUS the hidden/imbedded taxes when I spend it.

Next, he'll tell you that prices do not include any tax costs. Really.

60 posted on 06/10/2005 12:02:27 PM PDT by Principled
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To: Blood of Tyrants

If the doctor has Theresa's accountants the drug dealer is probably paying more.


125 posted on 06/10/2005 12:26:45 PM PDT by justshutupandtakeit (Public Enemy #1, the RATmedia.)
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