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Good News on FairTax
Town Hall . Com ^ | 4/13/06 | Herman Cain

Posted on 04/14/2006 2:42:07 PM PDT by Eaglewatcher

of good news is that support is growing for complete replacement of the tax code with a national consumption tax. More and more taxpayers are demanding action from their representatives in Congress, and their representatives are listening.

Just one year ago, there were 33 sponsors and co-sponsors of HR 25, The FairTax Act, in the U.S. House. Now there are 53 supporters, and new co-sponsors are joining every month. In the Senate, Senator Saxby Chambliss (R-GA) was the lone sponsor of the FairTax Act, S 25, one year ago. Senators Tom Coburn (R-OK) and John Cornyn (R-TX) now join Senator Chambliss as co-sponsors. The word is spreading about the overwhelming benefits to our economy and our wallets when we replace the nine-million-word tax code mess with the fair and simple FairTax.

(Excerpt) Read more at townhall.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government
KEYWORDS: economy; fair; fairtax; fraudtax; scam; tax
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To: Principled
where in this data do you see someone who spends below the poverty level?

The old prove the negative scam. SOP for the "fair" taxers.

261 posted on 04/16/2006 8:32:57 AM PDT by Mojave
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To: RobFromGa
The new edition of the book will get rid of the "keep 100% of your present paycheck" promise.

When will they dump the "23% inclusive" dodge?

262 posted on 04/16/2006 8:34:37 AM PDT by Mojave
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To: Your Nightmare
What's dishonest? I post data indicating average incomes and their associated average spending levels. The averages show that few people will spend below poverty level.

You are trying to discount the data for two reasons:

First, the data discount your theory that the rebate is going to be going to people who don't deserve it (and that doesn't happen now, does it?)

Second, the data show a valid reason to assert that the nrst does a better job of collecting from the cash economy.

It's a double-whammy for those who assert otherwise using only their opinions.

As I've said for months, if you have associated data, post it. To date, you've declined to post any contrary data. Who's dishonest - the one who posts data and uses the data to buttress an assertion or the one who discounts the data because he doesn't like it?

Keep trying.

263 posted on 04/16/2006 8:36:49 AM PDT by Principled
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To: Mojave

the 23% vs 30% subterfuge is just semantics, and I think they'll cling to the 23% all the way to the bottom of the ocean.


264 posted on 04/16/2006 8:37:30 AM PDT by RobFromGa (In decline, the Old Media gets more shrill, thrashing about like a dinosaur caught in the tar pits.)
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To: Mojave
It's numbers. It's easy to prove things using numbers.

Here, I'll make it easier for you...

Use the data (or post other data) that show your assertion.

THe data I've posted buttresses my assertion.

Got data? Or just insults?

265 posted on 04/16/2006 8:38:43 AM PDT by Principled
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To: Mojave

now Boortz is pretending to be a Libertarian again, even though he loves the prebate, and thinks that removing the poor from all federal tax rolls is a good thing as long as the FairTax is how that is accomplished.


266 posted on 04/16/2006 8:40:19 AM PDT by RobFromGa (In decline, the Old Media gets more shrill, thrashing about like a dinosaur caught in the tar pits.)
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To: Principled
Use the data (or post other data) that show your assertion.

Quote the assertion.

267 posted on 04/16/2006 8:41:39 AM PDT by Mojave
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To: Mojave
Interesting discussion of the fact that the "prebate" would be largest federal entitlement program, bigger even than social security.

Fact? HA!

There are arguments that it not an entitlement program. Just look of the definition of entitlement for starters.

Second, data indicates that you are wrong. Have you looked? Aren't you the one who says others ignore the facts?

Data indicate the opposite of what you say.

268 posted on 04/16/2006 8:41:57 AM PDT by Principled
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To: Mojave

You don't know your own assertion? HAHA! Backpedaling already in the face of data! LOL!


269 posted on 04/16/2006 8:43:03 AM PDT by Principled
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To: Your Nightmare
Golly, who could spend without reporting income? Hmmmm..

That is the crux of the reason the nrst does a better job of collecting taxes from the cash economy. Thank you for making the point so clearly.

270 posted on 04/16/2006 8:44:54 AM PDT by Principled
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To: Principled
Just look of the definition of entitlement for starters.

"A government program that guarantees and provides benefits to a particular group..."
What's the "fair" taxer definition, just out of curiousity?
271 posted on 04/16/2006 8:46:05 AM PDT by Mojave
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To: Eaglewatcher
It's what so many have been saying for so long.

Making illegals alway pay the max rate will ameliorate the illegal immigration problem in two ways:

First, it collects over 100% of the illegals' fair share.

Second, it makes it less profitable to come in.

The first point is by far the more effective, but the second shouldn't be ignored IMO.

272 posted on 04/16/2006 8:47:21 AM PDT by Principled
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To: Principled
You don't know your own assertion?

Which assertion are you pretending to address? Is your "cut and paste" broken?

273 posted on 04/16/2006 8:47:22 AM PDT by Mojave
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To: Mojave
Wow you're really trying to avoid the point. I'll help:

The rebate is going to offset taxes paid on spending above the poverty level. Those below the poverty level still spend up to the poverty level as shown by the bls data.

Also, the nrst will do a better job of collecting from the cash economy - as evidenced by the bls data.

Got data showing otherwise?

sagebrush rolling....

274 posted on 04/16/2006 8:50:01 AM PDT by Principled
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To: RobFromGa
now Boortz is pretending to be a Libertarian again, even though he loves the prebate

A "Libertarian" for distributing hundreds of billions of dollars in entitlement checks yearly. Oxymoronic guy.

275 posted on 04/16/2006 8:51:46 AM PDT by Mojave
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To: Principled
The rebate is going to offset taxes paid on spending above the poverty level.

"Prebate", not rebate. And the entitlement checks go out whether the taxes they "offset" are paid or not, and without regard to whether the alleged spending is shown to have occurred or not.

276 posted on 04/16/2006 8:56:40 AM PDT by Mojave
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To: Principled
First, it collects over 100% of the illegals' fair share.

Really? What's their "fair share"?

277 posted on 04/16/2006 8:59:23 AM PDT by Mojave
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To: Principled
What's dishonest? I post data indicating average incomes and their associated average spending levels. The averages show that few people will spend below poverty level.
But the numbers don't add up and, because the screwy number support your claim, you don't care to know why.


First, the data discount your theory that the rebate is going to be going to people who don't deserve it (and that doesn't happen now, does it?)
Do you not agree that anyone spending less than the poverty level would make money with the "prebate"? (Actually, it's a little lower than the poverty level, but that doesn't matter for our discussion.) Would you not also agree that there are people spending below the poverty level?


Second, the data show a valid reason to assert that the nrst does a better job of collecting from the cash economy.
You are making the assumption that anyone spending more that they are making in income is in the "cash economy." Wouldn't a person living off of savings spend more than they make in income? Isn't that much more likely than someone in the "cash economy" answering a survey from the government saying I spend $20,000 but only make $5,000 (basically admitting they under-report their income)?


As I've said for months, if you have associated data, post it. To date, you've declined to post any contrary data. Who's dishonest - the one who posts data and uses the data to buttress an assertion or the one who discounts the data because he doesn't like it?
Go to the Consumer Expenditure Survey's Standard Error table. Notice how the coefficient of variation (CV(%)) for the "Less than $5,000" column is significantly higher than the other columns. That means the variation in levels of expenditures in this column is very high. This goes back to what I was trying to explain to you earlier about averages and populations. In this column you obviously have a lot of people spending a little and a few people spending a lot and that is skewing the average.

Notice also how the college education level goes down from the first column to the second (and again in the third). The "Less than $5,000" income column shows 55% of them went to college. Who has a college education, makes less than $5,000 in income, and spends ~$17,000? Hmmmmm.... maybe retired people living off savings? Ya think?

What's oviously going on in these tables is that you have a lot of people living off of savings skewing the income/expenditure relationship. If you cared to know the truth you would see this.


Keep trying.
Why don't you start trying. The truth shall set you free.
278 posted on 04/16/2006 9:19:22 AM PDT by Your Nightmare
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To: Principled
Those below the poverty level still spend up to the poverty level as shown by the bls data.
That's impossible. If someone spends beyond the poverty level, they aren't in poverty (the poverty level isn't based on reported income). Are you suggesting there is no one in America who is in poverty?
279 posted on 04/16/2006 9:24:25 AM PDT by Your Nightmare
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To: Mojave
Oxymoronic guy.

Not so sure about the "oxy" part, but the rest of it is certain. he just wanted a "#1 NYT Bestselling Author" to go after his name, he is clueless on the tax legislation.

280 posted on 04/16/2006 9:32:04 AM PDT by RobFromGa (In decline, the Old Media gets more shrill, thrashing about like a dinosaur caught in the tar pits.)
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