Posted on 10/12/2005 3:44:33 PM PDT by pigdog
It may indeed by that the members of the Tax Panel, collectively, cannot read but there is no doubt that the American Taxpayer at large is giving that opportunity (AND IN SPADES).
Here are the first few General Comments to them after their recent pontification that "reform" really is not needed, but just a bit of tinkering. All but about 6 or so comments have been included - some with "Subject" line where appropriate.
Some are: funny, sad, biting, reflective, even discerning or not well informed. All are expressions of the American system. The Panel would do well to read (for a change).
(sarcasm) Gloves off, brassknuckles on...
I second that.
Who are the panel members?
The panel members are:
http://www.taxreformpanel.gov/members.shtml
Thanks!
Why do so many people want a national sales tax? How about a FLAT TAX
I know I would rather not have to tack on another 17 percent in addition to the 9% my local idiots add at the cash register.
In addition they always talk about the national sales tax in a 'tax inclusive' rate, which makes it SOUND like a lower rate than it really is.
That to me means the advocates are LYING up front about it- and I take it as a very bad sign.
Check the FairTax website and you'll see it describes it as both tax inclusive (to compare to the income tax) and tax exclusive (to compare to a state sales tax). the bill specifies tax inclusive and that's the way receipts will be printed.
As for the flat tax, you might check this article:
Flat Tax as Seen by a Tax Preparer
or consider:
a flat tax of any sort is a wonderful idea and would leave us with:
a) payroll/withholding taxes,
b) thousands and thousands of pages of tax code which no one understands and which can be easily modified,
c) no manner in which to help US companies in being more competetive with exports (no border-adjustability of taxes),
d) consumer prices artificially increased due to cascading embedded tax costs,
e) the massive evasion - and lost tax revenue - we now have with the illegal economy (which is not even considered evasion by the SQL crowd since it can't be addressed as under the FairTax),
f) huge wastage of taxpayer "individual capital" in complying with tax laws and filling out tax forms when such time could be better spent playing tiddlywinks or mowing the lawn,
g) political control of the publics financial decisions to a large part by tinketing with the tax laws ... and then changing them again when it is seen they do not work as advertised,
h) no means at all for enticing home-grown capital that has fled the country due to taxation to return,
i) no manner of attracting foreign capital into the US to help boost our economy and create jobs,
j) and no doubt others which I lack the mental energy to pursue.
Perhaps others would like to expand the list.
your name is appropriate- yet ANTOHER deceptive post be a 'fair taxer' - I swear you guys are liberals by the lies told in defense of your beloved 'fair tax'.
l
Lie number 1 (your items B, G, and E) The flat tax would WIPE OUT the existing tax code- no deductions, no special interest loopholes.
And unlike 'fair taxers' I am willing to discuss it- the 'tax inclusive' scheme by tthe 'fair taxers' leads me to doubt their intentions immediately- Why use such a complex tax calculation method? - even if you disagree that it is too complex you MUST agree it is more complext then the other (tex exclusive) method- where somethig costs 100 with a 6% tax would enhd up being 106 at the register. Try doing that in your head with the 'tax inclusive' method.
"... WIPE OUT the existing tax code- no deductions, no special interest loopholes ..."
As proof of my statement, go to this link where I have posted some of the information about "deductions" from the existing S1099 flat tax bill - post #194. As you'll see, all deductions are not eliminated:
http://www.freerepublic.com/focus/news/1501156/posts?page=200
If you bothered to research the FairTax website a bit, you'd see that either the tax inclusive rate or the tax exclusive rate is used depending upon what is being discussed. Do you have the arrogance to think you're the first poster to make this sort of attack? Hardly.
Your belief that item e) in the original post is somehow incorrect brings me to ask you how, under any flat tax, the illegal economy is caused to contribute more in tax revenue - or even any tax revenue since the very thing taxed (income) is what is being evaded RIGHT NOW and massively so.
It's pretty clear from the Comments to the President's Panel that people want the FairTax and no flat tax is anywhere in sight (let alone the Nightmare Flat Tax).
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