[Turbopilot]

For the AJC, a remarkably fair and non-hostile article on Neal Boortz and the FairTax (the article includes a sidebar detailing the specifics of the plan). It doesn't matter to me how many copies of the book Boortz and Linder sell, but I do encourage all Freepers to contact your congresspeople and ask that they support the FairTax.

[mmercier]

This type of tax reform is lunacy, we are past the point of no return.

Anyone who thinks we will replace the income tax with a national sales tax is living in an alternate universe.

Allowing the government to even write this legislation simply guarantees that we will have both income and national sales taxes.

They never give anything back, never ever in a million years will the income tax be removed.

[DeeOhGee]

I like the idea of the fair tax, and find little with the proposal to argue with, and nothing major at that. My only concern is what provisions are there to ensure the tax rate doesn't jump when the fedgov continues to spend like a drunken sailor?

[GSlob]

One would need to really think through the tax system transition specifics: right now, there are essentially two types of money existing side by side: money taxable in the future (think 401k and IRAs, and also the current pre-tax income, although it is taxed at the present) - "money A" for brevity - and money already taxed and because of it no longer taxable in the future [except at a relatively minor sales tax rate when spent] - regular savings and Roths [call them "money B"].
While it would not make any difference how the money A is taxed - as an income tax when withdrawn, or as a large sales tax of a VAT type, subjecting the money B to large consumption tax would clearly amount to the double taxation. Thus one might have to upindex all the money B accounts at the transition time by the amount of projected VAT, or limit oneself to flat tax systems.

[skinkinthegrass]

Thanks, for the post....FWIW, Neal is a much better radio talk show host than Sean 'Humdrum' Hannity...Rush is still Tops, but Neal is NO slouch. :D

[CTOCS]

Neal a racist?

IIRC, Royal is black and they've been friends for years.

[ovrtaxt]

Boortz put on hold another book he had been working on — "Somebody's Gotta Say It" — which he hints might include an entire chapter about The Atlanta Journal-Constitution, a publication he enjoys skewering. Cox Enterprises, the owner of the Journal-Constitution, also has a controlling stake in Cox Radio, which owns WSB.

This reporter is a real hoot!

[ancient_geezer]

A Taxreform bump for you all.

If you would like to be added to this ping list let me know.

John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.

H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.

Refer for additional information:

• search: "national sales tax" OR "national retail sales tax" OR "fairtax"

[Bommer]

Wonder what's considered "fair"? 25%? 35%? 55%? Once they open this door, every year congress will hike it a 1/4 to 1/2 percent! Until pork is controlled, this is a waste of time!

[jslade]

bite me bumpero.

[pepsi_junkie]

Can anyone give a brief overview of the benefit of the fair tax verus the flat tax? I think one downside of the fair tax is it does open the door for both income and sales tax at the national level (cynical though that view may be), while the flat tax retains only income tax, albeit at a better rate across the board. But I'm no expert.

[GPBurdell]

Fair Tax Fans is a group of blogs and websites that support the Fair Tax proposal advanced by Neal Boortz and Congressman John Linder in their best-selling book "The FairTax Book."

I am, of course, a supporter of this proposal and in an effort to help spread the word about the Fair Tax, I have started Fair Tax Fans. It is my hope that blogs and websites supportive of the Fair Tax will join Fair Tax Fans and help create support for this reform proposal. Please click right here for more information.

[Trajan88]

Boortz... Texas A&M Aggie Former Student... Gig 'Em!

Trajan88; TAMU Class of '88; Law Hall (may it R.I.P.) Ramp 9 Mule; f.u.p.!

[phil_will1]

Boortz is on the air this morning saying that the fire marshalls kept out late comers to the book signing last night in Dayton, OH. He said that he signed about 800 books.

I wish they could extend the book signing tour into September. The exposure that this is giving the FairTax is enormous.